Thu, 09 May 2024 19:44:15 -0700WeeblyFri, 10 Mar 2023 22:43:46 GMThttp://plim2.org/3-11-23_plim-blog_more-news-itrsquos-all-bad/3-11-23_plim-blog_More News: It’s All Bad.
Banks & Stock Markets Collapsing; Foreigners Selling U.S. Treasury Bonds while US Can’t Sell their Treasury Bonds; in the Next Few Weeks Russia Getting control of Ukraine major city Bakhmut 
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Video of the Day


Bank Meltdown Is Coming And It Will Wipe Out All Of Your Money

SVB Fails, "This Could Be The Big One" | Bob Moriarty
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Introduction to Jubilee Cycles 
This article will focus on the bankruptcy of Silicon Valley Bank, Silvergate Capital bank, and the Federal Reserve Bank, being the chief cause of this debacle, who raised interest rates.


The year 2023 is a reflection of a Jubilee year, where all of Israel’s debt was forgiven (Lev. 25:8-55) under the law Yahweh gave to Moses. A debt jubilee is where there are seven sabbaths of years, 49 years, a cycle of 7 x 7 = 49 (Lev. 25:8-9). The Jubilee law was fulfilled by Yahshua Messiah bringing an end to all debts, including Adam and Eve’s death due to their transgression by His crucifixion, burial, and resurrection setting up the New Covenant, on June 6, AD 34 in Jerusalem ending the Post Diluvian age (Dan. 9:24).


Now 1960 AD was another reflection of a Jubilee year. In reality, it was the first starting point from the birth of the Messiah to 1960 AD. Dr. Kinley said 1960 AD was the end of the third age in time age, in his textbook God, The Archetype Pattern. of the Universe. See (18) TSADDI (Psalm 119:137-144), Vol. 1, p. 119.
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There are three Jubilee cycles ending the age. Now the Jubilee cycles ending the age are 4 cycles of 490 or 4 x 490 years = 1960 years. For an explanation of 490 years cycle and 1960 years cycle, see Text, Vol. IV, pp. 46-47. Also see The President's Paper - 1984, Bottom of p. 35-38

1. Starting from the birth of Abraham 1995 BY to the death of the Messiah are 4 x 490 years = 1960 years. This is a principle, not literally 1960 years. See Vol.4, p. 46. This is the first Jubilee Yahshua fulfilled the Law and Prophets which brought the Law of Moses to an end and ushered in the New Covenant.  More on this later. This is where Israel was financially destroyed by earthquakes and the ending of all ritual ceremonies and baptisms. 
2. The second Jubilee cycle is being repeated by ending an age beginning with the birth of the Messiah to 1960 AD.  Now the first jubilee or 49 years after 1960 AD was 2009 AD (1990 + 49 years = 2009). This was the year of the subprime mortgage crisis of 2007-2010 when Lehman Bros. and Bear Stearns collapsed along with Wall Street Banks, and later the world’s economic system. The Fed Reserve Bank had to bail out all the world banks. This was the second largest US financial banking system collapse. The first one would be 1929.
3. Now there is another 1960 cycle that begins in 1990 which begins at the Messiah’s death. The true 1960 of the age starts at the Messiah’s death, burial, and resurrection, and outpouring of the Holy Spirit and from pentecost 33 AD (33 1/2 or 34 AD), not his birth, to 1960 years later, 1993 AD - 4 = 1989. 

 See What Time Is It from a Divine Stand Point? Cycles in the 21st Century for more details.


34 AD + 1960 = 1994 + 33 = 2027 AD.  There is a 4 year error that must be accounted for, bringing us to 2023. More on this later. 
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The year 2023 has seen the largest bank failures in US history.


The massive market decline was caused by the collapse of Silicon Valley Bank (SVB) and Silvergate Capital. SVB's stock crashed 60% Thursday after the company said it would sell more shares to cover a $1.8 billion loss it incurred after completing a $21 billion fire sale of its bond portfolio. Both banks were closed  by the FDIC.


Now the Feds finally  blew up the system by raising interest rates higher until they broke something. Well it finally happened. Rising rates caused the bonds portfolio of SVB and Silvergate Capital to fall in value.    
An article entitled “Turmoil at Silicon Valley Bank triggers market panic: Four biggest US banks lose staggering $52 BILLION in valuation and Dow drops 540 points”  states: “But as rising interest rates battered the tech startups that the bank primarily serves, declining deposits forced SVB to sell off bond holdings -- which in the meantime had plunged in market value due to the rising rate environment.” 
Turmoil at Silicon Valley Bank triggers market panic: Four biggest US banks lose staggering $52 BILLION in valuation and Dow drops 540 points




“The bank’s troubles echo some of the issues that ended up sinking Silvergate Capital Corp., another California lender that targeted a specific market. In Silvergate’s case, it was cryptocurrency firms. The volatility of crypto-related deposits combined with losses the bank sustained on its securities portfolio led Silvergate to wind down operations and liquidate its bank.”
Read more: Silvergate Bet Everything on Crypto, Then It All Evaporated
“Silvergate and SVB “in fact are victims of the same phenomenon as Fed tightening extinguishes froth from those parts of the economy with the most excess — and it’s hard to find more excess than in crypto and tech startups,” said Adam Crisafulli of Vital Knowledge."
SVB Drops Most on Record as Startup Clients Face Cash Crunch


Here’s Cramer doing it again.  He urged his clients to buy SVB a month before it crashed.


CNBC’s Jim Cramer urged viewers to buy Silicon Valley Bank stock last month


NY cops were called to block investors trying to pull funds from SVB in Manhattan
Silicon Valley Bank calls NYPD on investors trying to pull cash out


Billionaire wants government to bail out SVB
Billionaire investor Bill Ackman calls on the US government to consider a bailout of Silicon Valley Bank if private investors won't step up


Dow closes more than 300 points lower, posts worst week since June as Silicon Valley Bank collapse sparks selloff: Live updates


SVB Rocks California as Founders Join Napa Vintners in Fear


Rising Interest rates also effect countries’ currency values. Woe to the troubled the dollar that weaves chaos into the rest of the world.
An International Currency Crisis is Threatening the Total Economic Collapse of Several Countries   


Contagion has spread to other banks causing massive fear, panic and selloff in the banking section and the tech industry. 
Here are some of the consequences.

• “Four of America's biggest banks lost a combined $55 billion of market value in a single day as financial stocks plunged.
• US bank shares took a beating Thursday amid fears of contagion effects from the turmoil at Silicon Valley Bank and Silvergate.
• JPMorgan saw the biggest tumble in market value among US lenders, losing $22 billion.”  
• Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day

Trust the Fed? Investors are Selling US Bonds to Hold Gold, U.S. fell into a black hole of DEBT.


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