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Shooting and Explosions Rattle Paris, France; Hostage Situation Ongoing

Not all the details are known but several news agencies are reporting that there has been a shooting in a Paris restaurant, an explosion in a bar that is near the Paris futbol stadium, and another shooting near the Bataclan arts centre, a concert hall, with reports of hostages taken there.

At least 18 people have been killed, French police have told AFP news agency.

Reports say French President Francois Hollande was watching the match at paris futbol stadium and has been moved to safety.

According to CBS News, BFM television reported that several were dead in the restaurant shootout, where at least one man was seen opening fire with machine gun. Two police officials confirmed the shooting to the Associated Press.

Not long after, several news agencies including BBC News, NBC News, and CBS News reported that an explosion took place in a bar near France’s futbol stadium where they are currently hosting a game against Germany. An Associated Press that was in the stadium stated that there were two explosion noises, but French police have only confirmed one.

BBC News states that the shootout is still ongoing.

Trunews: U.S. will hit debt ceiling no later than Nov. 3: Treasury’s Lew

The U.S. government will hit a legal debt limit and be unable to borrow more money no later than Nov. 3, Treasury Secretary Jack Lew said on Thursday.

In a letter to congressional leaders, Lew added that a remaining cash balance of less than $30 billion would swiftly deplete.

“In fact, we do not foresee any reasonable scenario in which it would last for an extended period of time,” Lew said, as he urged Congress to raise the debt cap.

Trunews – Trunews: U.S. will hit debt ceiling no later than Nov. 3: Treasury’s Lew

The Stock Markets Of The 10 Largest Global Economies Are All Crashing

God’s timing is exact and believe me in this ministry each guest that we have on the Jim Bakker Show has come at the perfect time.  This is very true in the case of Michael Snyder.  We are in no way experts on the stock market and the world economy. Michael keeps his fingers on the pulse of the financial markets all over the globe. He knows how to communicate what the media does not. I have no doubt that God intended for his insight to be heard and I felt urgently led to share his knowledge with you.

There IS a great shaking coming to America.    

“Over the past sixty days we have seen absolutely extraordinary things happen all over the planet, and yet some people are not even paying attention because they did not meet their preconceived notions of how events should play out.    And this is just the beginning.”  ~Michael Snyder  

Love,

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The following was originally posted by Michael Snyder on The Economic Collapse blog

The Stock Markets Of The 10 Largest Global Economies Are All Crashing

You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news.  But so far the mainstream media in the United States is treating it like it isn’t really a big deal.  Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary “bump in the road” and that the bull market will soon resume.  Hopefully they are right.

When the Dow Jones Industrial Average plummeted 777 points on September 29th, 2008 everyone freaked out and rightly so.  But a stock market crash doesn’t have to be limited to a single day.  Since the peak of the market earlier this year, the Dow is down almost three times as much as that 777 point crash back in 2008.

Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single day stock market crash in U.S. history on a point basis.  You would think that this would be enough to wake people up, but most Americans still don’t seem very alarmed.  And of course what has happened to U.S. stocks so far is quite mild compared to what has been going on in the rest of the world.

Right now, stock market wealth is being wiped out all over the planet, and none of the largest global economies have been exempt from this.  The following is a summary of what we have seen in recent days…

#1 The United States – The Dow Jones Industrial Average is down more than 2000 points since the peak of the market.  Last month we saw stocks decline by more than 500 points on consecutive trading days for the first time ever, and there has not been this much turmoil in U.S. markets since the fall of 2008.

#2 China – The Shanghai Composite Index has plummeted nearly 40 percent since hitting a peak earlier this year.  The Chinese economy is steadily slowing down, and we just learned that China’s manufacturing index has hit a 78 month low.

#3 Japan – The Nikkei has experienced extremely violent moves recently, and it is now down more than 3000 points from the peak that was hit earlier in 2015.  The Japanese economy and the Japanese financial system are both basket cases at this point, and it isn’t going to take much to push Japan into a full-blown financial collapse.

#4 Germany – Almost one-fourth of the value of German stocks has already been wiped out, and this crash threatens to get much worse.  The Volkswagen emissions scandal is making headlines all over the globe, and don’t forget to watch for massive trouble at Germany’s biggest bank.

#5 The United Kingdom – British stocks are down about 16 percent from the peak of the market, and the UK economy is definitely on shaky ground.

#6 France – French stocks have declined nearly 18 percent, and it has become exceedingly apparent that France is on the exact same path that Greece has already gone down.

#7 Brazil – Brazil is the epicenter of the South American financial crisis of 2015.  Stocks in Brazil have plunged more than 12,000 points since the peak, and the nation has already officially entered a new recession.

