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Yesterday I wrote about September 11 in past years, showing that this is another watch date coming up. What I did not bring up is that the banks nearly collapsed on September 11, 2008 when Lehman Brothers went bankrupt, along with Fanny Mae, Freddie Mac, and AIG, the insurance giant. So this makes September 11 a financial watch date as well.
In September 2008 I was in Capetown, South Africa on a speaking tour, so I had to watch this news from afar.
The Twin Towers demolition in 2001 involved buildings, but this was also a financial event, since they were the Trade Towers.
I suspect that in 2022 we may well see another sign of financial turmoil on September 11. It may just be a small event—seemingly insignificant—or perhaps it will be dramatic. Regardless, I will be watching that day for some sort of financial sign.
In my perspective, I see 2022 as a year directly linked prophetically to the year 2001 on a 21-year cycle. We have been talking about this since the beginning of the year. Most of the spiritual battles that we fought in 2001 (as well as 1984’s Ye Shall Go Forth prayer campaign) have been impacting us in 2022.
In 2001, the long series of prayer battles reached a crescendo on November 1-14 in the prayer campaign called Entering the Millennium of Rest. Recall that the first half of this prayer campaign was called Ye Shall Surely Perish, which involved a divine court case against Satan himself. Because of this, I think November 2022 will be the most significant time to watch. Yet I think also that events will start in September and build from there into November.
By the end of 2022 or early 2023 we could see some very significant changes in the world. Financial upheavals always lead to political changes or disruptions.
A lesser known financial event also took place on September 11, 2019 when the repo market began to show signs of illiquidity in the banking sector. Banks have to balance their books each night, and if they were short of cash, they normally borrow from another bank on an overnight loan. The next day they pay it back, but if they are short of cash the next night, they have to borrow again.
In 2019 the banks began to freeze up, meaning that banks began to refuse to lend to other banks who were short of cash. Banks that needed cash had to borrow from the Federal Reserve instead. As the days and weeks passed, the repo market reflected an increasing shortage of cash until it finally hit a trillion-dollar shortage. The problem has not yet been resolved, according to Gregory Mannarino, who is warning of bank illiquidity.
Mannarino does not know when the banks will freeze up. He may be sounding the alarm a bit too soon, but I will be looking for a possible problem to emerge on September 11. Banks have many band-aids to use in fixing their problems, so they may find another one to use this month. Yet I think that we are starting to reach the point where a banking crisis could happen in the next few months.
According to some prophecies from the past, the euro will crash about 2 weeks before the dollar. If that is so, the crash of the euro would be the signal to get ready for a similar problem in America and wherever dollars are used. Those who have a lot of cash in the banks would start looking for safe havens, such as gold and silver or land.
Of course, the vast majority of the people have very little money in the bank and have little to lose. Nonetheless, bank closures would affect them too.
I listen to what many people say, but this is not my field of expertise. What I bring to the table is a knowledge of prophetic watch dates, some of which deal with financial and banking issues. So I cannot give anyone financial advice. Just keep in mind that we are living in the season of Babylon’s fall and that this will affect financial markets and world trade (Revelation 18:19).
This judgment is not directed at you but is, instead, the result of answered prayer. Out of the turmoil upon the Babylonian system will come a new order of the Kingdom. However, I believe there will be a transition between the old and the new system that will be a gold-backed monetary system that is yet regulated by carnally-minded people. This will be better than the current fiat system, but not yet fully based on the laws of the Kingdom.
It appears (from my perspective) that the BRICS nations, led primarily by Russia and China, are about to set up a gold-backed reserve currency that will compete directly with the dollar (and the euro). This new gold standard is probably the factor that will cause turmoil in the fiat system.
At some point, the western governments (and banks) will no longer be able to suppress the price of gold and silver. When they lose control of it, then fiat money will drop in value, and it will take a lot more fiat to buy gold and silver—and other things as well. In such times, the most valuable thing in the world will be your faith and relationship with God. The second most valuable thing will be the knowledge of the divine plan, which is the essence of prophecy.
That is the essence of what God’s Kingdom Ministries attempts to instill through our teachings.