Massive Losses on Global Financial Markets.

Overnight, the Dow Jones has dropped over 1000 points & the NASDAQ has dropped almost 9%

Luke 17 suggests that our Lord will return during a time of general prosperity.

And as it was in the days of Noe, so shall it be also in the days of the Son of man.

They did eat, they drank, they married wives, they were given in marriage, until the day that Noah entered into the ark, and the flood came, and destroyed them all.

Likewise also as it was in the days of Lot; they did eat, they drank, they bought, they sold, they planted, they builded;

But the same day that Lot went out of Sodom it rained fire and brimstone from heaven, and destroyed them all.

Even thus shall it be in the day when the Son of man is revealed.

Is that general prosperity about to cease? The next few days and weeks will tell

Watch the story unfold here:

The Dow has plunged 530 points

CNN Money reports:

The Dow plummeted 531 points, concluding its worst week since 2011. Around the world, major indexes also fell for the week and most are negative for the month.

Three big factors are driving this week’s worries:

  1. Concerns are growing that China’s economy is slowing down faster than its government has said.
  2. Investors had been preparing for the U.S. Federal Reserve to raise its benchmark interest rate in September. However, the central bank has been sending mixed signals. That’s dredging out the market’s worst enemy: uncertainty.
  3. Oil prices dropped below the key $40 level for the first time since 2009.

Read more here:

“The writing is on the wall”

The Centre for Research on Globalization Reports:

It was said after the last financial crash that “no one could’ve seen it coming”. This was not so back then and is not so today.

If you were looking for the truth in 2007, the average investor had ample warning from many sources of what was to come.

The warnings are now much louder and coming from mainstream and even “official sources”.

After the biggest financial and social crash in history occurs, “they” will say you were warned! Who are “they” and how exactly were we warned?

In the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) – have been issuing warning after warning.

Click here to read more:

The “Doomsday clock” for global economy strikes one minute to midnight

The Telegraph Reports

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Time is now rapidly running out. There are signs that things could get a whole lot worse.