THE CRASH OF '87!        DO 2379          20/10/87

         1. THE U.S. STOCK EXCHANGE HAS HAD ANOTHER "BLACK MONDAY!"--A 23% DROP!--Almost DOUBLE the 13% of Black Monday, 1929! Praise God, "ALL things work together for GOOD to them that love the Lord!"--Rom.8:28. I had a feeling it was going to happen before this year was up! I kept telling Mama & Peter, "I don't see how it can last any longer!" And sure enough, it's HAPPENED! And it was OCTOBER, like 1929, how about that! What do you bet the ACs brought it on because of their plans? All they had to do was dump their stocks, their huge holdings, & boom, everybody followed suit! It's finally happened, the Crash has COME!
         2. I'M SURE THE ACS HAVE GOT THIS ALL FIGURED OUT SOMEHOW. They apparently decided it was the right time to do it, to bring on the Crash! Gold has immediately shot up! I'll bet those ACs are loaded with gold, they always are. That's always been their main staple, gold & diamonds, to avoid getting hit themselves.
         3. NOW THE NEXT THING TO CRASH IS THE BANKS! When the Stock Market crashes, everybody gets scared, they panic! They know that if the Stock Market crashes, a lot of BANKS have invested their money in STOCKS, so the people start running to the banks to get their money out! They call it a "RUN" on the banks.
         4. THE RUN ON THE BANKS GOT SO BAD AFTER THE '29 CRASH THAT WITHOUT ANY NOTICE, WHILE THE BANKS WERE CLOSED FOR THE WEEKEND, FDR DECLARED THE BANK MORATORIUM, & the Federal Government didn't allow the banks to reopen until they could prove they were solvent! And of course hundreds of them NEVER reopened at all, because they were bankrupted.
         5. WELL, PTL!--IT FITS THE TIMETABLE!--According to our new "What If" timetable (See No.2211) I said they'd have to have the Crash very soon to move things along! PTL! Hallelujah! Thank the Lord we got so much done this past year, all those Books, & we made a lot of major moves. We're making some of our present missionary pushes just in time!
         6. IT'S REALLY SOMETHING THAT THIS CRASH HIT IN OCTOBER!--JUST LIKE THE CRASH OF '29! Maybe the ACs are celebrating their LAST Crash! You KNOW they're in control & they have undoubtedly precipitated it! It seems to fit our new "What If" schedule! If the AC is going to arise any time soon, he had to have this Crash pretty QUICK!

ADVICE FOR OUR FRIENDS!

         7. OUR FRIENDS HAD BETTER START INVESTING IN GOD'S WORK, THEN THEY CAN'T LOSE!--10,000% INTEREST on investments in the Lord's Work, 100FOLD, that's 10,000%!--Mark 10:30. OUR stocks keep going UP & NEVER lose, how about that? ETERNAL dividends! Some of it you see here & the rest in Heaven! TYL!
         8. THE SMARTEST THING OUR FRIENDS CAN DO IS TO PULL THEIR MONEY OUT OF THE BANKS AS FAST AS THEY CAN & PUT IT IN THE LORD'S WORK! I would suggest if they're going to do anything with their money at all, they'd better get it out of the banks as fast as they can & get it into something that will benefit the Lord's Work, & then it will be BLESSED!
         9. I THINK THEY OUGHT TO PULL THEIR MONEY OUT OF THE BANKS AS QUICK AS THEY CAN, & out of anything else that's apt to collapse, because this will put a pin not only in the stock market, but in the REALTY market, property prices etc. I wouldn't BUY real estate right now. Places that have been having a boom in real estate, this Crash will put the pin in it & the boom will collapse. So if they buy now high, the value will go way down. I would also advise them that if they own any real estate merely for the purpose of SPECULATION, which means just holding it, hoping the prices will still go up, they'd better DUMP it! This Crash will bring the real estate market down too, & everything will crumble!
         10. ANY OF OUR FRIENDS WHO ARE RICH & HAVE INVESTMENTS, IT'S IMPORTANT THAT WE DON'T FAIL TO GIVE THEM THESE WARNINGS! I would certainly advise them to get their money out of the banks, which are usually the next thing to fail after the Stock Market. And they should get rid of any, you might say, shaky investments. Just hang on to things they KNOW can survive. But they need to get out of any kind of shaky investments, any speculative property holdings, any kind of real estate which is going to go bust, that they're not USING.
         11. I HOPE THEY ALREADY KNOW BY THIS TIME THAT THEY OUGHT TO GET OUT OF THE STOCK MARKET IF THEY'RE IN IT. They're probably already getting out of the Stock Market, but they need to get out of the BANKS too!

PEACE PROPHETS & THE PANIC!

