Economic Collapse

China ‘in distress’: economy suffering ‘rapid’ slowdown as ‘systemic’ problems surface. “Right now, China is in distress: [Xi]’s got the mortgage boycott, which is now in 86 cities; a new supplier’s boycott; bank runs – this is just unprecedented.” Zero-Covid has “exacted high economic, social and political costs in a remarkably short period.”

Romans 10:14 “But how can they call on him to save them unless they believe in him? And how can they believe in him if they have never heard about him? And how can they hear about him unless someone tells them?”

Matthew 9:37 Then he said to his disciples, “The harvest is plentiful but the workers are few.

Luke 10:2 He told them, “The harvest is plentiful, but the workers are few. Ask the Lord of the harvest, therefore, to send out workers into his harvest field.

Revelation; Chapter SIX (6), the ‘start’ of the Tribulation when Christ, the Lamb, opens the first seven (7) SEALS of wrath or judgement against evil man’kind (6).

The following is my discernment and teaching. The Apocalypse is a ‘REVEALING’ or showing what is coming. Chapter six is a 70,000 foot view or general recap of the coming seven (7) year tribulation. It starts off with the revealing of the Beast or Antichrist and ends with the Armageddon battle on the Day or our Lord’s Return to Earth, to ‘rule the nations with an iron rod.’

6 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.

(Commentary; Christ, the Lamb was the ONLY ONE WORTHY in heaven, to have the authority to ‘open’ the seals and start the tribulation)

Revelation 6:2 And I saw, and behold a white horse: and he that sat on him had a bow; and a crown was given unto him: and he went forth conquering, and to conquer.

Commentary; the rider is the ‘beast’ or ‘antichrist’. His being clothed in white suggests ‘3’ false righteousness, false peace and false authority. He has a bow, but no arrows. He rules with lies and threats, but no military or arms. He conquers and subjugates, not with force but with ‘5’ lies, deception, false covenants and false agreements and false promises. He is the world’s greatest ‘political’ leader and deceiver. He is the one who ‘confirms the false covenant of seven years with Jacob’ which starts the tribulation. You should know now of who I speak. His ‘crown’ represents authority, rulership and position. It even literally represents his ‘position’ as Crown Prince, once the tribulation begins. My discernment is that the ‘white horse upon which he sits’ is symbolically a white Arabian stallion.

3 And when he had opened the second (2) seal, I heard the second beast say, Come and see.

4 And there went out another horse that was red: and power was given to him that sat thereon to take peace from the earth, and that they should kill one another: and there was given unto him a great sword.

Commentary; ‘Rumours and Threats of Wars’ are no longer threats, but reality. War will literally ‘break out’ across the earth as nations wage war against one another. This is NOT Armageddon or WWWIII. They are fighting each other, not a common enemy or common threat. Different countries have differences between each other, and no one in particular … except perhaps for the ‘King of the East.’ This is my discernment. ‘Great Sword’ suggests great military technology, as a sword is a reference to military arms. Humanity has more destructive military power at its fingertips now than at any point in human history.

5 And when he had opened the third (3) seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.

Commentary; balances are symbolic for economic transactions and ‘prices’ for things such as wheat and barley grain, bread, olive oil, wine, various food commodities. These are common throughout the world and are considered by most as the ‘staples of life or living.’

6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.

Commentary; The world will have reached a point of ‘climate apartheid’ where only the wealthy can afford basic food resources in the face of fatal droughts, famine, locust swarms and heatwaves, while the rest of the world suffers. Only the extreme rich can afford expensive cooking oil, baked pastries and loaves of multi-grain breads, fancy wines and related luxurious food stuffs. Yet, the ‘average peasant’ has to work for an entire day’s wages just to be able to buy enough wheat to make a loaf of bread. Great and severe income inequality is rampant worldwide. The ‘few’ own a massive disproportion of the earth’s wealth and bounty. Billionaires vs billions of poor. The ‘Crown Prince’ owns 60,000 (6) tonnes of wheat in his store houses or graineries while the few grain silos in the Port of Lebanon were destroyed and its people are threatened with expensive grain shortages that require humanitarian assistance.

