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Archive for January 21, 2011

12 Economic Collapse Scenarios That We Could Potentially See In 2011

January 21, 2011 Comments off



What could cause an economic collapse in 2011? Well, unfortunately there are quite a few “nightmare scenarios” that could plunge the entire globe into another massive financial crisis.  The United States, Japan and most of the nations in Europe are absolutely drowning in debt.  The Federal Reserve continues to play reckless games with the U.S. dollar.  The price of oil is skyrocketing and the global price of food just hit a new record high.  Food riots are already breaking out all over the world.  Meanwhile, the rampant fraud and corruption going on in world financial markets is starting to be exposed and the whole house of cards could come crashing down at any time.  Most Americans have no idea that a horrific economic collapse could happen at literally any time.  There is no way that all of this debt and all of this financial corruption is sustainable.  At some point we are going to reach a moment of “total system failure”.

So will it be soon?  Let’s hope not.  Let’s certainly hope that it does not happen in 2011.  Many of us need more time to prepare.  Most of our families and friends need more time to prepare.  Once this thing implodes there isn’t going to be an opportunity to have a “do over”.  We simply will not be able to put the toothpaste back into the tube again.

So we had all better be getting prepared for hard times.  The following are 12 economic collapse scenarios that we could potentially see in 2011….

#1 U.S. debt could become a massive crisis at any moment.  China is saying all of the right things at the moment, but many analysts are openly worried about what could happen if China suddenly decides to start dumping all of the U.S. debt that they have accumulated.  Right now about the only thing keeping U.S. government finances going is the ability to borrow gigantic amounts of money at extremely low interest rates.  If anything upsets that paradigm, it could potentially have enormous consequences for the entire world financial Read more…

We told you so: government gearing up to go after churches

January 21, 2011 Comments off

Sen. Charles Grassley, R-Iowa, has asked the Evangelical Council for Financial Accountability to head an independent commission that will obtain feedback about the financial practices and oversight of churches and religious groups nationwide.

The goal is to help determine best practices and changes that encourage compliance with federal tax laws and maintain financial integrity within the religious community while avoiding new laws mandating such behavior. But those involved say it’s too early to tell how the commission’s work will affect any changes—or whether it can prevent any new laws—and how long it will take.

In a press conference called this morning in Washington, D.C., ECFA leaders outlined requests made by Grassley, who yesterday released his final report of a three-year inquiry into the financial activities of six high-profile media ministries. The issues to be explored “could potentially affect every house of worship and every member of the clergy in America,” said Michael Batts, an ECFA board member who will chair the special commission.

Grassley’s office contacted the ECFA three weeks ago to indicate its report of the six ministries—in which only two fully cooperated with investigators and no ministry received a penalty—was imminent. Read more…

Categories: GOVERNMENT Tags: , , , , ,

A Time of Many Dangers

January 21, 2011 Comments off

Glynda Lomax

“My People, you are coming into a time of many dangers. Dangers will lurk all around you and many of them will be unseen to the human eye. For this reason I have been calling many of you to come into a place of more intimacy with Me. I desire to shield you under the protection of My mighty wings but many of you have been too busy for Me.”

“Later, Lord, you keep saying. What you do not know is that for many of you, later will never come for calamity shall strike and you will be unprepared, so busy are you with the things of the world.”

“I speak this warning to you now – If you do not make time for Me now, I will not be able to protect you from what is coming. You are worried about many things, but I desire you to cast your cares on Me – let Me carry your burdens, My Child. You need only be mindful of spending time with Me, of seeking My Face, and all the other things you need will fall into place.”
Read more…

Categories: GOD

USGS records sights and sounds of Hawaii Volcano

January 21, 2011 Comments off

The Hawaiian Volcano Observatory has been keeping a close eye on the fascinating activity at the summit of the Kilaeua volcano.

This footage – taken last week – shows spattering of the lava lake within the Halemaumau vent. The video also captures audio from the vent, which sounds like the churning of the ocean.

In recent weeks, geologists have observed high lava stands – which is what the scientists call the rise-and-fall cycles of the lava lake – at the summit of the active volcano. For each high stand, the lava surface rose several meters over a base level of about 395 ft. below the Halema`uma`u Crater floor.

The lava lake continues to have an overall north-to-south circulation.

Since early 2010, glow has been most intense between high stands from the Jaggar Museum Overlook overnight.

Categories: volcano Tags: , , ,