#8 Italy – Watch Italy.  Italian stocks are already down 15 percent, and look for the Italian economy to make very big headlines in the months ahead.

#9 India – Stocks in India have now dropped close to 4000 points, and analysts are deeply concerned about this major exporting nation as global trade continues to contract.

#10 Russia – Even though the price of oil has crashed, Russia is actually doing better than almost everyone else on this list.  Russian stocks have fallen by about 10 percent so far, and if the price of oil stays this low the Russian financial system will continue to suffer.

What we are witnessing now is the continuation of a cycle of financial downturns that has happened every seven years.  The following is a summary of how this cycle has played out over the past 50 years…

  • It started in 1966 with a 20 percent stock market crash.
  • Seven years later, the market lost another 45 percent (1973-74).
  • Seven years later was the beginning of the “hard recession” (1980).
  • Seven years later was the Black Monday crash of 1987.
  • Seven years later was the bond market crash of 1994.
  • Seven years later was 9/11 and the 2001 tech bubble collapse.
  • Seven years later was the 2008 global financial collapse.
  • 2015: What’s next?

A lot of people were expecting something “big” to happen on September 14th and were disappointed when nothing happened.

But the truth is that it has never been about looking at any one particular day.  Over the past sixty days we have seen absolutely extraordinary things happen all over the planet, and yet some people are not even paying attention because they did not meet their preconceived notions of how events should play out.

And this is just the beginning.  We haven’t even gotten to the great derivatives crisis that is coming yet.  All of these things are going to take time to fully unfold.

A lot of people that write about “economic collapse” talk about it like it will be some type of “event” that will happen on a day or a week and then we will recover.

Well, that is not what it is going to be like.

You need to be ready to endure a very, very long crisis.  The suffering that is coming to this nation is beyond what most of us could even imagine.

Even now we are seeing early signs of it.  For instance, the mayor of Los Angeles says that the growth of homelessness in his city has gotten so bad that it is now “an emergency”…

On Tuesday, Los Angeles officials announced the city’s homelessness problem has become an emergency, and proposed allotting $100 million to help shelter the city’s massive and growing indigent population.

LA Mayor Eric Garcetti also issued a directive on Monday evening for the city to free up $13 million to help house the estimated 26,000 people who are living on the city’s streets.

According to the Los Angeles Homeless Services Authority, the number of encampments and people living in vehicles has increased by 85% over the last two years alone.

And in recent years we have seen poverty absolutely explode all over the nation.  The “bread lines” of the Great Depression have been replaced with EBT cards, and there is a possibility that a government shutdown in October could “suspend or delay food stamp payments”…

A government shutdown Oct. 1 could immediately suspend or delay food stamp payments to some of the 46 million Americans who receive the food aid.

The Agriculture Department said Tuesday that it will stop providing benefits at the beginning of October if Congress does not pass legislation to keep government agencies open.

“If Congress does not act to avert a lapse in appropriations, then USDA will not have the funding necessary for SNAP benefits in October and will be forced to stop providing benefits within the first several days of October,” said Catherine Cochran, a spokeswoman for USDA. “Once that occurs, families won’t be able to use these benefits at grocery stores to buy the food their families need.”

In the U.S. alone, there are tens of millions of people that could not survive without the help of the federal government, and more people are falling out of the middle class every single day.

Our economy is already falling apart all around us, and now another great financial crisis has begun.

When will the “nothing is happening” crowd finally wake up?

Hopefully it will be before they are sitting out on the street begging for spare change to feed their family.

Jonathan Cahn: The Shemitah That Was and the Shaking to Come

My great and true friend Rabbi Jonathan Cahn and I agree that it is time for an update on the Shemitah and it’s impact on this world.  In my heart there is still an urgency to prepare for what is to come.

We have spent hundreds of hours studying the signs of the times, reading God’s word and looking at the events that are right in front of us. We have warned of financial repercussions and have seen incredible signs of the falling apart of our financial system.  But there is no one that can speak about the Shemitah that was and the Shaking that is to come better than Rabbi himself. I urge you to take the time to read this message and pray for discernment.

“Know that in all things, God remains absolutely on the throne. And the one who lives in His will, lives and stands on the winning side. Now is not the time to be silent, fearful, or compromised, but to be all the more strong and all the more bold.”  ~ Rabbi Jonathan Cahn

Love,

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The following originally posted by Charisma News

Jonathan Cahn: The Shemitah That Was and the Shaking to Come

I believe it is important to give an update.

I have given warning concerning judgment. I have said that I believe America is rapidly advancing toward calamity—that we have crossed the line in our apostasy and defiance of God. I’ve warned that if America continues in its present course, if there’s no return to God, its crown as head of nations will be removed and that I believe a great shaking is coming to this nation and the world.

