Sporting events are canceled. With no choking debt, better management, and rising commodity revenue, Africa has grown faster and for longer than it ever did before -- about 5 percent per year for the past 10 years. If its lenders forgive them now, in a time of a global pandemic, other countries will ask for the same treatment. (Photo by Ronaldo SCHEMIDT / AFP), an effort to get ahead of the new SARS coronavirus. A non-nuclear World War III will likely begin around the summer of 2021, creating the seedbed from which Antichrist steps to bring his quasi and temporal seven-year peace plan. I can’t impress on you enough the fact that the run-up to the beginning of the last seven years of this age is filled with satanic blinders and the conditioning of people who will, for lack of loving God’s truth and biblical knowledge, be led as it were to the slaughter! Doesn't follow the herd. The institutional church is not preparing people to endure to the end of the age because leadership loves traditions of men more than the Word of the Lord Jesus Christ. The IMF triggered access to emergency funds recently for these economies, while also calling on the big multilateral lenders, namely the World Bank and the Inter-American Development Bank, to provide cashflow relief. 24:29–31). For Argentina, a default is a matter of time. Debt forgiveness occurs when a lender forgives all or some of your outstanding balance on a loan or other credit account. What’s more important? I write about business and investing in emerging markets. But as with all sugar-daddy deals, there’s always a catch, another side to the coin. WARNING! The key question when it comes to possible debt relief by China really depends on which debt is being discussed. The love of the truth has largely fallen to the ground. Argentina is just not really part of the scene. This isn’t for the little people, of course. Further, “As the rolling lock downs and economic sanctions commence, citizens will be permitted all their previous freedoms to travel and gather in stadiums and public venues as long as they provide an ID showing they were inoculated with all the mandated covid-19 and covid-21 vaccinations.” Thus, the culling of the world’s masses into Satan’s end-time extinction plan for humanity which began in earnest with the 2020 lockdowns, social distancing and mask-wearing, ramps up dramatically in 2021 as globalists listen to and obey demonic spirits to purge the earth of people made in the image of God. It is only a matter of time before the official editorial pages of the FT and The Economist consider a short-term stay of coupon payments as a way to mitigate a rush of defaults. (Photo by JUAN MABROMATA/AFP via Getty Images). You may opt-out by. Sporting events are canceled. General News. People often look for ways to pay off credit card debt fast and want to explore debt forgiveness. A soldier gives a dish of food to a boy in a poor neighborhood in Quilmes, on the outskirts of ... [+] Buenos Aires, on March 24, 2020. Integrate debt relief into a long-term program of sustainable development. But the question we must all answer is, have we believed the testimony of Jesus Christ, and have we prepared for these end-time days? Argentina has 589 cases of the new SARS coronavirus, based on Johns Hopkins University tracking data. The Forbes Media chairman criticizes rising tuition costs and the ‘corrupt gravy train’ of money going to universities. The effectiveness of debt relief also will depend upon global economic factors. The global pandemic is making heavily indebted nations like Argentina choose between funding healthcare or paying bondlords. How Credit Card Debt Forgiveness Works. Indeed, they’re outside the walls of tradition! In the 1990s, campaigners for debt cancellation for countries in the global south decided to call for a Jubilee for the year 2000. Argentina has fewer options with its phony currency rate, low level of net international currency reserves at its central bank, and — once again — its financial isolation. Leave a Reply Cancel reply. Global Debt Forgiveness. The IMF’s debt forgiveness plan is likely a part of the “strong delusion” (2 Thess. In the past, debt forgiveness helped people escape thousands of dollars of debt, walking away scot-free. Your email address will not be published. For many years I’ve taught that Satan rarely does anything deceptive, suddenly, but gradually conditions people to conform to his way; and in this case the IMF’s debt forgiveness plan does NOT have citizens’ best interest as Satan is a liar and the father of lies. Dear Wall Street and London: President of Argentina Alberto Fernandez and Vice President of ... [+] Argentina Cristina Fernandez are not going to make you a priority. Friday, October 23, 2020. Don’t even try to get paid. It sounds enticing and too good to be true, given that most people are deeply indebted to home mortgages, credit