Archive for Inflation

Iranian Resources Targeted in Damascus, November 2019

Posted in #PaulthePoke, Burden of Damascus, Ezekiel 38-39, Persia/Elam/Iran, Prophecy, Trend Update with tags , , , , , , , , , on November 20, 2019 by paulthepoke

Isaiah 17:1 The oracle concerning Damascus. “Behold, Damascus is about to be removed from being a city and will become a fallen ruin.

November 18, 2019: Four missiles were launched from Syria into Israel. The Israel Defense Forces (IDF) indicated that none of the missiles reached Israel. One day later…

November 19, 2019: Israel has responded with a large scale attack on Iranian and Syrian targets in and around Damascus, Syria.

According to a report from The Times of Israel and satellite photos from ImageSat International, Iranian targets at the Damascus International Airport and the al-Mazzeh Airport were identified and struck. Both of these sites were believed to be occupied by the Iranian Quds Force. Quds is the Arabic name for Jerusalem. It means “Holy One”.

Photo: ImageSat International
Photo: ImageSat International

Other targets during the intervention included dozens of other Quds Force locations along with Syrian military hardware. Syrian air defenses were also destroyed in the counter attack.

The Syrian Observatory for Human Rights (British monitored) stated Quds Force arms depots in the Damascus suburbs of Kisweh and Qudsaya were obliterated.

“Our message to the leaders of Iranian is simple: You are not immune anymore. Wherever you send your octopus arms, we will hack them off.” -Naftali Bennett, Israeli Defense Minister

“I have made clear that any who attack us, we will attack them. That is what we did tonight toward military targets of the Iranian Quds Force and Syrian military targets.” -Prime Minister Benjamin Netanyahu

For more details and satellite imagery, see the link below.

https://www.timesofisrael.com/photos-show-alleged-quds-force-headquarters-destroyed-in-idf-strikes/

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November 20, 2019: Meanwhile back in the home country of Iran… The internet has been cut off to the population for going on the fourth day. There is no international access to the world for the people of Iran.

Go to Twitter and search #IranProtests. Warning! The pictures and video under this hashtag are not for the faint of heart.

Economic sanctions are taking their toll in Iran. The government is desperate for money. Gasoline is being rationed and as a result prices have spiked from 50-300%. People are struggling to buy basic goods. The citizens have taken to the streets of over 100 cities across Iran to protest.

The government has responded with live ammunition fire on the citizens. Over 1,000 people have been arrested. At least 106 have been killed along with hundreds of other injuries. Some estimates are doubled with over 200 dead. Numbers are difficult to assess due to a lack of communication inside the country. Journalists are not allowed entry into Iran at this time. See details below from Amnesty International.

https://www.amnesty.org/en/latest/news/2019/11/iran-more-than-100-protesters-believed-to-be-killed-as-top-officials-give-green-light-to-crush-protests/

The following is from DW News out of Germany. This is a three minute story summarizing current happenings of the last five days in Iran.

https://www.dw.com/en/tv/dw-news/s-3232

Iran’s Supreme Leader Ayatollah Ali Khamenei made the following observation. He indicated these protests were not from the citizens of Iran.

“Friends and enemies should know we have pushed the enemy back in the military, political and security war arena. This work of these days has been security work, not from the people.” -Supreme Leader Ayatollah Ali Khamenei

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2,600 years ago, the prophet Ezekiel stated Russia, Iran, and Turkey would invade Israel for economic reasons. They want to steal their natural resources.

Ezekiel 38:12-13 to seize spoil and carry off plunder, to turn your hand against the waste places that are now inhabited, and the people who were gathered from the nations, who have acquired livestock and goods, who dwell at the center of the earth. Sheba and Dedan and the merchants of Tarshish and all its leaders will say to you, ‘Have you come to seize spoil? Have you assembled your hosts to carry off plunder, to carry away silver and gold, to take away livestock and goods, to seize great spoil?’

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Turkish Lira Still Falling: Trouble Ahead!

