Thursday, September 10, 2015

CHINAS NEW NORMAL GROWTH MODEL IS STARTING TO GET EXPENSIVE

JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)

HOARDING OF GOLD AND SILVER

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2  (And this taxing was first made when Cyrenius was governor of Syria.)
3  And all went to be taxed, every one into his own city.

REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.

REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.

BANK RELATED INFORMATION
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UPDATE-SEPTEMBER 11,2015-12:00AM

DOW MARKET FRIDAY-SEPT 11,2015
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China's `New Normal' Growth Model Is Starting to Get Expensive-Enda Curran-September 10, 2015 — 12:01 PM EDT-BLOOMBERG

When Premier Li Keqiang took the stage Thursday at the World Economic Forum’s Summer Davos- meeting in Dalian, he told business leaders that although China faces challenges, growth is on track and fundamentals remain sound.The upbeat message is all part of a ‘New Normal’ narrative from China’s leadership as the economy transitions from relying on heavy industry and debt to one driven by consumption and services. What Li didn’t mention was the spiraling bill associated with keeping the economy on course to hit the Communist Party’s growth target of about 7 percent for this year.From building bridges and highways to shoring up the nation’s currency and stock markets, China is rolling out hundreds of billions of dollars in its biggest stimulus since the package that followed the 2008 global financial crisis. More spending is coming, with the finance ministry this week urging an acceleration of projects and promising to cut fees and taxes for companies, while provinces are taking their own steps to support growth.Beijing has turned on the taps, lifting spending on everything from infrastru‎cture to public services, said Frederic Neumann, co-head of Asian economic research at HSBC Holdings Plc in Hong Kong. The nation’s authorities cannot be accused of sitting idly by as growth decelerates, with measures announced year-to-date amounting to substantial policy support,” he said.The world’s second-largest economy is growing at its slowest pace in 25 years, forcing the central bank to cut interest rates five times since November and funnel credit to local governments to finance new construction.Estimates vary on the overall size of spending given the difficulty in netting out new expenditure and money that would have been spent anyway.Shen Jianguang, chief Asia economist at Mizuho Securities Asia Ltd. in Hong Kong, expects the stimulus package to be as large as the one rolled out in 2009 and 2010, with fixed asset investment of up to 10 trillion yuan ($1.57 trillion) over the next two to three years.Policy SupportThe policy support is taking on many guises: The government has spent 1.5 trillion yuan trying to shore up slumping stock prices since a rout that began in June, according to Goldman Sachs Group Inc. That’s about half what the U.S. government spent on its financial crisis bailout program, the Troubled Asset Relief Program.To fund infrastructure projects and create jobs, authorities in Beijing are planning at least 1 trillion yuan in bonds, and potentially a multiple of that. The central bank has also put $48 billion into China Development Bank Corp. and $45 billion into the Export-Import Bank of China as part of the plan to fund infrastructure.Airports, subways, bridges, railways and water projects are among the approved projects by authorities since May, according to Mizuho. Provincial efforts include Shandong’s announcement it will buy small and medium-sized residential properties and convert them into public rental homes.Reserves Fall-Then there’s the currency. Foreign exchange reserves fell by a record $93.9 billion last month as the central bank sold dollars to support the yuan after changing the exchange rate regime on Aug. 11 to allow the market to play a bigger role in setting its value. That move triggered the currency’s biggest loss in two decades, forcing the government to intervene to prop it up.The list doesn’t factor in a government-backed debt swap underway for provincial authorities, extra savings that can be released by banks as the People’s Bank of China lowers lenders’ required reserve ratio.Measures aren’t yet on the scale of the 2008-2010 binge, which left a debt overhang that’s now dragging on growth. Li on Thursday reiterated there hadn’t been spending on that scale and spoke of the balance between counter-cyclical spending and structural reform as akin to playing Chinese chess.“There’s been no equivalent of the 4 trillion yuan announcement that heralded the 2008 stimulus” said Bloomberg economist Tom Orlik. “But if you add up the monetary, fiscal, stock market and FX interventions, China has been burning a lot of cash to keep growth and markets stable,” he said.

The U.S. Economy Is Just Starting to Tap Into a Big Source of Dry Powder-Acceleration in housing is inevitable.Luke Kawa-September 10, 2015 — 5:00 AM EDT-BLOOMBERG

There's a big reason to believe that the U.S. economy will be able to withstand the start of the Fed tightening cycle: There's still plenty of pent up activity in the housing sector. And it's hard to see the U.S. economy running out of steam with this much upside left in residential investment, according to some economists and analysts. Going back to the 1940s, the U.S. central bank has never embarked upon a tightening phase with housing having so much room to run to the upside.Macquarie, Bloomberg-This chart shows residential investment's share of nominal gross domestic product, with the start of the previous six rate hike cycles denoted with a circle.The severity of the housing bust prompted activity in this sector to stay at depressed levels, even with the Great Recession getting farther away in the rear view mirror.Residential investment accounts for 3.34 percent of nominal gross domestic product, as of Q2 2015, well below its long-run average of 4.56 percent, as Macquarie analyst David Doyle has observed. The Fed has not initiated a series of rate hikes at a time when residential investment's share of gross domestic product is more than one standard deviation below its long-run average since at least 1970."Business cycle expansions are likely when residential investment is low as a share of GDP," wrote Doyle. "Recessions typically only transpire when residential investment becomes elevated as a share of GDP."While there is plenty of upside for construction activity, the availability of workers to carry this out is more suspect.Neil Dutta, head of U.S. economics at Renaissance Macro Research in New York, noted that the relative strength of the labor and housing market makes for quite an abnormal dynamic."What is interesting about this is that the housing market is accelerating at a time when the labor market is near full employment," he said.He suggested that any shortage of construction workers could be remedied by displaced mining employees and higher wages to attract additional labor.The unemployment rate, which dipped to 5.1 percent in August, has rapidly converged upon the Federal Reserve's estimates for the non-accelerating inflation rate of unemployment, which is a range of 5 percent to 5.2 percent. That is, monetary policymakers think that 5 percent is the lowest the unemployment rate can get before inflationary pressures start to arise.Labor slack has been eliminated at a rapid pace, though broader measures of the health of the jobs market suggest work remains to be done.Bloomberg-On a recent interview on BloombergTV, New River Investment portfolio manager Conor Sen indicated that the U.S. single-family housing market would enjoy a strong secular tailwind over the next 10 to 15 years as millennials formed households and shifted from renting to owning homes.Sen separately observed that single-family housing starts, as a share of the prime age population (25 to 54 years old), remain at very subdued levels. If single-family starts normalize to 1.25 million, more than 250,000 workers would be needed to erect them, assuming that the ratio between starts and residential construction jobs reverts to what it has averaged since the start of 1985.Dutta concurred with the demographic support for construction activity, pointing out that children born in the 1980s, when the birth rate was climbing, will make up the next batch of first-time homebuyers. He also noted that cyclical forces, such as easing lending standards and rising homebuilder confidence, buoy the outlook for the sector."Bad things do not happen to America when housing is moving up and to the right while Americans are finding jobs," said Dutta.

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