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America Is Quietly But Quickly Heading Into A Financial Crisis In The Banking Sector And A Recession In The Economy As Turmoil Rises

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It appears that 2023 could be remembered as the year that marked the beginning of a new financial crisis as the banking system is insolvent here is Phase II of the Great Reset

I live here in Florida in America’s oldest city, Saint Augustine, a gorgeous little place where they film Hallmark Movies and to where millions of tourists flock to every year. Southern Living Magazine just named Saint Augustine the best small town in the south, it’s a great place. But spend a little time here and you will see how crazy expensive things are, rents have doubled, mortgages skyrocketing if you can get one, a cheeseburger, fries and a drink is $20, and none of these things have anything to do with how popular Saint Augustine is. In just about one year’s time, everything went nuts and it’s happening all over the country. This was all planned.

There is a crying for wine in the streets; all joy is darkened, the mirth of the land is gone.” Isaiah 24:11 (KJB)

Make no mistake about it, as we have told you before on the Podcast, we are in Phase 2 of the Great Reset, and in this phase the banks are being taken over so a digital currency can be brought in. In the article below you will see how many banks have already failed, with many more on the way, and how there is right now runs on the banks not seen since the Great Depression. But all this may not be the worst of our problems. In Russia, Putin survived an assassination attempt on his life by a Ukrainian drone that exploded over the Kremlin, and he is vowing revenge. Nuclear revenge.

Yes sir, 2023 just may be the year. 23 Skidoo!!

Banking bailouts won’t prevent a financial crisis

FROM UNHERD: When Silicon Valley Bank and Signature collapsed in March, optimists argued that this was an idiosyncrasy driven by the banks’ large holdings of startup deposits. Shortly afterwards, when Credit Suisse fell, Americans shrugged it off as a foreign bank. With the bailout-buyout of First Republic by JP Morgan over the weekend, the prospect of a general banking crisis is being taken more seriously by the markets.

Earlier this week there were sell-offs in multiple bank stocks. PacWest tanked 42%; Western Alliance plunged 27%; and Metropolitan Bank fell 20%. Comerica and Zion Bancorp followed the pack, both down nearly 10%. The KBW regional banking index, which tracks smaller regional banks, fell 7%. Markets are finally waking up to the fact that a large portion of the banking system is potentially insolvent — around half of it, by some measures.

The banking system is insolvent due to reckless central bank policy. Following the last financial crisis in 2008-09, central banks engaged in wild monetary experiments including quantitative easing (QE), which drove interest rates down to record lows. It is debatable whether these experiments had much of an impact on economic growth, but they certainly led to extreme overpricing in asset markets. QE juiced almost every financial market, from the stock market to the housing market to the market for used luxury watches. With the wave of bank failures, these markets will now likely experience heavy losses.

The bank failures themselves not only drove up the price for risky assets like those just mentioned, but also the price on riskless assets. Investors typically identify certain assets, like government bonds, as relatively lacking in risk. Governments print money, after all, so they can always pay back their loans. This means that banks feel comfortable holding large amounts of these riskless assets, and regulators are happy to let them.

But the QE policies have turned these riskless assets into risky assets. By driving interest rates on government bonds down substantially, the central banks have made these bonds sensitive to increases in interest rates. With central banks now raising rates to try to stamp out inflation, the price of these assets is falling off a cliff.

The losses have spooked depositors, who are now heading for the exit. Data shows that in the past few weeks we have seen the biggest run on deposits since the beginning of the Great Depression. So far, this has mainly impacted the smaller, regional banks. Those holding deposits at these banks that are larger than the Federal Deposit Insurance Corporation (FDIC) limit of $250,000 are scared that the bank will collapse, and that they will lose their money. When the depositors take the cash and run, the bank soon collapses.

The recent use of bailouts and assisted buyouts may become increasingly difficult as more banks come under pressure. The only solution then will be to guarantee all deposits in the banking system.

Doing this, however, would be tantamount to the Government giving a blanket guarantee to all holdings of capital. With such a free insurance policy in place, investors could take as much risk with their investment as they saw fit — after all, if the investments go bad, the Government will pick up the tab. Economists call this problem “moral hazard”.

