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)"
Any investment in bioscience research comes with 100% risk because one never knows if a particular strategy will produce beneficial outcomes.
Publicly traded pharmaceutical companies have a fiduciary duty to their shareholders to maximize profits and the only sure way to generate profits is through regulatory capture.
So Big Pharma just lies about its products and buys off the regulators (and the politicians and the media) every time.
The biggest profits come from giving a drug to the entire population in the name of preventive care — vaccines and now statins.
By pathologizing natural human emotions, the makers of psychopharmaceuticals also seek to sell treatments to nearly the entire population.
Causing harm increases profits by 100x or more (a single injury can produce a lifetime of profitable treatments).
Said simply, causing harm and disease massively increases the size of the market for pharmaceutical products so that’s Big Pharma’s business model today.
Dr. Toby Rogers
The “Putin apologist” smear is as omnipresent today as the same kind of smear was in 2002 in the US, deployed against anyone who questioned the wisdom of the coming war on Iraq. It’s designed to shut down thought. As usual, Hungary is the one dissenter from the EU consensus.
Rod Dreher
The case for getting out of NATO encompasses four fundamental propositions:
First, the Federal budget has become a self-fueling fiscal doomsday machine, even as the Fed has run out of capacity to monetize the skyrocketing public debt.
Second, the only viable starting point for fiscal salvation is slashing the nation’s elephantine Warfare State by at least $500 billion per year.
Third, the route to that end is a return to the “no entangling alliance” wisdom of the Founders, which means bringing the Empire Home, closing the 750 US bases abroad, scuttling much of the US Navy and Army and withdrawing from NATO and similar lesser commitments elsewhere.
Fourthly, jettisoning NATO requires debunking its Origins Story and the false claim that it brought peace and security to post-war America when what it actually did was transform Washington into the War Capital of the World, dominated by a panoptic complex of arms merchants, neocon warmongers and a vast Warfare State nomenklatura.
...