Posted in Ezekiel 38-39, Michael Douville, Prophecy, Trend Update with tags , , , , , , , , , , , on September 3, 2018 by paulthepoke

Featuring: Michael Douville, Paul Lehr

Ezekiel 38:1-3 The word of the Lord came to me: “Son of man, set your face toward Gog, of the land of Magog, the chief prince of Meshech and Tubal, and prophesy against him and say, Thus says the Lord God: Behold, I am against you, O Gog, chief prince of Meshech and Tubal.

Ezekiel 38:6 Gomer and all his hordes; Beth-Togarmah from the uttermost parts of the north with all his hordes—many peoples are with you.

The brothers of Magog (Meshech, Gomer, and Tubal) appear to point to modern day Turkey.

For more evidence pointing to modern day Turkey, see the link below.

https://godinanutshell.com/2017/08/08/ezekiel-38-who-are-meshech-tubal-gomer-beth-togarmah/

TurkeyTrouble

https://michaeldouville.com

Michael Douville is a syndicated writer for the Wall St. Greek.

Capital is the Life Blood of Business. When Credit is readily available, expansion of existing facilities to increase production becomes possible. With new production, employment expands, a ripple effect and a virtuous spiral starts spreading throughout the Economy. Optimism and Hope prevails as the outlook for the future brightens! Hope and Optimism are being crushed in Turkey!

Monday August 27, 2018, Turkey’s 10 year Bond closed over 21%.  These rates spell doom for the Turkey.

Commercial debt in Turkey is estimated as $330 Billion US Dollars; Us Dollars have become a very precious commodity. The Turkish Lira has been declining for several years, but the US Dollar index DXY seems to have stopped declining and bottomed at 88.5 in February of this year and has been flirting with 97 just 6 months later; a technical target of 103.8 has been suggested by several analysts. The strategy of borrowing in a declining currency and gambling that the decline will hold until time for  repayment has backfired on all of the Emerging Market debtors; Turkey has also lost that bet!  Not only has the Turkish Currency declined, economic conditions have deteriorated swiftly causing a lack of confidence which then results in a Credit Risk Premium for new debt.

The unfortunate reality is Corporate and Sovereign Debt is never retired, just Refinanced; this negative loop has driven rates higher, unsustainably higher.  Monday August 27, 2018, Turkey’s 10 year Bond closed over 21%.  These rates spell doom for the Turkey.

Business will certainly suffer as Credit becomes illusive.  Employment will suffer and Optimism will die. Compounding the loss of credit is the Currency Inflation that will transform any imported Goods or Services such as Oil, electrical and machinery spare parts, medicine, iron and steel plastics, fertilizer, and many industrial components into extremely expensive items; the Turkish Lira has lost 40% this year alone. This currency inflation will affect the populace as the Currency Inflation devastates their buying power. If shoes and jeans, bread and butter, antibiotics and insulin become HYPER EXPENSIVE, expect civil unrest!

 

Turkey has the real possibility of defaulting on it’s debt! Planned, intentional? Probably not! It really does not matter.  Turkey will look for new allies to extend crucial new credit such as Russia and China. New Business allies often become new military allies; overtures to other previously unthinkable Middle East nations such as Iran become thinkable.  Turmoil may be on the Horizon.

Learn the lessons from Turkey! Debt eventually overwhelms everyone and everything! Inflation, even currency inflation, raises the price of real things. Therefore, invest in REAL things, get out of personal debt,  use investment debt judiciously and preferably use a fixed rate. Review your reserves and stockpile things that might become difficult to buy if Turmoil comes to our shores! Maintain and extend cash levels to weather an extended storm!

https://paulthepoke.com/2018/08/13/turkey-sovereign-systemic-trouble/

https://michaeldouville.com

 

Trend Update: Russia (Magog)/Israel, Ezekiel 38-39, February 2016

Posted in Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , , , , , , , , , , , , , , on February 17, 2016 by paulthepoke

Ezekiel 38:13 Sheba and Dedan and the merchants of Tarshish with all its villages will say to you, ‘Have you come to capture spoil? Have you assembled your company to seize plunder, to carry away silver and gold, to take away cattle and goods, to capture great spoil?

