We explore real-life reformation here in this informed, online community.
Pastor Kevin Swanson makes two good points.
1. American stocks are overvalued.
2. There will be a big correction in 2024.
"Are American stocks overvalued?
The NASDAQ stock index has hit an all-time high, closing Friday at 16,826. That’s up from 1,204 in 2009, a 14-fold increase.
The Dow Jones Industrial Average closed for the year 2023 at 37,690, up from 7,060 in 2009. That’s a 5-fold increase. Meanwhile, almost every other stock market in the world hasn’t come close to these valuations.
WolfStreet.com reports that the Chinese Shanghai composite is still where it was in 2009. Japan’s Nikkei is leveled off where the index stood in 1989. The UK FTSE Index is up about 50% since 2009. Spain’s IBEX index is still where it was sitting in 2009. Canada’s Index is up about 40% from 2008.
Economist predicts 2024 “biggest single crash year in our lifetimes”
Is the American industry really doing 20 to 100 times better than England, China, and Japan?
U.S. economist Harry Dent told Fox Business: “Since 2009, this has been a 100% artificial [economy], with unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. … We’re in a dangerous state. 2024 is going to be the biggest single crash year we’ll see in our lifetimes.”
The economist forecasts an 86% crash in the S&P, a 92% crash in the NASDAQ, 96% for crypto, and significant deflation on housing prices.
But Jesus said, “Take heed and beware of covetousness, for one’s life does not consist in the abundance of the things he possesses.” (Luke 12:15) Our Savior also said, “Lay up for yourselves treasures in Heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.” (Matthew 6:19-21)"
For more than two decades Congress has been avoiding the courageous scholar Robert B. Spencer. Finally, this week, he publicly gave expert testimony before the Subcommittee on the Constitution and Limited Government. His expertise is unmatched internationally: militant Jihad and how blind, foolish, irrational and ignorant Western nations are being culturally, spiritually and politically conquered by traditional Islam. Present tense.
The link is below. It's a four minute read. I asked A.I. to summarize it and Spencer's words were too hot for them to touch. The politically correct robots were as cowardly as US congressmen have been for the last quarter century.
In 2016 I contacted the Trump transition team immediately after the election to formally recommend Spencer for Secretary of State, giving my endorsements directly to Ed Meese (Chairman) and Becky Norton Dunlop, the keeper of resumes. Why Spencer? Because International Islam is the greatest geopolitical threat in the world, and...
I want to just say a word about what the subject [of Epstein] really is, because the congresswoman is, of course, representing the Democratic party’s view of this president. But really the Epstein files and the revelations that they contain are an indictment of an entire class of depraved bureaucrats, whom Donald J. Trump, our president, has admitted to impunity in our political system and authority.
Apparently these people can get away with anything. And this is precisely the issue, the issue of the abuse of wealth and power that got Donald J. Trump elected. He somehow convinced the public that he was on the side of those who demanded accountability from those in power. It’s interesting to me that the best the Democrats can apparently come up with is an assault on Trump personally, probably reflecting his unpopularity. But this is a broader issue. It’s about our whole political class that is indicted by these revelations.
-- Charles Freeman
Hungarian Prime Minister Viktor Orbán has condemned Brussels’s reported plan to fast-track Ukraine into the European Union by 2027 as ‘an open declaration of war’ against Hungary. He warned that proposals to remove his veto—through electoral change or stripping Hungary’s voting rights—amount to a direct assault on national sovereignty and democratic choice.
Joakim Scheffer
— 11.02.2026
