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 Prophecy:   Global Economic Reset

 Name:   David Wilkerson

 Source URL:   Click to View

 Type:   Vision  

 Status:    Fulfilled  

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Summary or Prophecy Text
There is worldwide economic confusion just ahead. In my vision this is the clearest thing I have seen. Not only is the American Dollar headed for deep trouble, but so are all other world currencies. I see total economic confusion striking Europe first and then affecting Japan, the United States, Canada and all other nations shortly thereafter.

Countries that now control huge amounts of Western currency are going to be in very deep trouble also without a doubt, there are lean years ahead full of monetary confusion and despair. How soon is not clear, but it is not far away.

The world's greatest economists will be at a loss to explain the confusion and an international crisis of fear will develop. Credit debt will become nearly uncontrollable. I see, very clearly, just a few years of tremendous affluence and continued economic prosperity. Inflation, costs and wages will spiral higher and higher.

I believe we are going to witness the bankruptcies of some of this nations major and most popular corporations. I see tremendous difficulty arising for credit corporations. There are going to be many people unable to pay off their heavy obligations to major credit card companies, causing near chaos. Thousands of small businesses will also be forced into bankruptcies.

The United States government is going to overreact to the confused economical developments ... I see a flurry of near-panic decisions being made by various government agencies. But these hasty efforts to shore up the economy will backfire.

