They talk about how the global markets are maybe six months away from crashing. The central banks are already in collapse and are being told to prepare for a major crash.
At the center of the idea is the hundreds of trillions of dollars in derivative funds that cannot be repaid and the national banks aren’t worth a fraction of the money they have on their books. JP Morgan is a leader in the derivative market and it has already began to collapse as last quarter they claimed to lose 2 trillion, which was later said to be more like 15 trillion.
The financial collapse that began five years ago is still underway. The entire system is unsustainable because of the increase in wickedness around the world. The decrease in morality and the culture of moral education around the world over the last 30 years has resulted in leaders that have no education of the value of morality. They are the leaders that run the world banks today.
Enron is a perfect example. They were a great company for many years and then one day someone realized that they had been lying about their books for many years. It became known as the ‘Enron Accounting’ scandal.
The problem with the leaders of Enron is the same problem with most of the financial bankers around the world today. They have traded honesty for short term glory, at the expense of their businesses.
Dishonesty is as the heart of the global financial collapse, just as the good book warned us about thousands of years ago.
“Dishonest money dwindles away” – Proverbs 13:11
Here is the video.