As for when these things are to take place, I have from the beginning always issued a strong caution, in spoken word and in writing, from The Mystery of the Shemitah itself onward—specifically that we cannot be dogmatic about timing, and that nothing has to take place on a particular date or season, or according to any set calendar, or even as God has done before.

I have ministered that it is wise to be aware of the signs and seasons of the times, and that though such things can take place on biblically relevant times or dates, nothing has to happen on any particular date, whether within the parameters of the Shemitah or in its wake. Our focus must be not on dates but on God and getting right with Him.

At the same time, we remain in a dangerous period—and one of the reasons I’ve always cautioned regarding dates is that I never wanted such focus to obscure or minimize the larger picture: that regardless of what does or does not happen a particular date, America is racing toward judgment.

In The Mystery of the Shemitah, I share of biblical patterns which, at times, have had stunningly precise manifestations. Each of the last two Shemitahs has climaxed with the greatest stock market point crashes in history on the same exact biblical daya once-in-seven-year day that happens to be appointed in the Bible for the effecting of financial remission and nullification. It remains a stunningly and eerily precise historical reality.

And precisely because it is so precise and because it happened in the last two of the Shemitah’s cyclesmany saw it as an absolute that a massive stock market day crash had to take place on the next such day, September 13. Thus we have cautioned repeatedly that this particular manifestation and any particular manifestation does not have to occur in every or any one of the Shemitah’s cycles.

 At the same time … having said and having said again all these things—there are a number of very large and significant facts to be noted: 

The Shemitah of 2015 has, in fact, followed the most prevalent of the Shemitah’s templates. 

What was missed by most in focusing on only one day, was that the largest and most prevalent of the Shemitah’s templates has, in fact, manifested. The Elul 29 day crash is only one of several manifestations, an exception and a minority template. In each of the last seven of the Shemitahs there has been a collapse—but only two of those seven collapses have involved an Elul 29 day crash. The majority have taken place according to a much larger template.

The larger and, by far, the predominant of the Shemitah’s templates is that of a long-term collapse, a collapse taking place over the course of several months, or one in which a rising stock market comes to an end, peaks within the Shemitah year, reverses its momentum, and begins a continuous descent. This descent may, at times, involve increasing volatility and dramatic day crashes, particularly in proximity to the Shemitah climax. And this is exactly what occurred in the Shemitah of 2015. 

*The 2015 Shemitah has followed this larger and predominant of the Shemitah’s patterns, a template that appears in the book repeatedly.

Following the Shemitah’s pattern… 

– The Shemitah of 2015 ended a rising stock market on May 19, a market that then reversed its overall momentum and began a long-term descent for the rest of the Shemitah year.

– As it approached its final phase, the stock market and its descent grew increasingly and dramatically volatile.

– Nearing its conclusion in late August, the Shemitah produced some of the most dramatic days in stock market history—most notably what would be called Black Monday—and which would trigger the collapse of stock markets throughout the world.

– The Shemitah of 2015 produced the greatest stock market intraday collapse in world historya crash of over 1000 points.

– It would usher in the dramatic financial collapse of the world’s new economic engine—China.

– The collapse of China’s financial realm alone constituted one of the greatest long-term stock market crashes in history and, by itself, would make 2015 one of the most significant of Shemitahs.

– The amount wiped out from the Shanghai Exchange, in the space of just a few months was over 40 percent.

– The amount wiped out by the Shemitah of 2015, from the U.S. market, from its peak to Elul 29, would approach 2 trillion dollars!

– The amount wiped out from international markets in the same period would exceed 5 trillion dollars!

In many of the Shemitah years, the turbulence and collapse continue and may intensify past Elul 29, into the period of the Shemitah’s wake. In others, they do not. But whatever happens from this point forward, the Shemitah has already and again powerfully manifested.

Other key manifestations that have marked 2015 as an especially significant Shemitah year:

The Mystery of the Shemitah chronicles how the Shemitah has marked the shifting of world power. So it was again. The American Age began in 1871, when it became the strongest economic power on earth. Within the parameters of the Shemitah of 2015, that era has officially come to its end.

– The Shemitah of 1973 became a milestone in America’s moral and spiritual collapse as the Supreme Court legalized the killing of the unborn. The Shemitah of 2015 was no less a milestone in this fall—as it was the year that the nation’s hedges protecting the biblical definition of marriage collapsed across the land, and were then, by the Supreme Court, conclusively struck down.

I have said that I believe it is wisdom to be prepared and that regardless of what happens, it is always wise to have essentials on hand—and yet that each needs to be led by the Lord in such things. For you who have done so, I believe you’ve been wise and are prepared and better off than you would have been otherwise. Regardless of what the future holds, it is a wise insurance that can always be used. And of course the most important preparation one can do is to be right with God.