Yet, even then, the damage to the economy has likely already been done. Credit standards are now tightening rapidly, meaning that lending to the real economy will soon seize up. Consequently, businesses will pull back on investment and people will stop buying houses. At this point, unemployment should start to creep up as layoffs start in the construction sector. A recession should follow in short order — likely accompanied by a full-blown crisis.

The long-term legacy of this situation could be a partial socialisation of the banking system, though. After the last financial crisis, central banks around the world engaged in an unprecedented monetary experiment. The impact of this experiment on the real economy was uncertain at best, and past a certain point the central banks appeared to be doing the QE policies just to demonstrate that they could. But these policies had costs, and we are now seeing those chickens come home to roost. Just don’t expect mea culpas any time soon from the people in charge. READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

Please continue to pray for us, and for wisdom for me especially, as we continue taking steps to print the NTEB branded King James Bible for our free Bible and Bibles Behind Bars program. It is exciting and intimidating at the same time. If the Lord has prospered your financially, we ask you to donate to help us continue to send out free Bibles at this level, and even higher than we are at the moment. It takes a lot of prayer, and a lot of resources to do all this. Praise the Lord we are doing it, all of us together, labouring in the Lord’s harvest field. TO THE FIGHT!!!

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

End Times

In A Humiliating Setback For The Kingdom, Crown Prince Mohammed bin Salman Is Forced To Drastically Scale Back Plans For The Futuristic City Of NEOM

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Crown Prince Mohammed bin Salman of Saudi Arabia has been forced to scale back its $1.5 trillion plans for NEOM, a 106-mile linear desert megacity, in a humiliating climb down for the kingdom.

You know, it’s hard to be a dystopian end times dictator bent on world domination these days, just as Crown Prince Mohammed bin Salman over in Saudi Arabia now knows. We told you back in 2022 the plans that the Crown Prince had to build his futuristic city called NEOM. NEOM consists of  THE LINE, OXAGON, TOJENA and SINDALAH that would all be the premier representation of the 15-minute city that Klaus Schwab and United Nations want us all to live in. But as Adolf Hitler before him found out, building a kingdom is really hard work, and very, very expensive, even of you’re the Crown Prince of Saudi Arabia.

“For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it?” Luke 14:28 (KJB)

But fret not, these cities absolutely are coming, just as everything else we have been threatened with surrounding the United Nations 2030 Agenda is coming. The people who control the technology control the future, and we have already signed on for the technology part. Remember life before the internet? Not so many people do anymore, and besides, as much as we rail against the ‘electronic leash’ of our mobile smart devices, is anyone going to get rid of theirs? No. They are not. We have melded ourselves together with technology, and as we’ve long told you, it’s a 3-step process. First they got us in front of the computer, 1994 – 2007, then they got the computer on us, 2007 – present day, the third and last step according to Revelation 13 will be the computer inside of us. This setback is but a mere ‘blip on the radar’ for Crown Prince Mohammed bin Salman and his city of NOEM, his day is coming soon.

Humiliation for Saudi Arabia as it’s ‘forced to scale back $1.5trillion plans for 106-mile-long city The Line to just 1.5miles with workers already being laid off at desert construction site’

FROM THE DAILY MAIL UK: The Line – part of the country’s audacious and futuristic NEOM project – was meant to be home to around 1.5 million residents by the end of the decade, with plans to ultimately increase its full capacity to nine million people.

Now, according to people familiar with the project, the development will only stretch 1.5 miles and house fewer than 300,000 residents by 2030, according to a new report from Bloomberg citing sources close to the project and documents.

As a result of the reduction to the construction of The Line, at least one contractor has started dismissing workers it employs on the site, the publication has said.

Stunning concept images released by the kingdom in 2022 showed a vast, mirrored structure cutting through the desert near crystal blue ocean waters. It is one of fifteen developments that form the country’s NEOM project – which also includes an industrial city, ports and tourism developments – that have been gradually announced by the kingdom since 2021.

