ECONOMIC / FINANCIAL News is now posted separately. Click here to read / view this week’s update
· Why the Dollar's Reign Is Near an End For decades the dollar has served as the world's main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here's why—and what it will mean for international markets and companies. Read More
Although I posted an Economic update separately this week, I thought it appropriate to include the above story from The Wall Street Journal, which is probably the most influential financial publication in America. For the WSJ to print an article such as the one above, proves the precarious position of the US dollar atop the world financial ladder; it inevitable that it will fall, the only question is how far?
FOOD INFLATION / SHORTAGES / FAMINES
Catastrophic food price inflation and shortages of food and famine are prophesied in the Bible.
· Warning: Food Supply and Affordability are Seriously Threatened Point blank: We are in for some serious trouble with our food supply and consequently our ability to afford it on what we’re presently earning. This trouble isn’t going to manifest itself in a year or two. Nope. We don’t have that much time in this particular area. Rather, it’s headed into our homes no longer than 6 months from now, and more likely to be obvious 6 weeks from now. Unless you’re enjoying an income that can take a 40-50% increase hit in your essential expenses, then I’m certain you will not be spared the impact of this snowball that’s rolling down hill, gaining in momentum and size; and it’s coming right to our front doors. Read More
The above information is written mostly for Americans and Canadians who enjoy the cheapest pricing for food anywhere in the world. Food is cheap not necessarily in terms of dollars it costs to buy food but in terms of the percentage of one’s income that is needed to buy food for one’s subsistence. It is estimated that North Americans spend no more than 15% of their income to buy food whereas in most of the world, this percentage is closer to 50%, and as high as 80% in underdeveloped and third world countries. However due to worsening economic conditions, food is about to become very expensive in the whole world including North America and this will lead to social unrest in the US as the following News Report anticipates.
· Food prices to skyrocket, riots could follow, suggests USDA (United States Department of Agriculture) When the upswing in commodity prices eventually makes its way throughout the food system in mid-to-late 2011, food prices are sure to spike with levels potentially reaching those of 2008, announced U.S. Department of Agriculture (USDA) economist Ephraim Leibtag at the agency's annual Outlook Forum. And if conditions escalate rapidly, there is also the potential for food riots and other civil unrest. Read More
If the USDA is anticipating food riots and civil unrest, they must have good reason to come to these conclusions. These warnings of social unrest within the United States have been sounded bay many knowledgeable people for some time now. It would appear that the trigger that will set off these riots / disturbances will be food related problems, just like in many other countries in the world.
· Food inflation shoots up to 17.05% in India / NEW DELHI: The outlook for food inflation appears to have got grimmer. Even as the relentless rise in vegetable prices continues, cereals are becoming costlier. The year-on-year inflation in food articles rose to 17.05% for the week ended January 22, up sharply from 15.57% in the previous week, data released on Thursday showed. Finance Minister Pranab Mukherjee said efforts are being made both from the demand and supply side to soften food inflation. The index for food articles rose 0.73% during the week as prices...Read More
India is a nation of billion plus people, 2/3 of whom live in extreme poverty. The poorest people have seen their real wages decline steadily since India opened up to development through international investment. India’s perceived economic miracle has proven to be a curse for the poorest in that heavily populated country.
· Record High Food Prices to Keep Rising – Video With prices of oil rising sharply and the cost of fertilizer doubling over the past year, it stands to reason that food prices will likely not come down even if they do not rise any further
GEOPOLITICAL TENSIONS: WAR / CIVIL UNREST / ‘TERRORIST ATTACKS’
The following News reports are confirmation that we may be witnessing, or will soon be witnessing the beginning of the days when ‘peace shall be taken from the whole earth’, the beginning of the time when ‘they should kill one another’. The Bible leaves no doubt that the time of the end of the world will be one of ‘distress of nations’. Nations on every continent will experience internal unrest, revolutions, civil wars, and nations will also battle each other and kill millions of their own and their enemies.
