2012 is the year when the Sun Sets on America's Golden Age. John Paul Jackson Explains the Economic Storm here and still coming. See what's in store for 2012 and more.
The euro is going to evolve into another currency. There are things going on right now to provoke that to happen. There is corruption that is going to be exposed in the banking system in a couple of European countries. I’m strictly going on what the Lord has shown. I believe the turmoil could come across the Atlantic to the US. I believe there are countries that will opt out of being in the European market like a last day scenario of biblically prophetic centric this will cause damage to struggling economies. The situation worse than Lehman Bros. George Soros, via NY Times says that this (Euro) has the potential for being a lot worse than Lehman Bros. Siting the lack of an authoritative pan-European body to handle a banking crisis of this severity. The Lord spoke to me about a “true community.”
I’m not a stock picker at all. I know what God tells me & what he doesn’t tell me. I know this from the Lord, there are those trying to keep the stock market propped up every way possible. Not allowing it to rise too much or fall too much, that’s their efforts. But when the Euro begins it’s collapse or it’s demise. I have to be careful when I say this but, I didn’t see it totally disappear, I saw it transform. It collapsed & then transform. So when that happens, the stock market here will be in grave danger. This will probably happen in 2012, I’m surmising it will probably happen in 2012 and that great change will be happening & powers of a new system are already at work on that new system
There will be deeper bank problems especially complicated by a cyber attack that is coming. Make sure you copy everything you owe like house and car payments to prove you paid them. The euro will fall significantly. France and Germany corruption or something will be exposed and they will leave the EU which will cause a new alliance and system to form. In May of 2008, stocks were 13,000 and are now about 11,000 – they are propped up for a while till next year then will be lower.
THE FINANCIAL ISSUES ARE GOING TO GET MUCH, MUCH WORSE.THE EURO IS GOING TO END UP COLLAPSING AND THE DOLLAR WILL NOT BE FAR BEHIND IT.IT WILL BE A MATTER OF WEEKS BEFORE THE DOLLAR ENDS UP FOLLOWING SUIT WITH THAT. PEOPLE NEED TO GET OUT OF DEBT, THEY NEED TO GET THINGS PAID OFF. BUT THE KEY IS, YOU NEED TO GET IN RIGHT RELATIONSHIP WITH GOD. IF YOU’RE CLOSE TO GOD, YOU’LL HEAR WHAT HE HAS TO SAY.WE ALL NEED TO GET CLOSER TO GOD TO HEAR WHAT HE HAS TO SAY
A Coming Gold Price Surprise- HAPPENING ALREADY, RIGHT NOW!!
I saw that it was approaching $2000 per ounce & it could go higher. I actually doubt that it will go higher. I think it will stay about the same as the stock market is. The stock market will be propped up and gold may trend lower at some point stocks are going to dramatically drop & then it will skyrocket past $2000. The question is who will own it if skyrockets past $2000. I don’t have the answer for that. I do know it’s going to plunge the Lord told me it goes up to $2000 range & dramatically drops. It’s that drop, and it’s seesaws back and forth for 6 months or so and appears like the Lord was wrong so I really want to convey what the Lord gave me & that is when it starts dropping that it would dramatically drop & I’ll have to it at that. I’m trying to keep the integrity of the word the Lord gave stays intact and not make it more than he said.
Gold is currently $1,764 per ounce it has doubled and will go much higher. Men will discourage people from buying it to make prices drop so that they can make the money. As it crosses over $2,000 be careful keep it no matter what valley, it will drop but wait , it will exceed and go much higher.
The gold is going to dramatically increase in price. Not all gold is gold. There is gold in the U.S. Treasury that is not gold. It has a gold covering, but underneath it, it is not gold.
I saw crime increasing for several reasons. One, economically because there are so many people unemployed. We’re at double-digit unemployment. And I’ve been talking about as high as over 12 percent unemployment before it’s all said and done. And that was way before, you know, at that time it was 4.5 percent, I believe, when I started talking about. But I also saw unemployment because of the economic decisions that are going to be made. I also saw the food shortages further harming the unemployed because food will be so expensive they couldn’t afford to get it. And so then, you end up seeing people actually robbing food trucks that would carry food to grocery stores. And when they would come and there would have to be armed guards riding the food trucks in order to keep the food truck waylaid or hijacked. One of the plans of the enemy–There’s going to be fear because of just God saying, “I’m God, you’re not,” and one of return of the fear of God to the church, first and foremost, and then to the nation. But one.
The 700 billion dollar bailout is not over with, watch out for the later part of 2009.
The continued decline of the stock market, jobs, housing, manufacturing, service, banking and financial institutions.
As the water table of economic stability decreases many rocks will be exposed. What do I mean by that? There are many problems that are now hidden and as the troubles continue and the economy drops, these matters will be exposed.
States Face Financial Crisis – A recent study by The Center on Budget and Policy Priorities revealed that 41 states are facing severe budget shortfalls for 2009. Some states are worse off than others, with California ($31.7 billion) and Florida ($5.1 billion) leading the deficit pack. In all, the 41 states are currently facing a $71.9 billion budget shortfall. The key word here is “currently.”
Deflation/stagflation/inflation/hyperinflation – all these will occur on the heals of each other. What intervention factor will start the flow of the absolutely unsterilized $8.5 trillion dollars of liquidly into the business section? The answer is significant ‘fiscal stimulation’ through Quantitative Easing (aka wild-money printing). It will trigger the dollar’s demise by inflation of the dollar.
When road, schools, special education, music, athletic, teacher’s salaries, the no child left behind, road building and local infrastructure building providers are granted Federal contracts with Federal guarantees of borrowing, they go to the bank. Why bank against a Federal fiscal stimulus contract or guarantee will fail to lend up to 90% of the required funds? That will open the barn door of liquidity. This is followed by inflation then hyperinflation (a currency event not an economic event) all this in the midst of a deep recession.The answer to that question is also easy: $8.5 trillion in government bailout.
Social Security and other retirement accounts will become of little value.
The USA will bring most of it’s troops home to save on finances.
- John Paul Jackson