Prophecy and Predictions for 2010

This post is a summary of some of the predictions given by two men who have come to be seen as leaders and fathers in their respective fields. The first is a spiritual “Dad” (father in the Faith), David Wilkerson, the author of the the Bestseller The Cross and the Switchblade;the second, “richdad”,(Robert Kiyosaki), has been a de facto “father” to many budding investors and entrepreneurs in the last decade, as they have followed his popular “Rich Dad, Poor Dad” books and online courses, the most recent of which is his new bestseller, Conspiracy of the Rich(U.K readers).

We have included two views here-one from a well-known Christian prophet and one from a well-known writer on business and investing;we’re obviously aware there are many other views out there, but in the babble of views from so-called experts both in the church world and in the business world we have found that not many meet the criteria of a true prophet on the one hand, or of an accurate and honest financial seer on the other.

Very simply, the tests for a true Biblical prophet are that he is one whose predictions or prophecies come to pass (Deut 18:22), but also, is one whose message and ministry glorifies Jesus Christ.  Most so-called “prophets” fail in both categories; if they pass the first, they fail on the second, and seek glory for themselves.  I seem to remember adverts on the net by someone predicting America’s destruction in 2009 (or was it supposed to be in 2008?)?  What amazes me is that people still follow such turkeys even after their so-called prophecies fail.  I have watched Wilkerson’s ministry for years and from what I can see he seems to qualify under the Bible criteria, particularly on the second which is essential for any true minister.

If  one is looking for advice on investments and where to invest one’s money, as Kiyosaki often says, one should not look to get it from people who are not investors themselves.  Many financial advisers work for large fund-management firms and will only offer products or advice they are paid by the company machine to offer.  Kiyosaki is not a financial adviser, nor a Christian minister or prophet -and does not claim to be-but in our view is an original thinker, a genuine investor and his predictions as a savvy business entrepreneur (that I have read anyway) seem to be consistently accurate-hence their inclusion here.

David Wilkerson’s 2003 prophecy

David Wilkerson

We start with a pertinent prophecy from David Wilkerson called ” THE CHASTENING OF AMERICA” from back in July 2003:

“For the last five years, I have been warning of an impending financial disaster in America. Today, few will listen, and even devout Christians do not want to hear what they consider negative prophecies.

I’ve heard ministers preach that America is headed only for blessings, with no judgment. They say “Where is the financial breakdown the doomsayers speak of? It will never happen here.” They point to a believing President, to a clean, moral White House, and to a leadership doing its best to repeal abortion legislation.

Our own Supreme Court has just legitimized homosexuality. And America will soon legalize gay marriages also. We have outdone Sodom There is no record of Sodom aborting babies. And Sodom had no Bible, no churches, no gospel. Yet we have sinned and outlawed the very name of God, in the face of loving warnings and a gospel of mercy and grace.

A few years ago, I was practically screaming out warnings about a collapse of the Internet bubble. Now I am crying out a warning about the real estate bubble.(italics supplied) Soon, America will face a fearful collapse in real estate (highlight added by this article writer), as bad or worse than the real estate collapse in Japan ten years ago.

I take back none of my warnings. The storm is still on the horizon. Right now it is being withheld for a season… in hope that the goodness and patience of God lead us to repentance.”

Whether you agree with Wilkerson’s views or not, the facts of history cannot lie.  His prediction of the collapse of real estate can now be verified absolutely.  You may be interested to know the same minister has predicted a Money Crash in the not-too-distant future.  Further information on Pastor David Wilkerson can be found by contacting Times Square Church, 1657 Broadway, NYC, New York 10019.(www.timessquarechurch.org ) and a link for a recent book of his is at the end of this post.

Robert Kiyosaki’s 2010 predictions

Robert Kiyosaki

Speaking from a business and financial platform, not a spiritual one,  Robert Kiyosaki also has predicted a money collapse in Rich Dad’s Prophecy: Why The Biggest Stock Market Crash in History is Still Coming… which is worth reading, if you haven’t already.  His recent article in Yahoo entitled “2010:The Best of times or the Worst?” makes the following predictions (this is a brief summary for those who lack time to read the full article):

• housing market predictions 2010, 2011 (he gives a handy graph which shows that in September 2008, the mortgage resets hit $35 billion that month, the exact time the financial crisis hit.  2009 was the “eye in the storm” and 2010, the graph shows, will be when the financial hurricane comes back to bite) and , he says, “The storm will not end until 2012… The first half of the storm was primarily due to subprime defaults. The second half of the storm will hit more solid homeowners.” So, according to him, real estate will crash again
• Prediction #2: Gold, silver, and oil will continue to be safe investments in 2010.
• Prediction #3: The next market to crash will be commercial real estate.

Other points of concern and predictions Kiyosaki draws out are:

• the Chinese boom will eventually go bust…but he’s not sure if it will happen this year
• “Fed Chairman Ben Bernanke is replacing toxic debt with new debt.. Taxes will kill anyone working for a paycheck.”
• “The U.S. dollar will grow weaker. If the dollar strengthens, we will have more unemployment because our goods become too expensive and we will export less”.
• The U.S deficit will increase
• Israel “may” attack Iran.   If there is an attack, obviously oil prices will go through the roof.
• The stock market rally enjoyed at the time of Kiyosaki’s article “will probably turn into a dead cat bounce. If the Dow drops below 6500, 5,000 may be the next stop.”

Kiyosaki tells his online subscribers to his new book Conspiracy of the Rich: The 8 New Rules of Money that he thinks “interest rates will remain low for a few more years…take your time.  Do not let the fear of missing out suck you into a bad investment.  Decide which real estate business you want to be in-residential,warehouses,fast foods, or cemeteries?“  And that one should start to build relationships with people in a similar business.  Good advice indeed.

Related Reading:

Rich Dad’s Conspiracy of the Rich: The 8 New Rules of Money

Australian Readers click here

Rich Dad’s Prophecy: Why The Biggest Stock Market Crash in History is Still Coming…and How You Can Prepare Yourself and Profit From It!

Australian Readers: get Rich Dad’s Prophecy here

America’s Last Call by David Wilkerson.

John Reason,
Salesman, teacher, article writer, Internet Marketer.
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The above article and the Kiyosaki article in Yahoo! Finance are provided for information only and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security.

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