CENTRAL BANKS IN LAST DITCH DESPERATE MOVE TO SAVE BANKERS AND SCREW YOU AGAIN

When you see such coordinated action by all the major Central Banks in the world, you know the situation is much worse than you are being told by the ruling oligarchy. The confidence and trust is gone. Every major bank in the world is insolvent, whether it be in the U.S., Europe or China. These Central Banks are owned and controlled by the very banks they are bailing out. They are telling you they have it under control. They do not. They have lost control. The debt is too great and will destroy the economic system of the world.

This is a last ditch effort by those in power to grab the last vestiges of middle class wealth. The stock market will soar today, benefitting bankers, politicians, and the 1%. They have solved nothing. The debt remains. The debt will not be paid.

Oil, food and commodity prices immediately soared on this announcement. Again, the wealthy will get richer and the average American will be destroyed by inflation on the things they need to live. The game goes on.

Gold jumped $20 in seconds. It is your only defense against the looting by the evil banking syndicate.

Here Comes The Global, US-Funded Liquidity Bail Out

Tyler Durden's picture

Submitted by Tyler Durden on 11/30/2011 08:02 -0500

As expected, the Fed has just bailed out the world once again:

  • FED, ECB, BOJ, BOE, SNB, BANK OF CANADA LOWER SWAP RATES – BBG
  • ECB, FED other major central bank to lower the pricing of existing USD liquidity swaps by 50BPS

And as we have been writing every single day, the worldwide dollar crunch is now confirmed:

  • At present, there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar

And finally, a promise to bailout Bank of America when it hits $4.00 again:

  • U.S. financial institutions currently do not face difficulty obtaining liquidity in short-term funding markets.  However, were conditions to deteriorate, the Federal Reserve has a range of tools available to provide an effective liquidity backstop for such institutions and is prepared to use these tools as needed to support financial stability and to promote the extension of credit to U.S. households and businesses.

This means that the global situation is far, far more dire than the talking heads have said. Luckily, when this step fails, which it will, Mars can always come and bail us out.

For release at 8:00 a.m. EDT

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing coordinated actions to enhance their capacity to provide liquidity support to the global financial system. The purpose of these actions is to ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity. 

These central banks have agreed to lower the pricing on the existing temporary U.S. dollar liquidity swap arrangements by 50 basis points so that the new rate will be the U.S. dollar overnight index swap (OIS) rate plus 50 basis points.  This pricing will be applied to all operations conducted from December 5, 2011.  The authorization of these swap arrangements has been extended to February 1, 2013.  In addition, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank will continue to offer three-month tenders until further notice.

As a contingency measure, these central banks have also agreed to establish temporary bilateral liquidity swap arrangements so that liquidity can be provided in each jurisdiction in any of their currencies should market conditions so warrant.  At present, there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar, but the central banks judge it prudent to make the necessary arrangements so that liquidity support operations could be put into place quickly should the need arise.  These swap lines are authorized through February 1, 2013. 

Federal Reserve Actions
The Federal Open Market Committee has authorized an extension of the existing temporary U.S. dollar liquidity swap arrangements with the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank through February 1, 2013.  The rate on these swap arrangements has been reduced from the U.S. dollar OIS rate plus 100 basis points to the OIS rate plus 50 basis points.  In addition, as a contingency measure, the Federal Open Market Committee has agreed to establish similar temporary swap arrangements with these five central banks to provide liquidity in any of their currencies if necessary.  Further details on the revised arrangements will be available shortly.

U.S. financial institutions currently do not face difficulty obtaining liquidity in short-term funding markets.  However, were conditions to deteriorate, the Federal Reserve has a range of tools available to provide an effective liquidity backstop for such institutions and is prepared to use these tools as needed to support financial stability and to promote the extension of credit to U.S. households and businesses.

