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The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.
My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.
In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."
Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."
I dont think Enrique should be playing tit-for-tat and an eye for an eye game with his #1 creditor. Remember, China has THE one WILD CARD that could change all things-economically speaking-as we know it.
On August 5, 2019, the People's Bank of China set the yuan’s daily reference rate below 7 per dollar for the first time in over a decade. This, in response to new tariffs of 10% on $300 billion worth of Chinese imports imposed by the Trump administration, set to go into effect September 1st, 2019. Global markets sold off on the move, including in the U.S. where the DJIA lost 2.9% in its worst day of 2019 to date.
https://www.yahoo.com/finance/news/u-two-ten-treasury-yield-113251080.html The U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007, in a sign of investor concern that the world's biggest economy could be heading for recession. It just feels like all the snow is being piled on to create the biggest mega snowball ever..
If there is any further pushback from the U.S. on any of these Chinese projects in Iran, then Beijing will invoke in full force the ‘nuclear option’ of selling all or a significant part of its US$1.4 trillion holding of U.S. Treasury Bills, with a major chunk of the paper due to be sold in September on this basis.
China with over 1 billion people will play a big role in the development of the mark of the beast. Aside from leading the way in surveillance, this article suggests it is ready to launch digital currency.
On Wednesday, Hong Kong police said they had arrested five men at the airport terminal the previous day for unlawful assembly and assaulting a police officer, but said their crimes, while serious, don’t constitute “acts of terrorism.”
China’s comments come as fears grow that Beijing may either mobilize troops or take other actions against protesters after they brought air traffic to a halt over the past two days, furthering the economic damage to Asia’s financial capital during protests that have raged on since June.
A landmark arms control treaty between the U.S. and Russia expired Friday after months in which neither side made serious efforts to preserve a Cold War-era agreement that did not cover an emerging China or evolving missile technology that did not exist a generation ago.
BEIJING (AP) — China on Friday threatened retaliation if U.S. President Donald Trump's planned tariff hikes go ahead, while the renewed acrimony between the two biggest global economies sent stock markets tumbling.
China's government accused Trump of violating his June agreement with President Xi Jinping to revive negotiations aimed at ending a costly fight over Beijing's trade surplus and technology ambitions.
Trump rattled financial markets with Thursday's surprise announcement of 10% tariffs on $300 billion of Chinese imports, effective Sept. 1. That would extend punitive duties to everything the United States buys from China.
If that goes ahead, "China will have to take necessary countermeasures to resolutely defend its core interests," said a foreign ministry spokeswoman, Hua Chuying.
"We don't want to fight, but we aren't afraid to," Hua said at a regular news briefing. She called on Washington to "abandon its illusions, correct mistakes, and return to consultations based on equality and mutual respect."
An extra 10% on top of the 25% placed back in May. It almost makes one think that he might be in with the globalist plan such a reckless move that is...
What if the Chinese sell off all of its US treasuries? What if the # 1 customer takes their business elsewhere?
The Senate approved a two-year budget deal on Thursday that lifts strict caps on spending by hundreds of millions of dollars and raises the nation’s borrowing authority -- known as the debt ceiling -- a rare bipartisan agreement crafted by House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin that kicks the delicate issues past the 2020 election.
“To allow the debt ceiling to go up an infinite amount, as much as Congress can possibly spend and borrow, over a nearly two-year period is fiscally irresponsible and has never been seen in our history,” Paul said to his colleagues Thursday. “This may well be the most fiscally irresponsible thing we've done in the history of the United States,” Paul said. Wow. Just wow.
The World Meteorological Organization called the wildfires now burning around the Arctic "unprecedented." The United Nations agency noted that over 100 intense fires burned in the Arctic Circle alone over the past six weeks, releasing more carbon dioxide into the atmosphere than Sweden does in an entire year.
On Earth, 18 of the 19 warmest years on record have occurred since 2001. Warmer climes mean an atmosphere that holds more water, which translates to a boost in pummeling deluges — like the type that flooded Washington, D.C. earlier this week. The U.S. just experienced its wettest 12 months in 124 years of recorded history.
This July, Anchorage hit 90 degrees Fahrenheit. That's the hottest day ever recorded in the city's history.
Parts of midtown Manhattan in New York City were hit with a power outage on Saturday evening, causing Times Square billboards to go dark, leaving people trapped in elevators and shutting down a Jennifer Lopez concert at Madison Square Garden.
LOS ANGELES (AP) — A quake with a magnitude of 7.1 jolted much of California, cracking buildings, setting fires, breaking roads and causing several injuries while seismologists warned that large aftershocks were expected to continue for days, if not weeks.
The Friday night quake — preceded by Thursday's 6.4-magnitude temblor in the Mojave Desert — was the largest Southern California quake in at least 20 years and was followed by a series of large and small aftershocks, including a few above magnitude 5.0
Six months into 2019, there have already been 20% more store closings announced than in all of 2018, according to a new report from global marketing research firm Coresight Research.
