Roundtable Discussion – Watch Japan Part II
The land of the rising sun…
Bank of Japan Rumblings
Just this past week, a couple of BOJ governors started making public comments leading the international financial community to believe the BOJ would soon start raising rates (short term Japanese interest is -0.10% – yes they will pay people to borrow money in order to stimulate economic growth).
Bank of Japan Governor Kazuo Ueda said on Thursday Dec 7th he told Prime Minister Fumio Kishida the central bank will scrutinise the strength of domestic demand and next year’s wage outlook in guiding monetary policy.
The remarks came in the wake of those by Deputy Governor Ryozo Himino on Wednesday Dec 6th elaborating on the potential impact an exit from ultra-loose monetary policy could have on the economy.
The BOJ next meets for a rate review on Dec. 18-19, followed by another meeting on Jan. 22-23 when it conducts a quarterly review of its growth and inflation forecasts.
Yen up 6% in month – 2% in a day
Background Reading / Listening
This is another reminder to “Watch Japan” (click for last discussion write up, illustrations and podcast on this topic).
Japan is the country where the “sun rises first”. There is a prophetic understanding of first goes Japan – then goes the USA / ROW (rest of world). See the last write up for more on this by way of background. Bob Jones prophecy and Rick Joyner Alert.
Economic Financial Troubles Coming
In 2008/9 during the financial crisis, I felt the Lord was sharing a few things:
- This is not the end of troubles, but the beginning of troubles
- Ezekiel 29-32 is a 7-fold judgment of Egypt, Pharaoh, and Pharoah’s pride. They thought they were like God. Just like the tower of Babble in Gen 11. Just like the pride of Nebuchadnezzar. America has a similar pride today, especially in the strength of its financial markets, its currency, its economic power. I felt God speaking through this scripture that so too would America’s economic power be greatly humbled. The scripture speaks of 40 years. Japan has been going through economic trouble for now 34-37 years depending on how you measure it.
Watchmen on the Wall
Do not quench the Spirit. Do not treat prophecies with contempt but test them all; hold on to what is good, reject every kind of evil
1 Thessalonians 5:20-22
Surely the Sovereign LORD does nothing without revealing his plan to his servants the prophets
Amos 3:7
Relevant Articles for Discussion
Yen up 2% in a day against Dollar. Speculation of BOJ raising rates? Or short squeeze for Hedge Fund’s carry trade?
Upcoming NBB Gatherings:
https://thelordwillprovide.org/
https://thelordwillprovide.blogspot.com/
Dec 20th 8-10am – Stephen Burke, The Lord Will Provide ministries will share his perspective on what is going on in Israel, how it relates to a strategic vision he saw, and how this relates to what God is doing on the earth in preparation for His return. You won’t want to miss…
Dec 20th 10am-12pm – Manatee Storehouse Community group. You can join in with this FL community to learn more about the Storehouse from 10am-12pm Dec 20th Wed and hear what is happening in central FL. Gary Crawford, one of our leaders and the Manatee County FL team. This is a Storehouse learning opportunity. Zoom link https://us02web.zoom.us/j/88569625162
Leave a Reply