Obadiah 1:15
For the day of the LORD is near upon all the heathen: as thou hast done, it shall be done unto thee: thy reward shall return upon thine own head.
Commentary
The judgment continues unabated on both the United States and world economies. As the American government continues to fund a Palestinian state, which means dividing Israel, the US economy and especially the housing market continues to melt down. There is no stopping this downturn and the economy is plunging towards a depression. The headlines speak for themselves. Since the fall of 2008, how many times have I posted correlations just like this?
My book ties these correlations all together.
Housing Prices Will Plunge 20 Percent More 04/27/12 As Obama touches the land of Israel, the American housing markets continues to melt down. At some point, this has to break the economy.
“Housing prices will drop by a further 20 percent as the downturn gripping the United States deepens, leading economist Gary Shilling says. “Homeowners are losing their abodes to foreclosures; many can’t meet stringent mortgage lending standards; some worry about homeownership responsibilities in the face of job uncertainty; and many people have no desire to buy an asset that continues to fall in price