7 And when he had opened the fourth (4) seal, I heard the voice of the fourth beast say, Come and see.

8 And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth.

Commentary; ‘pale’ suggests disease, death and dying. Disease and death are the normal results for those subjected to endless warring. Cholera, famine, infection, no clean water, no housing, no medicine, no hospitals, etc., all play a part in continuing to kill those who were not killed in direct fighting. These are normally the ‘innocent’ or the civilians, not the military. Hell follows, why? Because the vast majority of peoples in Asia, Africa, the Middle East and elsewhere have rejected the gospel of salvation by Jesus Christ for just over 2,000 years. They follow Satan’s lies (Islam) and deceptions with other false religions (Hindu deities) and various deceiving doctrines. Even though they appear ‘innocent’ by the world’s standards, they are none-the-less ‘unsaved’ because of their rejection of Christ. Time is up, they unfortunately die because of the effects of war, in an unsaved state … hence ‘hell awaits them’. This is truth.

China ‘in distress’: economy suffering ‘rapid’ slowdown as ‘systemic’ problems surface. “Right now, China is in distress: [Xi]’s got the mortgage boycott, which is now in 86 cities; a new supplier’s boycott; bank runs – this is just unprecedented.” Zero-Covid has “exacted high economic, social and political costs in a remarkably short period.”

Peter Aitken Fri, July 22, 2022 at 2:00 AM Foxnews

China’s economic rebound may face a greater uphill battle than Beijing would otherwise like the world to believe thanks to pressure within the real estate sector and “frustrations” in the banking industry.

“China’s economy has been slowing for quite some time,” Craig Singleton, a fellow at the nonpartisan Foundation for Defense of Democracies, told Fox News Digital. “What we’re witnessing now is a rapid economic slowdown.”

Economists can’t seem to make heads or tails of China’s current economic situation: GDP data indicated a sharp slowdown in Q2, but just weeks ago the Hang Seng hit a 3-month high in what some analysts hailed as signs of recovery.

Larry Hu, the chief Chinese economist at Macquarie in Australia, told Fortune that the economy “is on the mend, but it remains very weak.” He attributed the struggles to the impact of extended lockdowns during the pandemic, and China’s zero-covid policy has only further complicated the issue.

The policy requires localized lockdowns with the detection of any COVID-19 infections, which has led to the prolonged lockdown of major ports and economic centers. Shanghai shut down for 60 days in Spring 2022, measuring a peak of 26,000 cases per day in April. Post-lockdown, officials reported only 29 cases on June 1.

Singleton argues that while COVID has played a part in the initial troubles, China’s recovery slowdown has resulted from “deeper structural, systemic problems.”

“One of them happens to be … China’s hyper leveraged property market by some conservative estimates,” he explained. “China’s property sector makes up 30% of Chinese GDP, so even small deviations in that market can have outsized impact on China’s broader global domestic product and its broader growth.”

Homebuyers across China have threatened to stop making mortgage payments, blaming “stalled” building work, which has added a serious wrinkle against any recovery Beijing has recorded.

“We’ve seen a number of very large defaults of some of the largest Chinese property construction companies,” Singleton said. “We’ve seen an increasing amount of frustration from Chinese citizens who have sunk their life savings into China’s real estate market, primarily viewing it as an investment vehicle or a safe investment, and now many of them are left unable to move into their homes.”

The China Banking and Insurance Regulatory Commission (CBIRC) insisted that the banks should meet “reasonable” developer financing needs and that “all the difficulties and problems will be properly solved,” Reuters reported. Data for the property sector showed a 7% shrink in the second quarter compared to the previous year.

Chinese Premier Li Keqiang spoke with 100,000 officials to lay out a 33-point plan that included a $120 billion credit line for infrastructure projects. The World Bank voiced concern that Beijing would turn to “the old playbook of boosting growth through debt-financed infrastructure and real estate investment.”

“Such a growth model is ultimately unsustainable, and the indebtedness of many corporates and local governments is already too high,” the World Bank wrote, instead supporting consumer-based incentives.

That economic weakness creates a troubling picture for Chinese President Xi Jinping as he seeks another, record third term as leader, according to Asia expert and Gatestone Institute senior fellow Gordon Chang. Xi might try to shake things up in order to show that China remains strong internationally even as it faces these domestic troubles.

“Xi Jinping has every incentive in the world to cause some military misadventure abroad,” Chang said, saying Xi could “either invade a neighbor or perhaps dangerously intercept a plane or a vessel.”

