Update for Watchdates for 2017
Mar 18, 2017
Today is our main watch date for this month, going back 31 years to a dream that I had in 1986. I wrote about it many years ago (2009):
It is too early in the day to see an event that may link to this dream, but every few years something pops to the surface.
This year it seems to be linked to March 15 as well. March 15 appears to be the start of a “perfect storm,” that will develop in the months ahead and cause some havoc in America.
March 15 is the Ides of March on the old Roman calendar. The date was popularized by Sir Francis Bacon in his play, Julius Caesar. He gave all of his plays to William Shakespeare to perform and never took credit for them publicly. “Beware the Ides of March” was the warning given to Julius Caesar, and, of course, he was assassinated in the Roman Senate on March 15, 44 B.C.
March 15 is also the date set by President Obama and Speaker of the House John Boehner back in October 2015. They were disputing over the debt limit and decided to freeze the debt limit after the next election to whatever level it might be on March 15, 2017. They kicked the can down the road, and now we have come to the can once again.
At the same time, the Federal Reserve raised interest rates another .25% to .75%. This may not seem like a lot, but it is enough to begin eroding the value of all those zero-percent bonds that they have sold in the last 9 years. Ten trillion dollars worth of them.
I was watching a rerun on video of President Obama in 2007 after he came into office for the first time. He was complaining how his predecessor, G. W. Bush, had doubled the national debt from $5 trillion to $10 trillion. He said it was irresponsible and just plain “unpatriotic.” Ha! So President Obama again doubled the debt from $10 trillion to $20 trillion. By his own standard of measure, according to Matthew 7:2, President Obama was doubly unpatriotic!
As long as the Federal Reserve Act remains in force, the national debt will continue to be doubled with every president. The economy needs money to function, and borrowing is the only way to create money and put it into circulation. Either the people themselves or the government is forced to borrow, because if the borrowing stops, we have a liquidity crunch, and immediately go into a depression. The Babylonian system is based on the creation of debt-money.
The problem is that the people themselves have been paying down debt faster than they are borrowing. That means the government must make up the difference or send the country into a depression. Unlike in past years, the people can no longer afford to borrow. They have reached their debt limit as a whole.
Under current Keynesian economic beliefs, the economy should be grown by more consumer spending, rather than by saving money. Spending means more debt. Savings mean more wealth for investment capital. Economists feud over this difference, depending upon their belief. Fed Chairman, Janet Yellin, is a Keynesian economist, trying to stimulate more consumer spending and thereby more debt, in order to raise the inflation rate to 2%. Her opponents argue that any inflation simply robs everyone’s savings of value.
The point is that America has reached its debt limit, and the people’s borrowing capacity (as a whole) has also reached its limit. That is why consumer spending is tepid, and the economy is barely rising. If the government had not doubled its debt, $10 trillion dollars would have been taken out of circulation, and money would be scarce, as in the 1930’s depression.
So much for your lesson on modern economics. We may see something today (3/18) which is connected to March 15.
March 15 also the date of the election in The Netherlands. The official results will be announced on March 21, but it appears that the anti-Euro party of Geert Wilders lost. So perhaps Europe was able to dodge the bullet this time. Next week, however, France will hold elections, and we will see what happens then.
The Bond Market
Bonds are debt notes. When the government borrows money, they give their creditors bonds. A bond puts the government into debt BONDAGE. Bonds are evidence of the bondage that we are under. The US government is not Mystery Babylon, as some prophecy teachers have claimed. The US government is the slave of Mystery Babylon. How do I know? Easy. Because the debtor is a servant to the lender, and the US government ceased to be the greatest lender in the 1970’s and became the greatest debtor in history.
The value of bonds is determined by the rate of interest attached to the loan. For nearly ten years that rate of interest has been close to ZERO. So the bond’s value is pretty much the amount of the loan itself. Nations use these bonds as money to make payments on international trade.
So what happens when the Fed raises interest rates on all new bonds being issued? It means that the value of the bonds increase, and all of the old bonds are suddenly worth less by the same amount. After all, why would China or Japan buy an old bond with zero interest for the same price as a new bond that carries .75% interest? So in making payments, the old bonds are suddenly worth less than the new ones.
But we have ten years’ worth of old bonds in circulation today. So when the Fed raised the rates on March 15, China and Japan (and others holding US bonds) immediately lost billions of dollars. They are not happy about that. Furthermore, the prospect of the Fed raising interest rates three or four times this year gives all bond-holders an incentive to pass them on to someone else while they still have the current value.
