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Revealed: The Exact Date of the Coming Apocalypse

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This post Revealed: The Exact Date of the Coming Apocalypse appeared first on Daily Reckoning.

We now have — on some authority, no less — the precise hour of the coming financial collapse.

We’ve circled the judgment day on our calendar, in funereal black.

We’re hurrying our last will and testament in preparation thereof… arranging our affairs… bending every effort to get right with our almighty maker.

When does the terrifying day arrive?

Answer anon.

But let us first check in on today’s markets… while there’s still time remaining.

Stocks don’t seem to realize they go on borrowed time…

The Dow was up 15 points today to 21,409. The S&P’s up just a point… but still up.

Only the Nasdaq shows any inclination of its fate — down 18 points today.

Even gold, the doomsday metal, fails to heed the doomy chimes. It’s down $11 today… as if all is peace with the world.

But we suspect the end must be near when the likes of Goldman Sachs, JPMorgan, Citi and Bank of America all implore their clients to “go to cash.”

Which they’ve done.

“It’ll be a cascade, an avalanche,” wails Eric Peters, CIO of One River Asset Management.

Peters is the Nostradamus of today’s reckoning. He’s the seer who peered into the future and jotted down the apocalyptic date.

What rings the knell of doom according to Mr. Peters?

The global credit impulse.

Peters says a collapse of the global credit impulse signals the end.

The credit impulse is the change in new bank credit as a percentage of overall GDP. It measures the amount of borrowing in the economy.

Deutsche Bank economist Michael Biggs, who coined the term, says the credit impulse gives a highly accurate EKG of the beating economic heart.

And it’s currently flashing cardiac arrest.

UBS analyst Arend Kapteyn warned earlier this year that the global credit impulse — covering some 77% of global GDP, no less — had “suddenly collapsed.”

And now he writes:

From peak to trough, the deceleration in global credit growth is now approaching that during the global financial crisis [-6% of global GDP]…

The EKG of a seizing heart:

Disconcerting.

Returning to our prophet of apocalypse, Zero Hedge reports that Mr. Peters believes the cataclysm “will begin with an increasingly tighter Fed.”

We remind you that the Fed raised rates earlier this month — the third in six months — with more in prospect.

Janet Yellen certainly does appear… determined.

Jim Rickards knows why:

Not because [the Fed] believes the economy is getting stronger, but because it is desperately trying to catch up — before the next crisis.

Jim seems to confirm the dying credit impulse and indicates the attempted cure:

The economy is slowing. Even without any action, retail sales, real incomes, auto sales and even labor force participation are all declining. Every important economic indicator shows that the U.S. economy is slowing right now…

They’re getting ready for a potential recession where they’ll have to cut yet again. Then it’s back to QE. You could call that QE4 or QE1 part two.

Jim says the Fed’s now embarking on quantitative tightening, or QT. It will soon begin clawing back the behemoth balance sheet it amassed after the 2008 collapse.

Ah, but the date.

We’ve held you in suspense long enough, dear reader…

The date of apocalypse:

Feb. 14, 2018 — Valentine’s Day.

Mr. Peters’ crystal ball offers this unfolding vision:

Balance sheet reduction will start slowly. And proceed for a few months without a noticeable impact. The Fed will feel validated.

But when the global credit impulse reverses, it’ll be a cascade. An avalanche. And I pin the tail on that donkey to be Valentine’s Day, 2018.

The date seems reasonable to our own Charles Hugh Smith. And for one primary reason:

Next February is a good guess, as recessions and market downturns tend to lag the credit market by about nine months.

Of course we offer this woeful vision of Valentine’s doomsday with heaping doses of table salt.

And we suspect this Peters fellow is simply pulling legs with his day-and-hour act.

Such knowledge exceeds the reach of mortal man.

But the makings of disaster appear cemented in place… and we suspect it’ll all come to rough business soon enough.

In the meantime, let us eat, let us drink… and let us be merry…

For the global credit impulse is dying…

Regards,

Brian Maher
Managing editor, The Daily Reckoning

The post Revealed: The Exact Date of the Coming Apocalypse appeared first on Daily Reckoning.

This story originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.


Source: https://dailyreckoning.com/revealed-exact-date-coming-apocalypse/


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    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 2 comments
    • beLIEve

      Wasn’t it June 21st 2017 ?

      Financial pundits across AM are now saying 23rd August !

      AND NOW……14th Feb 2018 ?

      YAWN…..the bankster…..ALIEN “joo$” ….HAVE STOLEN EVERY THING…..despite possessing NO Lawful AUTHORITY TO BE

      ON Earth :idea:

      THEY seem afraid of the awakening masses so, I assume that is why the….. ANNOUNCIATION :idea: ….is postponed AGAIN !

