Sat, 11 May 2024 10:24:02 -0700WeeblyMon, 19 Sep 2022 23:41:53 GMThttp://plim2.org/9-18-22_ffp_-eve-of-depression/9-16-22_ffp_-eve-of-depressionPLIM Financial Preparedness Notes Sunday, 09-18-2022 
Dr. Lee Warren, BA, PLIM Inc. Founder & CEO 
Scripture Lesson: Gen. 45:3-7

Topic: The Eve of the Depression is Here!
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Genesis 45:3-7
“3 And Joseph said unto his brethren, I am Joseph; doth my father yet live? And his brethren could not answer him; for they were troubled at his presence. 4 And Joseph said unto his brethren, Come near to me, I pray you. And they came near. And he said, I am Joseph your brother, whom ye sold into Egypt. 5 Now therefore be not grieved, nor angry with yourselves, that ye sold me hither: for Elohim (God) did send me before you to preserve life. 6 For these two years hath the famine been in the land: and yet there are five years, in the which there shall neither be earing nor harvest. 7 And Elohim (God) sent me before you to preserve you a posterity in the earth, and to save your lives by a great deliverance.”
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Videos of the Day


Clif- The Liberty Offensive: While the Fed Nukes the Economy, Metals
Time 26:22 - 32:30 Culmination  Crises


It’s Russia and China versus the American Dollar
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Topics and Headline News
Tsunami warnings issued after 6.9-magnitude earthquake hits Taiwan


Billionaire economist predicts Fed hike in interest rates to 4.5% will crater stocks by a FIFTH


WARNING! Federal Reserve Plans To CRASH The Stock Market & Economy In GREAT RESET Move
Time First 5 minutes


The Saudi Arabia-Russia Alliance is Finally Out in the Open


Billionaire economist predicts Fed hike in interest rates to 4.5% will crater stocks by a FIFTH


Billionaire Investors Panic & CEO'S Miserable With $7.5 Trillion In Losses


Canada's Government-Run Healthcare Is Euthanizing Sick & Poor People


Electric Bills Soar Across the Country as Winter Looms


CHRISLAM CONFIRMED: Led By Pope Francis, Leaders Of The World’s Religions Formally Adopt Human Fraternity Document At 7th Congress


U.S. rail strike averted, but labor deal faces tough union votes
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Dr. Warren told you that the Fed Chair Powell said that stopping inflation would cause much pain, which PLIM has told you for years.


Powell: Fighting Inflation Will ‘Bring Some Pain’ 


Great Deception is transpiring by the government and Wall Street painting a picture with their propaganda that the economy is not as bad for it is not in a recession. Even though the definition of recession for the last fifty years has been two negative quarters of GDP back to back.


KARINE JEAN-PIERRE: "2 Consecutive Quarters Of Negative GDP" Is "Not The Definition Of A Recession"


Stock Markets Crash on Inflation Numbers for August 22
“Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.


The Dow Jones Industrial Average slid 1,276.37 points, or 3.94%, to close at 31,104.97. The S&P 500 dropped 4.32% to 3,932.69, and the Nasdaq Composite sank 5.16% to end the day at 11,633.57.


More than 490 stocks in the S&P 500 fell, with Facebook-parent Meta skidding 9.4% and chip giant Nvidia shedding 9.5%.


The drop erased nearly all of the recent rally for stocks, pulling the S&P 500 back toward its Sept. 6 close of 3,908 and causing some traders to glance back at mid-June, when the index fell below 3,700.”
Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report


Depression/Recession Will Be Manifested 3-6 Months 2022 or by 2023
This timeline may be extended. They are talking about a two-year recession that’s doubtful. It may be worse than what they are prognosticating


As stated above the Dow fell almost 1300 points Tuesday 9-13-22, due to rise Consumer Price Index (CPI) numbers.  


The Dow, and other market indexes S&P 500 and the NASDAQ, may possibly continue their 5-week decline. If the decline continues this week, it would be making it a five-week decline.


This decline in the markets indexes are due to the fact the Fed Reserve will continue to fight 40-year record inflation by increasing the interest rates. 


This Tuesday and Wednesday, September 20-21 the Feds are expected to raise the Fed fund interest rate by 0.75%. or there is talk of a 1.00% increase which would devastate the stock markets. This will raise the interest rates to 3.0% - 4.00%, with two more interest rate increases this year,  November and December.


The Crash of a Lifetime - Robert Kiyosaki, Kim Kiyosaki, @Harry S. Dent Jr.
https://youtu.be/pQorwSbpD5k?t=300
Time 5:00 - 12:15


These are two segments of the economy that must recover for the economy to recover.


China the second largest economy is no help either because it is having severe economic problems with debt in real estate and the railroad.


Events that cause the collapse


Por que Africa será Dividida e Colonizada Novamente, First 1 minute, 11:00


TERRIFYING Report That Sent All Markets Crashing! (Stocks, Bonds, Crypto & Gold)
Time First 5:20


Phase 2 of Housing Crash Just Started (Rental Collapse in Phoenix)


On January 1st, 2023, Illinois jails will turn many prisoners loose


SUBPRIME MORTGAGES ARE BACK! 0% down, No Closing Costs & No payments: The Housing Market Is Doomed.


Markets Running On Dangerously Weak Breadth


Angry Europeans Take to the Streets Amidst An Energy Crisis
                                                 
Russian Ruble tied to Gold for buying Russian OIL


Stock markets , Bitcoin, West Texas Oil, Gold and Silver Continues To be very volatile (Monthly since the Fin Prep)
See Monthly ChartsDOW, S&P500, Bitcoin, Oil West Texas $WTIC, Gold, Silver
All Commodities have recently decline due to a high dollar, still are very volatile - SuperCycle
Real Time Commodity Futures Prices


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9-17-22_PLIM Blog_Why Can't Leaders Discern


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Introduction
Dr. Warren reviewed the topics covered in the PLIM Blogs posted above, and covered the points below. The discussion was video taped and the webinar is available to PLIM Members.


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Gold & Silver News


Did A Billionaire Buy $50 million in Silver Eagles? - Andy Schectman


Texan Billionaire Drops 50 Million on Silver and Gold including 900 THOUSAND Silver Eagles


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