{"id":37100,"date":"2016-06-27T13:30:48","date_gmt":"2016-06-27T21:30:48","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=37100"},"modified":"2016-06-27T13:27:32","modified_gmt":"2016-06-27T21:27:32","slug":"mm-on-brexit-financial-chaos","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/mm-on-brexit-financial-chaos\/","title":{"rendered":"M&M on Brexit financial chaos"},"content":{"rendered":"

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\nTrading floor of the New York Stock Exchange
<\/em><\/p>\n

COGwriter<\/a><\/p>\n

Money & Markets’<\/em> Mike Larson reported this related to the financial markets and the Brexit vote:<\/p>\n

June 27, 2016<\/p><\/blockquote>\n

Friday and this morning, the wheels came off our stock market. The Dow Jones Industrial Average plunged 871 points in just two trading days, while the S&P 500 sank to a three-and-a-half-month low. The Nasdaq Composite tumbled more than 113 points after losing 202 points at the end of last week.But even that doesn\u2019t speak to the carnage in select sectors and assets. …<\/p>\n

What\u2019s behind this financial bloodbath? The Brexit vote is the immediate trigger, obviously. Wall Street went into Thursday\u2019s close ecstatic about the \u201cRemain\u201d vote they were confident was coming \u2026 only to get completely blindsided when \u201cLeave\u201d won. So investors were caught massively offsides, and have been scrambling ever sense to sell and\/or hedge in order to get in better position.<\/p>\n

It\u2019s much more than that, though. European politicians and global central bankers are running around trying to figure out what to do, holding panicked meetings, teleconferences, and conversations on both sides of the Atlantic and Pacific.But as I asked the other day, what more can they really do?<\/em><\/strong> They\u2019ve already<\/em> slashed interest rates more than 650 times. They\u2019ve already<\/em> bought more assets<\/a> than ever before, artificially inflating virtually every market on the planet in the process. And they\u2019ve already<\/em> pledged to do \u201cwhatever it takes\u201d more times than I can count.<\/p>\n

But none of their medicine actually worked for the real economy<\/a> \u2014 and in fact, it\u2019s now actually hurting more than helping. That\u2019s forcing more investors to finally accept what I have told you for many, many months: Central bankers have lost control<\/a> of the markets<\/a>!\u00a0http:\/\/www.moneyandmarkets.com\/wheels-come-off-european-banks-british-pound-bond-yields-crash-79557<\/a><\/p><\/blockquote>\n

Of course, often markets often rise as well. As I wrote late last year, it was likely we would have financial volatility in 2016 (see M&M: Expect financial volatility in 2016<\/a>). And now we see it.<\/p>\n

It is true, as Mike Larson wrote, that the usual government ‘solutions’ have been tried.<\/p>\n

It is also likely that the governments in Europe, as well as in the USA and UK, have provide ‘liquidity’ to the markets to try to stop them from experiencing a free fall.<\/p>\n

Many ordinary investors, as well as institutional ones, are getting hurt by this.<\/p>\n

The ‘liquidity’ provided is normally an increase supply of electronic, and sometimes printed, money. This tends to decrease price drops.<\/p>\n

Now as Mike Larson correctly pointed out, there is a major need to improve the REAL economy.\u00a0 But that is difficult and beyond what politicians can do much about, especially in the short run.<\/p>\n

Partially to ‘stimulate’ economies, as well as dealing with various crises, governments have devalued their currencies by making their coins \u2018dross\u2019 and this has led to various problems throughout history.<\/p>\n

This diluting of the value of coinage\/currency is condemned in the Bible.<\/p>\n

4 Take away the dross from silver (Proverbs 25:4a).<\/p><\/blockquote>\n

22 Your silver has become dross, Your wine mixed with water. (Isaiah 1:22)<\/p><\/blockquote>\n

25 I will turn My hand against you, And thoroughly purge away your dross, And take away all your alloy. (Isaiah 1:25)<\/p><\/blockquote>\n

