Is The Economy Getting Better? Soros, Rothschild and Buffett Don't Think So!

Most of us are aware of how the economy is doing in our own local home towns. The anecdodal evidence that we see everyday tells us that things are bad and really aren't turning around at all despite what the main stream media would have us believe. We see the long term layoffs, lack of job openings and business closings and there is no mistaking the obvious signs of a slow collapse of the American way of life. The real indication of where we are going as a nation can be measured by what the "big money" is doing. Here is a snippet from an article I discovered yesterday on www.moneynews.com. 

__________________________________________________________________________________

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

_________________________________________________________________________________

If you want to read the entire article you can do so by clicking here.

The big money is running from stocks and are investing in commodities. In fact, the big money believes we are headed to a drastic decline in the stock market which would have devastating effects on our entire economy.

Not only are investors doubtful about the U.S. economy they are extremely worried about the Euro. Watch the following video and take heed.

I continue to stress that if you are alert and paying attention to all the signs then you should be convinced that we are living in the last days and the economic earthquake unfolding is leading us to a one world economy. The Scriptures speak of a one world ruler in Revelation 13 and a one world economy and it appears we are heading that direction. These realities can be a comfort or a great concern depending on your position in Christ Jesus. If you are a believer in Christ then you should be cheered by the fact that the King's arrival is getting much closer. If you are an unbeliever then there is great reason for alarm. I suggest that you watch the short video in the right sidebar of this site and browse some of the pages and articles and come to Christ. 

Today I listened to the pastor of the church I attend. He preached a magnificent sermon from Romans 8: 28-30.

²⁸ And we know that all things work together for good for those who love God, who are called according to his purpose, ²⁹ because those whom he foreknew he also predestined to be conformed to the image of his Son, that his Son would be the firstborn among many brothers and sisters. ³⁰ And those he predestined, he also called; and those he called, he also justified; and those he justified, he also glorified.

His three sermon points were...

• God does what He wants.
• What He wants is always good.
• His good is always our greatest delight. 

 This world is tilting to default, the cheese is sliding off the cracker! Come to Jesus this Christmas season!