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DaveP
DaveP

Does this mean the end of the world has been postponed and I can start using up my survival food?

newsjunkie
newsjunkie

Is it time close our retirement accounts and put it ALL in physical gold?

Colma Rising
Colma Rising

Good morning!

newsjunkie
newsjunkie

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newsjunkie
newsjunkie

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brann
brann

talk about throwing out the baby with the bath water!

Colma Rising
Colma Rising

Dow 36,000, here we come!!!

We’re saved!!!

Colma says: “One large coffee and that croissant, please”

Coffee wench answers: “That’ll be 43 dollars and 35 cents”

Colma answers: “I said a coffee and croissant, not a hand job”

“You want breakfast, or not, asshole?” (Register slams shut) “If you do, bend the fuck over, buddy.”

AWD

It’s deja vu all over again; 2008 2.0, only global now. As near as I can tell, providing “liquidity” is a loan, or other vehicle, which means more debt. It has to be considered debt, money created out of thin air. The Fed is trying to enslave the rest of the world with debt like they have enslaved everyone here in the U.S. As one of the posts mentions, it’s only providing time for the insiders and 1% to have a quiet run on banks, to get their money out before the banks are insolvent. It sounds like they are having bank runs already, but nobody is reporting it as such. Considering the debt amounts outstanding, and the CDS amounts that will be due, the Fed and other central bankers don’t have enough printing presses and ink to stick any more fingers in the dike. Hyperinflation here we come.

AWD

Colma answers: “I said a coffee and croissant, not a hand job”

Colma at the “coffee shop”

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Hope
Hope

Why would a POMO ever be “cancelled”? Has that ever happened before?

Either the bonds are expected to be bought as there is enough liquidity to do it. Or not, because there isn’t any liquidity, right?

Is this in any way tied to the failed German bond auction last week?

newsjunkie
newsjunkie

More news, Mary Malone may be interested.

Foreclosure fraud whistleblower found dead

A notary public who signed tens of thousands of false documents in a massive foreclosure scam before blowing the whistle on the scandal has been found dead in her Las Vegas home.

NBC station KSNV of Las Vegas reported that the woman, Tracy Lawrence, 43, was scheduled to be sentenced Monday morning after she pleaded guilty this month to notarizing the signature of an individual not in her presence. She failed to show up for her hearing, and police found her body at her home later in the day.

It could not immediately be determined whether Lawrence, who faced up to one year in jail and a fine of up to $2,000, died of susicide or of natural causes, KSNV reported. Detectives said they had ruled out homicide.

Lawrence came forward earlier this month and blew the whistle on the operation, in which title officers Gary Trafford, 49, of Irvine, Calif., and Geraldine Sheppard, 62, of Santa Ana, Calif. — who worked for a Florida processing company used by most major banks to process repossessions — allegedly forged signatures on tens of thousands of default notices from 2005 to 2008.

Trafford and Sheppard were charged two weeks ago with 606 counts of offering false instruments for recording, false certification on certain instruments and notarization of the signature of a person not in the presence of a notary public.

Police said at the time that the alleged scam had thrown into question the legality of most Las Vegas home foreclosures in the past few years, leaving many people living in foreclosed-upon homes that they unknowingly don’t actually own.

“I would suggest you review your documents and bring them to an expert and an attorney,” said John Kelleher, chief deputy attorney general for Nevada’s fraud unit

AWD

I’m no economic genius, but it’s pretty apparent what’s happening. The Fed here and other countries just threw out 5 ton bricks of money to the 1%ers, who, having seen hundreds of billions laying on the ground, are happy to pick it up to pay their debts and stash it away someplace. Once the feeding frenzy is done, and all the people that matter have money stashed, then everything blows up. This is a last-ditch effort by central banks. After this, they have nothing left. This is the last gasp, not something that is going to have any meaningful benefit. If it’s come to this already, this quickly, it won’t be long now.