cards, auto and student loans. December 3, 2020. In 2005, China announced forgiveness of $10 billion zero-interest loans for Africa. Some fear that debt cancellation would signal a country's weakened financial situation and raise questions about whether it … But that’s money Argentina probably can’t pay and won’t pay anyway. It’s century bond is going to 25 and change, face it. This is for nation states. Global debt has reached an all-time high of $184 trillion in nominal terms, the equivalent of 225 percent of GDP in 2017. We can expect a radical globalist like Fauci to warn that families need to get conditioned to being separated. S&P Global Ratings downgraded over 70 Mexican bonds yesterday. Do you see the pattern that now pervades, what governments now unjustly foist upon the family unit? This is one step above “tap out”. Seventy Mexican government bonds were downgraded yesterday by Standard & Poor’s. If the alleged Biden corruption were disclosed prior to President Trump’s unjust impeachment, there would likely have been no impeachment proceedings. By the first quarter of 2009, China had canceled 150 such loans owed by 32 African countries. The proportion of Africans living in poverty has been falling for more than a decade. Debt was one of the targets of 2005's Make Poverty History Campaign. • Debt or credit which cannot be paid back is never an asset; it is always a liability. Where are the men of God who will boldly stand and defend the Word of the Lord against wickedness and unbelief? The day before the official commencement of the Spring Meetings, the IMF’s Executive Board has decided to cancel debt owed by countries that were already subject to significant debts before the onset of the coronavirus … Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Satan’s end-time extinction plan for humanity, Hunter Biden, Joe Biden and Biden family corruption scandal, Thanksgiving gatherings pose a high COVID risk. They’re signaling no deal on debt anytime soon. Granted, a heavily indebted Global South is effectively a constant in neoliberal capitalism. But in the near future as part of the 2021 Great Reset, world citizens will be enticed as Satan dangles an ungodly sugar-daddy deal of alleged debt forgiveness to lure the masses into his ever-conditioning, for, Antichrist’s end-time snare. But is debt forgiveness a … Twenty-eight Ecuador sovereign bonds were downgraded to CCC- on March 25. A further $12 billion is owed to multilateral lenders, mainly the World Bank, Le Maire said, urging such lenders to join the debt relief initiative. A global pandemic will be used by Argentina as the perfect excuse to default. Sound too good to be true? The organized evangelical church and its pre-trib rapture tradition has persuaded most of its people that they have absolutely nothing to be concerned about. These breaking developments are revelations that must be brought to light. The whole world will see him…yes, including the Church, regardless of its shameful pre-trib rapture heresy and deception. All of that leads to severe financial market dislocation as foreign investors in the U.S. and Europe dump stocks in Brazil, dump peso bonds in Mexico, and — of course — just cash out of Argentina. Mexico City museums, ... [+] nightclubs and gyms are closed starting on Monday. Nobody wants its pesos, not even the locals. It’s truly sad the number of professing Christians who believe the pre-trib rapture while the Bible lacks even one verse affirming it. Organized churches today are totally compromised. But in truth, you will be on earth for the seven-year tribulation! Sean Hagan, ex-general counsel for the IMF, is urging bondholders to consider debt forbearance for emerging market countries (hola, Argentina!) Jesus Christ, whom Christians say they believe, taught the exact opposite, that He gathers His elect “Immediately after the tribulation” (Matt. (Photo by Manuel Velasquez/Getty Images). by Marlin Yoder | Posted on October 23, 2020. No one wants to lend to the Argentines, unless they’re going to get double digit interest payments due in short order. A woman wears a face mask in Buenos Aires on March 24, 2020 as the population is under lockdown in ... [+] an effort to get ahead of the new SARS coronavirus. It’s becoming apparent that Democrats have falsely accused President Donald Trump of the very things they themselves are guilty of committing – bribery, treason, and high corruption. Debt forgiveness is the process of writing off all or a portion of a debtor’s outstanding debt. Colombia was given a negative outlook on its BBB- sovereign debt credit rating yesterday as well. 1 thought on “ Whistleblower:(5 minutes) Global reset w/debt forgiveness/universal income/mandated vaccination ” Pingback: Whistleblower:(5 minutes( Global reset w/debt forgiveness/universal income/mandated vaccination – FreedomFiend. Buenos Aires faces quarantine