Balaam's Ass Speaks
A friend of mine Steve VanNattan has a very good ECONOMIC UPDATE here which I shall cut and paste below. I want to link to his site but he has a nasty habit of removing his content for some reason. So here's a LINK to his site:
www.balaamsassspeaks.blogspot.com
You'll have to MOUSE OVER the LINKS on your own here. I'd say this is right on target and even Marc Faber and Jim Rogers should take notes:
HARBINGERS-- I BREAK POLICY AND TALK
Recently, I have been avoiding issues of the economy, Globalists in Washington who are trashing the USA, and predicting much of anything. If the Bible talks about some issue of the day, I may well note that.
So, I am breaking policy, and I am telling you that something big is about to go down.
In 1929 just before the Stock Market crashed, there were some terrible scenes of suffering in the USA. But, they were in the Midwest and off the Eastern Seaboard, and the masses and asses of Americans were watching the Stock Market boom with glee.
So, here are two headlines with links you can use to read about two violently diametric facts:
RECORD 47,791,996 ON FOOD STAMPS...
STOCKS HIT NEW HIGHS...
You see, the real headline of note is the food stamps. The real unemployment in the USA is totally concealed because only those collecting unemployment are counted. When they fall off of unemployment payments from the Government, they go on food stamps and are not officially unemployed anymore.
Food stamps is the only real statistic we have right now.
So, there is a war going on between one reality and the other. Which one is really a harbinger of things to come?
That is a no brainer my friend. Can you eat stocks? Can you go find a food closet or soup kitchen in the New York Stock Exchange?
THINK
So, if you are not prepared mentally and physically for the collapse of the US dollar, run away inflation, and creeping isolation from the world's marketplace, you have very little time to still get ready. I am not a prophet. I do not have a crystal ball. But then, neither do ANY of the experts who both stampede you with panic or comfort you with sweet words from the Oval Office. You are really on your own.
China is NOW trading off its dollar reserves for gold, tons of gold. They have refused, for the first time since they entered the international monetary game, to restrain the Yuan. They told Hillary this to her face, and she was raging mad. I think she went away because she could see that her entry in the history books of the future could well be, "She tried to do good, but she was too dumb to pull it off." In fact, she was doing what she was told, and the world patted her on the head and told her to run along.
Pity John Kerry. He now has the job of taking the heat off of the mad world and explain to them that the USA is really a wise and prudent nation doing good for all men worldwide. John, baby, you will wish your were back up that river in Vietnam on a swift boat again when you see what they have ready for you.
So, who is to blame and what can be done about it is beside the point. When national economies and structures of culture and society go over the edge, those who saw it coming survive best. Forget who is to blame. Get ready to survive in rough times.
Please stop trusting gurus, left, right, or center. Take responsibility for your destiny. There will be a whole lot of fool Liberals who have sold their mind and soul to Washington believing every word of comfort. No man in the USA can save you now. The USA is busted.
Proverbs 26:17 He that passeth by, and meddleth with strife belonging not to him, is like one that taketh a dog by the ears.
Proverbs 4:14 Enter not into the path of the wicked, and go not in the way of evil men.
15 Avoid it, pass not by it, turn from it, and pass away.
16 For they sleep not, except they have done mischief; and their sleep is taken away, unless they cause some to fall.
17 For they eat the bread of wickedness, and drink the wine of violence.
18 But the path of the just is as the shining light, that shineth more and more unto the perfect day.
19 The way of the wicked is as darkness: they know not at what they stumble.
Proverbs 22:3 A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.
Psalms 4:4 Stand in awe, and sin not: commune with your own heart upon your bed, and be still. Selah.
5 Offer the sacrifices of righteousness, and put your trust in the LORD.
