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.

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