So it appears that bonds will now begin to be dumped on the market, as nations and banks all try to get rid of as many US bonds as possible before the next rise in interest rates. As the bonds themselves reach their due dates, they will be cashed in at the US Treasury, and soon all that money that we have exported overseas could come rushing back to America. So some economists are warning of hyper-inflation in the next year.
In Revelation 16:18, 19, which speaks of the fall of Babylon, we read that “there was a great earthquake… and the great city was split into three parts.” We have long speculated about the interpretation of this event. Are we to look for a literal geological earthquake? Or is this a political/economic earthquake? Or is it both?
We have related it to Haggai 2:6, 7 as well:
6 For thus says the Lord of hosts, “Once more in a little while, I am going to shake the heavens and the earth, the sea also and the dry land. 7 And I will shake all the nations…”
The purpose of this shaking is given in Hebrews 12:27, 28,
27 And this expression, “Yet once more,” denotes the removing of those things which can be shaken, as of created things, in order that those things which cannot be shaken may remain. 28 Therefore, since we receive a kingdom which cannot be shaken…
There is no doubt that this shaking is all-encompassing. It is not limited to a geological quake. The question is whether it includes a geological event, which might be a sign of a greater shaking in the political and economic realms. My view is that the great earthquake will be so destructive and expensive that it will cause hyper-inflation and bring about massive political change as well. In the end, it will collapse Mystery Babylon and establish the Kingdom of God.
When we moved to Washington state in 1993, some prophetic people warned us, thinking that we would be in danger. They had revelation about a great earthquake that was to hit the Pacific Northwest (the Seattle area), and that the big volcano just south of the city (Mount Ranier) was going to erupt. We, however, knew that we were being led to move there, so even if disaster occurred there, we knew that we would be safe. The safest place to be is where God leads you, in spite of what might transpire around you.
Well, we were there for only three years, and then God moved us to Minneapolis in 1996. No big event occurred at that time. But now the question is again surfacing.
Washington state is the spiritual headquarters for Washington D.C. While we lived in Seattle, we proved this many times. Events that occur in King County, where Seattle is located, are signs of what is (or will) happen in Washington D.C., where the US “king” lives. Furthermore, about 60 miles north of Seattle is Mount Vernon, next to Martha Washington Creek. Mount Vernon was the home of George Washington, our first president, and his wife was Martha Washington.
We noticed that things happening in Mount Vernon, Washington revealed what was going on in the White House in Washington D.C.
So now we have The Donald as our president. Donald (Don) means “ruler, or king.” For the first time King County equates to The Donald. If I am seeing this correctly, it appears that the Pacific Northwest could be in for a great shaking, as a sign of things soon to come in Washington D.C.
If I go back thirty years to my earlier experiences in the Net of Prayer, I recall the revelation of a prophetic sequence of events: earthquakes, volcanos, and war. Because we understood these to be connected, we knew to intercede for the nation in order to prevent the final judgment—war.
So it is quite possible that we could see this sequence emerge once again in 2017, and the first two may occur in Washington state. If we see a massive earthquake, followed by volcanos shaking “the sea also and the dry land” (Haggai 2:6), then we will know that this is a sign of war—probably the climactic war between Babylon and the Kingdom of God.
How would such a thing affect President Trump? That is unclear at this time. All we really know is that we have been called to pray for him and all our government leaders, as Paul instructs us to do in 1 Timothy 2:1, 2. This prayer campaign is called Operation Protective Shield. I wrote about it here:
We modified the prayer slightly here:
One final note… There was a great earthquake that occurred when Jesus was crucified at Passover (Matthew 27:51) and again when He was raised from the dead (Matthew 28:2). If we see a quake or two in 2017, these events in Matthew may indicate the timing for such an event.
Passover 2017 (Abib 14) is April 10, 2017. The wave-sheaf offering on Sunday, April 16.
The Second Passover 2017 (Iyyar 14) is May 10. The wave-sheaf offering is Sunday, May 14, which is also the last day of our Heartland Passover Conference.
These are suggested watch dates. I do not know for sure what might happen, but I am confident that by the end of 2017 we will see the great shaking of Babylon as it falls. Keep in mind that this is a God-event, so stay close to Him, and walk by faith, never by fear.
Dr. Stephen Jones