The 3rd & 4th Signs That Forecast The Time of the End
3rd Sign / Seal
1. What does the 3rd Sign/Seal mean?
2. There shall be famines or depression:
3. With economic depression comes a shortage in food or as some would say famine
4. We are on the verge of an Great Economic World Wide Depression worst than 1929.
What happened in 1929?
1. The 1929 Great Depression
2. It was at the end of the Roaring 20s
3. Technologies Golden Age (radio, cars, phones, Aviation (air travel), Power Grid
4. Black Thurs, Mon, Tues /Oct 24, 28 & 29
5. Dow Jones fell 12.8% by Mon & 23% by Tues
6. By Nov 11 the cumulative index drop 40%
7. By July 1932 the Dow Jones had lose 89%
The Crash of 2008 \u2013 2009
1. 15 USA Banks failed in 2008
2. Due to securities of packaged subprime loans, credit default swaps issued to insure the loans
3. Devolved into a Global Crisis which Resulted in European bank failures
4. Iceland was threatened with bankruptcy
5. Several other banks were rescued by government intervention & acquisitions of other banks
6. Nov Iceland received an emergency loan IMF
7. Oct 8, 2008 Indonesian stock dropped 10%
8. Oct 11, 2008 IMF warned that the world financial system was on the brink of meltdown
9. The house of Representatives began voting on a $700 Billion rescue
2015 Economy
1. The biggest decline in stock since 2011 (10%) China\u2019s Black Mon 8-24-15 drop over 1k points
2. The average 401k person lost on Mon. was $3k
3. The sell off began with China\u2019s weakening economy, spread to Europe, Asia and now USA
4. Fear of a sharp slow down in China\u2019s economy then China lowered their interest rates