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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)"
Or will he negotiate with Iran?
If he escalates to destruction, these are his necessary targets. How many missiles are still in the US magazine?
It's the organized Stealth Jihad to conquer America. For 15 years the FBI was engaged in a landmark investigation into the largest Islamic-based charity in the United States, called The Holy Land Foundation. The organization was operating as a front for Muslim terror groups, funneling cash from western countries to Hamas and the Muslim Brotherhood, until they were finally put on trial in 2008.
Convicted leaders were known as the “Holy Land Five,” and included Shukri Abu Baker, Ghassan Elashi, Mufid Abdulqader, Abdulrahman Odeh, and Mohammad El-Mezain. Among the documents seized from these individuals during the investigation was a strategic paper drafted by senior Muslim Brotherhood operative Mohamed Akram in 1991.
The paper was titled: “Explanatory Memorandum on the General Strategic Goal for the Group in North America”. It outlined an agenda called the “Civilization-Jihadist Process”, also known as “Stealth Jihad Understanding the role of the Muslim Brother in North America: ...
The April 12, 2026 election in Hungary may be even more eventful than the American midterms. Foreign interference, foreign money, and foreign propaganda have been focused for years to unseat Prime Minister Orban, the longest ruling leader in Europe. Why? Because Orban figured out how to transform a nation destroyed by Soviet secular socialist anti-Christian terror. He led Hungary back to longstanding Christian foundations of faith, reverence for Christ and obedience to the Scriptural duties of fathers, churches and civil magistrates. The Epstein elites of global governance, programmable currency, transhumanism, anti-Christian technocracy, and secular social engineering have all united to destroy Orban before his example of courage and Protestant Reformation brings hope and a Christian counter-revolution to other nations. Orban is dangerous because he is showing the West how to restart the international network of Christendom, the vast network of Christian nations.
Hungarian ...