Civil War in Libya
· More than 140,000 people flee Libya / The United Nations refugee agency says over the past 10 days, more than 140,000 people have fled to Egypt and Tunisia from Libya. The UNHCR says tens of thousands of people are stuck at the borders and in urgent need of help. Read More
I find the Libya, Tunisia and Egypt ‘color revolutions’ to be more than a little bit strange especially the civil war in Libya. All three of these countries were more or less stable, and Libya is not a poor country, and neither is Tunisia in comparison to most of Africa and South Asia. So why the people would rise up suddenly and successfully dislodge two long term rulers is a bit of mystery. Civil wars too do not come about without a great deal of prior internal dissent and without a viable armed opposition. Where did the armed opposition come from in Libya all of a sudden? I highly doubt that any of these revolutions are organic or initiated by the people. It seems more likely that the whole Arab world is being incited to revolution, to what end remains to be seen.
· Is Pakistan Next in line for a revolution? Boston Globe article / But the context for all of this in Pakistan is unique, for the more insecure Islamabad has felt, the more it has embraced the American-spawned fantasy of nuclear weapons as a source of all-trumping transcendent power. Since President Obama gave his historic speech in Prague two years ago, declaring a world purpose of nuclear elimination, Pakistan has been adding to its nuclear arsenal at a feverish clip, growing it from about 70 weapons to perhaps more than 100. The stated rationale for this is the threat from India, which is engaged in its own escalations, with highly touted military support from the United States — including a recent offer of dozens of prized F-35 stealth fighters. Nothing better demonstrates the stuck-in-amber obsolescence of US policy than this self-defeating — and profit-driven — fueling of the South Asia arms race. A balance of terror is no balance. So last week, Pakistan test-fired its nuclear-capable Babur cruise missile — a bow shot as much at Washington as at New Delhi.
I have stated many times in the past that it is my belief that the theatre for World War III will not be the Middle East (that will happen later in the battle of Armageddon) but South Asia. The region of India. Pakistan, Afghanistan, Iran and China is the most volatile region in the world. Given the fact that three of these powers are major nuclear powers and Iran may soon join China, India, and Pakistan as the fourth nuclear power in the region, there is no region in the world that is more of a powder keg than this part of the planet.
EXTREME WEATHER / EARTH CHANGES
· New Earthquake rocks New Zealand Another earthquake registering 4.0 on the Richter scale struck southern New Zealand on Tuesday evening, the U.S. Geological Survey (USGS) reported. There is no information as of yet on possible deaths or devastation after the quake. The quake was registered at 10:42 p.m. local time (09:42 GMT) to the southeast of Christchurch, the country's second largest city, which was hit be a devastating 6.3 earthquake on February 22. Read More
Judgment begins at the house of God / I can’t help but think that ‘CHRISTCHURCH’ being struck again and again by earthquakes is a sign of the beginning of the judgment of God upon the church, to be followed by the pouring out of His wrath upon the world.
1 Peter 4:17 For the time is come that judgment must begin at the house of God: and if it first begin at us, what shall the end be of them that obey not the gospel of God?
· Nano-satellite scheme to predict natural disasters It’s barely 20cm across, it weighs about 2 kg – and it could be the first step towards a breakthrough in predicting natural disasters. A revolutionary nano-satellite could become the rising star of Russia’s space programme, developed in conjunction with British scientists to test the physics behind a potentially life-saving scheme. The joint effort involving Russia’s Institute of Physics of the Earth and London’s Mullard Space Centre Laboratory hopes to develop a workable system to detect the electro-magnetic impulses which precede volcanic eruptions and earthquakes – and help timely evacuations. Read More
Having studied the reality of weather manipulation for some time now, and having written many times on the subject, when I see reports in the media such as the one above, it automatically makes me think of the adverse effects that may be generated by such technologies. The media always seems to want us to believe that such technologies are all being created for our benefit but invariably it turns out that such technologies are employed for military and destructive purposes such as creating earthquakes instead of merely predicting them.