But The Line was the jewel in Crown Prince Mohammed bin Salman’s ‘Vision 2030’ project, which was set in motion to diversify his country’s oil dependent economy, as well as its society and culture, and improve the image it projects on the world stage.

The Kingdom said the project, which is expected to cost $1.5 trillion, would be an ‘unprecedented living experience’ that preserves ‘surrounding nature’. The megacity was to feature two parallel skyscrapers extending across a swathe of desert and mountain terrain, with mirrored facades on the outside.

Saudi officials said it would be built in stages, and would eventually cover a 106-mile stretch of desert along the coast in the western Tabuk province – with its Western tip pointing out over the Red Sea towards Egypt. However, Bloomberg reports that these plans have now been dramatically scaled back – with the 106 mile structure being reduced to just 1.5 miles – a more than 98 percent decrease in size. READ MORE

NEOM and THE LINE in Progress – February 2024

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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End Times

In An Amazing Coincidence, The Pentagon Declassifies And Releases Documents Of A Nuclear Attack Very Much Like The Ending Of New Obama Civil War Movie

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The day of nuclear Armageddon: Newly declassified documents reveal in macabre minute-by-minute detail what the end of the world would like, just like in Obama movie ‘Leave The World Behind’

In the closing scene of Barack Obama’s civil war movie ‘Leave The World Behind’, there are two things taking place. The first and main thing is we see 2 of the movie’s characters standing in the woods of Long Island at the water’s edge, watching nuclear bombs exploding over New York City. Bombs launched by the US military on the American people. The second and more arcane thing is we watch a young girl in the safe room of an abandoned mansion watching the last episode of ‘Friends’ on DVD. Took me quite a little while to puzzle that one through, but I think I got it.

And Jesus said unto him, Friend, wherefore art thou come? Then came they, and laid hands on Jesus, and took him.” Matthew 26:50 (KJB)

In the movie, produced and co-written by former 2-term president of the United States, (and current president from the basement) Barack Hussein Obama, we are watching civil war conducted by the American government against its citizens, you and me. The movie leaves us with the little girl watching the last episode of ‘Friends’ to tell you that the bombs were dropped by our ‘friends’ in the government we elected to keep us safe. Civil War III. This is predictive programming at its razor-sharp best, and yes, the joke is on you. Ba-boom! 

Consider this. The first civil war ever fought in America happened in 1776, what we call the Revolutionary War. Yes, Americans fought against the British, but those British were our blood brothers and sisters. It was the Loyalists against the Patriots from the same families who were divided, America was an English colony. Benjamin Franklin worked for the American Patriots, his son William, a Loyalist for the Crown, fought and killed Americans. How crazy is that? America’s second Civil War happened in 1861 between the North and the South. Ever notice how God does things in three’s? I have, and you can bet your bottom dollar the third American Civil War is not only ‘on deck’, but walking to the stage as you read this.

A nuclear strike on the Pentagon is just the beginning of a scenario the finality of which will be the end of civilization as we know it.

FROM THE DAILY MAIL UK: This story, of what the moments after a nuclear missile launch could look like, is based on facts sourced from exclusive interviews with presidential advisers, cabinet members, nuclear weapons engineers, scientists, soldiers, airmen, special operators, Secret Service, emergency management experts, intelligence analysts, civil servants and others who have worked on these macabre scenarios over decades.

As the plans for General Nuclear War are among the most classified secrets held by the US government, the scenario postulated here takes the reader up to the razor’s edge of what can legally be known. Declassified documents, obfuscated for decades, fill in the details with terrifying clarity.

Because the Pentagon is a top target for a strike by America’s nuclear-armed enemies, in the scenario that follows, Washington DC gets hit first with a one megaton thermo-nuclear bomb. ‘A “Bolt out of the Blue” attack against DC is what everyone in DC fears most,’ says Andrew Weber, former assistant secretary of defence for nuclear, chemical and biological defence programmes. ‘Bolt out of the Blue’ is how US Nuclear Command and Control refers to an ‘unwarned large [nuclear] attack’.

This strike on DC initiates the beginning of an Armageddon-like nuclear war that will almost certainly follow. ‘There is no such thing as a small nuclear war,’ is an oft repeated phrase in Washington.