18 \u201cSon of man, the house of Israel has become dross to Me; they are all bronze, tin, iron, and lead, in the midst of a furnace; they have become dross from silver. 19 Therefore thus says the Lord God: \u2018Because you have all become dross, therefore behold, I will gather you into the midst of Jerusalem. 20 As men gather silver, bronze, iron, lead, and tin into the midst of a furnace, to blow fire on it, to melt it; so I will gather you in My anger and in My fury, and I will leave you there and melt you. 21 Yes, I will gather you and blow on you with the fire of My wrath, and you shall be melted in its midst. 22 As silver is melted in the midst of a furnace, so shall you be melted in its midst; then you shall know that I, the Lord, have poured out My fury on you.\u2019\u201d (Ezekiel 22:18-22)<\/p><\/blockquote>\n

Although the Bible warns against using dross and diluting the money supply, modern \u2018experts\u2019 have a different view. The wrong views on economics will lead to economic problems and ultimately the total crash<\/em> of the dollar of the USA.<\/p>\n

As I have long written, economic problems in Europe will likely propel the rise of the Beast power<\/a> that the Bible warns about.<\/p>\n

In a sermon on July 7, 1984, the late Herbert W. Armstrong<\/a> stated:<\/p>\n

And I can see now, the event that is going to trigger the formation of the reunification in Europe<\/strong>; the resurrection of the medieval Holy Roman Empire that we\u2019ve been looking forward to that is prophesied to come\u2026<\/p>\n

But I believe that some event is going to happen suddenly just like out a blue sky that is going to shock the whole world and is going to cause the nations in Europe to realize they must unite! \u2026 Well now I think I can see what may be the very event that is going to trigger\u2026that is the economic situation in the world<\/strong>\u2026<\/p>\n

The whole banking structure in the United States is a network all jointed together. But not only that, one nation has to deal with other nations and imports and exports. And so they have to have a means of transforming money from one nation to another. And so the banking structure is international and interwoven\u2026<\/p>\n

Now when the financial structure breaks down, all civilization is going to break down\u2026<\/p><\/blockquote>\n

Although Herbert W. Armstrong<\/a> had issues with some of his prophetic and other writings, his observations about what may propel the rise of the Beast power in Europe seem to be consistent with what is happening now: the main reason that countries seem to wish to be part of the European Union is economic.\u00a0 There are also defense reasons, which for most have been secondary, but the defense portion will also be involved in the rise.\u00a0 It is also likely that Islamic issues will lead to the rise.<\/p>\n

As I wrote a few days ago, it was my view that, contrary to positions expressed by Franklin Graham, the Brexit vote would bring us closer to the time of the end (see Franklin Graham claims Brexit vote is a blow to \u2018one world government,\u2019 but . . .<\/a>).<\/p>\n

The time for the European<\/a> King of the North<\/a> to emerge is getting closer. The Brexit vote was one step in that direction (watch also Post Brexit Prophecy<\/a>).<\/p>\n

