PREDICTIONS-
1-
Will states revolt against Supreme Court?
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This past week we saw 2 rulings from the court-
in the ‘Obama- care’ ruling- regardless of your view on healthcare- the court
rejected the actual language of the law [for the 2nd time] and
instead interpreted the ‘intent of congress’ in its ruling.
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Many say the court does not have the power to
‘interpret’ the intent of a law. They see this as judicial activism.
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In the gay marriage ruling- many [even chief
justice John Roberts] said the court ‘found’ a right to marriage- that is not
in the constitution.
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Whatever your view on gay marriage- many states
have actually passed laws banning it- and to these states- they see the court
as making its own law [or finding a constitutional right- that is not there].
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It’s possible that some of these states will
finally challenge the court- rejecting the view that the Supreme Court actually
has the power to override states authority.
2-
Economic crisis will not go away.
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The present Greek crisis is a microcosm of bigger
things to come- central banks have kept interest rates too low- for too long.
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The ‘growth’ in the stock market has not
represented true growth in the economy.
-
It was simply a result of central banks
‘creating’ money.
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This is not real economic growth- the system has
to ‘flush’ itself out- and we have been experimenting with the low [or zero]
interest rate policy- thinking maybe it will work.
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It will not- and because this policy has put off
the inevitable- when it finally hits- it will be much worse the if they let it
happen sooner.
3-
China shakes
-
This weekend the Chinese markets were rocked-
and financial advisors are trying to say it’s an isolated incident-
-
They are wrong- in the beginning of the year
many advisers put their hopes on the Asian economies.
-
Yet the signs showed that China was in a bubble-
all the data pointed to this.
-
Yet- many simply tried to paint a picture that
we are in a recovery- and we are not.
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True unemployment for the U.S. is closer to 30
percent- yet we have ways to make it look like it’s around 5 percent.
-
You can fudge these numbers for so long- but
eventually it will catch up.
4- ISIS is not going away-
These past few days we saw Isis
attacks in 3 different countries-
It is only a matter of time before
we see something happen again in the U.S.
Now- as Christians we are not to
fear- but we are also supposed to be able to see the ‘signs of the times’.
Many do not want to see the writing
on the wall- because their hopes are in ‘this world’.
I have not said these things based
on any ‘bible prophecy’ type view- but to be honest- there are many ‘prophecy’
type people who are saying these things as well.
I’m simply giving you the real time
view of where we are at.
I have said from the start of the
year that I think we are going to be rocked this year-
If I am wrong- great.
But I can’t see how all of these
things happening at once cannot have a very bad outcome.
The U.S. has been trying to put the
best face as possible on these things- and in some cases has manipulated
numbers to give a false view of security.
It is obvious- many have said this
for a long time now.
These past few days were simply the
inevitable showing up- things that some have said were indeed going to happen.
Let’s see what the next few
weeks/days will show us.
But even in the best case scenario-
we are in a global downturn- and we should be aware of it.
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