Currencies don’t melt down randomly. This is only the first stage of a complete re-ordering of the global financial system.

Take a look at the Shanghai Stock Market (China) and tell me what you see:

A complete meltdown, right? More specifically, a four-month battle to cling to the key technical support of the 200-week moving average (the red line). Once the support finally broke, the index crashed.

Now take a look at the U.S. S&P 500 stock market (SPX):

SPX is soaring to new highs, not just climbing a wall of worry but leaping over it. So the engine of global growth–China–is exhibiting signs of serious disorder, and the world’s consumerist paradise–the U.S.– is on a euphoric high (Ibogaine in the water supply?)

This divergence is worth pondering. How can the two economies that have powered a 28-year Bull Market in just about everything (setting aside that spot of bother in 2008-09) be responding so differently to the global economy and global financial system’s woes?

There’s a rule of thumb that’s also worth pondering. While the stock market attracts all the media attention–every news cast reports the daily closing the the Dow Jones Industrial Average, the SPX and the Nasdaq stock index–the bond market is larger and more consequential. And larger still is the currency market–foreign exchange (FX).

As the chart below illustrates, a great many currencies around the world are in complete meltdown. This is not normal. Nations that over-borrow, over-spend and print too much of their currency to generate an illusion of solvency eventually experience a currency crisis as investors and traders lose faith in the currency as a store of value, i.e. the faith that it will have the same (or more) purchasing power in a month that it has today.

Here’s the key takeaway: a currency crisis is a symptom of a deeper disease–it is not the illness. The same is true of stock market declines like the Shanghai Index that break long-term support levels: a crashing stock market is a symptom of a deeper disease, it’s not the illness.

The fact that so many currencies are melting down at the same time is telling us the global financial system is unraveling, and unraveling fast. This is a symptom of a fatal disease. Currencies reflect all sorts of financial information; they’re akin to taking an economy’s pulse: trade balances, debt levels, interest rates, central bank policies, fiscal policies, and so on.

The global financial system is inter-connected, but this is not a viable excuse for the meltdown. The general explanation floating around is that currency weakness is like the flu: one currency gets it, and then it spreads to other weak currencies.

This diagnosis is misleading. What’s actually happening is the unprecedented global bubble of debt and assets of the past decade is popping, and it’s laying waste to the most indebted, over-leveraged and mismanaged nations first, either via stock market declines or meltdowns in currencies.

These are symptoms. The disease is the “fixes” of the past decade–extreme expansions of debt and asset valuations–are unraveling. The global financial system suffered a seizure in 2008-09, a non-linear manifestation of a system completely out of whack: the $500 billion subprime mortgage market almost took down the entire $200 trillion global financial system.

That’s the acme of a brittle, fragile system: a small input (subprime mortgage defaults) yields an enormous output (global financial meltdown).

What nobody dares talk about is the “fixes” have made the global financial system even more vulnerable than it was in 2008. The global meltdown of currencies is evidence that the symptomatic “solutions” to the brush with collapse in 2008-09–skyrocketing debt and asset bubbles– fixed nothing. All they did was inflate an even larger, more vulnerable bubble.

Currencies don’t melt down randomly. This is only the first stage of a complete re-ordering of the global financial system, a re-ordering that will reprice all the assets currently bubbling at absurd levels to much lower valuations.

The illusion that the U.S. is immune to the unraveling of debt and asset valuations won’t last. When the defaults start piling up, so will the losses, and when asset bubbles pop, incomes and spending decline. Although few seem to notice, almost half the profits of the S&P 500 corporations are earned overseas.

The belief that U.S. markets are somehow disconnected from global markets and immune to the repricing of risk, debt, assets and currencies is magical thinking.

This morning I had a vision and I saw many of God’s people who were struggling with sickness, unexplained symptoms in their bodies and physical pain, and they were “bent down” underneath the heaviness of these infirmities.

As my worship music was playing and I was worshipping Jesus I watched in this vision as God’s people who were ‘bent down’ underneath these infirmities and attacks lifted their hands in worship to Jesus both in private and corporate settings, I watched the fire of God and the oil of His presence begin to fall. The fire of God was falling and consuming all things that were not of Him, and the oil of His presence was bringing significant healing.

As their worship rose to the Lord I watched bodies SUDDENLY coming into alignment. I watched as cells were being restored and reignited with life. I watched as major turnarounds in physical bodies were taking place.

I heard the words: “SICKNESS WILL BOW TO THE NAME OF JESUS CHRIST”

Many have been plagued with physical issues for a lot of their lives, and many have now been battling with sickness and ‘one thing after another’ in their physical bodies lately. I want to encourage you, God has His eyes on you and there is a miracle waiting for you.

There is a miracle turnaround waiting for many. Many of you have faced the same ailment over and over again, I prophesy to you in the name of Jesus Christ that this sickness, this ailment will bow to the name of Jesus Christ.

GIFTS OF HEALING AND HEALING MINISTRIES BEING BIRTHED

The Lord showed me that many have been attacked all of their lives with physical issues and sickness and it has intensified of late.

The Lord showed me many fearful hearts over what they are experiencing in their bodies and anxiety over what physical issues they have been dealing with. If that’s you, I want to encourage you, the Lord has His hand over you. You are hidden in Him. As you make the Lord Most High your dwelling place, no evil shall befall you (Psalm 91). I felt the Lord wants to encourage many of you feeling fearful that He is your strong tower, He is your shelter and your ever present help. His massive arms are wrapped around you. He is your protection!

The Lord is about to turn things around. He is about to take all the years that you have struggled with these physical issues and pain and He is going to bring major recompense for MANY.

The Lord showed me many of you that have been assaulted over and over in your physical body and a spirit of infirmity, the Lord is breaking it, and I saw gifts of healing and healing ministries being birthed. There will be a significant increase of the supernatural healing of God through your hands and decrees as you pray for others. The enemy is going to be paid back severely for his attacks in your physical bodies through this miraculous turnaround breakthrough and the fruit of healing that is going to manifest in the lives of COUNTLESS others.

Many of you have felt abandoned by the Lord in the pain and in the sickness. You have wondered where He is and has been. He’s been right there with you, holding you and strengthening you. Now you shall see the power of God displayed in and through your physical body in a way that you have never seen before.

Many of you have had whispers of the enemy, whispers of fear of death and foreboding fear, but I hear Psalm 118:17 over you:

“I will not die; instead, I will live to tell what the LORD has done.”

Get ready to see a supernatural display of His power, creative miracles of healing and supernatural turnarounds in your physical body as you worship Him.