I have been warning that we are facing an economic meltdown, much worse than what we experienced in 2008, for some time.  Some would think that I am bluffing and spitting out empty air because things look rosy.  Your acquaintances are still going to cottages and cruises.  People are still hanging out in night clubs and coffee shops.  Lights are still on.

However, you have to understand that it takes a while for the economy to explode and  it never drops like a straight line, but in an downward exponential format.  I believe we are at the very late stage of a massive economic implosion approaching fall 2016 and early 2017.

Here are my gatherings of most recent warning signs:

1. Lord Rothschild: “This Is The Greatest Experiment In Monetary Policy In The History Of The World”

   As you probably know, the Rothschilds are banking cartels and they are admitting that negative interest rates and money printings are simply experiments of central banks.  Are you still trusting your government is acting on your best interest?

2. Banks are preparing for an ‘economic nuclear winter’

   So banks are declaring there will be serious financial turbulence in the coming winter and they are bracing for the impact.  Does bail in (=confiscate your savings account)
   count as a counter measure of keeping the banks alive?

3. Vancouver’s real estate is ‘fuelled by a money laundering bubble’: Market analyst

   If you live in Vancouver or Greater Toronto Area, you know that the housing markets are building up a massive bubble, waiting to burst any time.  The “hot money” from China is the main driver of rising housing prices and bidding wars on home sales.  It is impossible for a local Canadian worker of median income of $70,000 to afford a 1 million dollars 2000 sq.ft. house in the city.  It just doesn’t work.

   If you are leveraging yourself in the housing market, you need to sell your investment real estate  now and get out! 

4. The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst
   

   I have maintained that debt is a bad thing.  Spending your future money today is  one of the root causes of financial crisis throughout history.Living within our means should be taught to every child at a younger age.  Instead, we teach our children that we can borrow now, enjoy life and leave the trouble for tomorrow.  Nevertheless, you will have to repay the debt someday.  There is no escape.

5. The Swiss Begin To Hoard Cash

   People in Japan, Germany and Swiss have began hoarding cashes at home for quite some time now.  Why?  Because of negative interest rates as I have discussed here before.
   However, I don’t suggest you hoard cash.  I suggest you to turn your cash in to water, food, survival gears and precious metals.

6. Deustche bank refuse to delivery gold
   

   Wow.  The biggest bank of Germany is unable to deliver gold upon demand.  This shows that physical gold demand is growing and the ponzi scheme of gold rigging by paper gold contract on Comex is coming to an end.Again, if you cannot touch it you don’t own it.  Buy physical gold and silver, never in ETF or certificate.

From reading the above news, one can only draw a conclusion that an acute financial collapse is on its way.

My friends, there is a much bigger, eternal crisis waiting for your life.  One day, you will have to face God:

Let us hear the conclusion of the whole matter: Fear God, and keep his commandments: for this is the whole duty of man.   For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil.  – Ecclesiastes 12:13-14

Instead of this life where you might be able to get help and consolidate your debt or have someone to “bail you out”, once you are dead there is no second chance.  Jesus Christ, the only Son of God, is the one who died on the cross for your sins in order to “bail you out”.  If you fully trust and obey Jesus Christ, repent of your sins, you can stand before God in His righteousness and enjoy eternal life with Him.

Sure, we are going to face financial collapses, famine, wars and pestilences, persecution etc…. but knowing and trusting Jesus Christ will get us through all these troubles.

Having said that, if you love your family and neighbors, you need to prepare NOW.  One one end you need to brace for the approaching financial, political and social unrest, but on the other end you don’t put your faith in the substances you have stored.  You put your trust in God the Almighty.

Contact me if you need advice in prepping.  Free of charge 🙂