Colma Rising
Colma Rising

Yeah, the “earthquake kit” looks a lot smaller today…

AWD

Good for RP, at least somebody is speaking out against this travesty.

My question is this, Admin or anybody:

When all the private banks fail, including the TBTF banks here in the U.S., who will take them over, the government or the Fed?

AWD

Thanks, okay, next question:

How can our government, which is already $15.1 trillion in debt, nationalize banks? Just take them over and wipe ’em clean? What happens to depositors? How much money will it cost taxpayers?

VinnieTheShark

My concern is what will then happen to all the little privately owned banks throughout the US?

You know, the ones that aren’t “Too Big To Fail” and that actually provide services to customers and make loans to the small businesses that keep their communities afloat. I fear these banks will get the shaft and the small businesspeople associated with them will go down in flames also.

I don’t know what the future holds, but it sure sounds like another winding of the 4th turning spring to me.

AWD

Thanks again. All’s well then. Except for one thing, the fucking banksters aren’t going to give up that easily. And the U.S. government is bankrupt already, a zombie, just like the banks. It can never pay back $15.1 trillion, even if the criminals in Washington had the desire, which they will never.

“When all is said and done, the debt will still be there. Larger than ever. Every major government is running a deficit. The US, for example, only collects a bit more than $2 trillion in taxes. But it spends about $3.5 trillion. You can do the math later, dear reader. We’ll tell you what it means now — the US is headed for bankruptcy. The paltry and pathetic efforts of the super-committee and Congress notwithstanding.

In Europe, the situation is more fun to watch. They speak in different tongues but they all say the same things:

“Give me a bailout.”

Read more: The Staying Power of Debt http://dailyreckoning.com/the-staying-power-of-debt/#ixzz1fDWVOora

PlatoPlubius

AWD said,

“And the U.S. government is bankrupt already, a zombie, just like the banks. It can never pay back $15.1 trillion, even if the criminals in Washington had the desire, which they will never.”

Liquidation….Fire Sale! Everything must go! To the highest bidders, who just so happen to likely be the same fuckers who created this clusterfuck global debt contagion….is this a way to wipe out national governments to institute a global governing system? Youbetcha!

Colma Rising
Colma Rising

Plato, Plato, Plato… that would be too EASY.

Firesale, sell it all and SERVICE THE INTEREST the second it gets ratcheted up by the same folk who caused it….

Get ready to watch shiips full of food, timbe, ore and workers leave port while the debt stays about the same and your stomach begins digesting itself.

Thinker

AWD, from what I can tell, the local banks will continue to operate just fine. I’m dealing with a few right now, as I finance the purchase of a little farm. I was shocked the first time one quoted a 7% interest rate, but it makes sense when you realize that these banks operate differently. They don’t package mortgage securities and debt to sell. Their shareholders are members of their local community; everybody who holds an account at the bank gets shares. They only loan money to people who have proven their ability to pay it back.

They’ll continue operating when the TBTF banks fall, because they have sound operating procedures. They’re sustainable. Too bad the people who were supposed to regulate the whole industry that way didn’t do their job.

Colma Rising
Colma Rising

But hey, those dam kids ought to get off the lawn and protest at DC instead…

VinnieTheShark

Thinker,

I agree with most of your thoughts, but the system is rigged. A local bank is only as “sound” as its regulators say it is in many cases. The TBTF banks get by with fraud and murder, and some of the little ones get the crap stomped out of them for missing a form on a Real Estate note.

There are two sets of rules to abide by. If the powers that be want the small banks shut down, they will be. There is no way with all the regulations and ridiculous rules in place that a bank can comply with all of them 100% of the time. If examiners want to find something wrong, they will. I know of several cases where they have not bothered some banks on certain issues for over 20 years, but now they are looking for those issues and hammering them on it. The banks ask why the examiners never said anything about it for all these years and the response was that the bank should have been paying closer attention. The examiners are never wrong. They never outright approve anything; they just don’t disapprove of certain things. I’m not kidding. That’s how the letters are worded.

