And after these things I saw another angel come down from heaven, having great power; and the earth was lightened with his glory. And he cried mightily with a strong voice, saying, Babylon the great is fallen, is fallen, and is become the habitation of devils, and the hold of every foul spirit, and a cage of every unclean and hateful bird. Revelation 18:1-2.
I never considered myself a Biblical scholar by any stretch of the imagination but I have always been, like a lot of other people, fascinated with Biblical prophecy. Over the years I have heard various interpretations of different prophecies and while they were interesting none of them really stuck with me until I came across William Finck’s work over at Christogenea.
Finck’s interpretation of the Bible matches up with what I see happening in the real world. For instance anyone that tells you that the Jews are God’s chosen people and they are the Israelites of the Old Testament is full of it. Jesus was not a Jew, God is not Jewish and today’s Jews are descended from the ancient Edomites/Canaanites and Khazars – not the Israelites or Judahites. As Christ himself said they are the Children of the Devil. Anyone that does any research into modern Jews is well aware of the evil deeds that this tribe has carried out. Ye shall know a tree by its fruit and this race has not produced any good fruit.
Jews are behind usury, organized crime, all of the wars, terrorist attacks, assassinations, recessions, depressions – the list goes on and on. If these people are not the Children of the Devil then who is? The Jews are God’s Chosen People but what they don’t tell you is that their God is Satan not Yahweh the God of Israel.
Once you understand who the Jews really are and who the Twelve Tribes of Israel are today (White Europeans) then the Bible starts making a whole lot more sense.
With all of that being said let’s listen to Finck’s presentation from 3/12/2016 Christian Expectations.
Babylon the Great is the Jewish Economic System
In Revelation chapter 17 there appears a great whore, and we can identify the whore as the collective children of Israel who had previously been described as the woman of Revelation chapter 12. Then we see a depiction of the great beast that she is joined to, and something happened in the late Middle Ages whereby the woman became a whore and the kingdoms of Christendom were turned over to a system controlled by a beast. This we can see as Global Capitalism, of which Global Communism is a fully-owned subsidiary, and it belongs to Satan: the international Jew. In that chapter we see a description of seven kings, which are the seven previous Adamic world empires, and an eighth which is of the seven, which is is controlled by world Jewry and the beast of Revelation chapter 17. And at the end of Revelation chapter 17 we read, in part, of horns of the beast which hate the woman and it says of those horns: “17 For God hath put in their hearts to fulfil his will, and to agree, and give their kingdom unto the beast, until the words of God shall be fulfilled.” So in Revelation chapter 18, the global system of governance and commerce which is put into place by the beast is called Mystery Babylon, and this is where we stand today.
Collectively, the children of Israel are represented in the Revelation at first as a woman, and then as a whore, because she had joined herself to this beast. Ostensibly, that joining was done voluntarily, and we have seen this unfold before our own eyes over these last couple of centuries. For this reason it is the woman who wears the name of this beast, “Mystery Babylon the Great, the Mother of Harlots and Abominations of the Earth.” And while the Kingdoms of Christendom are in the hands of the beast to which the woman had joined herself, we have an assurance, found in Daniel chapter 7, “27 And the kingdom and dominion, and the greatness of the kingdom under the whole heaven, shall be given to the people of the saints of the most High, whose kingdom is an everlasting kingdom, and all dominions shall serve and obey him.
Finck’s analysis that the Jewish economic system is Mystery Babylon appears to be right on the money. Some have postulated that Mystery Babylon is a city, a country or the Catholic Church I think the best fit is the Jewish economic system. Indeed, the Jewish banking/commerce system fits in other chapters in Revelation and it encompasses Catholicism and Judaism as well as Global Capitalism and Global Communism.
Is the Jewish economic system on the verge of collapse? It certainly appears to be. Once you understand what financial derivatives are then you can see the current Beast economic system is going to eventually collapse due to greed and corruption.
What is a ‘Derivative’
A derivative is a security with a price that is dependent upon or derived from one or more underlying assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its value is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes.
Derivatives either be traded over-the-counter (OTC) or on an exchange. OTC derivatives constitute the greater proportion of derivatives in existence and are unregulated, whereas derivatives traded on exchanges are standardized. OTC derivatives generally have greater risk for the counterparty than do standardized derivatives.