Admin Note: There's still plenty more to come. However, enough has happened that I can safely mark this as fulfilled.
Fed reports massive spike in defaults. Credit cards being shut off. - YouTube - Report Link
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Catherine Herridge Predicts a “Black Swan Event” for 2024 - Report Link
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Nearly 107 Million Americans Do Not Have A Job Right Now - Report Link
Goldman: Our Desk And Many Of Our Clients Have Prepared For A Momentum Crash | Z... - Report Link
Weekend report - Bank of Japan is considering scrapping its yield curve control ... - Report Link
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February Layoffs Hit Highest Point Since Global Financial Crisis - Report Link
Billionaire Investor Who Predicted Housing Crash In 08 Reveals The Top 3 US Stat... - Report Link
BRICS: Major Bank Predicts 'Hard Landing Recession' for US - Report Link
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Home Insurance Costs Rapidly Surging — Could Force American Families Out of Th... - Report Link
Macy's to Shutter 150 Stores | Newsmax.com - Report Link
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Average U.S. Household Spending $1,019 More A Month Just To Buy The Same Goods A... - Report Link
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Rivian cuts jobs, forecasts annual production below estimates | Reuters - Report Link
Wall Street Silver on X: ""In 1945 there were 10 million people employed on farm... - Report Link
It's a Scorcher: Producer Price Inflation Rips Higher - Report Link
Nike to lay off 2% of employees, cutting more than 1,500 jobs - Report Link
Germany to loosen insolvency rules as energy crisis hits hard | Euronews - Report Link
Jamie Dimon, Brian Moynihan and Jerome Powell are worrying about national debt, ... - Report Link
UK economy slipped into technical recession at the end of 2023 - Report Link
Holding Patterns | ZeroHedge - Report Link
CPI Prints Hotter Than Expected In January As SuperCore Soared | ZeroHedge - Report Link
US Companies Talk Layoffs Like Never Before | ZeroHedge - Report Link
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Record number of Americans can't afford rent, new study finds | AP News - Report Link
Biden Admin Overestimated Job Creation In 2023 By More Than 1 Million: Report - Report Link
European markets ‘weighed down’ by corporate earnings numbers - YouTube - Report Link
‘Black Swan’ author Nassim Taleb, who correctly called the 2008 financial cr... - Report Link
Red Sea Blockage Leads To "Out Of Control" Shipping Rates; Charters Hits $100,00... - Report Link
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December home sales slump to close out worst year since 1995 - Report Link
Blackstone's Flagship BREIT Records Worst Annual Performance Since Inception | Z... - Report Link
Bidenomics: New York Manufacturing Unexpectedly Collapses - Report Link
Alarm Bells Increase, Warning of an Impending Huge Economic Collapse | Intellect... - Report Link
The Great American Banking and Retail Apocalypse: Why Are Banks and Retailers Cl... - Report Link
Jamie Dimon Issues Dire Warning About Economy: ‘Money Is Running Out’ | The ... - Report Link
America’s offices are the emptiest they’ve been in at least four decades, ac... - Report Link
Even Biden-Loving Newsweek Admits Americans Can No Longer Afford Cars - ? The Li... - Report Link
WEF expects global economy to weaken in 2024 as volatility and fragmentation thr... - Report Link
Something Strange Happening In Corporate America - Report Link
Middle Class Niceties Are Vanishing As Fast As The Middle Class - Report Link
Global economy headed for worst half-decade in 30 years, World Bank warns - Report Link
Welcome To 2024: The Year Of The Black Swan Event - YouTube - Report Link
Homeowners insurance rates on the rise, mainly due to increase in natural disast... - Report Link
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Price controls have begun, food rationing is next in line as America is an out o... - Report Link
PROPHECY HEADLINES.COM: US Debt Spiral Is Reaching Terminal Phase - Economic Res... - Report Link
Amazon CEO Warns About Perfect Storm As Retail Business Collapses - YouTube - Report Link
To Many Americans, It Already Feels Like We Are in a Deep Recession – Discern ... - Report Link
Wave of empty offices hits global market - Nikkei Asia - Report Link
WARNING WEST COAST ?? Supply Chain HAS STOPPED?? | Prep Now SHTF - YouTube - Report Link
Home foreclosures surged 7% in April with more than 35,000 Americans unable to m... - Report Link
