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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)"
The US has announced it is withdrawing from dozens of international bodies that no longer serve American interests, including major UN and non-UN forums focused on climate, migration, social policy, peace, and democracy.
President Donald Trump had signed a memorandum suspending support for a total of 66 organizations, agencies, and commissions “that operate contrary to US national interests, security, economic prosperity, or sovereignty,” the White House said on Thursday.
“These withdrawals end taxpayer support for entities that advance globalist agendas over US priorities or address key issues inefficiently,” the statement read, adding that many of them targeted “radical climate policies, global governance, and ideological programs conflicting with US sovereignty and economic strength.”
Affected organizations: UNFCCC, the UN’s main body for climate negotiations; UN Women, the body dealing with gender equality; and UNFPA, a major agency on population and demographics.
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Attention antifa and transtifa and insurrectionists who hate ICE:
Nearly every state has specific statutes that criminalize willfully interrupting or disturbing a religious assembly or worship service. These laws protect the right of people to gather and practice their religion without intentional interference.
Let the Minneapolis arrests begin.
As revealed in a 1955 research and development program memo from the CIA’s Technical Services Staff/Chemical Division, the MK Ultra objectives went far beyond interrogation tools. They envisioned a arsenal of covert chemicals designed to manipulate behavior on a massive scale, administered without detection to render people compliant, confused, or crippled.
Here’s the smoking gun: the memo’s explicit list of desired substances and methods, quoted verbatim from the declassified records:
Substances which will promote illogical thinking and impulsiveness to the point where the recipient would be discredited in public.
Substances which increase the efficiency of mentation and perception.
Materials which will prevent or counteract the intoxicating effect of alcohol.
Materials which will promote the intoxicating effect of alcohol.
Materials which will produce the signs and symptoms of recognized diseases in a reversible way so that they may be used for malingering, etc.
Materials which will render the ...