Who are Sheba and Dedan? They are first mentioned in Genesis 10:7 The sons of Cush were Seba and Havilah and Sabtah and Raamah and Sabteca; and the sons of Raamah were Sheba and Dedan.

Seba-Dedan2

The family tree starts with Noah, then his son Ham, then his son Cush, then his son Raamah and his sons Sheba and Dedan.

Historically, per Strong’s Concordance and NET Bible, Raamah settled in the southwest of the Arabian Peninsula. Sheba settled in the southern Arabian Peninsula. Dedan settled in the northern Arabian Peninsula. These areas make up what is modern day Saudi Arabia.

Dedan was an ancient capital of Saudi Arabia. It is modern day Al Ula in northwest Saudi Arabia.

Tarshish is a term and people that is difficult to define. Some believe Tarshish to be nations of the northern Mediterranean. Some believe Tarshish to be Spain. Either way, this region appears to be modern day Western Europe.

https://paulthepoke.com/2012/02/12/isaiah-215-18-ships-of-tarshish/

The Bible and ancient historians point to the fact the land of Magog is modern day Russia. Gog is their leader. See attached post.

https://paulthepoke.com/2015/01/07/trend-update-russia-magogisrael-ezekiel-38-39-january-2015/

The brothers of Magog appear to be linked to modern day Turkey. They include Gomer, Meshech, and Tubal. Historically, Turkey is also known as the House of Togarmah. See the link below for specifics.

https://paulthepoke.com/2015/12/09/trend-update-russia-magogisrael-ezekiel-38-39-december-9-2015/

In the last weeks (prior to February 14, 2016), there has been a military build on the borders of Turkey. Alliances are being formed.

On one side we have NATO (United States and European Union) with Turkey as an organization member. Turkey is now being supported with military hardware from Saudi Arabia. Both Turkey and Saudi Arabia are Sunni Muslim nations.

http://www.breitbart.com/jerusalem/2016/02/13/turkey-saudi-arabia-may-send-ground-troops-to-fight-isis/

http://www.cbsnews.com/news/turkey-saudi-arabia-threaten-ground-troops-syria/

On the other side we have Russia, Iran, Syria, and Lebanon. These Muslim nations in alliance with Russia are Shia.

http://www.pravdareport.com/world/asia/12-02-2016/133320-turkey_saudi_arabia_russia_syria-0/

http://timesofindia.indiatimes.com/world/middle-east/Saudi-Arabia-moves-troops-to-Turkey-as-base-for-Syria-invasion/articleshow/50975093.cms

For the first time in history, Israel will be exporting natural gas. Israel has recently contracted with Turkey to sell natural gas. The deal is worth $1.3 billion. The Leviathan reserve is online and open for business. Delivery to Turkey is expect to begin in 2019.

Israel already has an agreement with Cyprus. Delivery is expected to begin in 2019. A further connection to Greece is also under consideration.

This is going to cut into Russian energy market share.

http://www.jpost.com/Business-and-Innovation/Leviathan-signs-first-gas-deal-at-13-b-443426

http://news.yahoo.com/israel-mulling-twin-gas-pipelines-turkey-greece-energy-172924136.html

The Russian economy is in the tank. Inflation is spreading in Russia due to a weak ruble. $1 is equal to 80 rubles. Hyperinflation is starting to occur throughout the nation. Translation…that is an expensive loaf of bread.

Have you come to capture spoil? Have you assembled your company to seize plunder, to carry away silver and gold, to take away cattle and goods, to capture great spoil? Yes, Russia (as they see it) has economic reason to invade Israel.

Ezekiel 38:13 says Sheba and Dedan (modern day Saudi Arabia) along with Tarshish (loosely Europe) will object and protest against Russia and its surrogates. Currently (February 2016), the protest is against Russian activity in Syria. Ultimately, the protest will be against the invasion of Israel.

PaulthePoke

Prophecy Watch & Bible Study

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