Some items of possibly related interest may include:<\/em><\/p>\n

Collapse of the Euro and Dollar? War in 2020?<\/a>. Larry Edelson of Money and Markets<\/em> described aspects of current economic difficulties and explained why he felt matters would get a lot worse. He said war, like World War III, could break out as early as 2020. What did he call the ‘granddaddy of all cycles”? Will matters go as he said? What does the Bible teach? Dr. Thiel provides biblical insights that secular sources often miss. This is a video.
\nProject Prophecy: Economic Collapse Starting in 2015?<\/a> Jim Rickards once worked for the CIA and also was once part of a a USA government program called called ‘Project Prophecy.’ He has a video were he claims that starting in 2015, the USA may have economic collapse resulting in a 25-Year Great Depression. He mainly cites debt figures and claims advises alternatives to the USA dollar which he says will collapse? What did Rand Paul state? Can the USA dollar collapse?
\nEuropa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?<\/a>
\nEuropean Technology and the Beast of Revelation<\/a> Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation<\/a>.
\nWhen Will the Great Tribulation Begin? 2016, 2017, or 2018?<\/a> Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: \u00bfPuede comenzar la Gran Tribulaci\u00f3n en 2016 o 2017? \u00bfEs el Tiempo de los Gentiles?<\/a> You can also see the English language sermon video: The Great Tribulation from the Mount of Olives<\/a>. A shorter video is: Can the Great Tribulation Start in 2016?<\/a>
\nMust the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?<\/a> Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation<\/a>.
\nWorld War III: Steps in Progress<\/a> Are there surprising actions going on now that are leading to WWIII? Might a nuclear attack be expected? What about WWIV? Does the Bible promise protection to all or only some Christians? How can you be part of those that will be protected? A related video would be Is World War III About to Begin? Can You Escape?<\/a>
\nDoes God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?<\/a> Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2021 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?<\/a>
\nThe Plain Truth About Gold in Prophecy. How Should a Christian View Gold?<\/a> What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation\/deflation? What do Christians need to know about gold?
\nAnglo \u2013 America in Prophecy & the Lost Tribes of Israel<\/a> Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-Am\u00e9rica & las Tribus Perdidas de Israel<\/a>. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter?<\/a> and British are the Covenant People<\/a>. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse<\/a>.
\nJust What Do You Mean — Repentance?<\/a> Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong<\/a> wrote this as a booklet on this important subject.
\nWhen You Sin: Do You Really Repent? <\/a>This is an article by Charles F. Hunting. A related sermon is Confess to God and truly repent<\/a>.
\nThe Gospel of the Kingdom of God<\/a> This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing.
\nThe Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church<\/a> Did you know that? Do you even know what the gospel of the kingdom is all about? True religion should be based upon the true gospel.
\nDid The Early Church Teach Millenarianism?<\/a> Was the millennium (sometimes called chiliasm) taught by early Christians? Who condemned it? Will Jesus literally reign for 1000 years on the earth? Is this time near? A related sermon is titled The Millennium.<\/a>
\nBarack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term<\/a> This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com<\/a>. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.<\/a>
\nBarack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.<\/a> This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon \u0019s Free<\/strong> Reader Apps<\/a>. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition<\/a>.
\nHillary Clinton, Prophecy, and the Destruction of the United States<\/a> This is a 200 page book for people truly interested in prophecies related to Hillary Clinton and the United States, including learning about many that have already been fulfilled and those that will be fulfilled in the future. It also discusses Republicans. The physical book can be purchased at Amazon from the following link: Hillary Clinton, Prophecy, and the Destruction of the United States, 2nd edition: Is Hillary Clinton Fulfilling Biblical, Islamic Catholic, Hopi, and other America-Related Prophecies? What About Donald Trump?<\/a> $11.99.
\nHillary Clinton, Prophecy, and the Destruction of the United States-Amazon 2nd Kindle edition<\/a> This electronic version of the 200 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon \u0019s Free<\/strong> Reader Apps<\/a>. After you go to for your free Kindle reader and then go to Hillary Clinton, Prophecy, and the Destruction of the United States-Amazon 2nd Kindle edition<\/a>.
\nBritish are the Covenant People <\/a> What do \u2018British\u2019 and \u2018Britain\u2019 mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism? This is a video.
\nPost Brexit Prophecy<\/a> On June 23, 2016, the voters of the United Kingdom of Great Britain and Northern Ireland (UK) chose to leave the European Union. Now with this BRitish EXIT (Brexit) vote, what is prophesied to happen to the UK? Will the UK do well or be taken over and made slaves? Dr. Thiel explains from biblical prophecies what is ahead for the UK, Europe, and even the USA, Canada, Australia, and New Zealand. This is a video.<\/p>\n","protected":false},"excerpt":{"rendered":"

Trading floor of the New York Stock Exchange COGwriter Money & Markets’ Mike Larson reported this related to the financial markets and the Brexit vote: June 27, 2016 Friday and this morning, the wheels came off our stock market. The Dow Jones Industrial Average plunged 871 points in just two trading days, while the S&P […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-37100","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t