Zero Hedge: Unlike prior years, there was a distinct sense of dread and powerless foreboding in this year’s Jackson Hole meeting, starting with Jerome Powell’s “boring” speech in which he blamed Trump’s trade war for the Fed’s inability to stimulate the economy, and culminating with Mark Carney unprecedented capitulation, effectively admitting that the fiat system has failed and the dollar can no longer be the world’s reserve currency (instead punting that obligation to ‘global central banker’ Mark Zuckerberg and his Libracoin).
James Bullard, president of the St Louis Federal Reserve, told the Financial Times:
“Something is going on, and that’s causing I think a total rethink of central banking and all our cherished notions about what we think we’re doing,” Bullard admitted. “We just have to stop thinking that next year things are going to be normal.” more …
Opinion: James Bullard is right. It is likely that central banks are becoming obsolete with a global digital global currency on the way, and nothing will be the same again.
We know from Bible prophecy that an economic reset is coming. The great Apostle John, writer of Revelation, lists economic collapse as the 3rd judgment that begins the tribulation period.
- White Horse – Rev. 6:1-2 – false messiah, global government (peace treaty)
- Red Horse – Rev. 6:3-4 – peace is taken from the earth (wars and rumors of war)
- Black Horse – Rev. 6:5-6: economic collapse (new economic order)
- Pale Horse – Rev. 6:7-8: death from disease ( wild animals)
Those markers are the signs of the final 7 years of this age. What we are seeing today is the road being paved for each one.
- The EU Commission has stated it needs “One man to steer the ship“
- Currency wars are breaking out that typically lead to shooting wars
- The EU economy, 2nd biggest in the world, is on the way to recession
- Ebola breakouts are being reported in Africa
There is one prophecy that must be fulfilled before any of the four.
Future Date Rapture:
Jesus Returns for His Church – The Church Age Ends
The Fullness of the Gentiles Has Come – Romans 11:25
Revelation 4:1 John is called up, modeling the rapture: “Come up hither …”
1 Corinthians 15:51-52 The final trumpet of the Church Age is sounded
Excerpt: Two Trains (home page)