If they want them gone, they will be. That is a fact. All it takes is for several bank runs to be engineered and then people telling the TV news reporters over and over how they couldn’t get their money out and when the next one is rumored to be insolvent, watch out! If there isn’t enough money left or they can’t get enough money in to service their customers, it’s over. Their reputation is ruined.

FRED FLINTSTONE
FRED FLINTSTONE

We should have ducked.

Mary Malone

Just had to weigh in a strand that features comments from Vinnie the Shark.

I’m such a Jersey girl, ya know?

Quick question – when European banks collapse, will money flow to US treasuries for awhile? Will this prop up our anemic and corrupt economy temporarily? Or, will US be screwed shortly after the European banks and their monetary system go kaput?

Also – has anyone considered that US interest rate is tied to compliance with Sharia law? Just say’in…

Lastly, NewsJunckie – I read about the robo-signer’s untimely death. Hoping it was natural causes, but looks fishy, no?

Now back to the regular programming…

Mary Malone

Thanks for the insight, MA.

Scary times.

howard in nyc

mary, that is hilarious, the sharia law bit.

admin, i ain’t screaming deflation (bitches) today. called my gold dealer. took some cash out of the bank. don’t know how much to stash in the mattress (getting kind of lumpy) and how much to convert to shiny coins. but i’ll be damned if i am convinced ben is really gonna print to buy euro bonds and italian debt (for more than overnight).

truly insane times.

Thinker

Muck, everything I’m tracking agrees with you. This is literally the last-gasp of the global financial industry before everything heads south. I’m hoping to close my land deal before that happens.

Vinnie, good points. Yes, they can force the smaller, sound banks to close, too. And they can take away land, guns and gold from those of us who have it. It would be like the Bolsheviks all over again.

God help us all if it goes that far.

Colma Rising
Colma Rising

If anybody finds Big Banks distasteful and would like to assist Admin’s efforts, go to “The Store Of Doom” where you will find wonderful shirts with the abbreviation:

BBES

“Big Banks Eat Shit”

Normally I’d hate to be an ad shill, however, I have found this addition to the TBP clothing line to be both stylish and amusing…. and not in overt profanity. Show your thoughts to those who would ask.

Thank you for your time.

Opinionated Bloviator
Opinionated Bloviator

Muck About – “Which I did not expect to happen for years yet.”

I predicted 2-3 months AFTER the 2012 Presidential elections as the end of the line. It looks like the can has slammed up against the wall early… f**k, I really was hoping for more time…

Europe and ALL it’s banks are INSOLVENT. So are the US banks, CDS are worthless if your counterparties cannot pay you. (Betting on the sun going supernova trade).

As insane as it sounds, the entire world is broke.

Dave of “Trade with Dave” fame has just called the “reset switch” for Dec 21 – 3 Jan 2012. If he’s correct we are ~ 3 weeks left before the US dollar and the US debt gets nuked out of existence and “Fedbux?” become the new legal tender.

The “reset” switch may also call for JPMorgan and HBSC to nuke the GLD and maybe SLV instruments out of existence, in a “divorced currency” gold ownership by the “people” will be outlawed.

It would be easy to do – Announce on the lame stream media that there is NO physical to back these EFT’s and watch the knife plunge to 0. With HFT driving the waterfall it would take under a minute.

The million dollar question now becomes – What will be the value of physical gold AFTER the “reset switch” has been played out?

As a fellow gold stacker I am frantically looking for answers on that one. If anyone has insights they wish to share feel free.

“I used to know nothing, now I’m not so sure”

Colma Rising
Colma Rising

Is this the Anglo/Western way of kicking China as it pauses for a breath?

