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)"
Are we seeing all of them? No. And we may never see the worst of them.
Are we seeing anything that shows us the workings of a corrupt oligarchy?
Yes. Thousands of pages worth. Corrupt agencies, corrupt individuals and corrupt government cartels.
That is the mystery. Why are such incriminating documents being revealed to the lowly and despised voter class? Partly because Rep. Massie forced the issue with a law passed by Congress. Partly because Pam Bondi may be in fear of going to prison if she doesn't comply. And partly because the sins of elite criminals have found them out. They were sure they had impunity, and this pride has set them up for a fall. They were not above the law, after all.
Psalm 73:18-19
Surely You set them in slippery places; You cast them down to destruction.
How they are destroyed in a moment! They are utterly swept away by sudden terrors!
"Can you see those dark clouds gathering up ahead?
They’re gonna wash this planet clean like the Bible said
Now you can hold on steady, try to be ready
But everybody’s gonna get wet
Don’t think it won’t happen just because it hasn’t happened yet."
Jackson Browne, The Road and the Sky, 1974
More details to come, but apparently Jeffrey and Bill knew about the Covid bioweapon before any other investors, thanks to leaked information from the WHO, recipient of millions from Bill Gates.
There are official documents from BioNTech, developer of the m RNA vaccine [note the dates]:
"On August 30, 2019, BioNTech entered into agreements with the Bill & Melinda Gates Foundation (BMGF). BMGF agreed to purchase 3,038,674 ordinary shares with nominal amount of k€ 3,039 of BioNTech for a total of k€49,864 (k$55,000). These agreements require BioNTech to perform certain research and development activities..."
But none of those agreements specified vaccine testing, or precautions to prevent lab leaks, or lab safety precautions if there were vaccine injuries or deaths, or if the vaccine accelerated a coronavirus pandemic.
Less than two years after the Gates Foundation purchased the stock (pre-IPO) at $18 per share, it peaked on Aug. 6, 2021 at $389. At that price, the Foundation’s ...
