[go: up one dir, main page]

Archive for banking

This Week in Prophecy: Pope Denies Hell; Russia; China; Banking Woes

Posted in #PaulthePoke, China, Ezekiel 38-39, Hell, Prophecy, Trend Update with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , on March 18, 2023 by paulthepoke

Matthew 10:28 “And do not fear those who kill the body but cannot kill the soul. But rather fear Him who is able to destroy both soul and body in hell.” -Jesus

See also Luke 12:5, Revelation 20:14, 15, 21:8 (Lake of Fire)

Pope Francis denies the physical existence of Hell.

Hell is not a place. If one goes to attend the Last Judgment, and sees the faces of those who go to Hell, one gets scared. If you read Dante, you get scared. But these are media representations.

Hell is a state, there are people who live in Hell continuously.” -Pope Francis

With these comments, along with others, the Vatican went into spin mode.

All official, final texts of the Holy Father are found on the Vatican website,” and since they were never published by the Holy See Press Office they “should not be considered official texts.” -Holy See Press Office

https://www.lifesitenews.com/news/pope-francis-denies-that-hell-is-a-place-says-it-is-a-posture-towards-life/

Ezekiel 38: Sons of Magog and Rosh, modern day Russia. For more details on ancient Magog, click on the link below.

Tension is on the rise with Russia attempting to spray a U.S. drone with jet fuel over the Black Sea in international waters. The Russian pilot got a little too close for comfort and appears to graze the drone.

The International Criminal Court has issued a warrant for the arrest of Russian President Vladimir Putin as a war criminal for illegally exporting Ukrainian children.

https://www.icc-cpi.int/news/situation-ukraine-icc-judges-issue-arrest-warrants-against-vladimir-vladimirovich-putin-and

~

Revelation 9:16 And the number of mounted troops was two hundred million; I heard their number.

Tension increases in the Pacific. The United States and the United Kingdom have agreed to sell nuclear submarines to Australia.

The United States has sold 220 Tomahawk cruise missiles to Australia. Japan may be interested in buying cruise missiles as well.

https://www.dailymail.co.uk/debate/article-11851407/MARK-ALMOND-China-puts-economy-war-footing-submarine-deal-just-start.html

https://www.cnn.com/2023/03/16/australia/australia-tomahawk-missiles-aukus-intl-hnk/index.html

China’s President Xi is headed to Moscow early next week. The focus is peace between Russia and Ukraine. Some think China is on the verge of a weapon’s deal with the Russians.

https://www.bbc.com/news/world-europe-64986486

~

Leviticus 19:36 You shall have honest scales, honest weights, an honest ephah, and an honest hin: I am the LORD your God, who brought you out of the land of Egypt.

God wants honesty when it comes to economic matters.

The last couple of weeks in financial markets and global economics has been rocky. In the last two business weeks 5 banks have crashed. The United States has witnessed two of its largest bank failures in history.

Moody’s Investor Service has downgraded the entire United States banking system to negative.

We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY.” -Moody’s

The banks in the United States includes: Silvergate Bank, Silicon Valley Bank, Signature Bank, and First Republic Bank. The mess has made its way across the Atlantic to Europe. Switzerland’s Credit Suisse required a bailout from the Swiss government.

The US Department of Treasury decided to insure all depositors in banks that expose a “systemic risk exception”, even those above the insured threshold of $250,000. The two banks who meet this “exception” include Silicon Valley Bank and Signature Bank. All depositors were “made whole”.

https://home.treasury.gov/news/press-releases/jy1337

This “exception” appears to be on a case by case basis as decided by the boards of the FDIC, the Federal Reserve, President Biden, Secretary of the Treasury Janet L. Yellen.

During hearings with the Senate, Oklahoma Senator James Lankford (R) pressed Secretary Yellen. This exchange was extraordinary.

Banks only get the treatment if the failure to protected uninsured depositors would create systemic risk.” -Secretary of the Treasury Janet L. Yellen

PLEASE WATCH!

If a bank does not meet the threshold of “exception” and one has deposits over the FDIC insured amount of $250,000 in said bank, tough! No bailout for you!

Plan Accordingly!!!

Money is flying out of smaller banks and being deposited into Tier 1 Wall Street banks. These Tier 1 banks include JP Morgan, Bank of America, Wells Fargo, and Citigroup. And the rich get richer.

Will Federal Reserve Board Chair Jerome Powell raise interest rates next week?

The Debt Limit deadline looms some time around April 2023. The United States has wracked up $31.4 trillion in debt (31,400,000,000,000). Secretary Yellen has already warned Congress that if the Debt Limit is not increased, it would be crushing to the banking system.

Buckle up! This is going to get rough!

Is all of this dishonesty in the banking industry reaching a tipping point? God says judgment is ultimately coming.

Micah 6:11-13 Can I excuse dishonest scales or bags of false weights? For the wealthy of the city are full of violence, and its residents speak lies; their tongues are deceitful in their mouths. Therefore I am striking you severely, to ruin you because of your sins. -The LORD God

https://www.amazon.com/Paul-Lehr/e/B09W8FB77N

Sabbatical Year/Shemitah, Part 3

Posted in #PaulthePoke with tags , , , , , , , , , , , , , , , , on October 3, 2021 by paulthepoke

Deuteronomy 15:1-2 At the end of every seven years you shall grant a remission of debts. This is the manner of remission: every creditor shall release what he has loaned to his neighbor; he shall not exact it of his neighbor and his brother, because the LORD’S remission has been proclaimed.

