The World Stock Markets and War
October 15, 2008
http://www.tribulationperiod.com/
Regarding the Stock Market, I will stick to my Blog prediction of October 10, 2008, which immediately follows.
Regarding war, I will stick to my Blog of November 4, 2007.
It follows our Excerpt 1 from DEBKAfile.
End Current Blog Heading
Begin Stock Market Prediction Archive Blog of October 10, 2008
How Low will the Stock Market Sink?
October 10th, 2008
Just HOW LOW Will the Stock Market SINK?
I Have Received Numerous QUERIES On THIS!
I believe the Industrial Average WON’T go Below
7000 And, After Wild Ups And Downs, Will Stabilize
Next week between 8000 & 9000 as crisis fears Drop,
Wild Swings Will Continue for Some Time, but I Suspect
It Will Climb Over 10000 by the Dawn of the Coming Year,
But it will never again be quite the same and, at some Point
In time between 2010 and 2015, it will sink to a historical Low,
Finally going Out of Existence before the Tribulation Period Ends!
October 10, 2008
http://www.tribulationperiod.com/
Begin Archive Block Excerpt from Associated Press via The Jerusalem Post
Wall Street sell-off spreads worldwide
October 10, 2008
Associated Press , THE JERUSALEM POST
Stock prices in Asia and Europe careened lower Friday, extending a stampede of selling that began in on
Wall Street a day earlier, deepening a global financial crisis that has defied all efforts to stop it.
Begin Excerpt 1 from Current DEBKAfile October 15, 2008
World markets drop after two-day rally
October 15, 2008, 4:29 PM (GMT+02:00)
On Tuesday, Oct. 14, President George W. Bush and treasury secretary Henry Paulson explained that the Federal Reserve’s $250 bn buyout of stakes in US banks was a short term measure to alleviate the credit crisis.
Paulson admitted that taking stakes in banks was necessary though objectionable to most Americans. Washington sources told DEBKAfile that whereas government intervention in the market is anathema to most Americans, buying shares is more acceptable. The $700bn package approved by Congress two weeks ago to buy toxic debts was too slow to allay the threat of global financial meltdown looming in the last week.
Faster measures were therefore put in place to oil the wheels of liquidity and revitalize lend
ing.
Nine US banks would therefore “sell preferred shares” to the government as a measure for conquering lack of confidence in the financial system and increasing the financing of consumption and investment to meet such basic needs as covering payrolls, stimulating business and helpig homeowners save their homes from foreclosure.
The nine banks are JP Morgan Chase, Goldman Sachs, the Bank of America, the Bank of New York Mellon Corp., Merill Lynch-Citigroup, Wells Fargo and State Street Corp. Monday, Japan’s Nikkei closed up 14% Monday, its biggest single-day gain, after Wall Street’s 11% rally and ahead of the US announcement of US plans to buy ownership stakes in major banks. Sidney was up 5% (after an A$10.4 bn stimulus package), Hong Kong 4%, New Zealand, nearly 7% and South Korea up to 5%. London, Paris, Frankfurt rise for second day after Asia.
European markets were revived Monday by multibillion pledges to support banks. Assuming even that the rallies are not a flash in the pan but show the tottering financial system starting to right itself, nevertheless economic experts are asking: What next? Some symptoms of the next economic crisis are already visible:
1. A slowdown is making itself felt in the United States, UK and parts of Europe, with early signs of r
ising unemployment and reduced consumer spending power.
2. The partial nationalization of major banks will force governments into managing them – for which official bureaucracies are eminently unsuited. Qualified personnel will be hard to find now that new legislature has slashed the outrageous perks and bonuses prevalent in the ailing financial industry.
3. There is no guarantee that the multibillion rescue plans will bring investors back to the markets long term after their initial interest.
4. After pouring the staggering sum of $4 trillion into their salvage plan, governments may find it is not enough. Where will additional resources come from? Fom extra taxes? The ordinary taxpayer may well exact a heavy political price from governments who take that course.