World Bank Warns Global Economy to Slow Sharply Amid Higher Interest Rates - Report Link
American Retail Giant Notices Change in Customer Behavior Historically Signaling... - Report Link
Dutch consumer prices soaring – data    — RT Business News - Report Link
US economy is crashing yet warmongering continues - Tara Reade - Report Link
‘Big Short’ Investor Who Predicted 2008 Housing Crisis Issues New Warning to... - Report Link
A Major Superpower is Starting to Collapse and It's Going to Bring the Entire Wo... - Report Link
Housing Crisis Triggers 95% Property Value Drop As Foreclosures Soar - YouTube - Report Link
Home Depot Plunges After Worst Revenue Miss In 20 Years, Slashes Guidance; Blame... - Report Link
Consumer debt passes $17 trillion for the first time despite slide in mortgage d... - Report Link
The Numbers That Are Being Hidden From Americans By The Media - Report Link
New York, San Francisco Office Buildings Are Absolute Ghost Towns | ZeroHedge - Report Link
Homeless Encampments Explode All Over America As Rents Soar And Evictions Surge - Report Link
De-Dollarization: 5 Countries Signaling Yuan Usage Instead of USD - Report Link
Yellen Calls for a Different System to End ‘Tremendously Damaging’ Debt-Ceil... - Report Link
Homeless Encampments Are Exploding In Size All Over America As Rents Soar And Ev... - Report Link
Consumer Credit Shocker: Credit Card Debt Explodes At 2nd Fastest Pace On Record... - Report Link
Huge Collapse In Global Trade Indicates It's Worse Than We Thought as Job Losses... - Report Link
Leading Companies Filing for Bankruptcy in 2023 | Intellizence - Report Link
The system is beginning to unravel at a pace that is absolutely breathtaking - Report Link
Layoffs loom in the US manufacturing sector as backlogs shrink | CNN Business - Report Link
SOYLENT GREEN: Phase 2 Of The Great Reset Will See Climate Change 'Justice' Bein... - Report Link
Housing Agency Rules Will Force Homeowners With Good Credit to Subsidize High-Ri... - Report Link
US Leading Economic Indicators Tumble For 12th Straight Month, Signal Recession ... - Report Link
Home Foreclosures And Missed Credit Card Payments Surge As Consumers Buckle | Ze... - Report Link
Hal Turner Radio Show - Consumer Credit Drying-up -- Banks HALTING Auto Loans!!! - Report Link
US Existing Home Sales Resume Slide In March; Home Prices Drop Most In A Decade ... - Report Link
5 Economic Disasters We Were Warned About in Advance That Are Happening Right No... - Report Link
The Fed, Bank Of America And Hordes Of Corporate CEOs Are All Warning That A Rec... - Report Link
CONTROLLED DEMOLITION: All UK airports to close in next 10 years; beef and lamb ... - Report Link
World economy entering 'perilous phase' with UK to perform worst in G7 this year... - Report Link
Brace Yourselves for an Economic Avalanche, Because a Major Credit Crunch Has Al... - Report Link
Restaurant industry collapsing across the US, with several popular chains perman... - Report Link
Walmart is axing 2,000 warehouse jobs weeks after retail chain announced store c... - Report Link
Global Bankruptcy Already Baked In | ZeroHedge - Report Link
The Economy Will Crash As Bank Turmoil Causes a Credit Crunch: Allianz - Report Link
Walmart Abandons Town: Why St. Louis Got Dumped! - YouTube - Report Link
Full list of US restaurant chain closures revealed | Daily Mail Online - Report Link
McDonald's reportedly temporarily shuts its U.S. offices and prepares layoff not... - Report Link
Financial Crisis Looming Due to Mounting Federal Debt: Experts - Report Link
Recent Banking Turmoil Brings America Closer to Recession: Fed’s Kashkari - Report Link
Walmart lays off hundred of workers across five states | The Post Millennial | t... - Report Link
Economy Headed Into a 'Bermuda Triangle' Financial Crisis: Nouriel Roubini - Report Link
Are They Actually Trying To Crash The Economy On Purpose? - Report Link
U.S.economy likely headed for recession: JPMorgan | Fortune - Report Link
I'm Breaking Up With Barnes And Noble - Report Link
American Homebuyers Gain Leverage as Record Share of Sellers Slash House Prices:... - Report Link
Nick Gerli on Twitter: "WARNING: the Money Supply is officially contracting. ? T... - Report Link
Yellen warns U.S. House members of 'economic collapse' from default | Reuters - Report Link
Peek&Cloppenburg files for insolvency - The Limited Times - Report Link
Brace Yourself For Extreme Economic Turbulence - Report Link
US Durable Goods Orders Plunged Most Since COVID Lockdowns In January | ZeroHedg... - Report Link
Ericsson to cut 8,500 jobs worldwide - Insider Paper - Report Link
