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March 11, 2020 | Recession first, then Depression! Why?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.


Our markets are slowing to a crawl. The big issue is the ‘velocity’ of money. 
What is velocity of money? I spend a dollar and the recipient spends my dollar. The game continues as a dollar gets spent from spender to recipient. What is now happening in spades is that the ‘velocity’ of money is declining and this factor will bring us a RECESSION in a couple of months and then an economic DEPRESSION by the end of 2020.

Economics is based upon a Keynesian model of economics which demands borrowing and spending on a continual basis. All this activity creates a high ‘velocity’ of money as people borrow, spend, borrow, spend. Credit is used to increase this concept called the ‘velocity’ of money. But what is now happening to slow and reduce this concept of ‘velocity’?

Mr. Trump just announced that travel from Europe and China is being stopped. The coronavirus situation is forcing Mr. Trump to slow down travel and this slows down money transactions. The ‘velocity’ of money slows and declines in any market where these restrictions are imposed. All this will mean a slowing economy for the world (including America) and this slow down will accelerate over the next 60 days.

All these factors, along with supply chain issues for imports and exports, will cause prices to increase (on some items) even as demand declines. This takes some time to surface, but the reality of a serious slow-down is now happening. As money ‘velocity’ slows and transactions decline we could witness this concept called Stagflation. Within this Stagflation I see a recession coming and then as issues become more dire an economic depression.

Who is behind all this? Ultimately it is God Almighty. We are living in the End Times/Last Days and this means that all these events ultimately derive from the spiritual realm. The invisible rules over the visible (read my prior missive). Our system is governed by spiritual forces and principalities which work invisibly ‘though’ each of us. We are spiritual beings and few seem to comprehend this reality. The invisible realm rules over this planet!

All this change is meant to wake-up all of us to a new set of realities. Today, most thinkers can not discern what is happening. Our elites are steeped in this science philosophy called ‘materialism’. Materialism is driving economics, finance, education, religion, and philosophy. All this will CHANGE over time as people start to recognize that they are NOT material beings. The human BRAIN does not rule over my behavior. I have a MIND which is spiritual.

Consciousness is a spiritual reality. The human MIND is a spiritual reality. My BRAIN is a material reality. Materialism is what our elites push and promote in our education and via the media. It’s mostly garbage. The world is ruled by spiritual forces and principalities. These spiritual forces work ‘through’ us invisibly. I can not SEE these forces and none of my five sense recognize these forces.

It is my inner spiritual consciousness which recognizes these forces. I do not need to get educated in more ‘materialism’. This philosophy is mostly garbage IMO. Our money is spiritual. My words are spiritual. My thinking is spiritual. I summit that you are similar. Our thinking must change to discern today’s realities. The coming recession/depression/covid-19 situation may wake-up many over time. All this is GOOD. A better DAY is coming!

Have a good day and watch the spiritual markets. Mr. Trump needs to also learn from what is coming. His continual mantra that ALL IS GREAT (economically) is not a valid perception of reality IMO. In tonight’s speech he continued the mantra that our financial situation is strong and all is well with our financial situation. Is this valid? To make America great again we need to focus on reality as we live it. That is my view. I am: https://kingdomecon.wordpress.com.

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March 11th, 2020

Posted In: Kingdom Economics

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