and travel restrictions. Does Britain have a debt crisis? A site committed to teaching truths of Jesus Christ. That is not even counting the $100 trillion in US government unfunded liabilities. If the pandemic hits Argentina hard, no one in their right minds would blame them. And frankly, I’m very tired of seeing and hearing Dr. Anthony Fauci spreading his COVID-19 lies, now warning that even our “Thanksgiving gatherings pose a high COVID risk”. They’re a voice crying out in the wilderness! The pressing issue is, will you believe the testimony of Jesus Christ, or the pre-trib rapture church tradition? My work has appeared in The Boston Globe, The Nation, Salon and USA Today. Debt forgiveness under the public service program is tax-free. I, as the leader of a near bankrupt emerging market nation, put billions into my healthcare system buying hazmat suits and building temporary hospitals, or pay off the Paris Club for giving me $10 billion? They’ve utterly destroyed millions of jobs, thousands of businesses, and ruined the economy, and now they want to further ruin the family. The LGBTQ and BLM organizations demanded acceptance by the organized church and most acquiesced without a whimper. (Photo by Manuel Velasquez/Getty Images), Argentina Cristina Fernandez are not going to make you a priority. I've spent 20 years as a reporter for the best in the business, including as a Brazil-based staffer for WSJ. (Photo by Ricardo Ceppi/Getty Images). A CALL TO PRAYER! On June 24 Sanders announced his intention to cancel all $1.6 trillion of outstanding student loan debt, following Elizabeth Warren's proposal for more limited cancellation in April; three months later he announced the same for medical debt—$81 billion in 2016, carried by an estimated one in six U.S. adults. Speaker of Parliament, Professor Aaron Michael Oquaye has held deliberations with 21 international partners, including; ambassadors and development partners as part of the Debt Cancellation Campaign Initiative (DCCI). Heavy-handed authoritarian rule from the United Nations will be imposed on the U.S. and other nations. I've spent 20 years as a reporter for the best in the business, including as a Brazil-based staffer for WSJ. The campaign calls for cancellation of debts owed by the world's poorest countries. Universal debt forgiveness and the imminent global debt jubilee • When debt is fraudulent, debt forgiveness is the logical and only remedy. S&P Global Ratings downgraded over 70 Mexican bonds yesterday. Since 2011, I focus on business and investing in the big emerging markets exclusively for Forbes. There is no better time than a liquidity crunch caused by a global pandemic, set to wipe out untold trillions from the world’s stock and bond markets, not to mention a global recession, to tell your creditors to take a hike. In March, Oxfam America, a global anti-poverty and economic justice organization, began advocating for a $160 billion debt cancellation program to fund preparedness in poor countries around the world. It’s an attack of Satan, and globalists are serving up his evil end-time purposes. Pray always and believe Christ! Argentina is basically bankrupt. Wait for it. That’s not happening. Credit card debt forgiveness is where credit issuers forgive balances as part of debt settlement.If an issuer thinks you’ll file for bankruptcy or otherwise won’t pay your bill, they may decide some money is better than none. 48 This approach recognizes that … As coronavirus lockdowns shutter the global economy, countries like Argentina, South Africa, Iraq, Venezuela, Zambia, Lebanon, and many others are warning of dire consequences if they can't get debt relief during this severe global economic slowdown. (Photo by JUAN MABROMATA/AFP via Getty Images), nightclubs and gyms are closed starting on Monday. Three alt-media sources confirm this developing story, here, here, and here, while the MSM has been silent. When debt is fraudulent, debt forgiveness is both the logical and the only remedy for the situation. The Great Reset of 2021 is arriving even before people are recovered from the outrageous effects of the COVID-19 lockdowns, social distancing and mask-wearing. I believe President Trump will be reelected…but then…we can expect and must be prepared for civil unrest and violence like we haven’t seen since COVID-19 began. Policewoman stand guard outside the Mexico City Mayor's Hall on March 26, 2020. Morden thinks it is an increasingly difficult trade-off on whether Argentina taps its scarce resources to pay the $4 billion in New York law external debt payments it owes this year. World citizens would consider one a sugar-daddy who offered to forgive and eliminate their debts. At least not until the pandemic is over. Forgiving debt may take place in order to minimize the amount of loss incurred by a lender due to defaults. Opinions expressed by Forbes Contributors are their own. The former will inform, prepare, lead, guide and shield you from the great tribulation, the last 3 1/2 years of horror of this age, while the latter, through deception, leads followers into pernicious unbelief, ignorance, and being unprepared for Antichrist’s revelation and subsequent 7-year rule of this present age. (Photo by Ronaldo SCHEMIDT / AFP). 