I have said and repeat now that we stand as a nation in danger of judgment. The Shemitah is one template by which judgment may be manifested. Whether or not what is yet to come will be joined to what has happened in the most recent Shemitah, I believe that this nation is in and approaches days both critical and perilous. I see ahead, apart from the hand of God, days of apostasy and persecution, and, by the hand of God, a great shaking.

At the same time, God’s heart is salvation. And the purpose of shaking is to bring to repentance, salvation, and revival to those who will come. At this point I believe it is only through shaking that a true and great revival can come.

For you who would seek safety, the word for safety in Hebrew is Yeshua. And Yeshua is the name of Jesus. Thus the only way to be safe is to be in Jesus, Yeshua. As for you who are in Yeshua, the safest place to be is in the will of God. Make sure that’s where you are.

Know that in all things, God remains absolutely on the throne. And the one who lives in His will, lives and stands on the winning side. Now is not the time to be silent, fearful, or compromised, but to be all the more strong and all the more bold. When the night comes and the dark grows even darker, it is then time, for the lights of God to shine even more brightly. Be strong and of good courage. Proclaim the good news of Messiah. And pray for revival but don’t only pray for revival—Live in revival.

And as the apostasy progresses, as America races to judgment, as the biblical signs, principles, and harbingers of judgment continue to manifest, and as the events of the last days continue to unfold, I will, and we must, continue to sound the trumpet and the alarm, to call to repentance those who will come, and to draw the lost to Messiah Jesus, Yeshua, who remains the same yesterday, today, and forever and the only answer, the only way, and the only hope America has and all have, to be saved.

The Chile Earthquake’s First Tsunami Waves Strike

A TIDE GAUGE off the shore of Coquimbo, a Chilean seaside city less than 100 miles from the epicenter of tonight’s 8.3 moment magnitude earthquake, has logged wave heights in excess of 14 feet. This comes about 90 minutes after the quake struck at 7:54pm local time.

NOAA’s Pacific Tsunami Warning Center has predicted wave heights exceeding 36 feet along the Chilean coast, and smaller events elsewhere in the Pacific. Outside of Chile, French Polynesia, a group of over 100 islands in the middle of the south Pacific, is in the most danger. There, NOAA warns of tsunami waves from three to nine feet.

Source: Wired – The Chile Earthquake’s First Tsunami Waves Strike

Tsunami alert as Chile hit by powerful earthquake

A powerful earthquake has hit central Chile, causing buildings to sway in the capital Santiago, officials say.

The 8.3-magnitude tremor was centred off the coast, about 144 miles (232km) north-west of the capital.

The Pacific Tsunami Warning Center warned that “widespread hazardous tsunami waves are possible”.

One person was killed by a falling wall, and evacuation was ordered in coastal areas. Tsunami sirens were heard in the port of Valparaiso.

Chilean officials say the earthquake has produced waves of up to 4.5 metres (15 feet) along the coast in the region of Coquimbo.

Source: BBC News – Tsunami alert as Chile hit by powerful earthquake

8.3-Magnitude Earthquake Strikes Off Coast of Chile

An 8.3-magnitude earthquake struck near the central coast of Chile Wednesday, shaking buildings and causing at least one death, officials said. Tsunami advisories were issued for the region and as far away as Hawaii.

The earthquake struck 44 miles west-northwest of Illapel, and north of Santiago, at 6:54 p.m., the U.S. Geological Survey said. It said the earthquake was the largest to hit the area in over 100 years.

Illapel Mayor Denis Cortes told TV Chile that there are reports of one death. He said the town of around 30,000 was without power.

Source: NBC News – 8.3-Magnitude Earthquake Strikes Off Coast of Chile

The Economic Collapse Blog: BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points On Two Consecutive Days

On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow actually performed better than almost every other major global stock market on Monday.  In the U.S., the S&P 500 and the Nasdaq both did worse than the Dow. In Europe, almost every major index performed significantly worse than the Dow.  Over in Asia, Japanese stocks were down 895 points, and Chinese stocks experienced the biggest decline of all (a whopping 8.46 percent). On June 25th, I was not kidding around when I issued a “red alert” for the last six months of 2015. I had never issued a formal alert for any other period of time, and I specifically stated that “a major financial collapse is imminent“. But you know what? As the weeks and months roll along, things will eventually be even worse than what any of the experts (including myself) have been projecting. The global financial system is now unraveling, and you better pack a lunch because this is going to be one very long horror show.

Our world has not seen a day quite like Monday in a very, very long time. Let’s start our discussion where the carnage began…

The Economic Collapse Blog – The Economic Collapse Blog: BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points On Two Consecutive Days