Now for those of you who followed my advise and checked out the story on NBC Money Morning Staff Reports- CIA Insider Warns of 25-year Great Depression- ran on October 4. Apparently there was an attached video, which showed various federal agency key players who support this report. Now the reason I am touching on this; Justice Department Preparing to Bring Charges Forward of Fraud Against Major Banking Firms; Foreign and Domestic in the U.S., and are Once More Questioning Wall Street's Role in the Growing Problem. Evidence showed the banks colluded to alter price of foreign currencies. Ultimately, several banks expected to plead guilty. Case is also unnerving Wall Street, as charges are said to be focusing on TRADERS and their Bosses, rather than Chief Executives. These banks include-CITIBANK, DEUTCHEBANK, JP MORGAN CHASE, BARCLAYS AND UBS, along with others. The foreign exchange inquiry points to a more complex scheme to fix currency markets. Suspect banks, using info gleaned from clients, collaborated to flood the market with orders just seconds before the so-called "Big 4 p.m. Fix" is put in, which serves as the benchmark for foreign exchange rates. Aim is to drive up the price of- EXAMPLE: Euros, minutes before selling them to client at inflated prices. But once the inflated price returned to normal the next 24-48 hours, the trader would have already made his commission on the inflated sale price and only the buyer would be out a loss, over and above what he owed his Wall Street Trader who handled the deal and he simply goes, I know nothing about fraud or collusion. Traders involved met in private chat rooms and some became quite comfortable, calling themselves, "Cartel", and "Bandits Club". (Could this be a step toward the April 4th Crash in our economy. Remember our great Depression began with banks and the stock markets sudden crash on Black Friday 1929.)
Of course I was not born until the Korean War was over; May 20, 1953 I saw my first daylight in a Pasadena Hospital. My Mom was 10-years old on Black Friday, living in California and she has often told me about growing up during this time period and how tough things were, what you had to do without of and who you had to kill to get pleasurable items like sugar, toothpaste, flour...list in long. In 1936, at 17 years of age, she was married to Husband # 1 and gave birth the same year to my oldest brother, Paul. In 1940-41, my brother was one of the youngest kids in a group who were too young to work, so they fished. to bring some meat home for the table. Mom said Paul was called the Little Fisherman of Morro Bay, California. She always added, if Paul didn't bring home any fish, they would not eat and sometimes they didn't.
Now, this depression lasted from 1929 thru the Start of World War II in Dec 7, 1941. So, about 12 years. The US Government was doing a lot to feed Americans, creating jobs to hire millions of men. For the womenfolk, they really didn't see any break until all the men were sent off to war and the women began filling in their jobs in the factories. My Mom became a Rosy the Riveter, helping build airplanes. The country did pull together, patriotism was at a high point and Christianity grew as people were drawn to the churches.
But an expected 25 year Great Depression hitting us before the Presidential Elections, the world struggling with the possible breakout at terrorism kicking off World War III, or Russia and China taking this opportunity to strike, as American currency becomes worthless and the military unable to to handle the existing needs.
Who and how can we survive such a lengthy depression. Even the best of survivalist, with the largest survival warehouse, cannot survive that long with out help. No matter how much guns & ammo, gas , propane and water you put aside, medicine, generators and batteries you have stored, its doubtful you can make it past 5 years. Now this doesn't take into regard the unfriendly ones, the people who don't want to share but will just take. We will also have the disillusioned ones, asking where is God. What about "Rapture"? We've already talked about how I stand on Rapture. I do not believe we are going to see a Get Out Of Jail Free Card dropped into our hands to miss out on the world we helped add our two cents into.
Before I wrote, A Coming Storm, I was inspired by a science fiction book, "Lucifer's Hammer", authors Larry Niven and Jerry Pournelle. This is my all-time favorite book. Now my story has a strong Christian message, while Niven's book has none. But it does show how a new civilization can work on surviving if people helped one another. His is based in South California, where after Lucifer's Hammers, a comet, strikes the earth and kills 80% of mankind. The story based in LA, concerns a camp of good people, wanting to help one another, joins together and increase their survival possibilities. But opposing them is a growing army of raiders who want to take everything the good people have and prepare themselves for all out war. I would recommend you read this book, as well as my own, as I felt my story was inspired by the Lord. Especially the events that took places during the writing of the book.
Now I don't know if we have this 25-year Great Depression ahead of us, but some bad stuff is coming our way and all too few of us are ready for it. Ebola, EV-D68, MIRS (spelling?), Marburg (a Ebola-like virus), spreading Malaria and other germs and viruses popping up. Prayer is our strongest weapon and the Lord our best ally. Temptations will be many when expected food riots occur with any immediate sign of danger. Think about what you can do if this was to come about, please do not stick your head in the sand- you'll only get your rear end shot off. Make a plan IN THE EVENT something comes about. Military had hundreds of operational plans they never use, but they're ready if the need arises.
I'm going to leave you with that thought tonight. Asking you to checkout that initial story, watch the video and see what you think. Only 20 minutes out of your life.
John Leroy and Kellie stopped by this late afternoon. Good to see them.
God bless to all, BILL