13:16–17) in how it will be rolled out and mandated – accept it or be quarantined from society! © 2020 Forbes Media LLC. Speaker Oquaye noted that there is an urgent need for the forgiveness of debt since African countries are facing enormous challenges including, increase in … The new government’s shift towards an unfriendly stance with creditors this month will delay any resolution with bondholders anyway, says Siobhan Morden, head of fixed income Latin America for Amherst Pierpont Securities in New York. So, Christians would reject out of hand such an offer. The one country that is out ahead of this is Argentina. Few want to invest there at the moment. On Friday, July 3, 2020, TheFridayLetter.com disclosed the Great Reset of 2021. The cost of issuing debt is very low, which lowers the cost of debt servicing.” The idea of a debt jubilee has continued to inspire people through history. Jubilee Debt Campaign is the UK's campaigning successor to Jubilee 2000, comprising much of the UK's original Jubilee 2000 membership, while Jubilee Scotland campaigns north of the border. Covid-19 is a compound crisis. Which, for Argentina isn’t even a crisis, but could become one as the fall and winter months set in. Wiping out … 47 Since 1989, Argentina, Brazil, Costa Rica, Mexico, Morocco, the Philippines, and Venezuela have reached agreements concerning their debts under the auspices of the Brady proposal. The International Monetary Fund (IMF), alongside World Bank and G20, has made an unprecedented decision to cancel all debts owed by 111 countries effective May 1, 2020. (Photo by Ricardo Ceppi/Getty Images), EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation with Forbes Insights. But I warn you just as I’ve warned since 2007, the pre-trib rapture is a horrible deception straight from hell. Debt to multilateral, bilateral, and private creditors has shot up in the past decade, so these exceptions and qualifications ensure that poor countries will simply find themselves under an avalanche of debt, unable to pay, next year rather than right now. The process has also been used to help bolster the economy of a nation by other countries choosing to write off debt associated with resources borrowed in years past. The world's already huge debt load smashed the record for the highest debt-to-GDP ratio before 2019 was even over. The commodity price shock for commodity exporting nations is another problem: less export tax revenue for governments whose economies are shrinking in fear of contracting the deadly COVID-19 disease. Whatever the name you give to the process - erasure, repudiation, abolishment, cancellation, jubilee - debt forgiveness will eventually have to emerge at the forefront of global efforts to solve the ongoing systemic financial crisis. Alluringly the Great Reset of 2021 will further condition the masses to Satan’s end-game. It’s a wonder the MSCI has yet to reconsider its inclusion in its emerging market stock and bond indexes. Former holder of the FINRA Series 7 and 66. ADDIS ABABA, Ethiopia — On April 15, Group of 20 countries offered temporary relief to some of the world’s lowest-income countries by suspending debt repayments … Venezuela’s foreign currency reserves were around $10 billion before it defaulted on its PdVSA oil firm debt. Worth noting, Argentina’s net foreign currency reserves are around $12 billion as of March 13. The combination of economic downturns, capital flights, commodity price collapses, the political instability resulting from the social consequences of the epidemic, coupled with the pervasive “risk off” sentiment in the markets will make it difficult or even impossible for some countries to refinance their debts. Debt moratorium advocates are going to be busy. There is no access to external capital markets for Argentina in the meantime, and maybe no conditional funds from the big multilateral lenders because few trust them. Since 2011, I focus on business and investing in the big. And in this case the other side of that coin is satanically dark, because God said “The wicked borrows and does not repay” (Psa. It sounds enticing and too good to be true, given that most people are deeply indebted to home mortgages, credit cards, auto and student loans. Forgiving zero-interest loans for poor and least-developed countries in Africa has been a tradition for China. He will have demonic supernatural powers and a lying tongue by which he deceives the nations. 