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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)"
...to bomb Iran's energy network "back into the stone age," how will Iran respond?
Strategic jihad? Will they level central Washington with ten, explosive fifteen-passenger vans?
No, something far worse.
Iran announced today that it will strike the world’s most important energy facilities, located in Arab countries and Israel, all within range of Iran’s precision missiles, in response to any new US and Israeli strikes:
1. Ghawar Oil Field, Saudi Arabia, backbone of Saudi production, disruption puts 5%+ of world oil supply at risk
2. Abqaiq + Khurais, Saudi Arabia, 7M+ bpd throughput, world’s largest oil stabilization plant
3. Ruways Refinery + Zakum Oil Field, UAE, 2nd largest offshore oil field, 1M+ bpd
4. North Ghadir Gas Field + Ras Laffan LNG, Qatar, world’s largest gas field with 25% of proven reserves, 20% of global LNG trade
5. Burgan Oil Field, Kuwait, 67B barrel reserves, 2M bpd
6. Sitrah Refinery + Al-Mihaj, Bahrain
7. Leviathan + Tamar Gas Fields, Israel, ...
The Trump Administration has banned all new humanoid robots from China, which the FCC terms "unacceptable risks" to U.S. national security.
Many major robotic vacuum brands like Roborock and Ecovac are either based in China, or source parts from foreign countries — even iRobot's Roomba. Among other features, robot vacuums often have the ability to map your home, listen to conversations, and there have been security breaches that demonstrate the devices' vulnerabilities.
"Advanced robotic devices collect data that could be leveraged by malign actors to surveil Americans, enhance the capabilities of foreign intelligence services, or to remotely commandeer the robots," the FCC said. It cites several use cases for robots: guarding data centers and other "critical infrastructure" protection, manufacturing and "U.S. military dominance" that the FCC says illustrate the need to have a "secure domestic advanced robotics supply chain."
Earlier this year, the FCC banned imports of new ...
Splicing HIV into a coronavirus.
Blocking access to hcq and ivm.
Removing NAC from the shelves.
No early treatment.
Respirators that kill 90% of patients.
Seeding nursing homes with Covid+ patients.
[Ed.} Flooding nursing homes and hospitals with the euthanasia drug midazolam.
Blanket DNR orders for the disabled.
“15 days to flatten the curve” that slowed the rate of natural immunity.
Closing schools for two years.
Masks that reduce oxygen.
Shutting down gyms.
Keeping liquor stores open.
Closing hiking trails and parks thus preventing people from getting vitamin D.
Remdesivir and Paxlovid that are expensive, useless, and deadly.
The most toxic and deadly vaccines in history on a new platform that will never work.
Billions of dollars spent on propaganda to convince people to accept every step of this nefarious plan.
Firings, censorship, and blacklisting of critical thinkers.
Covid is a world war, launched by the ruling class, against humanity.
-- Dr. Toby Rogers
