CN Morning Rundown: Experts Warn of Epic Stock Market Crash That Could Wipe Out Trillions

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Experts Warn of Epic Stock Market Crash That Could Wipe Out Trillions

What would our country look like if an epic market crash suddenly wiped out 35 trillion dollars in financial wealth? You may not want to think about something so horrible but we are being warned that it could soon happen.

Stock prices have been falling for three weeks in a row and last week was the worst week for U.S. stocks in a really, really long time. The S&P 500 is now down more than 8 percent from the peak of the market, and the tech-heavy Nasdaq is already in correction territory. At this point, the Nasdaq is off to its worst beginning to a year in decades and many are extremely concerned about what is coming next.

In fact, Bank of America is warning that all hell breaks loose if the Nasdaq closes below 14,000.

Finnish Politician On Trial For Posting Bible Verse on Social Media

A Christian member of Parliament in Finland is on trial, fighting for freedom of speech and religion in court on Monday because she posted an image of a Bible passage to social media, which condemns homosexuality.

Päivi Räsänen has been under investigation since 2019 for her Bible verse post and is charged with three counts of hate speech against homosexuals.

Prosecutors said her comments violated the equality and dignity of homosexuals.

Why Is Theological Antisemitism Now at Home in the Presbyterian Church, USA?

In a recent statement published on the annual celebration of Dr. Martin Luther King Jr.’s life, Rev. Dr. J. Herbert Nelson II, stated clerk of the General Assembly of the Presbyterian Church (PCUSA), not only misrepresented and defamed Dr. King’s legacy, but he did so using some of the most vile antisemitic tropes singling out the Jewish people and Israel.

In his statement, Nelson wrote of King’s legacy and overcoming societal inequities in the U.S. and all over the world. Listing a broad range of social problems, Nelson then seamlessly pivoted into antisemitic lies, mentioning only Israel in a whole world of injustice:

The continued occupation in Palestine/Israel is 21st-century slavery and should be abolished immediately. Given the history of Jewish humble beginnings and persecution, there should be no ambiguity as to the ethical, moral and dehumanizing marginalization, and enslavement of other human beings. The United States of America must be a major influencer of calling this injustice both immoral and intolerable. I … hope that the Jewish community in the United States would influence the call to join the U.S. government in ending the immoral enslavement. {eoa}

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