Re:  THE GLOBAL BUBBLE ECONOMY

Hello Doves !   A Dove had written to me asking whether we could expect a depression as per a Dove post on the 23rd, a very good article about how the economy is ready to spill over into depression and trade wars.   Here is our exchange:  (he wanted me to send my e-mail to the rest of the doves, and his response:)  (below)

from Arlene
Hello David,,,,,yes that is a very good article, and clearly covers the state of our economy.   The U.S. has built a monumental house of cards by "creating" new worthless dollars out of thin air,,,then getting the gullible U.S. consumer to go into debt for the rest of their lives and their children's lives, to "spend" these newly created dollars.   Meanwhile to purchase cheap goods from other countries, such as China, we merely issue "promises to pay" in the form of long-term bonds...they take the bonds in lieu of real money, or else they wouldn't be able to sell us anything.  This money from the sale of their goods, enters their economies, and creates "bubble" economies there.   Remember Indonesian meltdown several years ago.....
     This can only lead to more and more printing of more and more money, and eventually a terminal stage of hyperinflation,,,for if they stop creating every more new dollars, the whole mess comes crashing down, leading to a depression.   The Smoot Hawley act of l930 (the protectionist act), did lead to deflation around the world, but they have tried to prevent it this time around and keep the global bubbles going by what they call "free trade". Protectionism seals the doom of bubbles.   That is why American workers, who are losing jobs to cheap foreign labor, are not considered important - the important thing is to keep the bubbles going.
     Jesus said that in the days of Noah, the buying and selling, etc., continued until "the day that Noah entered the ark".........I have alwarys read this, and thought to myself,,,"well, then, this global bubble economy, should continue right up until the day that Jesus comes back".   For when you look at this global economy, none of which is backed by any real money, you see that never before in man's history, have they run an inflation to this extent without destroying the entire economy,,,,this was always local to a particuilar country, but now is GLOBAL,,,,,and when it goes it will be like the greatest "earthquake" that has ever hit the planet - unfathomable destruction of the global economies...all because we have printed these trillions of "dollars".    So, I say, if it does all erupt, and we go into "depression", which means delfation,,,,,,then we shall have to wait for another peak to arrive of "buying and selling, eating and drinking",,,etc., of the days of Noah,,and that would take many, many years, probably 15 + years,,,and that would certainly shatter my hopes of His soon coming at a time when they say "peace and safety",,,that word peace, meaning "complacency", which would certainly not be the case either during a global contractionary, deflationary, depression.   Amen?
     Go to:
     http://www.safehaven.com/index.htm
         for some good articles

and at:      http://www.fiendbear.com/

scroll down to see some articles about the bubble economy, real estate, etc.....

     My viewing of the markets and my opinion, is that they are manipulating intererst rates to keep them low, they are manipulating the price of gold, to keep it low and to keep it from "exposing" the money-printing party, and that they are manipulating the U.S. consumers' minds via advertising, and all the come-ons about buying homes, cars...etc.   It is so totally evil, altogether so totally evil....
    But God is watching this per James chapter 5,,,and they will be severely judged for their stewardship of the working man's money.
     Meantime, as they continue to try to evade the inevitable deflation/depression, it will be very interesting times indeed.  I am hoping we do not fall into these serious financial times of depression / deflation,,,for then the "days of Noah" would have come and gone,,,,and then what?
     Your sister in Christ......................Arlene
                keep up with your observations and let me know what you think....

from David:
You said, "Jesus said that in the days of Noah, the buying and selling,
etc., continued until "the day that Noah entered the ark".........I have
alwarys read this, and thought to myself,,,"well, then, this global bubble
economy, should continue right up until the day that Jesus comes back".

Yes! The Lord gave me insight into "building" some time ago. I posted it on
the Doves, maybe a year or so ago. In the 80's we had a recession and
interest rates went up (18-20%) and building stopped and builders went
bankrupt. Many of us were looking for Jesus to come then BUT His Word says
they would be building. Only in this kind of economy that forces low
interest rates could they still be building. The size of the bubble is one
sign to tell us how near Jesus is to the door.

Hope you post what you sent me on the Doves. It is great encouragement and
exhortation to stay in the Word and look for His soon appearing.

Your brother,
David