BREAKING DOWN ‘Derivative’
Originally, derivatives were used to ensure balanced exchange rates for goods traded internationally. With differing values of different national currencies, international traders needed a system of accounting for these differences. Today, derivatives are based upon a wide variety of transactions and have many more uses. There are even derivatives based on weather data, such as the amount of rain or the number of sunny days in a particular region.
Because a derivative is a category of security rather than a specific kind, there are several different kinds of derivatives in existence. As such, derivatives have a variety of functions and applications as well, based on the type of derivative. Certain kinds of derivatives can be used for hedging, or insuring against risk on an asset. Derivatives can also be used for speculation in betting on the future price of an asset or in circumventing exchange rate issues. For example, a European investor purchasing shares of an American company off of an American exchange (using U.S. dollars to do so) would be exposed to exchange-rate risk while holding that stock. To hedge this risk, the investor could purchase currency futures to lock in a specified exchange rate for the future stock sale and currency conversion back into Euros. Additionally, many derivatives are characterized by high leverage.
Common Forms of ‘Derivative’
Futures contracts are one of the most common types of derivatives. A futures contract (or simply futures, colloquially) is an agreement between two parties for the sale of an asset at an agreed upon price. One would generally use a futures contract to hedge against risk during a particular period of time. For example, suppose that on July 31, 2014 Diana owned ten thousand shares of Wal-Mart (WMT) stock, which were then valued at $73.58 per share. Fearing that the value of her shares would decline, Diana decided that she wanted to arrange a futures contract to protect the value of her stock. Jerry, a speculator predicting a rise in the value of Wal-Mart stock, agrees to a futures contract with Diana, dictating that in one year’s time Jerry will buy Diana’s ten thousand Wal-Mart shares at their current value of $73.58.
The futures contract may in part be considered to be something like a bet between the two parties. If the value of Diana’s stock declines, her investment is protected because Jerry has agreed to buy them at their July 2014 value, and if the value of the stock increases, Jerry earns greater value on the stock, as he is paying July 2014 prices for stock in July 2015. A year later, July 31 rolls around and Wal-Mart is valued at $71.98 per share. Diana, then, has benefited from the futures contract, making $1.60 more per share than she would have if she had simply waited until July 2015 to sell her stock. While this might not seem like much, this difference of $1.60 per share translates to a difference of $16,000 when considering the ten thousand shares that Diana sold. Jerry, on the other hand, has speculated poorly and lost a sizeable sum.
Forward contracts are another important kind of derivative similar to futures contracts, the key difference being that unlike futures, forward contracts (or “forwards”) are not traded on exchange, but rather are only traded over-the-counter.
Swaps are another common type of derivative. A swap is most often a contract between two parties agreeing to trade loan terms. One might use an interest rate swap in order to switch from a variable interest rate loan to a fixed interest rate loan, or vice versa. If someone with a variable interest rate loan were trying to secure additional financing, a lender might deny him or her a loan because of the uncertain future bearing of the variable interest rates upon the individual’s ability to repay debts, perhaps fearing that the individual will default. For this reason, he or she might seek to switch their variable interest rate loan with someone else, who has a loan with a fixed interest rate that is otherwise similar. Although the loans will remain in the original holders’ names, the contract mandates that each party will make payments toward the other’s loan at a mutually agreed upon rate. Yet, this can be risky, because if one party defaults or goes bankrupt, the other will be forced back into their original loan. Swaps can be made using interest rates, currencies or commodities.
Options are another common form of derivative. An option is similar to a futures contract in that it is an agreement between two parties granting one the opportunity to buy or sell a security from or to the other party at a predetermined future date. Yet, the key difference between options and futures is that with an option the buyer or seller is not obligated to make the transaction if he or she decides not to, hence the name “option.” The exchange itself is, ultimately, optional. Like with futures, options may be used to hedge the seller’s stock against a price drop and to provide the buyer with an opportunity for financial gain through speculation. An option can be short or long, as well as a call or put.
A credit derivative is yet another form of derivative. This type of derivative is a loan sold to a speculator at a discount to its true value. Though the original lender is selling the loan at a reduced price, and will therefore see a lower return, in selling the loan the lender will regain most of the capital from the loan and can then use that money to issue a new and (ideally) more profitable loan. If, for example, a lender issued a loan and subsequently had the opportunity to engage in another loan with more profitable terms, the lender might choose to sell the original loan to a speculator in order to finance the more profitable loan. In this way, credit derivatives exchange modest returns for lower risk and greater liquidity.
Another form of derivative is a mortgage-backed security, which is a broad category of derivative simply defined by the fact that the assets underlying the derivative are mortgages.
