Archive for G7

Rishi Sunak, Prime Minister, United Kingdom & Central Bank Digital Currencies (CBDC’s)

Posted in #PaulthePoke, Prophecy, Trend Update with tags , , , , , , , , , on October 25, 2022 by paulthepoke

Rishi Sunak is the new Prime Minister of the United Kingdom.

Biography: Mr. Sunak is the son of Hindu parents of Indian descent. Sunak met his wife Akshata Murthy while earning his MBA from Stanford University in the United States. He is from North Yorkshire in England. Specifically, Sunak is a Member of Parliament for Richmond. He is the youngest Prime Minister in history at 42 years old. He will be the first Prime Minister of the United Kingdom of Asian descent.

Sunak worked at Goldman Sachs as an analyst. Afterwards, he worked at a couple of hedge funds. Later, Sunak was the director of the investment firm Catamaran Ventures. This investment firm is owned by his father in law Nagavara Ramarao (NR) Narayana Murthy. Mr. Murthy is founder of Infosys.

https://en.wikipedia.org/wiki/Rishi_Sunak

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The UK is leading the G7 into a new era of finance. Rishi has announced a joint task force between the Treasury and Bank of England to look into the potential of a Central Bank Digital Currency (CBDC).

It appears this tweet was published on October 14, 2021. Check out PM Sunak’s infomercial for Central Bank Digital Currencies (CBDC’s).

https://www.gov.uk/government/publications/g7-public-policy-principles-for-retail-central-bank-digital-currencies-and-g7-finance-ministers-and-central-bank-governors-statement-on-central-bank
https://www.visualcapitalist.com/visualized-the-state-of-central-bank-digital-currencies/

What Is a Central Bank Digital Currency (CBDC)?

Central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country’s fiat currency.

KEY TAKEAWAYS

  • A central bank digital currency is the digital form of a country’s fiat currency.
  • A CBDC is issued and regulated by a nation’s monetary authority or central bank.
  • CBDCs promote financial inclusion and simplify the implementation of monetary and fiscal policy.
  • As a centralized form of currency, they may not anonymize transactions as some cryptocurrencies do.
  • Many countries are exploring how CBDCs will affect their economies, existing financial networks, and stability.

https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp

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Revelation 13:16-17 And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.

Let me be clear. I am not suggesting Rishi Sunak is the antichrist. We do not even have a 10 nation federation on the scene. The two witnesses have not completed their ministry at the Third Temple which is yet to be built. And for the record, it is our position at PaulthePoke.com the seven year Tribulation has yet to begin. I think we are still waiting for the events in the throne room of Heaven of Revelation 4 to begin. The events descried in Revelation 13 are in the second half of the Tribulation during the reign of the antichrist.

But what is interesting… is the idea of a global currency and one world economic system which is observed in Revelation 13. The Bible tells us an economic system is coming that requires identification markings on the right hand or forehead to participate. Scripture is very clear and encompassing. “All” will have the mark or no one will be able to buy or to sell, except the one who has the mark.

CBDC’s will allow for every single economic transaction to be traceable and accounted. There is no anonymity.

This is not a conspiracy. The G7 is publicly proclaiming their intent. Central banks and governments of the world are working together to make a CBDC system happen.

https://www.amazon.com/Paul-Lehr/e/B09W8FB77N

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Economic Report for Q2, Economy Slowing, Inflation Rising… Michael Douville

Posted in #PaulthePoke, Michael Douville with tags , , , , , , , , on July 6, 2021 by paulthepoke

Ecclesiastes 7:12 For the protection of wisdom is like the protection of money, and the advantage of knowledge is that wisdom preserves the life of him who has it.

Our go to guy for all things economic, Michael Douville has two reports in this update. First, Douville recaps economic growth for the second quarter of the year. Second, Michael offers his thoughts on economic growth for the second half of the year and discusses the likelihood of continued inflation.

Better than Goldman Sach’s Forecast! The Economy is Exploding and with it comes Demand!! Watch for RISING PRICES across all asset classes except Bonds!

The G7 got together to spend money they don’t have; they are going to monetize the debt through inflation.

Manufacturing is doing very well, Industrials are doing very well, IT is doing very well, Construction is doing very well, and Real Estate is doing incredibly well.

Money Supply is at a Historic level; a Money Supply spike of $Trillion and Trillions of dollars looking for a place to get a return on investment! The Money Supply is getting used and and there is the beginning of Monetary Inflation. Money supply is being used as shown by a GDP that should print over 10% which will cause money to be used and Inflation begin.

Global Inflation! It is Global in Nature! You need to protect your purchasing power and a single family home is the greatest Inflation Hedge the average person can have! In the great markets of Florida, Texas, and Arizona are great places to invest. In Arizona, home prices are going up 3% a month. Transactions should start to slow; just a return to Normal! However, prices do appear to continue rising. Go buy a house, help your kids, your grandkids, and if you are a Baby Boomer, go buy just 2 rentals and it will change your life.

Click below for Michael’s Q2 Review

http://www.michaeldouville.com

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It looks like the Economy is starting to slowdown just a bit. It has been on a Historic, unsustainable tear for months. The pace is unsustainable.

The ISM and Markit Indexes are dropping to a more normal level. The 2nd Quarter will not reach double digit, but 8.5 to 8.5% GDP is incredible and it is slowing to NORMAL.

