End Times
America Is Quietly But Quickly Heading Into A Financial Crisis In The Banking Sector And A Recession In The Economy As Turmoil Rises
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.
Listen as Klaus Schwab tells Henry Kissinger that it’s time for the New World Order, another name for the Great Reset. pic.twitter.com/qVZsGCdT8r
— Now The End Begins (@NowTheEndBegins) May 3, 2023
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
Here’s why the current banking crisis is very different
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
- HOW TO DONATE: Click here to view our WayGiver Funding page
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 SHORT…TO 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
A Massive Security Fence Ordered To Surround The Capitol As Pretend President Joe Biden Prepares To Attempt The Teleprompter For SOTU 2024
A massive fence will ironically surround the Capitol while President Joe Biden delivers his State of the Union address on March 7, as federal government issues highest possible security level
Oh, the irony! As Barack Obama prepares to give the State of the Union SOTU 2024 speech through pretend president Joe Biden, the federal government has assigned its highest possible security status to the event with a massive security fence having been put up last night. We don’t need walls and fences on our southern border to keep out illegal alien strangers, but we do need walls and fences to prevent the American people from getting too close to the Capitol building. If we are not a nation on the brink of civil war, I’ll eat may hat.
“When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn.” Proverbs 29:2 (KJB)
I won’t be watching the State of the Union address, my King James Bible has already informed me what our true state actually is, we are a drop of a bucket. We already know that the actual president, Barack Obama in his third term, has written the words that will come across Biden’s teleprompter. The only question is can he successfully navigate and deliver those words in a coherent and rational way? I’m thinking not. My heart hurts for the shape America is in in 2024, it’s a hot mess and about to get hotter and messier. In the meantime, enjoy the Third World fence around the capitol of the most-powerful nation on Earth. I wonder if the State of the Union will be addressing that, probably not.
Security fence goes up at Capitol for State of the Union address
FROM GAZETTEXTRA: The Capitol Police Board on Friday approved the installation of the fencing. A security fence went up around the Capitol for last year’s State of the Union speech. The State of the Union is designated as a National Special Security Event, the highest security status the federal government can assign to an event. These are determined by the size, scope and potential threat profile.
We don’t need walls and fences on our southern border, but as it turns out we do need them in Washington. What does THAT tell you about the state of the union? This is the fences going up last night to protect Joe Biden from the American people. #SOTU2024 #StateOfTheUnion pic.twitter.com/GDMvk1TwAr
— Now The End Begins (@NowTheEndBegins) March 7, 2024
U.S. Secret Service spokesperson Anthony Guglielmi said people should expect to see a heavy law enforcement presence around the Capitol complex. He noted that there will be technology, plainclothes officers and support teams.
The agency is working with Capitol Police, D.C.’s Metropolitan Police Department, the FBI, the Federal Emergency Management Agency and dozens of other federal and city agencies, Guglielmi said.
The House sergeant-at-arms led a briefing earlier this week that included representatives from the Pentagon, White House and several other agencies and stakeholders on security preparations for the event, a source familiar with the briefing said. 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
- HOW TO DONATE: Click here to view our WayGiver Funding page
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 SHORT…TO 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
US Power Grid Is Starting To Fail As The Relentless Energy Demands Of Clean Technology, Data Centers, EVs And Crypto Mining Are Pushing It To Blackout
Vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean-technology factories proliferate around the country, leaving utilities and regulators grasping for credible plans to expand the nation’s creaking power grid.
Do you ever wonder if our leaders here in America are really as stupid as they appear to be, making decisions that are absolutely asinine in their totality? Or, is all this a calculated and carefully crafter agenda to bring down our nation in a ruinous heap? Today we ponder our insane rush to clean technology and electric everything while at the same time possessing a power grid that is unable to comply with the demands made on it.
“There is a conspiracy of her prophets in the midst thereof, like a roaring lion ravening the prey; they have devoured souls; they have taken the treasure and precious things; they have made her many widows in the midst thereof.” Ezekiel 22:25 (KJB)
Back in November of 2023, Barack Obama released the dystopian end times movie ‘Leave The World Behind’ which shows you how a nation obsessed with electric vehicles and technology winds up. I might add also that we wind up there because our rogue government has intentionally pushed us to the conclusion, as shown in Obama’s movie. You can’t believe the vast majority of stuff that Obama says, but you can believe him when he shows us America’s future in ‘Leave The World Behind’. Whatever you do, don’t buy into the EV hype, don’t give up your gas stove, and do everything you can to reduce your dependence on electricity as much as possible. The United States power grid is going to fail, only a matter of time.