China dumped more US Treasurys in April, selling off another $7.5 billion in US debt, according to the latest US Treasury Department data. This follows on the heels of the biggest US Treasury selloff by the Chinese in nearly 2 1/2 years in March.
Over the last two months alone, the Chinese have dumped some $17.5 billion in US debt.
After a four-month pause, the big March sell-off resumed a trend of Chinese Treasury divestment we saw in 2018. Over the last 12 months, the Chinese have shed $69 billion of its Treasury securities.
China currently holds around $1.11 trillion in US bonds. The peak was $1.25 trillion in February 2016. The country remains the biggest US creditor. Even a long-term pause in Chinese bond purchases could become problematic for the US as it dumps billions of dollars of additional Treasurys on the market in order to fund ballooning deficits.
Last month, the federal budget deficit came in at $208 billion, according to Treasury Department data. It was the largest May deficit in history. The US government has to sell bonds to fund the deficits. If its biggest buyer continues as a seller, it could create significant problems for the Treasury Department in the near future.
There has even been talk that the Chinese could turn to a “nuclear option” in its trade war with the United States and aggressively sell off its holdings of Treasurys. This would raise borrowing costs for the cash-strapped US government and likely tank the dollar. The Chinese can’t out-tariff Trump. The US imports far more products than the Chinese. But that $1.11 trillion in Treasury holdings gives the Chinese significant leverage.
Most analysts believe it is highly unlikely that the Chinese would resort to the nuclear option because it would also potentially cripple their economy as well. But an editor for the Global Times, a Chinese state-owned newspaper, verbalized the threat in a tweet last month, saying “Many Chinese scholars are discussing the possibility of dumping US Treasuries and how to do it specifically.”
This is all part of a broader Chinese strategy to minimize its exposure to the US dollar, and perhaps even to undermine the greenback’s status as the reserve currency. The Chinese have become more vocal about the need to create alternative payment systems globally that do not rely on the dollar. In an op-ed published this week, a Chinese state-owned newspaper called on the international community to find alternatives to the global dollar system and warned “capricious actions” by the United States government could “ruin the future of the dollar itself.”
TEHRAN, Iran (AP) — Iran's Revolutionary Guard shot down a U.S. surveillance drone Thursday in the Strait of Hormuz, marking the first time the Islamic Republic directly attacked the American military amid tensions over Tehran's unraveling nuclear deal with world powers. "We do not have any intention for war with any country, but we are fully ready for war," Revolutionary Guard commander Gen. Hossein Salami said in a televised address.
WASHINGTON (AP) — The U.S. and Russia accused each other of unsafe actions on Friday after an American guided-missile cruiser and a Russian destroyer came within 165 feet (50 meters) of each other in the Philippine Sea. Maybe somebody is just looking for a spark...maybe someone wants to FIRE!
SINGAPORE, June 2 (Reuters) - China's Defence Minister Wei Fenghe said on Sunday that a war with the United States would be a disaster for the world while issuing a warning to Washington not to meddle in security disputes over Taiwan and the South China Sea.
Im not sure there is a whole lot that can be done commercially so my bet would be on options 3 and 4 but more weight on option 3 since it has already been manipulating its currency for a while now.
UPDATE 2/21/22
It turned out to be be options 1 & 2 thanks to Trump which makes sense from an economic perspective.
Funny how they use BO in the first few examples...
Artificial Intelligence will be used to bring forth the illusion alluded to in 2 Thessalonians 2:9-11...
9 The coming of the lawless one will be in accordance with how Satan works. He will use all sorts of displays of power through signs and wonders that serve the lie,10 and all the ways that wickedness deceives those who are perishing.They perish because they refused to love the truth and so be saved.11 For this reason God sends them a powerful delusion so that they will believe the lie12 and so that all will be condemned who have not believed the truth but have delighted in wickedness.
Could China aggressively dump US bonds to punish the US for raising tariffs in the trade war? Could they? YES. Will they? YES. Biggest question is WHEN....
The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982, according to Labor Department data released Wednesday. The widely followed inflation gauge rose 0.5% from November, exceeding forecasts.Jan 12, 2022
U.S. inflation rate climbs to 7.5% after another sharp increase in consumer prices.Feb 10, 2022
GENEVA (Reuters) - A senior Iranian Revolutionary Guards commander said on Sunday the U.S. military presence in the Gulf used to be a serious threat but now represents a target, the Iranian Students' News Agency (ISNA) reported.
The U.S. military has sent forces, including an aircraft carrier and B-52 bombers, to the Middle East in a move that U.S. officials said was made to counter "clear indications" of threats from Iran to American forces in the region.
The USS Abraham Lincoln is replacing another carrier rotated out of the Gulf last month.