      Kellogg-Briand Pact 1928
      https://www.uni-marburg.de/icwc/dateien/briandkelloggpact.pdf

      AND what are the …ALIEN “jooi$h” Freemason….UNLAWFUL REGIMES….INFESTING…..USA…UK…Europe and Elsewhere

      DOING at the moment……..WAR MONGERING…..STEALING…..and…..GENOCIDE….as always :idea:

    • goastdale

      It already happened…..like most Doctrine folks don’t have a clue …..There are more devils children claiming to be Christian then actual Christians. The devil changed tactics at first he tried to persecute the church out of existence with brute force, the change was in tricking folks into believing you are Christians & or ever had any part in the church in the first place so as to “displace”/ dilute/ confuse what it means to be a Christian & who those folks are & what the true orthodox position/ doctrine of the church is rather spouting “only” (almost exclusively/predominately) the popular heresies so loved by the devils children they call & pretend as “orthodoxy” …

      THREE groups of folk (a) Never in the book of life predestined damned (b) MANY CALLED= only these can be blotted out (c) FEW CHOSEN who die faithful did not get blotted out… Prov 8:17. I LOVE THOSE WHO LOVE ME, and those who seek me diligently will find me. …… 22. “The Lord possessed me at the beginning of His way, before His works of old. …..36…all those who hate me love death.” …. Jn 14:15. “If you love Me, keep My commandments…….. https://www.scribd.com/doc/306868420/Most-True-Christians-Go-to-Hell or https://www.academia.edu/25217564/Most_True_Christains_Go_to_Hell

      “whosoever shall call on THE NAME OF THE LORD shall be saved” WHAT NAME did you CALL UPON? Rev19:13 HIS NAME IS called THE WORD OF GOD Ps138:2 thou hast magnified THY WORD ABOVE ALL THY NAME Isa52:6 Therefore MY PEOPLE SHALL KNOW MY NAME: What NAME do you KNOW? 1Jn2:3 HEREBY WE DO KNOW we KNOW HIM,if we KEEP HIS COMMANDMENTS Titus1:16 profess THEY KNOW God; but IN WORKS THEY DENY him https://www.academia.edu/23846490/Thief_and_Cross_3D
      https://www.scribd.com/document/326686356/Thief-Cross-3D

      So how many different persons do you worship?….FOOLS TRINITARIANS CONFESS JESUS /THEY ARE NOT POLYTHEIST BUT ARE MONOTHEIST LIKE A LIAR & THIEF WHO “CONFESS” THEY DO NOT LIE OR STEAL The simple fact is that just because you confess or deny that you are in an adulterous relationship and denounce all forms of adultery has nothing to do with whether or not it is in fact adulterous! .. …A rose by any other name is still just a rose AND calling it a water lily does not change the definition of what a water Lilly or a rose is either!.. …”ANOTHER JESUS” 2 Cor 11:4

      http://www.globethics.net/gtl/10920799 THE TRINITY HERESY
      or
      https://www.scribd.com/doc/305367608/The-Trinity-Heresy
      or
      http://www.globethics.net/gtl/10920799 THE TRINITY HERESY

      Revelation 19:9…. THESE ARE THE TRUE SAYINGS OF GOD. 10… for THE TESTIMONY OF JESUS is THE SPIRIT OF PROPHECY.
      If this is not “another gospel” then it must be “the gospel” (Gal 1:9) but if it is “the gospel” why do so few understand it? Even more important why do so few consider understanding “the testimony of Jesus Christ” unnecessary for salvation? The ramifications of this question along with Mat 22:14. For many are called, but few are chosen should cause some very sober consideration!

      http://www.globethics.net/gtl/5455069 Revelation The First Gospel of The Kingdom

      or

      https://www.scribd.com/doc/305366745/Revelation-the-First-Gospel-of-the-Kingdom

      or

      https://www.academia.edu/23464127/REVELATION_THE_FIRST_GOSPEL_OF_THE_KINGDOM

      Rev 5:10..and we shall reign ON THE EARTH. (so, you think when Jesus comes back, he and the saints will be “ON THE EARTH”?!?)

      “Clouds ON Venus”……Clouds ON Mars………Clouds “ON EARTH”
      ..PERSPECTIVE!…PERSPECTIVE!….PERSPECTIVE!!!)

      1Thess 4:17…caught up together with them IN THE CLOUDS, to meet the Lord in the air: and SO SHALL WE EVER BE with the Lord……..

      You carnal minded fools, Jesus nor the raptured saints will step physical foot on the earth or physical city of Jerusalem….They live and reign “on the earth” ABOVE FROM the clouds!?! IN FACT, Jesus CAN’T!?!? (Jer 22:19-30/ Mat 1:11)
      Do you realize how schizophrenic it is to claim to be looking forward to going to heaven to be with a spiritual God in a new spiritual city (Heb 12:22/Rev 21:2) to be like the other spirits/ angles are while at the same time looking for a physical Jesus to return on the physical earth to reign in physical Jerusalem?!?!?….. hello?….is anybody home???!?

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