Amid explosive demand, America is running out of power
FROM MICROSOFT START: In Georgia, demand for industrial power is surging to record highs, with the projection of electricity use for the next decade now 17 times what it was only recently. Arizona Public Service, the largest utility in that state, is also struggling to keep up, projecting it will be out of transmission capacity before the end of the decade absent major upgrades.
Northern Virginia needs the equivalent of several large nuclear power plants to serve all the new data centers planned and under construction. Texas, where electricity shortages are already routine on hot summer days, faces the same dilemma.
The soaring demand is touching off a scramble to try to squeeze more juice out of an aging power grid while pushing commercial customers to go to extraordinary lengths to lock down energy sources, such as building their own power plants.
“When you look at the numbers, it is staggering,” said Jason Shaw, chairman of the Georgia Public Service Commission, which regulates electricity. “It makes you scratch your head and wonder how we ended up in this situation. How were the projections that far off? This has created a challenge like we have never seen before.”
A major factor behind the skyrocketing demand is the rapid innovation in artificial intelligence, which is driving the construction of large warehouses of computing infrastructure that require exponentially more power than traditional data centers. AI is also part of a huge scale-up of cloud computing. Tech firms like Amazon, Apple, Google, Meta and Microsoft are scouring the nation for sites for new data centers, and many lesser-known firms are also on the hunt.
The proliferation of crypto-mining, in which currencies like bitcoin are transacted and minted, is also driving data center growth. It is all putting new pressures on an overtaxed grid — the network of transmission lines and power stations that move electricity around the country. Bottlenecks are mounting, leaving both new generators of energy, particularly clean energy, and large consumers facing growing wait times for hookups. 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
- HOW TO DONATE: Click here to view our WayGiver Funding page
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 SHORT…TO 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
The Tech Titans Control Every Aspect Of Our Global Society From Determining Your News Feed To Electing Leaders, Can Anything Stop Them Now?
The tech titans have created a world that they own and that they control, not knowing that they are controlled by Satan to carry all this out
The headlines today have been shocking as for most of the day a majority of cell phone users have been experiencing a total blackout of service for still unexplained reasons. Federal agencies are ‘urgently investigating’ whether the massive cellular outage that plagued Americans on Thursday was a cyberattack. It brings to mind the dystopian thriller produced by Barack Obama for Netflix called ‘Leave The World Behind’ about civil war and EMP attacks from the government. One thing is for sure, our global society is controlled by technology and the tech titans to such a degree that everything has become a conspiracy. No one believes anything anymore, and they shouldn’t.
“And Jesus answered and said unto them, Take heed that no man deceive you.” Matthew 24:4 (KJB)
Just about every headline I see is about something I don’t like, don’t want and didn’t vote for. I watch tech titans with messianic delusions trying to create a techno-theocracy where they rule as gods, determining what we’re allowed to consume on a daily basis. They lock us down, infect us with gain-of-function viruses and then mandate we receive injections for the ‘greater good’, gaslighting us about ‘slight’ side effects as the casualties mount in the millions. The next president? It will be whoever they pick, and whoever it is you’ll get the same result. Don’t be surprised if it’s Michelle Obama. Playtime is over, they’re not taking prisoners. History is being recast, and this time the Nazis win.
People like Bill Gates, Elon Musk, George Soros, and all the others are working in harmony with a single goal in mind, even if they themselves aren’t aware of it. They are preparing this world to receive Antichrist. Everything new invention they fund and release brings us closer and closer to the Mark of the Beast System. We all dream of seeing people like Bill Gates being brought to trial to answer for their crimes, but they never will in this life. Why? Luke 22:53, “…but this is your hour, and the power of darkness.”
I wish I had better news for you, but I don’t, we are too far along on the timeline and this sin-cursed lost world has an unbreakable date with the coming Antichrist. So in the meantime, stay in the Book, stand against the world system, help us send out Bibles, and preach deliverance to the captives through the shed blood of Jesus Christ while we wait for the Rapture. That’s the memo.
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
- HOW TO DONATE: Click here to view our WayGiver Funding page
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 SHORT…TO 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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