What it boils down to is that derivatives are speculation which is basically legalized gambling. Derivatives are right out of the Protocols of Zion:
In order to give the GOYIM no time to think and take note, their minds must be diverted towards industry and trade. Thus, all the nations will be swallowed up in the pursuit of gain and in the race for it will not take note of their common foe. But again, in order that freedom may once for all disintegrate and ruin the communities of the GOYIM, we must put industry on a speculative basis: the result of this will be that what is withdrawn from the land by industry will slip through the hands and pass into speculation, that is, to our classes. – Protocol 4 of the Protocols of the Learned Elders of Zion.
Submitted by Michael Snyder of The Economic Collapse blog,
When is the U.S. banking system going to crash? I can sum it up in three words. Watch the derivatives. It used to be only four, but now there are five “too big to fail” banks in the United States that each have more than 40 trillion dollars in exposure to derivatives. Today, the U.S. national debt is sitting at a grand total of about 17.7 trillion dollars, so when we are talking about 40 trillion dollars we are talking about an amount of money that is almost unimaginable. And unlike stocks and bonds, these derivatives do not represent “investments” in anything. They can be incredibly complex, but essentially they are just paper wagers about what will happen in the future. The truth is that derivatives trading is not too different from betting on baseball or football games. Trading in derivatives is basically just a form of legalized gambling, and the “too big to fail” banks have transformed Wall Street into the largest casino in the history of the planet. When this derivatives bubble bursts (and as surely as I am writing this it will), the pain that it will cause the global economy will be greater than words can describe.
If derivatives trading is so risky, then why do our big banks do it?
The answer to that question comes down to just one thing.
JP Morgan Chase: 2.5 trillion in assets 68 trillion in derivatives exposure
Citibank: 1.9 trillion in assets 60 trillion in derivatives exposure
Goldman Sachs: 916 billion in assets 54 trillion in derivatives exposure
Bank of America: 2.1 trillion in assets 54 trillion in derivatives exposure
Morgan Stanley: 831 billion in assets 45 trillion in derivatives exposure
And it isn’t just U.S. banks that are engaged in this type of behavior.
As Zero Hedge recently detailed, German banking giant Deutsche Bank has more exposure to derivatives than any of the American banks listed above…
Deutsche has a total derivative exposure that amounts to €55 trillion or just about $75 trillion. That’s a trillion with a T, and is about 100 times greater than the €522 billion in deposits the bank has. It is also 5x greater than the GDP of Europe and more or less the same as the GDP of… the world.
For those looking forward to the day when these mammoth banks will collapse, you need to keep in mind that when they do go down the entire system is going to utterly fall apart.
Since the last financial crisis, the four largest banks in the country have gotten approximately 40 percent larger. Today, the five largest banks account for approximately 42 percent of all loans in the United States, and the six largest banks account for approximately 67 percent of all assets in our financial system. Without those banks, we would not have much of an economy left at all.
Meanwhile, smaller banks have been going out of business or have been swallowed up by the big banks at a staggering rate. Incredibly, there are 1,400 fewer small banks in operation today than there were when the last financial crisis erupted.
So we cannot afford for these “too big to fail” banks to actually fail. Even the failure of a single one would cause a national financial nightmare. The “too big to fail” banks that I am talking about are JP Morgan Chase, Citibank, Goldman Sachs, Bank of America, Morgan Stanley and Wells Fargo. When you total up the exposure to derivatives that all of them currently have, it comes to a grand total of more than 278 trillion dollars. But when you total up all of the assets of all six banks combined, it only comes to a grand total of about 9.8 trillion dollars. In other words, the “too big to fail” banks have exposure to derivatives that is more than 28 times the size of their total assets.
A term you hear in regards to these big banks that are way over-leveraged is Zombie Banks. In reality all of these institutions should be shut down by regulators before the next business day. That is not going to happen of course but it should.
In 2008 during the last financial crisis the taxpayers were put on the hook for the bailout. The Federal Reserve cranked up the printing presses and gave away trillions to the Big Banks. The Fed and the US government used up all of their tricks during the last crisis. Nothing really got fixed they just kicked the can down the road. The Too Big To Fail crowd has only become more bloated and corrupt in the eight years since the last crash.
It’s not a matter of IF the corrupt Babylon Mystery economic system collapses its WHEN. Is the collapse coming in six months or five years? I don’t know when the collapse will occur but when it does it will be of Biblical proportions.