Reverse Engineer

Been a long time since I Logged In, but since the IP addys are working again and we seem to be at the Endgame here for the Fiat, I figured I’d drop on a REAL “RE” Post, instead of the one liners I have dropped on here lately. Nostalgia for the Old Days, I guess. LOL. Have fun with this one, my old Napalm Pitching adversaries 🙂

RE
———-
This Time IS Different
November 30th, 2011

Repost from Reverse Engineering
http://tech.groups.yahoo.com/group/reverseengineering/

Today was a watershed in the collapse dynamic. The Central Banks, in UNISON have openned up the Currency Swap Spigot to Full ON in order to maintain liquidity in the system. This is not a lot different than what they did in 2008, with the notable exception that at the time the insolvency in the system had not yet worked its way up to the Nation States, which themselves back the issue of any currency through the power of taxation.

You will notice here that besides Da Fed, the ECB, the BoJ et all agreeing to swap unlimited currency which can then be distributed to their own troubled Banks, the Chinese REDUCED the Reserve Requirement for their own banks, freeing up an enormous amount of Forex to be moved around the market here. No coincidence there of course.

Have you ever driven a really OLD car which all of a sudden starts making really BAD noises, but you are miles from the next Gas Station and you KNOW if you let it stop, you’ll never get it going again? So you don’t stop, you put the Pedal to the Metal and drive it as fast as you can to cover as many miles as you can before the engine seizes on you.

This move is a desperation attempt at maintaining liquidity in the system long enough to get enough political agreement in Eurotrashland to set up a common Treasury and cotrol both the new Treasury and the ECB through the Euro Parliament in Brussels. It had to be done to try to make it through to the Dec 9th Summit. The Engine was ont he verge of Seizing Up over the weekend, and essentially the CBs are now pouring Oil through the engine while they are driving it, while with each turn of the crankshaft it leaks out as fast as they pour it in.

Bennie and the Inkjets went ALL IN. This is the Biggest Possible Intervention that the CBs can do. They signaled to the Markets and the “Investors” that they will provide all the liquidity they need to keep the car rolling here, and as a result you got the expected reaction of a rapid upsurge in the markets. There is one small problem with this.

If this was JUST a liquidity problem for a few banks, inundating them with cheap credit could keep them going until they sorted out their problems and deleveraged some. Its not a liquidity problem though, its a SOLVENCY problem, and its not a solvency problem for just a few of the banks but ALL of them, and not just them but the Nation States backing the currency being used to define the values.

The market will now “rebalance” with the “new normal” of increased CB swaps and cheap money, with the TBTF using worthless assets as Collateral for the deluge of money being made available here. The assets themselves are STILL not performing though, and everyone who trades them knows this, so they are illiquid. Nobody will trade them because then they would be marked to market. So despite the ocean of money being made available, it won’t MOVE very much, if at all.

The new money won’t be invested into new Eurotrash Bonds to keep those economies moving unless and until it can be made believable to “investors” that these Nation States will be able to pay off on the new Bonds. This cannot be made believable, because said Nation States are themselves insolvent, not illiquid.

The TBTF Banks are stuck with an increasing amount of Cash, with increasingly fewer performing assets to actually trade for that cash. In this case the market doesn’t lock up because of insufficient cash, it locks up because of insufficient worthwhile assets anybody will bid on for that cash.

In order to generate returns on the new cash, it will flow into the few commodities people think will hold value, namely likely Oil, Food and Gold. This will generate new Bubbles in those asset classes, which will subsequently CRASH big time when they can’t be sold for anywhere near what the bubble price becomes.

If they keep this up for any great length of time, Oil prices are likely to skyrocket to $200/bbl, perhaps higher, but its also unlikely they can keep it up that long before the solvency problem hits one or more Nation States and one or more TBTF Banks.

When, not IF one of them collapses here you’ll still get the same cascade failure through the system, just it will be bigger and more glorious in its numbers. Its just not possible to stop the collapse of an exponential function inside real world parameters.