The Economy Is Crashing Even Faster Than A Lot Of The Experts Had Anticipated - Report Link
U.S. Venture Capital Investment Drops 65 Percent in 2022 | Conservative News Dai... - Report Link
Bank of America Strategists Expect Economic ‘Hard Landing’ to Pummel Markets - Report Link
Consumer Price Index Increases 0.5 in January, 6.4% Annual Inflation Rate - The ... - Report Link
A WEF-Sponsored, Unified, and Global ESG System Arrives in June. Time Is Almost ... - Report Link
Russia to dump euro from rainy-day fund – Finance Ministry — RT Business New... - Report Link
Credit card debt SURGES to record-high $930.6 billion and will keep increasing d... - Report Link
Economic collapse incoming: Sweden hit with wave of bankruptcy filings – Natur... - Report Link
It's Not Just A Car Loan Crisis: This Is A Perfect Storm! - YouTube - Report Link
Record 285,000 Illinois residents saw power shut-offs due to non-payment in 2022... - Report Link
We Just Witnessed An Economic Sign That Hasn't Happened Since The Peak Of The Gr... - Report Link
Americans warned of financial ‘catastrophe’ — RT Business News - Report Link
LA-Orange County home sales plummet 46% to record low – Orange County Register - Report Link
Bidenomics: GDP Report Reveals Second Worst Drop in Real Disposable Income EVER ... - Report Link
GDP report reveals ominous Great Depression warning sign not seen since 1932 | F... - Report Link
3M cutting thousands of jobs, profits tumble - Report Link
Zulauf: Bust/Boom Cycle Ahead As “Decade Of The Rollercoasters” Kicks Off | ... - Report Link
Expect A Mass Die-Off Of Public Companies Later This Year | ZeroHedge - Report Link
Almost 20 Percent of US Firms Plan to Fire Employees: NABE Survey - Report Link
We Are Witnessing an Enormous Wave of Bankruptcies and Layoffs During the Early ... - Report Link
Japan hit by wave of corporate bankruptcies – data — RT Business News - Report Link
We Are Witnessing An Enormous Wave Of Bankruptcies And Layoffs During The Early ... - Report Link
Premarket stocks: The world has a major debt problem. Is a reset coming? | CNN B... - Report Link
Poorer people in UK feel system ‘rigged against them’, says Penny Mordaunt |... - Report Link
Empire Fed Manufacturing Survey Totally Collapses | ZeroHedge - Report Link
How Restaurant Workers Help Pay for Lobbying to Keep Their Wages Low - The New Y... - Report Link
CNN worried Davos losing as shift towards localization displaces the forces of g... - Report Link
They Just Issued This Warning WORLDWIDE For 2023!!! - YouTube - Report Link
7 Reasons High Inflation Isn’t Likely To Go Away Any Time Soon - Report Link
Recession Warning: This Indicator Is Blaring Its Loudest Alarm in 40 Years - Report Link
10 Major Layoff Announcements That Have Already Happened So Far In 2023 - Report Link
McDonald’s CEO Warns Layoffs for Corporate Staff Are Coming - Report Link
'Retail apocalypse' warning after legendary retailer begins 100 store closures w... - Report Link
The "Mega-Bubbles" Have Started To Burst, And That Could Mean Unprecedented Fina... - Report Link
Disincentive crisis: Many states pay families unemployment benefits larger than ... - Report Link
20 Facts About The Great U.S. Retail Apocalypse That Will Blow Your Mind - YouTu... - Report Link
Report: Majority of Americans Living Paycheck to Paycheck, Many Blame Rising Inf... - Report Link
15 Facts Which Prove That A Massive Economic Meltdown Is Already Happening Right... - Report Link
US Building Permits Collapse In November, Multi-Family Plans Plunge | ZeroHedge - Report Link
‘I expect a tsunami of shutoffs’: 20 million American households are behind ... - Report Link
‘It’ll blow like Vesuvius’: Euro €1trn debt volcano to erupt and ‘wipe... - Report Link
Perfect Storm Arrives: "Massive Wave" Of Car Repossessions And Loan Defaults To ... - Report Link
The retail apocalypse isn't over: it's coming back to bite department stores, ex... - Report Link
Retail Sales Declined Sharply in November - Report Link
BIDEN ECONOMY: Markets Down, Retail Sales Down in November, Rates Increasing, In... - Report Link
BlackRock — the world’s largest asset manager — says central banks are 'de... - Report Link
Jeep Factory Workers to Be Laid Off Due to Cost to Switch to EVs - Gets Even Wor... - Report Link
Huge number of homebuyers now underwater in Biden’s economy, with ‘early’ ... - Report Link
Shocking Percentage Of Americans Are Having Trouble Paying Their Grocery Bills - Report Link
Major Economic Contraction Coming In 2023 – Followed By Even More Inflation - ... - Report Link
World Economy Heads for One of Its Worst Years in Three Decades - Bloomberg - Report Link