37:21). World citizens would consider one a sugar-daddy who offered to forgive and eliminate their debts. Have they perhaps been driven from the walls of tradition? The region even breezed through the global recession of 2009. We now know that the Great Reset of 2021 includes a debt forgiveness program as revealed by a whistle-blower in the Liberal Party of Canada’s Strategic Planning Committee that will affect the lives of all world citizens. Sen. Elizabeth Warren, D-Mass., says she would forgive "up to $50,000 in student loan debt for 42 million Americans." As part of the Great Reset, the International Monetary Fund (IMF) will allegedly wipe out all participants’ debt, provided that “citizens will have to forfeit ownership of any and all private property, accept a universal basic income, and enroll in the covid-19 and covid-21 vaccination schedule”. Research from the Roosevelt Institute, a liberal think tank, bears that out, finding that cancellation of $75,000 of student loan debt would provide complete forgiveness to nearly 90% of Latino households and about 80% of Black and white households with student debt. After a de rigueur rejection of outright forgiveness, he added, somewhat cryptically, “Over and above this question, I think that every part of the policy world, civil society and the financial system needs to absorb the implications of low interest rates. All Rights Reserved, This is a BETA experience. A global pandemic will be used by Argentina as the perfect excuse to default. The plan originally called for a total reduction of about 20 percent of global debt, with the IMF and the World Bank offering guarantees for the repayment of the other 80 percent of the debt. ... Debt Moratoriums And Debt Forgiveness Only A … In 2018, Chinese President Xi Ji… We are campaigning with Bernie Sanders, Ilhan Omar, and representatives around the world for total debt forgiveness and an emergency injection of finances to the Global South. Many of these poorer countries now face what economists call a “sudden stop”, a former IMF lawyer wrote in the Financial Times free service Alphaville. Occasional BBC guest. Many times, it is. The Argentine government was supposed to renegotiate their roughly $25 billion debt with the likes of the International Monetary Fund by this week. DCCI is an initiative by the Conference of Speakers and Heads of African Parliament (COSAP) to advocate Africa’s debt to be … In the last week or so more deeply troubling information emerged about that program. Amid secrecy and fear of the fallout of the IMF debt forgiveness program, the MSM may have buried that story beneath the Hunter Biden, Joe Biden and Biden family corruption scandal, as the presidential election is just eleven days away. Broad student loan forgiveness could affect 45.3 million borrowers with federal student loan debt who owe a total of $1.54 trillion to the government. If Argentina goes to 1,000 coronavirus cases, the magic number many public health officials cite before a doubling of new infections pop up, then all bets are off for Argentina to square its debts anytime soon. • All debt which charges a percentage originates in delusion. But, with or without the MSM the truth will be revealed and discerned. with precarious finances and high levels of poverty. 2:11–12) that God sends all those “who did not believe the truth but had pleasure in unrighteousness”. Sometime this year, world public and private debt plus unfunded pensions will surpass $300 trillion. Buenos Aires, on March 24, 2020. Whether its lenders forgive them of it all, or a massive chunk of it, is just a matter of time, too. Never let a crisis go to waste, they say. Jubilee Debt Campaign is the organisation in the UK which has continued and evolved that campaign. The pre-trib rapture is 100% conjecture, assumption, and wishful thinking, which is totally irresponsible. There's also the "insolvency exception" that's already written into the tax code. There’s also the trillion dollar question of how the government pays for mass debt forgiveness, says Neal McCluskey, the director of the Center For Educational Freedom at … The COVID-19 and 21 culling foreshadows the future “mark of the beast” (Rev. Policymakers throughout Latin America, as well as across the frontier market space in Africa, face an unprecedented combination of challenges from a global health crisis: economic disruption as their foreign partners have better things to do than import goods from those countries. On average, the world’s debt now exceeds $86,000 in per capita terms, which is more than 2½ times the average income per-capita. Nations will be revealed and discerned 2005, China announced forgiveness of $ 184 trillion in nominal terms the. Thinking, which is totally irresponsible troubling information emerged about that program the IMF s. Wonder the MSCI has yet to reconsider its inclusion in its emerging market stock and bond indexes people escape of. 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