This play by the CBs may extend out the crash date by a few months, but based on what occurred with Lehman, I don’t think it can work more than about 3 months. Its also the last biggest BAZOOKA the CBs have to play here. They are all working in concert, and there is no Bigger Deep Pocket left anywhere to stick a gun to their head and say you will crash the system if they don’t Pony Up. The Ferengi are NOT going to show up here, and even if they did I scarcely think they would be worried about the Pop Gun the Illuminati have at their disposal.

Its the End of the Line for this Monetary System, no matter how you cut it here. You can’t fix a solvency problem by increasing liquidity. The Debt remains, and it is still IRREDEEMABLE Debt. Not to say our Illuminati Masters will not TRY to reboot a new system once this one collapses, they most certainly will try that. They also will most certainly FAIL, because they are not fighting against J6P here, they are fighting against the Laws Of Mathematics. You cannot build a debt based monetary system in a world awash in population overshoot and in serious resource depletion at the same time. Debt based systems of Money are all these folks KNOW, its what they have been using since the Dawn of Agriculture. They do not HAVE another Playbook, for if they did they most certainly would be running it now. They are running the SAME Playbook, but this time with parameters not seen EVER, in all of Recorded History. In this sense, this time IS different.

I have no idea how it will play itself out after the Monetary System in existence since the time of the Medici finally makes its way to the Great Beyond, other than to say it will be a Clusterfuck beyond all comprehension at the moment. The CBs are doing all they can to push the Day of Reckoning off here for a bit longer, but they just SHOT THE BIG WAD, and there is nothing left to play after this one.

The Titanic is GOING DOWN.

RE

Anonymous
Anonymous

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I have no idea how it will play itself out after the Monetary System in existence since the time of the Medici finally makes its way to the Great Beyond, other than to say it will be a Clusterfuck beyond all comprehension at the moment. The CBs are doing all they can to push the Day of Reckoning off here for a bit longer, but they just SHOT THE BIG WAD, and there is nothing left to play after this one.

The Titanic is GOING DOWN.

RE

Colma Rising
Colma Rising

Nobody knows how that turns out, RE, but the historians who are mostly correct.

Reverse Engineer

@Colma

Historians are the winners, and we got no real clue as to who the winners will be here. All you can do really is make a choice as to which side of the line you will stand on, or do your very best to GTFO of Dodge and avoid being at Ground Zero when it all goes to Hell in a Handbasket.

RE

Colma Rising
Colma Rising

Iodized salt and drinking water, RE….

Iodized salt and drinking water.

flash
flash

@thinker and Vinnie,
I have to disagree with you both.Local banksters are in just as deep in ripping off the taxpayers as the big crime bosses.FDIC-you and I- has bailed out hundreds of these worthless money grubbing fucks who lost it all gambling in the land development\construction business.
And these so called pillars of the community banksters own local governments and use their influence to push one unnecessary greater good flop of a project after another. I could name several locally that have not produced any returns as promised by the bondholders i.e banksters, but that would be outing my location and neighbors do read this blog.
Banksters great and small should be banned from any participation in politics whatsoever.They shoudl serve on no local economic, zoning or planning committees, no school boards, no utility authorities and hell no to any city or county office.They will and do use these position to line their damn pockets while the taxpayer gets the shaft..
I know bankers that have crashed two local banks due to development speculation and they are still living pretty high on the hog …even buying boats and stretched Mercedes Benz cars while the taxpayers get the rusty shaft in the ass.

And, fact of the matter is that the small banks were/are selling local mortgages into MERS as well.
Just by financing locally , does not mean that bank will not sell your mortgage, as one naive family member found out , just one week after closing with a local bank.

http://money.cnn.com/news/specials/storysupplement/bankbailout/

http://www.calculatedriskblog.com/2011/11/unofficial-problem-bank-list-increases.html

flash
flash

Bankers are greedy ,stupid, non productive class of lazy dumb asses who should never be trusted with a nickel of anyones’ money.They are the very reason the COLOSSUS is now crumbling.The entire banking system needs to be reworked and banksters should be made to feel the heat whenever they stray from the straight and narrow.

