by Reb Akiva at Mystical Paths
Headline: "The Biggest Financial Story of the Past 50 Years"
(Fool.com) Bigger than the dot-com bust? Yep. Bigger than Black Monday in 1987? Yep. Bigger than the oil shock of the 1970s? Mmmhmm.
This is the biggest financial shock to the U.S. and the World Financial System since the Great Depression. BUT, there's a conflict with the navi (biblical prophets) here. The US has some roles to play, namely a battle with Iran, before it's job is done. And a financially collapsed US can't do that.
Here's my prediction: As the financial system teeters, those holding massive amounts of US dollars - China and the Arab Oil Emirates - rush in to prop up the system. Why? Because they have almost as much to loose. 20 years of trade inbalance, 20 years of dollars piling up, are at risk. The reason the news reports keep turning to Abu Daibi and Dubai is because they have both the means and the interest in stopping a failure from happening.
But it doesn't fix the problem. The broken loan structures, investment bundles, insurances, all have to unwind. They will prop it up, but it will be very unstable.
Then those looking for US weakness will try to take advantage. An oil shock, a major insurgency, terrorism unleashed, something to hurt, drain, break the system.
The US will be forced to respond, strongly, quickly, harshly. It can no longer afford to act so nice, it's very national stability will be on the line.
The times of the words of the navi'im will be here.
The tzaddikim are praying that it be gentle, it be diplomatic, or even better it be a spiritual battle. That Gog u'Magog has been divided into 3 parts, and we only have part 3 left to experience. And that it be unpleasant, not deadly, faith shaking, not life threatening.
May their prayers be successful, and we must add ours to theirs, and may we all merit to see the coming of Moshiach tzidkaynu, mamash, today.
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Wednesday, September 17, 2008
// 9/17/2008 //