Week in Review: Oct. 3-8, Top 7 Posts
Prophecy Tracker week in review
Author: Author1
One of the Biggest Money Printers, the BoJ, Stopped Printing Money
Assessment: When the Federal Reserve announced increases in October 2018 the stock market dropped 10% by Christmas ending the longest bull run in history. The Fed capitulated in January 2019.
All eyes are on the Fed.
The Bank of Japan is one of the top three QE monsters in terms of the absolute amount of assets it purchased. The Fed and the ECB round out the trio. The BoJ started QE over 20 years ago, and went hog wild under Abenomics, which became the economic religion of Japan in 2013. But the era of Prime Minister Shinzo Abe ended in September 2020, and Abenomics is now finished. What’s left of it is that the BoJ now holds about half of the huge pile of the central government’s debt.
But QE has ended. The BoJ’s overall assets stopped growing, and its holdings of government bonds have started to decline.
As of the BoJ’s balance sheet dated September 30, released on Thursday, total assets declined to a still monstrous ¥724 trillion ($6.4 trillion), below where it had been in May 2021:
Two killed in Israel strike on Syria base, monitor says
Assessment: Damascus claims air defenses intercepted a majority of missiles targeting the T-4 airbase where Itan-backed militias have weapons warehouses and a drone depot
An Israeli missile strike on an airbase in central Syria has killed two Damascus-allied foreign fighters and wounded several Syrian service personnel, a Britain-based war monitor said on Saturday.
“At the time of the end the king of the South shall attack him; and the king of the North shall come against him like a whirlwind …” Daniel 11:40
(The T4 Syrian airbase near Homs)
The Syrian Observatory for Human Rights said the two foreigners were killed in the raid on the T4 airbase late Friday, but their nationality was not immediately clear.
The official Syrian news agency SANA earlier said that, “at around 9:00pm, the Israeli enemy… fired a volley of missiles towards the T4 military airport”.
“The aggression wounded six soldiers and led to some material damage,” it added.
The Observatory said the attack targeted a drone depot at the base.
SANA said the Syrian air defenses hit most of the incoming missiles.
Over the past years, Israel is believed to have been behind many strikes inside government-controlled parts of Syria.
Israel has acknowledged it is going after bases of Iran-allied militias, such as the powerful Lebanese militant Hezbollah group fighting on the side of Syrian President Bashar Assad’s forces in the civil war, and suspected arms shipments believed to be bound for the Iran-backed Hezbollah. Read More @ YNet HERE
“Proceed With Caution At Your Own Peril” – Merck’s COVID ‘Super Drug’ Poses Serious Health Risks
Assessment: Some scientists who have studied the drug warn, however, that the method it uses to kill the virus that causes Covid-19 carries potential dangers that could limit the drug’s usefulness.
COVID drug molnupiravir is extremely safe weren’t faithfully adhering to “the science” after all. Because according to a report published Thursday by Barron’s, some scientists are worried that the drug – which purportedly cut hospitalizations in half during a study that was cut short – could cause cancer or birth defects.
“There is a way that seems right to a man,
But its end is the way of death.” Proverbs 14:12
So much for having a “strong safety profile,” as Dr. Scott Gottlieb claimed in an interview on the day Merck first publicized the research.
It’s perfectly understandable why Merck might choose to play down this safety risk: assuming it’s approved, the drug is widely expected to be one of “the most lucrative drugs ever” – which is one reason why Merck’s shares soared into double-digit territory after the announcement.
As we reported earlier this week, Merck and its “partner” Ridgeback Biotherapeutics will profit immensely by charging customers up to 40x what it costs to make the drug, which Ridgeback originally licensed from Emory University for an “undisclosed sum”. The drug was developed with funding from the federal government.
According to Barron’s, some scientists who have studied the drug believe that its method of suppressing the virus could potentially run amok within the body. Read More
ISIS claims Afghanistan suicide attack
Assessment: Islamic State has been quiet since the mother of all bombs was dropped on an ISIS-Khorasan cave complex in Achin District, Nangarhar Province, Afghanistan on on April13, 2017…
The Islamic State (ISIS) terrorist organization on Friday claimed responsibility for a suicide attack on a mosque in Afghanistan’s northeastern Kunduz province, Reuters reported, citing a statement from the group’s Telegram channels.
The attack killed 46 people and wounded more than 140 inside the mosque which is used by people from the minority Shiite Muslim community.
Dost Mohammad Obaida, deputy police chief for Kunduz province, told The Associated Press that the “majority of them have been killed,” in reference to the victims. Read More @ Arutz Sheva HERE
Israel may accept Iran as nuclear-threshold power on condition of US-Russian guarantees
This one takes the cake ...
