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Mar 17, 2023

The Fed balance sheet suddenly increased nearly $300 billion

Category: News

https://www.zerohedge.com/markets/fed-balance-sheet-explodes-300bn-bank-bailouts-lead-record-discount-window-surge In the week ended March 15, borrowings under the Fed's deeply stigmatizing last-ditch liquidity facility, the Discount Window, explode… Read Full Post

Mar 17, 2023

Bank bailouts spread contagion

Category: News

Yesterday, March 16, Credit Suisse was bailed out by the Swiss National Bank with a loan of nearly $54 billion. https://www.forbes.com/sites/siladityaray/2023/03/16/credit-suisse-borrows-54-billion-to-shore-up-liquidity-after-shares-touch-record-low/?sh… Read Full Post

Mar 16, 2023

What is Baptism?

Category: Bible Studies

The word baptism is derived from a Greek word, baptisma. In the Old Testament, the Hebrew word is usually tabal, “to dip,” as we see in Leviticus 14:6, 16, and 51. The Septuagint, which is the Greek translation of the Old Testament, renders tab… Read Full Post

Mar 15, 2023

What is Blasphemy against the Holy Spirit?

Category: Bible Studies

All sin is reckoned as a debt. Jesus came as a Redeemer to redeem us from sin-debt. However, not all are redeemed in their lifetime, for redemption is for those who accept Christ prior to the Jubilee. The majority of humanity—and creation itself&mdas… Read Full Post

Mar 15, 2023

Financial contagion spreads to Europe

Category: News

https://www.cnbc.com/2023/03/15/credit-suisse-shares-slide-after-saudi-backer-rules-out-further-assistance.html Shares of Credit Suisse on Wednesday plunged to a fresh all-time low for the second consecutive day after a top investor in the emba… Read Full Post

Mar 13, 2023

Ministry news from Pakistan

Category: Ministry News

Our pocket size book, The Sons of God, has been published in the Urdu language, but I did not know the circumstances until today. As you probably know, the idea that God has a Son (and even a multitude of sons) is very offensive to Muslims, who see this as… Read Full Post

Mar 13, 2023

Bank pandemics are contagious

Category: News

When the Fed raises interest rates, one would think that the banks would benefit from this, seeing as how they are then able to charge more interest on their loans to the public. But this is not necessarily the case. Take Silicon Valley Bank as an example… Read Full Post

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