This is the reality of the world in which we live. The nuclear war scenario proposed in this book could happen tomorrow. Or later today. ‘The world could end in the next couple of hours,’ warns General Robert Kehler, the former commander of the United States Strategic Command. A one megaton thermonuclear weapon detonation begins with a flash of light and heat so tremendous it is impossible for the human mind to comprehend.

One hundred and eighty million degrees Fahrenheit is four or five times hotter than the temperature at the centre the Sun.

In the first fraction of a milli-second after the bomb strikes the Pentagon outside Washington DC, there is light. Soft X-ray light with a very short wavelength. The light superheats the surrounding air to millions of degrees, creating a massive fireball that expands at millions of miles per hour.

Within a few seconds the fireball has increased to a diameter of a little more than a mile, its heat so intense that concrete explodes, metal melts or evaporates, stone shatters and people instantaneously convert into combusting carbon. The five-story, five-sided structure of the Pentagon, and everything inside its 6.5 million sq ft of office space, explodes into superheated dust, all the walls shattering with the near-simultaneous arrival of a shockwave. All 27,000 employees perish instantly. Not a single thing in the fireball remains. Nothing. Ground zero is zeroed. READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

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Earthquakes

A Very Rare Earthquake Rocked New Jersey And The Tri-State Area Right Before We Started Today’s Podcast About The Crazy End Times We Live In

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A rare earthquake rocked the New Jersey and New York City area Friday morning, swaying buildings and sending terrified residents into the streets, the strongest temblor to hit the Big Apple in 130 years.

If you are still counting along with us, today is Day 1,481 of 15 Days To Flatten The Curve, and each day brings a new appreciation of the end times we live in. As I was preparing today’s Podcast on the possible coming Bird Flu pandemic, news came of a very rare and powerful earthquake rocked New Jersey, and it was felt in New York City and all the boroughs as well. My good friend and brother in the Lord, Pastor Dave, texted me while we were on-air and said this “I’ve never felt anything like that before went on for a good 20 seconds here at work the whole building shook, sounded like a explosion or freight train coming through. Crazy!” I can’t think of a better way to describe it than that. Crazy.

“This know also, that in the last days perilous times shall come.” 2 Timothy 3:1 (KJB)

Christian, are you still on the sidelines after all this time, what are you waiting for? As the never-ending torrent of bad news continues to assault people’s minds and spirit on a daily basis, we who are saved have been charged with being a witness of the death, burial and resurrection of Jesus Christ. Why don’t you purchase a dozen copies of the excellent witnessing tool “What Must I Do To Be Saved?” by end times author Dr. Bill Grady, and hand them out where you live. You have been called to the fight, so let’s get to it!

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Magnitude-4.8 earthquake rocks New Jersey, NYC, tri-state area

FROM THE NY POST: City officials quickly warned people of the danger of potential aftershocks — which already began in the early afternoon in New Jersey, a report said. The preliminary 4.8-magnitude earthquake struck near Lebanon, NJ, around 10:23 a.m., the first time a major tremor hit the area since 2011, according to the US Geological Survey.

“I was doing my morning reporting, and this safe in my office, that’s a ton, starts shaking. The whole room is shaking,” said Monique Horton, who works at the Balmain store on Madison Avenue in Manhattan. “I was just freaked out. Scary, really scary. I’m a New Yorker, my whole life, 36 years, never seen anything like it.”

At the United Nations in Midtown Manhattan, a Security Council address on the Israel-Gaza conflict was interrupted as cameras began shuddering.

The Federal Aviation Administration told airlines to expect flight delays in and out of the Big Apple because of the quake. Some flights bound for New York had already diverted to other airports, according to FlightAware.

US Geological Survey figures indicate the quake might have been felt by a staggering 42 million people.

“This is one of the largest earthquakes on the East Coast in the last century,” Gov. Kathy Hochul said.

The last time an earthquake with a magnitude close to, or above, 5 struck near New York City was back in 1884, the USGS said. That quake appeared to have been centered in Brooklyn. READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Continue Reading

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