Snyder: 2016 shaping up to be bleak year for global economy

Revelation 6:5,6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"

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Global economic trends suggest a bleak economic outlook for the remainder of the year, according to a new blog post from frequent Jim Bakker Show guest Michael Snyder.

Writing for his blog, “The Economic Collapse,” Snyder recently published a list of 22 signs that suggest January is only the beginning of what could be a rough year for the global economy.

Items on the list range from store closures and layoffs to slumping oil prices and bank decisions.

“Each one by itself would be reason for concern, but when you put all of the pieces together it creates a picture that is hard to deny,” Snyder wrote in his blog. “The global economy is in crisis, and this is going to have very serious implications for the financial markets moving forward.”

Snyder wrote recent trends indicate 2016 “is going to get progressively worse as it goes along.”

Click here to read Snyder’s full list on “The Economic Collapse.”

 

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