"An aircraft carrier that has at least 40 to 50 planes on it and 6,000 forces gathered within it was a serious threat for us in the past but now it is a target and the threats have switched to opportunities," said Amirali Hajizadeh, head of the Guards' aerospace division.
"If (the Americans) make a move, we will hit them in the head," he added, according to ISNA.
U.S. President Donald Trump also has increased economic pressure on Iran, moving to cut off all its oil exports, to try to get Tehran to curb its nuclear and missile programs as well as end support for proxies in Syria, Iraq, Lebanon and Yemen.
WASHINGTON – President Donald Trump threatened Iran with a "bad problem" Monday following news that Saudi Arabian oil tankers were sabotaged near the Persian Gulf.
DUBAI/LONDON (Reuters) - Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates and described it as an attempt to undermine the security of crude supplies amid tensions between the United States and Iran.
The UAE said on Sunday that four commercial vessels were sabotaged near Fujairah emirate, one of the world's largest bunkering hubs lying just outside the Strait of Hormuz. It did not describe the nature of the attack or say who was behind it.
On May 10, Trump made good on his promise to raise tariffs by 15% on $200 billion worth of Chinese imports. The now 25% tariffs are meant as a punishment to China for the country's refusal to accept the Trump Administration’s latest version of a potential trade deal. Trump also ordered the Office of the United States Trade Representative (USTR), to begin the process of raising tariffs on essentially all remaining imports from China, which are valued at approximately $300 billion.
As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there's another reality that is setting in — that China seems happy to walk away from trade talks. “Until a week ago, it looked likely that a far-reaching trade deal would be struck between the U.S. and China within a matter of weeks. Whether Beijing has miscalculated or not, China's policy makers are betting that they can absorb a blow to the nearly $400 billion of exports that the country, on net, sells to the U.S. each year. https://www.yahoo.com/finance/news/swing-states-are-among-hardest-hit-by-chinas-tariffs-195431567.html
The Dow is down about 1,200 points since President Donald Trump announced tariff hikes last week, with heavier losses in companies with business in China. Intel, Apple and Caterpillar have all dropped more than 10% in the six trading days since the president's tweet on May 5. Intel in particular may be vulnerable to a deterioration in U.S.-China trade relations, which about 25% on its sales coming from China, according to FactSet. https://www.yahoo.com/finance/news/u-goods-affected-china-tariffs-163609599.html
The tariff war between the world's two largest economies continues to grow. Trade talks with China resuming in Washington Friday morning hours after the U.S. doubled tariffs on 200 billion dollars worth of Chinese goods.
Trump made the offer as he increased economic and military pressure on Iran, moving to cut off all Iranian oil exports this month while beefing up the U.S. Navy and Air Force presence in the Gulf. Acting U.S. Defense Secretary Patrick Shanahan approved a new deployment of Patriot missiles to the Middle East, a U.S. official told Reuters on Friday.
The U.S. aircraft carrier Abraham Lincoln, deployed as a warning to Iran, passed through Egypt's Suez Canal on Thursday and American B-52 bombers have also arrived at a U.S. base in Qatar, U.S. Central Command said.
Iran has dismissed both moves - which the United States said it took after U.S. intelligence signaled possible preparations by Tehran to attack U.S. forces or interests - as "psychological warfare" designed to intimidate it.
"Iran or its proxies could respond by targeting commercial vessels, including oil tankers, or U.S. military vessels in the Red Sea, Bab-el-Mandeb Strait, or the Persian Gulf," MARAD said.
"Reporting indicates heightened Iranian readiness to conduct offensive operations against U.S. forces and interests."
MARAD said U.S.-flagged ships were encouraged to contact the Fifth Fleet at least two days before sailing through the Strait of Hormuz. The fleet's job is to protect commercial shipping in the area.
The strait of Hormuz is the big one. Something happens there, that = beef.
U.S. officials announced Sunday that they would rush an aircraft carrier strike group and bombers to the region. The aircraft carrier USS Abraham Lincoln and accompanying ships have passed through the Suez Canal and are now in the Red Sea.
You adulteresses, do you not know that friendship with the world is hostility toward God? Therefore whoever wishes to be a friend of the world makes himself an enemy of God.
Those who hate me without a cause are more than the hairs of my head; Those who would destroy me are powerful, being wrongfully my enemies; What I did not steal, I then have to restore.
being filled with all unrighteousness, wickedness, greed, evil; full of envy, murder, strife, deceit, malice; they are gossips, slanderers, haters of God, insolent, arrogant, boastful, inventors of evil, disobedient to parents,
"Blessed are those who have been persecuted for the sake of righteousness, for theirs is the kingdom of heaven. "Blessed are you when people insult you and persecute you, and falsely say all kinds of evil against you because of Me. "Rejoice and be glad, for your reward in heaven is great; for in the same way they persecuted the prophets who were before you.