Payrolls Huge Miss: Just 194K Jobs Added In September, Worst Month Of 2021
Assessment: “If you pay people not to work you will get less people working” Steve Moore …
Well, coming into today’s payrolls report we said that the number would be a beat and the only question was how big, as a result of millions of Americans seeing their emergency benefits expiring.
“Go to the ant, you sluggard!
Consider her ways and be wise” Proverbs 6:6
Boy were we wrong: moments ago the BLS reported that with expectations of a 500K print and whisper numbers sharply higher, in September the US added just 194K jobs, the lowest print of 2021, and crushing the Fed’s entire tapering schedule as this number was so bad as to pass as a “major shock” from the Fed’s perspective.
White House Downplays Rising Energy Prices, Says ‘Climate Crisis’ Is More Important
Assessment: Beginning Oct. 31- Nov. 12 government elites will take private gas guzzling jets to Glasgow to extort billions from the US while ignoring China, the #1 polluter on the planet. Pontifex Maximus Bergoglio will be attend COP 26 for religious support (Rev. 13:11).
The White House downplayed surging energy prices in the U.S. and worldwide on Wednesday, arguing that the climate crisis was more important.
“As snow in summer and rain in harvest,
So honor is not fitting for a fool.” Proverbs 26:1
“Certainly, we all want to keep gasoline prices low, but the threat of the crisis — the climate crisis — certainly can’t wait any longer,” White House Press Secretary Jen Psaki told reporters Wednesday.
.@PressSec: “Certainly we all want to keep gasoline prices low, but the threat of the climate crisis certainly can’t wait any longer.” pic.twitter.com/BebK6KfDQ4
— X Strategies LLC (@XStrategiesLLC) October 6, 2021
She added that President Joe Biden believes climate change presents “one of the greatest national security crises” facing the U.S., suggesting that higher prices were a necessary consequence of the fight against global warming
Read More @ Daily Caller HERE
American Students from California Still Trapped Behind Enemy Lines in Afghanistan
Assessment: If we forget the unknowable number of Americans left behind in Afghanistan, we are no better than the architects of this catastrophe.
Almost two months after the Taliban seized control of the nation of Afghanistan, dozens of American students and their relatives remain stuck in the nation that is now controlled by enemy forces, and with no more American military forces remaining, according to the Los Angeles Times.
The majority of the students are from the Sacramento area of California. The Times’ Justin Ray says that his investigations have led him to believe that there are still “dozens” of families still trapped in Afghanistan, with 38 students among them. The students are all from the San Juan Unified School District.
“When the righteous increase, the people rejoice,
But when a wicked man rules, people groan” Proverbs 29:2
Although a handful of Americans managed to escape the country in recent weeks – three families and approximately seven students, according to Ray – the overwhelming majority have been unable to successfully leave the country since the Taliban took over the Hamid Karzai International Airport in the capital city of Kabul.
School district officials have said that they are continuing to work closely with the federal government to try to secure the return of all remaining American citizens. San Juan’s Director of Communications Raj Rai said that they “continue to remain hopeful of their safe return soon.”
In San Diego, the students who are still in Afghanistan are from the Cajon Valley Union School District. The school district is represented in the House of Representatives by Congressman Darrell Issa (R-Calif.), who has been extremely outspoken in his criticism of the Biden Administration’s handling of the ordeal. Read More @ American Greatness HERE
Iran Supreme Leader’s rep calls for destruction of Israel
“The global arrogance led by America with complicity of Israel seeks to delay the destruction of the Zionist regime ..."
BIDEN TO ISRAEL: DIPLOMACY WITH IRAN PREFERABLE
Assessment: According to a senior U.S. administration official in a background briefing with reporters on Monday, the group has also been discussing the new threat from Iranian unmanned areal vehicles (UAVs).
U.S. National Security Advisor Jake Sullivan hosted his Israeli counterpart, Israeli National Security Adviser Eyal Hulata, at the White House on Tuesday morning.
It was the first in-person meeting of the U.S.-Israeli Strategic Consultative Group (SCG), a forum for dialogue between the two advisors and interagency delegations representing defense, military, intelligence and diplomatic officials from both countries.
I will curse those who curse you Genesis 12:3 (The Israel BibleTM)
According to a readout of the meeting, the two sides exchanged views about the various challenges impacting Israel’s security and stability.
Sullivan made it clear that U.S. President Joe Biden is committed to ensuring Israel’s security, promising that the United States will never allow Iran to obtain a nuclear weapon.
According to the readout, Sullivan confirmed that the administration still believes diplomacy is the best way to achieving that goal, though is ready to turn to other options if diplomacy fails.