There is still a backlog of business orders which means Manufacturing, Industrials, IT, Finance, Constructions and Real Estate is doing incredibly well; just slowing to Normal.

However, Inflation appears to be continuing it’s acceleration. It may be: “Transitory Hyper-Inflation”. Maybe for a 4 year period.

You must own Real Estate to protect your purchasing power and to participate in the rise of real assets.

http://www.michaeldouville.com

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Inflation Cycle!!! Michael Douville

Posted in #PaulthePoke, Michael Douville, Prophecy with tags , , , , , , on June 17, 2021 by paulthepoke

Inflation Fears! G7 Meeting to Inflate the GLOBE! Modern Monetary Theory of just Printing Money!

Photo: Reuters/Patrick Semansky

What is the G7? The seven members (UK, USA, Canada, Japan, Germany, France and Italy, plus the EU) are all bound by shared values as open, democratic and outward-looking societies. 

In past years the G7 has taken action to strengthen the global economy and combat tax evasion, save 27 million lives from AIDS, tuberculosis and malaria, and supported the education of millions of children in the poorest countries. In 2015 its members led the way in helping secure the historic Paris Climate Agreement to limit global emissions. 

We are in unprecedented times. On 11-13 June 2021, the Prime Minister used the first in-person G7 Summit in almost two years to ask leaders to seize the opportunity to fight and build back better from coronavirus, uniting to make the future fairer, greener and more prosperous.

https://www.g7uk.org/what-is-the-g7/

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Did the leaders just decide to cause Global Inflation at the G7 Meeting? Are they ready to try to just print, print, print to spend, spend, spend using the Modern Monetary Theory?

At the G7, there was talk of Globally raising taxes. It is time to learn to shelter Income. If you do not have “Real Assets”, you may be in Real Trouble! Will all of the Global Currency be devalued by 10%, 20%, 50%, a 100%??? That is how the Debt can be controlled.

If you just owned 2 rentals, the investment could help maintain your Wealth and maintain your Purchasing Power. Real Estate is a great, great Inflation Hedge; probably the best the average person can have. Easy to buy, easy to finance.

A couple rentals bought now, may be one of the best investments of your life.

To be involved, to ask any questions, for us to help acquire a few rentals for you in Phoenix: michael@michaeldouville.com

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Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

A hallmark of the beginning of the tribulation is hyperinflation as noted in Revelation 6 which leads to global famine. Revelation 6 talks of a time when it will cost a day’s wage just to eat.

The question needs to be asked again. Did the leaders just decide to cause Global Inflation at the G7 Meeting?

Are we there yet?

We know how we get to the beginning of the tribulation: a peace maker, war, hyperinflation, starvation. We are trending and living in inflationary times…

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D 10 Alliance Proposed, June 2020

Posted in #PaulthePoke, Prophecy, Trend Update with tags , , , , on June 2, 2020 by paulthepoke
http://www.opindia.com

The United Kingdom is proposing a new economic alliance to combat China’s 5G Technology. The 10 nations would include the United Kingdom, United States, Italy, Germany, France, Japan, Canada, Australia, South Korea, and India. This would effectively be the G7 plus three new countries.

China is home to the telecom company Huawei, the major player on the global market. The proposed alliance would create competition against China for telecommunications equipment.

The United States has recently placed sanctions on Huawei. American chips can no longer be sold to Huawei as a result. The concern of the United States is having China spying on global allies with American made equipment.

For more details of the alliance, see the link below.

https://www.opindia.com/2020/05/d10-britain-alliance-india-south-korea-australia-g7-china-monopoly-5g-huawei/

To be clear, I am not suggesting this is the 10 nation kingdom of the end times. This is a proposal, nothing more, nothing less. Even if this 10 nation group becomes as proposed, this does not mean Scripture has been fulfilled. The actual 10 nation kingdom may be yet future. But, this alliance is worth watching for prophetic reasons.

Below is what the Bible has to say about the 10 nation kingdom. Notice, this alliance does not reach the height of its power until Revelation 13. It is announced between the trumpet and bowl judgments. This is 2/3 of the way through the series of judgments.

Revelation 13:1 And I saw a beast rising out of the sea, with ten horns and seven heads, with ten diadems on its horns and blasphemous names on its heads.

Revelation 17:12 And the ten horns that you saw are ten kings who have not yet received royal power, but they are to receive authority as kings for one hour, together with the beast.

Daniel 7:19-20 Then I desired to know the truth about the fourth beast, which was different from all the rest, exceedingly terrifying, with its teeth of iron and claws of bronze, and which devoured and broke in pieces and stamped what was left with its feet, and about the ten horns that were on its head, and the other horn that came up and before which three of them fell, the horn that had eyes and a mouth that spoke great things, and that seemed greater than its companions.

Daniel 2:40-43 And there shall be a fourth kingdom, strong as iron, because iron breaks to pieces and shatters all things. And like iron that crushes, it shall break and crush all these. And as you saw the feet and toes, partly of potter’s clay and partly of iron, it shall be a divided kingdom, but some of the firmness of iron shall be in it, just as you saw iron mixed with the soft clay. And as the toes of the feet were partly iron and partly clay, so the kingdom shall be partly strong and partly brittle. As you saw the iron mixed with soft clay, so they will mix with one another in marriage, but they will not hold together, just as iron does not mix with clay.

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