God’s Judgement Falls On Mankind As He Devalues Currencies And Begins The Rule Of The Ten Toed Kingdom Of Regional Global Governance.

Financial Market Report for March 6, 2012

The Two Hundred Percent Volatility, TVIX and Volatility, VIXY, rose as European Financials, EUFN, Emerging Market Financials, EMFN, International Financials, IXG, India Earnings, EPI, led world stocks, ACWI, EEM, EWX, lower. Today’s drop in the European stocks, VGK, led by Spain, EWP, wiped out the gains of the last four weeks. The Trader in Zero Hedge writes Spain-Europe’s pink elephant in the room about to implode.

Competitive currency devaluation commenced as investors derisked out of stocks, VTI, VT, VSS, NYC, IWM, and delevered out of commodities, USCI, DBC, specifically DBB, CUT, JJA, The world’s major currencies, DBV, and the world’s emerging market currencies, CEW, traded lower, stimulating arise in the US Dollar, $USD, UUP. Sovereign exhaustion, that is exhaustion of the world central banks’ monetary policies, and fears of Greek sovereign default, have resulted in debt deflation, that is currency deflation. The Swedish Krona, FXS, led the currencies FXE, FXM, FXC, FXB, SZR, FXF, BZF, FXA, ICN, seen in this Finviz Screener lower.

All things are of God, 2 Corinthians 5:17-18, there is no human action. Out of the sea of humanity, and its many economic waves, God is raising up the Beast Regime of statism and totalitarian collectivism, to rule in all of mankind’s seven institutions, and in the world’s ten regions, Revelation 13:1-4. This is also the ten toed kingdom of regional global governance, Daniel 2:31-33, whose purpose is to stimulate people to repentance and to believe in His Son, and His Son’s Kingdom,  Revelation 2:26-27.

Witness Lee reveals a number of truths, “On the one hand, the gospel is for judgement, on the other hand, the gospel requires man’s repentance, whereas salvation requires man’s believing. The gospel is for man to escape God’s judgement by repenting, and to receive God’s salvation by believing.” p 46 The Lines In The Bible.

“When the Lord was on Earth, he preached God’s judgement in a complete way and spoke God’s salvation in a full way. He brought people to repentance like Jonah, and he caused people to believe like Isiah.” p 48.

““When the earth becomes the Kingdom of  our Lord Jesus Christ, Revelation 11:15, He will bring God’s authority to man. Not only will He reign with the overcomers for a thousand years in the coming kingdom age, He will also be King for eternity in the new heaven and new earth.” p 48.  

Stockcharts.com reports 802 stocks fell parabolically lower. Technical service companies such as FLR, URS, and JEC, railroad construction companies, GBX, TRN, ARII, building supply companies, NX, construction equipment companies, JOY, TEX, MTW, IR, TSCO, CR, as well as cement companies, CX, and MLM, which were leaders in the US Infrastructure, PKB, rally, fell sharply. Automobile Manufacturer General Motors, GM, which was rescued by the US Government and the Federal Reserve, fell strongly, which turned auto suppliers ALV, MAG, lower. Industrial electrical equipment manufacturers, such as ABB, ETN, BGC, were also strong fallers.   

Countries leading the way lower included EWD, RSX, ERUS, ARGT, YAO, ECNS, EWO, INDY, SCIF, EZA, VGK, EWZ, EWZS, EWA, KROO,

Sectors falling lower included URA, CHII, CHIM, CHIX, CHXX, TAO, INXX, REMX, SLX, COPX, ALUM, SEA, PAGG.

Total Bonds, BND, rose, while Junk Bonds, JNK, traded lower. The global government finance bubble, BWX, and EMB, traded lower on falling lower currencies. Systemic stability simply is not possible in a world of failed and insolvent sovereigns, BWX, and insolvent financial institutions, IXG. Soveign insolvency and banking insolvency, as well as trade imbalances, both regional and intra-regional, are the issues that is turning inflationism into destruction, and is moving the world from US and EU UK hegemony into regionalization.

Many steps towards a One Euro Government have already be taken, ie the August 2011 Merkel Sarkozy Comminique for a true European Economic Government, the Fiscal Compact with its Golden Rule of Debt Brakes, the subordination of sovereign debt to the ECB by executive fiat, and the regionalization of European Fianancial Institutions into the ECB via LTRO 1 and 2.  

Frank Barry, Professor of International Business and Economic Development at Trinity College Dublin, writes in PDF document, The Future Of Europe And The Euro,  “Responsibility for financial regulation may need to be federalised. Similarly, for bank resolution. There are no clear rules within the eurozone for who might need to bail out foreign subsidiary banks. Even without this complication, expecting Ireland to finance on its own the bailout of the Irish banking system is, as Morgan Kelly put it, like requiring the residents of Newcastle to do the same for Northern Rock. This clearly moves us further towards a federal Europe”

“Is it feasible to imagine that the eurozone will evolve in this direction? The logic is, I think, unassailable. The fiscal compact will not prevent future crises because it does not address the fundamental design flaws of the project, which have little to do with fiscal incontinence. Future crises will all push in this federalist direction.”

“If the euro is to survive, and if Ireland is to remain part of the project, we must seek to influence its direction. Our only real power is the voice we bring to the debate that Chancellor Merkel reignited ecently. Reestablishing the primacy of the Commission is crucial.” (Hat Tip to Irish Economy)

Summary
There is no human action, and there are no sovereign individuals. There are only God’s appointed things, Acts 17:26, and God alone alone is sovereign, Psalm 2:4-5. He acted sovereignly today by destroying fiat money, and destroying the Banker Regime that came via Milton Free To Choose script, which underwrote capitalism. Yes, both fiat money, and banking institutions, died today, March 6, 2012, on exhaustion of the world central banks’ monetary policies, and fear of Greek debt contagion.  Now the Beast Regime, as foretold in Bible prophecy of Revelation 13:1-4, as heralded by the 300 elite of the 1974 Club of Rome’s Clarion Call for regional global governance, is rising to rule mankind’s economic endeavors.   

Insolvent financial institutions, and insolvent nations cannot sustain growth or profitable investing. By God’s Sovereign Will, Ephesians, 3:1-11, a United States of Europe, that is a Federal Europe, will emerge out of financial armageddon, that is a credit bust and global financial collapse, to provide security, stability and ongoing regional economic sustainability. The Eurozone region will be one of ten such regions foretold in bible prophecy of Daniel 2:31-33.

In today’s new
Bloomberg reports Automakers Prepare for Deepening Decline in Europe Market. Ford Motor Co., Bayerische Motoren Werke AG, Toyota Motor Corp. and their competitors are preparing for a deeper slump in European sales after deliveries at the beginning of the year were at the low end of their expectations. “The market is very difficult,” Didier Leroy, Toyota’s chief for the region, told reporters at the Geneva International Motor Show. “The start of the year is even worse in terms of the market than was planned a few months ago.” Cars, CARZ, and Automobiles, VROM, plummeted in value

Casey Research writes The best currency may be physical gold

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