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11/21/2024 - David was a man of war; Solomon was a man of peace. David was allowed to make preparations for the... Read More
11/20/2024 - A few days ago, America’s war against Russia (and the Russian people as a whole) escalated t... Read More
11/19/2024 - Empires have now been replaced by hegemons, largely because nations no longer want to give the app... Read More
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View Full Video ListFirst time here, and don't know where to start? No worries, we got you covered.
We have taken the five ministry gifts (Evangelists, Pastors, Teachers, Prophets, and Apostles) as an outline for the courses of Bible study in this School.
Our purpose is to equip those who are ministering with a knowledge of the Word, so that each will be more effective in fulfilling his or her calling.
Learn MoreSometimes it is difficult to separate the advertisement hype from actual reality, but here is what Mike Larson is saying about a deadline, November 17, 2008:
Speaking at MIT, legendary hedge fund manager George Soros just dropped a huge bombshell: Up to two-thirds of the world’s 10,000 hedge funds — massive investment pools with $1.9 trillion in assets — will FAIL in the weeks ahead.
If he’s right — and if anybody should know, it’s Soros — up to 66% of those $1.9 trillion will soon be dumped onto the market and deal a near-fatal blow to stock investors worldwide.
Soros has every reason to worry: Hedge funds are highly leveraged. They’re reeling from the worst financial crisis since the Great Depression. And their investors are losing money hand over fist.
Imagine paying high management fees and forking over the minimum investment of $1 million or more — and then LOSING nearly 16% of your money in ten short months — all with an investment that was supposed to HEDGE against risk or even profit in bad times.
And that’s just the average — many funds are faring even worse: Farallon Capital Partners has lost 24% of investors’ money. Investors in Citadel’s flagship hedge fund have kissed nearly 40% good-bye!
And returns are NOT improving: In September and October alone, the average hedge fund investor lost a staggering 11.4% — an estimated $216 billion!
Unsurprisingly, hedge fund investors — including many of the nation’s largest pensions and universities — are wounded, bleeding and stampeding for the exits, demanding that these funds return what’s left of their money.
But as a rule, hedge funds only allow investors to ask for redemptions once each quarter. Many of them require that investors who want their money back must ask for their redemptions before November 17: THIS SUNDAY.
These hedge funds will then have just 45 days to raise the cash needed to repay investors before yearend. So beginning next Monday, many of these huge funds will have no choice but to dump assets to repay their investors!
The handwriting is on the wall:
http://images.moneyandmarkets.com/1151/87963.html
He may just be crying wolf, of course, but it is something to watch. Watch and see if the hedge funds begin to fail. If they do, keep in mind that it would mean another steep downturn on the stock market. The market is already down a long way, and if it goes down much further, it could easily turn into a classic "panic."
Perhaps it is somewhat prophetic that he mentions "the handwriting is on the wall." That is a reference to Daniel 5, when the hand appeared writing on the wall of Babylon's palace, telling them of the fall of Babylon.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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