Begin Excerpt from Archive Blog of November 4, 2007, regarding time of the last war of Gentile Age beginning between Israel and Islam!
When Will Israel Attack Hizbullah?
Prophetic King of South will attack King of North, but When
?
November 4, 2007
While I am certain that the king of the south (Israel) will eventually attack Hizbullah, I doubt if it will occur this year. I suspect this is to keep Hizbullah involved in defensive preparation to the extent it limits their ability to interfere in the Lebanese election process.
After Reading the WorldNews Time Magazine article below, please read our Excerpt from Archive Prophecy Update 177B, which follows it.
Begin Our Special Archive Update 177B
SPECIAL PROPHECY UPDATE NUMBER 177B
June 23, 2004
Hizbollah Will Eventually Trigger An End Time Jihad!
Daniel 11:40 – And at the time of the end shall the king of the south push at him: and the king of the north shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries,
and shall overflow and pass over.
Alexander the Great, the “notable horn” in Daniel 8:5, which was “broken” and replaced by four other horns in Daniel 8:8 that represented the four generals who would divide his kingdom among themselves after his death, was still very much alive when he captured Israel in 332 B.C., only to fall dead nine years later in 323 B.C.
In the division of his kingdom into four parts, Egypt and Israel were given to Ptolemy I, and his descendants ruled over Israel until 212 B.C., when Antiochus III conquered Israel from the north, and the Seleucids ruled over Israel until 167 B.C. The many Seleucid kings that ruled over Syria were individually identified as the “king of the north” by Daniel, and he called the individual Ptolemaic kings that ruled over Israel and Egypt the “king of the south.”
Daniel prophesied Alexander’s death some 268 years before it occurred.
In Daniel’s prophecies from Daniel 11:5 to 11:45 he refers to two types of kings, kings of the north, who would rule as Syrian kings to the north of Israel, and to kings of the south that ruled over the territory that made up the Ptolemaic kingdom to the south of Syria. So the king of the south in Daniel 11:40 is the ruler in Israel “at the time of the end,” while the willful king of the north is the ruler in Syria. I firmly believe that it will be the terrorist army known as Hizbollah, under the directions of Syria and Iran, that will deliberately perform an act designed to get Israel to push north into Syria and Lebanon as an act of retribution, which will give international justification for 10 Arab nations, led by the Syrian ruler, to rumble south into Israel in a lightening surprise Jihad.
I have watched the rise of the Hizbollah terrorist arm for some 25 years, and observed a weaving of its tentacles across many nations in an ever increasing involvement in the amazing recent growth of worldwide terrorism. I think it worthy of giving a brief history of the movement, and an outline of its current activities, because I believe it will be the catalyst used by Islam to lure Israel into the “end time” push into the territories of Syria and Lebanon.
End Archive Prophecy Update 177B
Continue Archive Blog Heading of November 7, 2007
I do not believe Israel will attack as the king of the south this year, but I am of the opinion she will at some point in time between 2010 and the end of 2014. I would love to see her push north tomorrow, because I am so anxious for the end time events predicted to occur before the Second Advent of Messiah to begin. So naturally, I hope
Israel pushes north tomorrow to set things in motion.
End Archive Blog Heading of November 4, 2008
Begin Excerpt 2 from Current October 15, 2008 DEBKAfile
Large-scale Iranian Air Force exercise starts Thursday
October 15, 2008, 2:30 PM (GMT+02:00)The combat drills will be held near Tabriz in East Azerbaijan Province, according to Iranian media, to “demonstrate the might and combat readiness of Iran’s Air force.”
The entire range of Iran’s fighter fleet will take part, including US-made F-4, F-5, F-7 and F-14
fighters and domestic Saegheh fighters. Mid-air refueling will be provided by Boeing 707 aerial tankers.
The aircraft will be flying from air fields in Tehran, Isfahan, Tabriz and Hamadan.
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