David Wilkerson: Global Economic Collapse Begins in Germany

This article was originally posted on May 11, 2015 and is being reposted due to recent financial trouble at Germany’s largest bank, Deutsch Bank.

In my previous post, Why the Greek Drama Will Soon Become a Tragedy, I shared a prophetic vision from the late David Wilkerson in which he warned of bank runs starting in the United States within about two weeks after the first country goes bankrupt. The purpose of this post is to clarify what he meant.… [Continue reading...]

$1 billion per day bank run has begun for Deutsche Bank, Germany’s largest bank.

A $1 billion per day bank run has started at Deutsche Bank, which Germany’s largest bank and the world’s 15th largest bank with branches in 58 nations. Deutsche Bank has been struggling for years, but their trouble has accelerated this year. Last week, they announced plans to lay off 18,000 employees, which appears to be the catalyst for the bank run. As reported today:

…like the world’s biggest melting ice cube, there is simply no equity value there any more – everyone else has decided to cut their counterparty risk with the bank with the €45 trillion in derivatives, and according to Bloomberg Deutsche Bank clients, mostly hedge funds, have started a “bank run” which has culminated with about $1 billion per day being pulled from the bank.

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“The violence will begin in Berlin in November.”

The Lord Jesus described the days preceding His return saying, “as it was in the days of Noah.” (Matthew 24:37-38, Luke 17:26) In those days, many unrighteous people were destroyed by God in a great flood because He saw their wickedness was great and every intent of their thoughts was only evil continually. (Genesis 6:5) So, one of the signs letting us know the Lord’s return is near is the rise of a wicked generation whose thoughts are continually evil.

In the past few years, we’ve seen dramatic increases in the number of terrorist incidents and violent attacks on innocent people throughout the world, which is a great barometer of the level of evil in our world.… [Continue reading...]