         12. OF COURSE THE SOOTHSAYERS & THE PEACE PROPHETS ARE VERY BUSY RIGHT NOW TRYING TO PET & SOOTHE THE PEOPLE & calm down the public, "Don't worry, it will probably be back up again tomorrow, blah blah blah!"
         13. THEY'RE SCARED TO DEATH ABOUT THEIR OWN MONEY, SO THEY WANT THE PUBLIC CONFIDENCE TO BE RESTORED so THEY won't lose too much! So they're all prophesying peace: "The economy is stable, the government is stable, there's no reason for this, we can't understand it, we don't know why it happened! It's not the economy, it's not business, blah blah blah!"
         14. SOME OF THESE GUYS ARE TRYING TO SAY, "IT'S JUST A CORRECTION, THE MARKET HAS BEEN TOO HIGH!" They're trying to show how calm they are & how unconcerned they are, the brokers & the stock authorities etc. It just almost makes you sick to think of the way these guys get on TV & LIE to the people, just deliberately LIE to them!--Including the GOVERNMENT! Can you imagine? Well, it's all a part of losing confidence, losing faith. It's what they call a PANIC, which is FEAR! They're afraid, & they've got REASON to be afraid!

HOW THE CRASH AFFECTS THE WORLD!

         15. IN THE CRASH OF '29, THE RICH WERE HARDEST HIT, probably mostly the GENTILE rich. The ACs engineered it for their own profit, I'm sure, because it was through the Great Depression & WW2 that they finally got control of the World! So I'm sure they've engineered this one as well.
         16. THANK GOD, ALONG WITH THE COLLAPSE OF THESE MARKETS, IT ALSO MEANS THAT PRICES USUALLY GO DOWN, NOT ONLY THE PRICES OF STOCKS! Of course, in a way, we're living in an entirely different World now, so things may not always follow the exact same pattern as they did before.
         17. OF COURSE, THE INDIVIDUAL PEOPLE, THE SMALL FRY WHO HAVE GONE INTO DEBT OVER THEIR HEADS ON TIME PAYMENTS ON EVERYTHING from their house to their car to their TV & their furniture & everything at high prices & high payments, will be just wiped out! They will lose EVERYTHING just like they did in the Depression! And they weren't as bad off at THAT time as they are NOW because installment-buying was not as popular & not as easy to do in those days. Things operated much more on a CASH basis then. Between 1929 & 1931, stocks lost $50 billion, but this time over $500 BILLION worth of value was wiped out in one day!--That's HALF-A-TRILLION Dollars!
         18. THE STOCK MARKET WILL PROBABLY BE SELLING ALL WEEK. That's just what happened in '29. Black Monday was the MAJOR crash, but then they were trying to sell all week long as fast as they could. The stocks went down to a dirt cheap level & NOBODY wanted to buy, EVERYBODY wanted to SELL. That's probably when the ACs bought it all up, $100 stocks for $1 a share, stuff like that. They know how to manipulate the finances!
         19. THE THING THAT I CAN'T QUITE UNDERSTAND ABOUT THAT "GREEN PAPER PIG" DREAM IS THAT I WAS THE ONE WHO PUT THE PIN IN THE BALLOON! Can you figure that one out? It wasn't the ACS, THEY were the ones who were blowing the Dollar UP. Well, you could look at it this way, since I'm God's REPRESENTATIVE, therefore it's the LORD Who is actually putting the pin in their balloon, as far as the DOLLAR'S concerned!
         20. NOW THE STOCK MARKET, THAT'S SOMETHING ELSE AGAIN. I wouldn't be surprised that they're doing just like they did last time to create the Crash, & then they'll be the ones that buy it all up for almost nothing!--And then bring in their Superman supposedly to save the World!

HOW THE CRASH AFFECTS US!

