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)"
"I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested."
US Marine General Smedley Butler, reflecting on his 35-year career as a soldier
“Fact check; not locking down at all (like Sweden) would have saved lives in UK. Hard to believe how much money the UK spent on its sham covid inquiry.”
--Jay Bhattacharya
The UK Covid-19 Inquiry cost millions. It finally released the core political chapters of its long-awaited report. After nearly three years of hearings, millions of documents, and tens of millions of pounds spent on legal fees, the conclusion is now unmistakably clear.
They’ve learned nothing, even while watching millions suffer from lockdowns and vaccination.
Worse, they may not want to learn. The Inquiry’s structure, its analytical frame, even its carefully curated narrative all point in the same direction: away from the possibility that Britain’s pandemic response was fundamentally misguided.
Bill Madden writes, "Refusing illegal orders in the military is difficult to do because they normally are generated high in the chain of command and very few officers in the chain really know what is or is not a legal order. Immediate superiors can be very demanding and the orders are usually given in high pressure environments. Refusing an illegal military order is tantamount to whistleblowing and, as much good as it does for the concept of truth, the whistleblower’s life is made miserable as a punishment for his honesty and a warning to others."
I watched this happen with Army Spec Michael New during the Clinton years. He disobeyed an illegal Clinton order, was arrested on base in Germany, was then given an unjust, unconstitutional trial, and then a Bad Conduct Discharge. But he stood his ground the whole time and has been proven right since.