The Numbers Are Screaming That A Giant Tsunami Of U.S. Layoffs Has Now Begun - Report Link
Americans Now Need A Six-Figure Salary To Afford A Median-Priced Home | The Dail... - Report Link
GETTING WORSE: Housing market under Biden now collapsing; farmers warn of food s... - Report Link
‘I believe the economy is the biggest bubble in world history,’ says ‘Rich... - Report Link
Homeowners Should Brace for Property Price Drop: Data, Experts - Report Link
The Consumer Economy Has Completely Collapsed – “It’s a Ghost Town” for ... - Report Link
Biden’s Economy Is Killing the Trucking Industry - Report Link
Bidenomics: 41% of small businesses can't pay rent this month, report warns | Ju... - Report Link
With unions aligned, timeline for rail strike and railroad emergency prep is now... - Report Link
BIDEN ECONOMY: Business Activity Slumps as Manufacturing and Services Contract M... - Report Link
Steve Cortes on the War Room - Biden's Economy Is "Teetering on the Edge of a De... - Report Link
Economic collapse = societal collapse. It’s deliberate so that we can have “... - Report Link
Trillions Upon Trillions of Dollars of Wealth Is Being Wiped Out as the “Every... - Report Link
Housing Market Obliterated: Pending Home Sales Post Record Drop As Deal Cancelat... - Report Link
Large rail union president issues major warning over strike - YouTube - Report Link
National Railway Strike Seen as Increasingly Inevitable - Report Link
NFIB report: Small business owners struggling to find workers amid highest infla... - Report Link
HELP WANTED Signs Everywhere - Where Are the Workers? - The Tenpenny Report - Report Link
Lockdown Wasn’t Imposed to Protect the World from a New Virus but Because the ... - Report Link
Stock up on bottled water and canned food, official tells Germans — RT Busines... - Report Link
'It's like living in an igloo.' People are turning off their heat as prices surg... - Report Link
Layoffs? You Want To Talk About Layoffs? Here Are 10 Major Announcements Which H... - Report Link
The Collapse of Everything! | Prophecy Update with Tom Hughes - YouTube - Report Link
FedEx Freight to begin driver furloughs next month - FreightWaves - Report Link
Redfin, real estate giant, shuts home-flipping business, cuts 13% of workforce -... - Report Link
LFA TV SHORT: 5 MILLION AMERICANS NOW NEED 2ND JOB! - Report Link
Loan Demand For Mortgage Loans Crashes To Depression Levels | ZeroHedge - Report Link
11 Signs That Economic Activity Is Plunging Off A Cliff - Report Link
China's Yuan now 5th most-traded world currency - Report Link
Can the yuan be a key world reserve currency? – Asia Times - Report Link
Yuan: Reserve Currency to Global Currency - Report Link
FedEx Parks Planes, Maersk Cancels Sails: World Trade Appears To Be Rapidly Dete... - Report Link
‘I’m selling my blood’: millions in US can’t make ends meet with two job... - Report Link
Your Next Pain Will Be Soaring Electricity Costs As Energy Crisis Comes To Ameri... - Report Link
Home Prices Crash At Fastest Pace Since Lehman Bankruptcy | ZeroHedge - Report Link
European Energy Collapse Could Lead To Financial Crisis Across Globe - Report Link
Indian Rupee CRISIS: Under-pressure Indian currency tipped to crash to new lows ... - Report Link
U.S. Facing 'Perfect Storm' for 2008-Like Housing Crisis: Economist - Report Link
In 2020, the Rockefeller Foundation “predicted” the global food and energy c... - Report Link
Two of Germany's largest shipbuilders declare bankruptcy | DW News - YouTube - Report Link
Seven Possible Causes Of The Next Financial Crisis | ZeroHedge - Report Link
26 Consumer Debt Statistics that Highlight America's Debt Crisis - Report Link
SlantRight 2.0: Dreams of Prosperity and an Inflated Currency - Report Link
Bonds flashing biggest recession sign since before financial crisis - Report Link
Forget the Trade War. China Is Already in Crisis - Bloomberg - Report Link
Sears, once the world's biggest retailer, now faces bankruptcy - Report Link
US banks not prepared for another financial crisis, say federal regulators - Report Link
China's Renminbi Declines After Being Named a Global Currency, Posing Chall... - Report Link
China, Trying to Bolster Currency, Taps Foreign Reserves - Report Link
China currency devaluation sends global exporters reeling - Report Link
The South American Financial Crisis Of 2015 - Report Link
Global Bankruptcy, Sustainable Development, and Propaganda - Report Link
The world is defenceless against the next financial crisis, warns BIS - Telegrap... - Report Link
World heading for financial crisis worse than in 2008 — China’s Dagong ratin... - Report Link

 
 
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