         21. IN A WAY, IT ALMOST SEEMS LIKE IT'S HITTING US AT A BAD TIME IF IT'S GOING TO HURT OUR INCOME, WHICH IT PROBABLY WILL. People will have less money, less wages & salaries, & are going to get a little tighter about what they spend or give, & we probably won't get as large donations for our Tapes & Posters & things like that. But compensating for that, PRICES should go DOWN because the SELLERS have to lower their prices to meet the people's ability to PAY. As I said, the prices went down dramatically in the Depression!
         22. IT SEEMS LIKE THE MOST FOOLISH TIME IN THE WORLD FOR US TO BE HAVING SOME OF THESE BIG DRIVES & PUSHES ON CERTAIN MISSION FIELDS, but that's something that I would not think of pulling back on because that is GOD'S WORK & that is something I know is GOD'S WILL, that GOD wants us to do! Only God knows WHY He is letting us go to such a huge expense of some of these big invasions of these fields right now! I'm sure He has His reasons & He is not going to let us suffer or lose from it.
         23. PROBABLY IT'S SO WE CAN GAIN FROM IT SOMEHOW, & HE'LL BLESS US FINANCIALLY AS WELL AS OTHERWISE! So it may even turn out to be a lifesaver, our invasion & push on these needy fields right now. So don't pull back on that! Just keep it down to a reasonable level, a sure level, and don't be extravagant. Let's just be very CONSERVATIVE now and let's be extremely PRAYERFUL and know what we really NEED to keep & do, & what we DON'T need to keep & do. And as the fellow said, "God help me to know the DIFFERENCE!" Amen?
         24. WE'RE GOING TO HAVE TO START CUTTING DOWN ON ANYTHING WHICH IS NOT ABSOLUTELY NECESSARY & anything which has not been particularly fruitful which we've allowed to rock along. Let's just be prayerful & careful & start pinching our pennies. We just need to start economising & winding down a bit.
         25. I HATE TO CUT ANYBODY'S BUDGETS BUT I THINK WE ARE GOING TO HAVE TO GAUGE BUDGETS ACCORDING TO THE CIRCUMSTANCES, & if our income goes down fairly substantially, we may have to make budget cuts accordingly. For example, if our income goes down a substantial 10% or something like that, we might have to turn around & reduce all of the budgets by 10% as well.
         26. SOME OF THESE MEASURES ARE GOING TO BE THE FIRST CUTS, & our folks will need to realise that there may be MORE measures COMING which we may have to put into effect, depending on how things develop. They should take this as a warning that they may have to start ECONOMISING & preparing to live less affluently & a little more economically & maybe not take such financial steps that they wouldn't otherwise take if they didn't have it.--Since WE may not have it or be able to give it to them any longer. In other words, there may be BUDGET CUTS if this is THE Economic Crash & things keep going down.
         27. OF COURSE, OUR BIG PUSH ON SOME OF THESE FIELDS RIGHT NOW MAY SEEM LIKE A BIG EXPENSE AT THIS POINT, but who knows, the Lord may know it may turn out to be some kind of a lifesaver in the long run! So we shall see! The Lord works in a mysterious way, His wonders to perform, & He doesn't gauge everything necessarily by conditions. He frequently operates contrary to natural expectations.
         28. SO THAT'S FAITH!--TO GO AHEAD & DO WHAT GOD WANTS US TO DO, what NEEDS to be done, WHATEVER it costs! We need to spend money on what HAS to be done, & we KNOW God will repay. "Whatsoever thou spendest I WILL repay!"--Luke 10:35.
         29. THESE MISSIONARY PUSHES REALLY NEED TO BE MADE, SO I'M NOT A BIT AFRAID OF PUSHING & SPENDING ON SOMETHING THAT I KNOW GOD WANTS DONE BECAUSE I KNOW HE'LL PAY! Where God guides He provides, & "WHATSOEVER thou spendest," He said, "I will REPAY!" So let's do it! Let's not be chintzy or cheap about it, let's just be PRAYERFUL & CAREFUL & make sure we're making the right choices & not being extravagant, & not moving people who don't NEED to move, who will not be any great asset. Don't move people around unless they really need to be & are going to be really NEEDED!

HOW IT HAPPENED!

         30. THE THING THAT CAUSED THE STOCK MARKET TO NOSEDIVE ON MONDAY WAS THAT ON THE PREVIOUS THURSDAY TO FRIDAY IT WAS ALREADY ON ITS WAY DOWN IN A BIG BAD DROP OF AROUND 235 POINTS! Along with some previous drops in the week, it was the largest drop in history! See, all those gamblers with that gleam in their eye, they've been hoping it would go UP. But if the gambler sees that his winning streak has come to an end & it looks like he lost this game & then he loses the NEXT game, if he's smart he'll get OUT!
         31. IT'S HAPPENING JUST LIKE IT DID IN OCTOBER, 1929! The fall BEGAN on Wednesday, Thursday and FRIDAY and that's why everybody was trying to sell on MONDAY. In other words, they wanted to make sure it was on the STEADY DOWNGRADE before they got out, it wasn't just another temporary drop from which the Stock Market would recover & go up higher again. So by THAT time, EVERYBODY was ready to sell on MONDAY! And they say the panic, the madhouse began, the place was just PACKED with people when they rang the bell & the market opened!--And EVERYBODY started SELLING.
         32. THE SMALLER INVESTORS ACTUALLY OWN THE LARGEST TOTAL QUANTITY OF STOCKS. So those LITTLE boys are the ones that get scared FIRST because they have a lot more to lose in a way because they have so little compared to the really BIG money boys. They CAN'T AFFORD to lose, so they start clearing out fast! They're the ones who own the most stocks as a group, believe it or not. If you were a small investor, what would you think when you saw the Stock Market going this way? (Peter: Sell now!) Brother, I'd get out FAST!--And they DID!
         33. (LATER, WHILE READING ABOUT THE GREAT DEPRESSION OF 1929:) They say it contributed to the rise of Adolf Hitler. Well, THIS one is going to contribute to the rise of you-know-who!--The AC!--God help us!--And He WILL!--TYJ! GBAKY, in Jesus' name, amen!

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