More That Could Trigger the Storm
The past two days, we looked at a variety of factors which could derail our economy and destroy the value of the dollar, along with all of your wealth. Today we’ll look at a few more bombs set to go off in the near future. 1) Tax Increases. President Bush and the Congress of that […]
This Blog: An Update
We are excited to let you know about an upcoming change to our website. We originally wanted the web address kingdomcalling.com – but it was not available, so we went with kingdomcallingadvisors.com. In the meantime, kingdomcalling.com has become available, so we bought it and are now moving there. We are making this switch on November […]
What Would it Take to Push the US Economy Over the Edge?
We’ve established that the US has an untenable amount of debt which is growing at incredible rates, and that foreigners are becoming more and more uncomfortable holding this debt and dollars in general. The US is in a precarious position, and those of us who live here are the ones who will most feel whatever […]
What Happens if Foreigners Don’t Want our Dollars Anymore?
Even with the devaluation of our currency over the decades, the US Dollar is still the world’s reserve currency today. People have felt for many years that it’s a safe place to hold their wealth. Foreign governments hold their wealth in US Dollars. Financiers the world over have done the same. Even most commodities are […]
The US Deficit & Debt
This year, the US government will spend more than twice what it earns. It’s taking in $1.6 Trillion in tax revenue and spending $4 Trillion. Again, how long could you spend more than twice what you make before your creditors stopped lending to you? Our government admits to owing close to $12 Trillion, but there […]
What is the US Dollar Worth? – Fiat Currency & a History of The Gold Standard
The US Constitution established the right of the Federal Government “to coin Money, regulate the value thereof,” and so in 1792, they did so by establishing the value of a dollar at roughly 1/20th of an ounce of Gold. So $20.67 bought one ounce of gold. Today it takes over $1000 to buy an ounce […]
One More Word on Whether or Not the Economy Can Improve
Yesterday, we spoke of the possibilities for improvement in our economy- as well as barriers which could make the normal ebb and flow of recession and growth difficult. For many decades, the government has been using the mechanism of interest rates to influence the economy. In each cycle that has occurred in the past, the […]
Can Our Economy Improve?
Yesterday, we spoke about both of the dire realities of our economy and the glimmers of hope. The question is: Can things improve? The US has a lot going for it. We have a country with a history of freedom and opportunity where anyone is free to accomplish anything they put their mind to. So […]
What’s the Outlook for the US Economy?
We’ve covered the spiritual side of what’s about to happen (over the next decade) in this country, and now we’ll begin a series looking at the financial basis for this. Spiritual realities and truths are always controlling physical events, but you can see signs in the physical events themselves. Actually, God very often teaches us […]
Turning Toward God in Crises
For several days, we’ve talked about the economic storm that is coming to hit this country (and most of the world). We’ve covered some of the effects that this will have on the world and on the Body of Christ. The last thing we’ll talk about in this series is the effect it will have […]