The Yahoo Finance chart of EFA, VTI, TLT, GLD, XOM and IYF shows the rise and fall of debt facilitated growth that came under the laissez faire, neoliberal, Milton Friedman, capitalism which was based on a floating rate currency exchange, interest rate differential investing, and free trade system.
Stephen Lendman in Global Research article The End Of Prosperity relates that Morgan Stanley's economist and chairman of the company's Asia operations Stephen Roach was extremely critical of Fed policy in an October 27 Financial Times article where he called "the era of excess as much about policy blunders and regulatory negligence as about mistakes by financial institutions." We need a new system and new role for the Fed in his judgment. Explicitly to reference "financial stability", he said.
Britain's Charles Goodhart, a founding member of the Bank of England's Monetary Policy Committee, MPC, and now a professor emeritus of banking and finance at the London School of Economics, says the country "may need 0% interest rate to avoid a depressionist warns."
Some in Tokyo believe the country can do little to reverse the downward trend. According to Credit Suisse's Toyko-based chief equity strategist, Shinichi Ichikawa, "The Japanese government alone can't fix" the nation's export woes or the deepening global crisis. "The factors hurting the market are beyond Japan's control." Japan is heavily export dependent. For most of its economic growth and health. It's hurt by a surging Yen. At a 13 year high against the dollar. In addition, hedge funds and foreign investors are bailing out. The way they're doing everywhere, but it's hurting Japan more than most because it relies so heavily on outside capital.
Mr. Lendman concludes by asking: "Will world leaders seize the challenge and act?"
I can assure you that indeed the world's leaders will seize the moment and establish a new global monetary authority only to see it result in total failure and a worldwide currency system being installed.
True prosperity will come when Jesus Christ returns to govern for a 1,000 years
As the elect of God, I will be governing with the Lord for a thousand years, Revealation 20:4, as there will be at least 2 Billion left over after the Battle of Armageddon, that is the final conflagration on the plain of Megiddo, Revelation 16:16, where the EU US western world Sovereign, Revelation 13:5-10, goes out to battle the tide of 200 million from the East, Revelation 16:12-16, as well as the Bear of the North, Daniel 11:40-44.
Governace - it's only for a day; as a 1,000 years are as a day, 2 Peter 3:8.
The Lord will be governing in Jerusalem from his Temple, Ezekiel 47-48. Ezekiel is emphatic on the orientation of the temple: it faces east Ezekiel 47:1.
The prophet mentions the direction east in other places in his writing as well: Ezekiel 43:1-5 and Exekiel 10:18-19 and Ezekiel 11:22-23 and Ezekiel 8:16.
The Temple will be oriented eastward, that is, in the direction that all sun god worshipers, throught history, have faced.
Cludia Thompson relates: "Because the God of the Freemasons is the Sun God all devotions in their Lodges are made facing East! The Masonic ritual proclaims that: "as the sun rises in the east, to open and govern the day, so rises the Worshipful Master in the east, to open and govern his Lodge, set the craft to work and give them proper instruction." Malcolm Duncan, Duncan's Masonic Ritual Monitor, pg.15 In Ezekiel 8:16, Ezekiel tells us about God showing him what was really going on, in the temple at Jerusalem: "And he brought me into the inner court of the Lord's house, and, behold, at the door of the temple of the Lord, between the porch and the altar, were about five and twenty men, with their backs toward the temple of the Lord, and their faces toward the east; and they worshipped the sun toward the east."
The Robert Jamieson Bible Commentary relates Manessah's reign was wicked and characterised by great idolotry who oriented worship towards the sunrise: "Manasseh was twelve years old when he began to reign. He must have been born three years after his father's recovery; and his minority, spent under the influence of guardians who were hostile to the religious principles and reforming policy of his father, may account in part for the anti-theocratic principles of his reign. The work of religious reformation which Hezekiah had zealously carried on was but partially accomplished. There was little appearance of its influence on the heart and manners of the people at large. On the contrary, the true fear of God had vanished from the mass of the people; corruption and vice increased, and were openly practised (Isa 28:7, &c.) by the degenerate leaders, who, having got the young prince Manasseh into their power, directed his education, trained him up in their views, and seduced him into the open patronage of idolatry. Hence, when he became sovereign, he introduced the worship of idols, the restoration of high places, and the erection of altars or pillars to Baal, and the placing, in the temple of God itself, a graven image of Asherah, the sacred or symbolic tree, which represented "all the host of heaven." This was not idolatry, but pure star-worship, of Chaldaic and Assyrian origin [KEIL]. The sun, as among the Persians, had chariots and horses consecrated to it (2Ki 23:11); and incense was offered to the stars on the housetops (2Ki 23:12; 2Ch 33:5; Jer 19:13; Zep 1:5), and in the temple area with the face turned toward the sunrise (Eze 8:16)".
Egyptians were involved in sun worship and faced east in their worship activities; Wikipedia relates: "The Egyptian God Ra (pronounced Rah) and sometimes as, Rê, is an ancient Egyptian sun god. By the fifth dynasty he became a major deity in ancient Egyptian religion, identified primarily with the mid-day sun, with other deities representing other positions of the sun. Ra changed greatly over time and in one form or another, much later he was said to represent the sun at all times of the day. Obelisk represents the rays of the sun and was worshiped as a home of a solar god. Pyramids, aligned east to west, Falcon; Bull; a cobra commonly seen wrapped around the sun disk, the form of the goddess Wadjet, who often was depicted as an Egyptian cobra, an animal thought only to be female and reproducing through parthenogenesis. Some traditions relate that the first wadjet was created by the goddess Isis who formed it from the dust of the earth and the spittle of Atum. The uraeus was the instrument with which Isis gained the throne of Egypt for her husband Osiris. As the sun, Ra was thought to see everything. Together with Atum, Ra was believed to have fathered Shu and Tefnut who in turn bore Geb and Nut. These in turn were the parents of Osiris, Isis, Set (also known as Seth), and Nephthys. All nine made up the Heliopolitan Ennead".
The Lord will be in his Temple, it will be facing east, and he will be transmitting peace, and the result will be joy and prosperity as Allen Ross reveals.
Ezekiel is what bible historians refer to as a "major prophet", that is one of God's heavyweights. In article Video Documents Orbs At The 08-80-08 Wiltshire Crop Circle Site, I relate the wheels he reported seeing in Ezekiel 10:18-19.