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Yesterday the Federal Reserve raised interest rates another .25% to its highest point in 16 years.
It is determined to collapse as many banks as possible in order to make its new CBDC system the only alternative in America. Jerome Powell knows what he is doing, but he is just a servant of invisible bosses who hope to retain power during this transition from the old system to the new.
The rate of bank collapses is greatly increasing this month (May). I expect to see perhaps a half dozen collapses in the next few weeks. PacWest shares are down nearly 60% today.
https://finance.yahoo.com/news/pacwest-moves-calm-market-60-053127958.html
The same is true for Western Alliance Bancorp.
In Canada, the deal from last February for Toronto Dominion to buy First Horizon fell through, causing First Horizon’s shares to drop by 39% and with little option than to simply close its doors.
Even the Central Bank of the United Arab Emirates (in Dubai) is in serious financial trouble. Dr. Jim Willie wrote about this in his latest Hat Trick Letter. My other sources confirmed this. Their financial difficulties forced them to claim that all is well.
Of course, we know that no bank is going to say anything different until they actually collapse. All banks are “robust” until the day they collapse. But I believe the UAE Central Bank will indeed survive and prove to be “robust,” because they have moved away from the USA alliance toward the expanding BRICS alliance.
This collapse, however, is going to hit America and its allies harder than the rest of the world. To be an ally of America means, essentially, that those allies must go along with the plan to collapse the entire system and move to a CBDC cashless society. But there is a way out, because the BRICS countries have a different plan. They are implementing an asset-backed currency system. Watch for a multitude of other countries to flip from being America’s allies to joining the BRICS alliance.
Even the BRICS countries must change to a new system, as the old world order is collapsing. So they too will suffer some growing pains, but in my view, their asset-backed system will survive the test of time. I do not think that America’s CBDC system will survive for long. The main reason is that America is in decline and has been steadily losing its power and influence for the last 20 years—ever since they began seriously weaponizing the dollar and the SWIFT system.
In 2008 America’s banking system nearly imploded with the Lehman Brothers crisis. Out of that came the BRICS alliance (2009) and also blockchain technology (2009). These two events were the foundations of the two competing systems today. The central banks of the BRICS nations will find sufficient financing; America’s banks will not (until later, when hyperinflation forces them to admit failure). So it is doubtful if any depositors will lose money. The problem is that their money will buy fewer goods and services.
Going back a few years, it is clear that the C. plannedemic was designed to shock the economy and send it into the freefall that we are seeing in 2023. Yet whether or not this was done deliberately or not, the result is the same. Forty percent of all the Federal Reserve Notes ever printed were printed just in the past few years. That is the surest sign of the end of the system.
As believers, we have foreseen this day from afar, back in the days when such insight was seen as “conspiracy theory.” Until now, we have largely lost the argument, as only a few people could see where this was heading. But now it is out in the open, and our conspiracy theory has turned out to be true after all.
I write about these things because the financial system is directly tied to Mystery Babylon, and we ought to watch this in order to know how Babylon is falling. History is fulfilled prophecy. Those who do not know history will be frightened when the shaking takes place in the transition from one age to another. Knowledge helps us to be prepared; ignorance can be frightening.
The overall truth to remember is that while men make plans, God laughs at their plans. He overrules them at will. If you want to know the future, read the Bible (with understanding). See what is prophesied. Know that the Babylonian mandate has run its course, and that because the Babylonians refused to declare a Jubilee (Jeremiah 50:33, 34), God has given the Dominion Mandate to the saints of the Most High (Daniel 7:21, 22).
Those who have been schooled in the Futurist view of the book of Revelation tend to think in terms of a catastrophic end of the age, which makes it necessary for God to arrange a great escape (“rapture”) in order to save the church. That view is unfortunate, because it ignores the fact that Babylon fell intact with no great destruction of the city or its walls. Its capture instituted a change of management from Belshazzar to Cyrus, the type of messiah (Isaiah 45:1).
The Babylonian debt-slavery system will be cast out and destroyed, of course, but the city itself saw only one casualty on the official biblical record (Daniel 5:30). Belshazzar was upper management of Babylon. His modern counterparts too will be replaced, as most of them are unrepentant Satanists.
So continue to pray into this prophetic situation, and have faith that God will protect you and care for you. Always remember that God’s judgments are directed against Mystery Babylon—not upon you—and remember Psalm 91:7, 8, 9, 10,
7 A thousand may fall at your side and ten thousand at your right hand, but it shall not approach you. 8 You will only look on with your eyes and see the recompense of the wicked, 9 for you have made the Lord, my refuge, even the Most High, your dwelling place. 10 No evil will befall you, nor will any plague come near your tent.
Believe also Jesus’ words in Luke 21:28,
28 But when you see these things begin to take place, straighten up and lift up your heads, because your redemption is drawing near.