Archive for the next phase

Improving Economy and Big Time Government Spending… Michael Douville

Posted in #PaulthePoke, Michael Douville, Prophecy, Trend Update with tags , , , , , , , , on March 10, 2021 by paulthepoke

The Purchasing Managers’ Index (PMI) points to an Improving Economy. The Economy is recovering. How long will it be before Inflation and Higher Rates start in earnest? Inflation reduces purchasing power.

Rising rates will cause Bond Risk. Is it time to Refinance? Rising rates threaten Bond holders. Is it time to lock in loans?

Check out Michael’s assessment on the economy. Click on the video below.

michael@michaeldouville.com

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The price of food is going up around the globe. Food prices have increased for the ninth consecutive month. The cost of eating is as high as it has been since 2014. Grain prices have shot up 25% in the last year.

https://www.zerohedge.com/economics/us-consumer-prices-jump-fastest-pace-7-months-february

Today, Congress approved a $1.9 trillion stimulus plan for the United States. President Biden plans on signing the bill into law on Friday, March 12, 2021. Direct payments to the people along with emergency unemployment payments are part of the plan. For those who are interested where the money is going, click on the link below.

https://apnews.com/article/what-is-inside-covid-19-bill-relief-package-52fa93ac75d38eae4cd3dbb6402e7eba

Wait! President Biden is not finished. On Thursday night, March 11, 2021, the President is looking to do more with “The Next Phase”. Here comes a massive infrastructure plan. And after that, the Biden Administration is looking to rid the planet of cancer.

https://www.zerohedge.com/political/here-come-trillions-more-biden-will-unveil-next-phase-covid-response-thursday

Crank up the printing press. More money! more money! more money!

And remember, Revelation 6 is promised. The Bible says hyperinflation is coming at some point in the future. Revelation 6 talks of a time when it will cost a day’s wage to eat. We are not there yet. But, the pace of food inflation is increasing.

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!”

Michael has a new book coming. Details will be made available.

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