The FDIC: Bailing Out Banks with Your Tax Dollars Since 1933


“When 5,000 banks failed during the early years of the Great Depression, the temptation of the government to “do something” was too great to resist, and the FDIC was born. Allegedly installed to protect the customer, in fact the FDIC protects the bank itself against its own bad judgments through the use of taxpayer money. As Rothbard noted, “Now bank runs are over, and we have been paying and will continue to pay the horrendous price of saving the banks: chronic and unlimited inflation” as the Federal Reserve and the FDIC continue to bail out banks from their own bad judgments.

With the apparent slowing down of the rate of failure of banks (84 so far this year compared to 154 for all of last year), a fair question may be asked: How many more banks will the FDIC close before this unhappy chapter is written? Because the FDIC doesn’t publish a “troubled banks” watch list, private sources, such as Weiss Ratings, have developed such a list covering the 7,500 remaining banks in the country. To each of the four banks closed over the weekend Weiss had assigned a rating of E- (Very Weak). In fact more than 95 percent of the banks the FDIC has closed so far this year held either an E or an E- rating.

At the present time, Weiss rates another 420 banks and thrifts as “Very Weak” with a rating of E+, E, or E-. If predictions that another recession has just started are correct, then many of those 420 banks will likely find themselves belonging to another stronger bank in the next year or so, courtesy of the enabler, the FDIC and, of course, the American taxpayer.”

Nonanonymous
Nonanonymous

There is the possibility of world war, even nuclear. This serves two purposes, depopulation and return to status quo. After all, that’s what we’re talking about with all the debt, it’s debt owed by socialist nations, including the US.

The Devil and his minion would clearly see this as the most opportune action, get rid of as many souls as possible, and reset the system.

With a lot fewer people in the world, things would pretty much return to where they were, and governments would resume their role of nanny states, with the Devil continuing his role of killing God’s Word in people’s lives.

The Devil’s time is short, we are told in Revelation 12:12, where it also states there is a battle raging in heaven between the Michael and his Angels and the dragon and his angels. This would be right before the appearance of the anti christ, and the beginning of the tribulation and events leading up to Armegeddon and Judgement Day. Revelation talks of Satan being cast in a pit for a thousand years before Armegeddon, so it’s hard to tell where we are in the order of events.

In this context, the saints are admonished more than once,

Here is a call for the endurance of the saints, those who keep the commandments of God and their faith in Jesus.

Nothing to do for the moment except remain vigilante, assuming of course you’ve got basic prepping done. If not, I highly encourage you to store several weeks or months worth of food you use every day. There’s powdered or dehydrated versions of perishable goods. You also need guns and ammunition, water filtration, sanitation, all of the things yo take for granted. If there’s no food to had anyone, it’s going to get ugly real fast. Katrina in 2005 and LA in 1992 are your best examples of what to expect.

One may say these are extreme measures, or even paranoid, but these are extreme times. It’s not paranoia if there really is an enemy who is trying to kill you. The conspiracy exists, and the chief conspirator is Satan and the Devil.

flash
flash

I have no idea how it will play itself out after the Monetary System in existence since the time of the Medici finally makes its way to the Great Beyond, other than to say it will be a Clusterfuck beyond all comprehension at the moment. The CBs are doing all they can to push the Day of Reckoning off here for a bit longer, but they just SHOT THE BIG WAD, and there is nothing left to play after this one.

The Titanic is GOING DOWN.

RE

Thanks RE, that was refreshing….but you left out one thing.

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Reverse Engineer

@Flash

The “TOAST”pic was reserved for threads about China. This is more Global.

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RE

Opinionated Bloviator
Opinionated Bloviator

RE Welcome back.

workingman
workingman

Advent Calendar for the Euro

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