“We don’t know exactly what he would do, but he does have reason to do it,” Chang added. “Right now, China is in distress: [Xi]’s got the mortgage boycott, which is now in 86 cities; a new supplier’s boycott; bank runs – this is just unprecedented.” 

Chang suggested Xi might try to even stir up trouble with India, a neighbor that China has clashed with a number of times over recent years. He also pointed to recent Chinese incursions into Japanese waters, as well as renewed pressure in the South China Sea, which prompted a warning from the U.S. State Department. 

“We know that these are not only simmering incidents, but some of them could actually make sure to a full-blown crisis,” he said. 

The Center for Strategic and International Studies wrote that Zero-Covid has “exacted high economic, social and political costs in a remarkably short period.” Analysts at the Center believe that the policy has “disrupted manufacturing, supply chains and consumer spending.”

Singleton noted that this has led to record-high urban youth unemployment and “broad-based” frustration in the banking sector. About one-fifth of all 16 to 24-year-olds in China are currently unemployed, meaning less than 15% of recent graduates have managed to find jobs.

“There’s every indication that China will fall far short of meeting its annual economic growth target of 5.5%,” Singleton argued. “What we are starting to realize very quickly, I think, is that, you know, the days of China’s meteoric economic, economic rise are long past.”

“But how can they call on him to save them unless they believe in him? And how can they believe in him if they have never heard about him? And how can they hear about him unless someone tells them?” —Romans 10:14

In His Service,

Night Watchman

Paul Rolland

Night Watchman Ministries

Make Your Decision for Christ NOW!!!!!!! Time is Up!!!!!!!

Jesus Christ’s Offer of Salvation:

The ABCs of Salvation through Jesus Christ (the Lamb)

A. Admit/Acknowledge/Accept that you are sinner. Ask God’s forgiveness and repent of your sins.

. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).

. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).

. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us.” (1 John 1:8).

B. Believe Jesus is Lord. Believe that Jesus Christ is who He claimed to be; that He was both fully God and fully man and that we are saved through His death, burial, and resurrection. Put your trust in Him as your only hope of salvation. Become a son or daughter of God by receiving Christ.

. . . “That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his son into the world to condemn the world; but that the world through him might be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall be saved.” (Romans 10:13).

C. Call upon His name, Confess with your heart and with your lips that Jesus is your Lord and Savior.

. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” (Romans 10:9-10).

. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us. If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness. If we say that we have not sinned, we make him a liar, and his word is not in us.” (John 1:8-10).

. . . “And he is the propitiation for our sins: and not for ours only, but also for the sins of the whole world. (John 2:2).

. . . “In this was manifested the love of god toward us, because that God sent his only begotten Son into the world, that we might live through him. And we have seen and do testify that the Father sent the Son to be the Saviour of the world. Whosoever shall confess that Jesus is the Son of God, God dwelleth in him, and he in God.” (1 John 4:9, 14-15).

. . . “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.” (Romans 5:8-10).

. . . “For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.” (Romans 6:23).

. . . “Jesus saith unto them, I am the way, the truth, and the life, no man cometh unto the Father, but by me.” (John 14:6).

. . . “For I am not ashamed of the gospel of Christ: for it is the power of God unto salvation to everyone that believeth.” (Romans 1:16).

. . . “Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved.” (Acts: 4:12).

. . . “Who will have all men to be saved, and to come unto the knowledge of the truth for there is one God, and one mediator between God and men, the man Christ Jesus.” (1 Timothy 2:4-6).

. . . “For God did not appoint us to suffer wrath but to receive salvation through our Lord Jesus Christ.” (1 Thessalonians 5:9).

. . . “But as many as received him, to them gave the power to become the sons of God, even to them that believe on his name.” (John 1:12).

True Church / Bride of Christ Spared from God’s Wrath:

 Romans 5:8-10. “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.”

Romans 12:19. Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

1 Thessalonians 1:10. And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.

1 Thessalonians 5:9. For God hath not appointed us to wrath, but to obtain salvation by our Lord Jesus Christ,

Romans 8:35. Who shall separate us from the love of Christ? shall tribulation, or distress, or persecution, or famine, or nakedness, or peril, or sword?

Jeremiah 30:7. Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble, but he shall be saved out of it.

Revelation 3:10 Because thou hast kept the word of my patience, I also will keep thee from the hour of temptation, which shall come upon all the world, to try them that dwell upon the earth.

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