In today’s world, the verses above are radical financial and economic concepts. All debt, regardless of size, is forgiven at the end of every seventh year. Imagine, a clean financial slate.

Think about how these verses would influence lending and borrowing practices. Larger loans would occur early in the seven year cycle. Debt structure would not look like it does today. The 30 year mortgage would be toast. Loans would likely be much smaller. Personal savings would be promoted. People would be more inclined to live within their means.

Think of all the debt and credit offering practices: home mortgages, car loans, student loans, and credit cards just to mention a few. Debt is oppressive and restrictive to freedom. Consider how each of the above would be financed or paid if debt was forgiven at the end of every seven years. Consider the change in personal spending habits.

Creditors would be more careful how they loaned their money. There would be less loaning of money. Creditors would likely make less irresponsible loans to customers who do not have the means to pay. If implemented today, debt bubbles would be a thing of the past. At the end of every seven years, everyone would be debt free. If debt payments remained at the end of the cycle, it would be forgiven. Poverty would likely be diminished significantly.

Responsibility would be increased on both the lender and the borrower. These practices would significantly cut into corporate banking profits and affect their stock prices. We likely would not see these behemoth corporate banks that dominate our economic landscape today.

Deuteronomy 23:19-20 You shall not charge interest to your countrymen: interest on money, food, or anything that may be loaned at interest. You may charge interest to a foreigner, but to your countrymen you shall not charge interest, so that the LORD your God may bless you in all that you undertake in the land which you are about to enter to possess.

Interest free lending would promote national unity and good will toward your fellow countryman. It is a matter of looking after your neighbor and brother. Financial collaboration would be an outcome. People would be more interested in the success of others.

God does not want us to take financial advantage of our fellow man. These loaning practices were built into society by God. He understands the capacity of greed demonstrated by humanity. Don’t shaft your neighbor.

These financial concepts are nowhere to be seen in today’s economic world. Most people are not aware these statutes exist. Would our lives be economically easier if this were in place today? What a concept, it is a universal blessing from God if one loans interest free to their countryman.

~

The ultimate example of God’s release or remission is in His Son. Jesus forgives us of our debt, sin. 

John 1:29 The next day he saw Jesus coming to him and said, “Behold, the Lamb of God who takes away the sin of the world! 

Our transgressions are forgiven as a matter of grace and mercy. Ephesians 1:7 In Him we have redemption through His blood, the forgiveness of our trespasses, according to the riches of His grace. 

He has paid our debt without charging us. Romans 6:23 For the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord. 

It is His payment that allows us to possess eternity in New Jerusalem (Revelation 21).

Sabbatical Year/Shemitah, Part 3

Posted in Gospel, Prophecy with tags , , , , , , , , , , , , , , , , on October 26, 2014 by paulthepoke

Deuteronomy 15:1-2 At the end of every seven years you shall grant a remission of debts. This is the manner of remission: every creditor shall release what he has loaned to his neighbor; he shall not exact it of his neighbor and his brother, because the LORD’S remission has been proclaimed.

In today’s world, the verses above are radical financial and economic concepts. All debt, regardless of size, is forgiven at the end of every seventh year. Imagine, a clean financial slate.

Think about how these verses would influence lending and borrowing practices. Larger loans would occur early in the seven year cycle. Debt structure would not look like it does today. The 30 year mortgage would be toast. Loans would likely be much smaller. Personal savings would be promoted. People would be more inclined to live within their means.

Think of all the debt practices: home mortgages, car loans, student loans, and credit cards just to mention a few. Debt is oppressive and restrictive to freedom. Consider how each of the above would be financed or paid if debt was forgiven at the end of every seven years. Consider the change in personal spending habits.

Creditors would be more careful how they loaned their money. There would be less loaning of money. Creditors would likely make less irresponsible loans to customers who do not have the means to pay. If implemented today, debt bubbles would be a thing of the past. At the end of every seven years, everyone would be debt free. If debt payments remained at the end of the cycle, it would be forgiven. Poverty would likely be diminished significantly.

Responsibility would be increased on both the lender and the borrower. These practices would significantly cut into corporate banking profits and affect their stock prices.

Deuteronomy 23:19-20 You shall not charge interest to your countrymen: interest on money, food, or anything that may be loaned at interest. You may charge interest to a foreigner, but to your countrymen you shall not charge interest, so that the LORD your God may bless you in all that you undertake in the land which you are about to enter to possess.

Interest free lending would promote national unity and good will toward your fellow countryman. It is a matter of looking after your neighbor and brother. Financial collaboration would be an outcome. People would be more interested in the success of others.

God does not want us to take financial advantage of our fellow man. These loaning practices were built into society by God. He understands the capacity of greed demonstrated by humanity. Don’t shaft your neighbor.

These financial concepts are nowhere to be seen in today’s economic world. Most people are not aware these statutes exist. Would our lives be economically easier if this were in place today? What a concept, it is a universal blessing from God if one loans interest free to their countryman.

The ultimate example of God’s release or remission is in His Son. Jesus forgives us of our debt, sin. John 1:29 The next day he saw Jesus coming to him and said, “Behold, the Lamb of God who takes away the sin of the world! Our transgressions are forgiven as a matter of grace and mercy. Ephesians 1:7 In Him we have redemption through His blood, the forgiveness of our trespasses, according to the riches of His grace. He has paid our debt without charging us. Romans 6:23 For the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord. It is His payment that allows us to possess eternity in New Jerusalem (Revelation 21).