Rev 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!"
<blockquote>“Against all odds, the frameworks of the world’s economic, political, and social systems are being shaken and are beginning to crumble.”
<p style="text-align: right;">-Jim Bakker in “Prosperity and the Coming Apocalypse”</p>
</blockquote>
Fears of a euro-zone collapse, an economic relapse in the United States and a slowdown in China combined to drive the Tokyo Stock Market to it’s lowest level in 28 years.
The FTSE CNBC Asia 100 Index fell over 111 points, a drop of 2.1 percent. The index measures markets across Asia. The individual Topix index hit a 28 year low as investors rushed to sell after U.S. jobs data disappointed analysts.
The Nikkei index, the more tech-heavy of the markets, has dropped 19 percent from a one-year high. The market is on the verge of a bear market. (A bear market is defined as a 20 percent drop within a two month span.)
Major auto manufacturers had big losses. Mazda fell the furthest with a 7.3% with Toyota, Nissan and Honda all falling between 3.5 and 3.7.