· Scientists Create 'Cyborg' DNA A group of researchers in Denmark is working on creating something entirely new on this planet – lifeforms that contain an improved version of the double-helix DNA. They are, for all intents and purposes, seeking to create stable, triple-helix deoxyribonucleic acid. Since the acid was first discovered, experts have known that it features two strands, which dance around each other and form a distinctive, double-helix structure. All complex organisms contain DNA, and all of them feature variations of this configuration. But the Danish team apparently finds this underwhelming, and is trying to introduce a third strand into DNA. They have already achieved success in their attempts, and they are currently engaged in solving some unforeseen problems that appeared as they created the “cyborg” DNA. Read More
Reports such as the one above coupled with the story below confirm the truth of scripture that in the days just prior to the end, some truly ‘Unnatural’ life forms, like something out of a Sci – Fi movie will invade the Earth and cause much death and destruction. The Terminator movies storyline that man will create Cyborgs (organic machines) that will turn upon him may prove to be fact rather than fiction. Such machines as the one seen in the video above are precursors of creatures that will be seen on Earth in the years ahead. For example, the locusts army of Revelation 9:3 – 11 are almost certainly manufactured creatures that are a composite of many different types of creatures. They will be built of materials or alloys that are near indestructible. This is one of the reasons why I believe that we are still many years away from the fulfillment of all ‘End of the World’ prophecies although I am convinced that the beginning of the end is just around the corner.
· US Army to build a Cheetah robot that can run faster than humans... let's hope it doesn't get a taste for flesh A new robot that can outrun the fastest man on Earth and a Terminator-type android that will work alongside troops is being developed for the US Army. The speedy robot – called, unsurprisingly, the Cheetah – is being developed by Boston Dynamics, which brought to the world the $18million BigDog robot used to help soldiers carry equipment over tough terrain. Read More
· Petman Robot – Video
The phase that follows the Beginning of the end of the world, the beginning of sorrows will be the Sounding of the Trumpets phase (please read Phases of the End of the World article). It is in this phase that we will begin to see Android / Humanoid type creatures makes their appearance in our world much to the detriment of mankind.
ANOMALOUS / UNCOMMON / PARANORMAL NEWS
The above video is actually a 1942 recording of the only incident of antiaircraft guns being fired over the Continental United States. So something did invade American air space that night and to this day there has been much speculation as to what it was, no concrete evidence has been provided that would prove that it was a UFO or UFOs. There is a major movie being made based on this incident so I decided to include the above report in this week’s update.
· 'I believe in UFOs... and I've seen them': Former Canadian defence minister accuses American government of cover-up He is on an advisory body to the Queen, works as an environmental campaigner and is credited with integrating Canada's armed forces. But aside from all this, the ex-Canadian defence minister says UFOs are real, aliens have visited Earth and the U.S. government is covering up information about them. Paul Hellyer says he would probably get fired for his views if he was still Canada's Minister of National Defense today, but is adamant he has seen UFOs himself. Read more:
There is no doubt that UFOs are real; the only question is whether they are secret military craft or visitors from other galaxies or planets. The source of the above story is an influential Canadian former Defense Minister, and he should not be dismissed as a crackpot. I personally believe that there is an agenda to make people believe in ET visitors from outer space, who in fact are the creatures identified in the Bible as ‘devils’. People like Paul Hellyer are used, wittingly or unwittingly, to condition the world for an imminent arrival of our ‘space brothers’, who is reality have been interacting with man since the serpent tempted Eve and Adam to eat the fruit of the tree of the knowledge of good and evil. I for one would not be at all surprised if a giant UFO appeared in our skies one day and creatures came out of it claiming to be visitors from a distant world come to help mankind. Though they may be received with open arms by world leaders and depicted as kind and wise, it would be wise for those of us who believe in The Most High God to not be deceived along with the rest of the world. The agenda is to make visible that which already exists within our space but in another dimension. Hollywood has been preparing the world for over a century now to accept this ‘Arrival’ as inevitable and to believe the mystical high sounding lies that will be spouted by the visitors.
At the end of 2010, the last article I posted on my blog was titled 2011 Predictions. I am truly surprised by how many of the events that were expected to transpire based on Biblical prophecy have already come to pass in just the first two months of 2011. Are we witnessing, or will we be witnessing the beginning of the end of the world in the very near future? It is a bit too early to declare that this is indeed the case but there may not be much doubt left by the end of this year if events continue to unfold as they have at the beginning of this year.