Over the past few years we have seen a steady stream of warnings concerning a coming collapse of the American economy. Today, we see those warnings greatly increasing. Not without significance, is the fact that America’s rebellion against God is also reaching a crescendo at the same time.
We know that all the nations are in rebellion and that rebellion will climax in the soon coming tribulation period. Our world is facing the judgment of God for rebellion against Him. “Because they regard not the works of the LORD, nor the operation of his hands, he shall destroy them, and not build them up.” (Psalm28:5)
I am thinking particularly about America because America is the most significant nation in our world today. America has known more of the blessing of God than any other gentile nation in all of history. Even Israel did not have the full orbed gospel message as America has had. America has rejected God and His Word. The rejection has been a long process.
An entire generation has been indoctrinated by an anti-God school system. They have been taught that there is no God and that the world was not created by God, but rather, the world just came into being by an evolutionary process.
A generation has been taught to reject God and His Word and that it is okay and convenient to murder 60 million babies in their mother’s womb. But God will not be mocked, “And he said, What hast thou done? the voice of thy brother's blood crieth unto me from the ground.” (Genesis 4:10)
A generation has been taught to accept homosexuality. Political correctness means that we accept what men and women think instead of what the Word God says. The president of the U.S. has recently signed a bill that legitimizes homosexuality in the American military. The bill will require intensive indoctrination of entire military leading to the acceptance of homosexuality.
The bill means that America officially sees homosexuality as acceptable. The scriptures indicate that the limits of God’s patience are crossed when a nation gives itself over to homosexuality, as in the case of Sodom.
God’s Word says that His plan for mankind is marriage and the family. A whole generation has worked at destroying marriage and the family, God says it, and we don’t want it.
Violence is now permeating our society; Hollywood and the entertainment industry have fed off violence and promoted it. Violence now fills the land, from the TV set to the internet and the theatres and in our schools and streets.
We have now entered into a new phase in our decline, one in which Christ and Christianity is under increasing attack.
Materialism seems to have been the most significant vehicle used to turn the hearts and minds of men and women away from God. Money, things and pleasure have overwhelmed our generation. Our Lord said, “The love of money is the root of all evil.” It seems significant to me that the judgment of God on America seems about to begin with an economic collapse.
The capstone of the reasons for the judgment of God on America; is the fact that America has betrayed Israel. God has promised to bless those who bless Israel and he has promised to curse those who curse Israel. America’s recent betrayal of Israel has placed Israel in a situation where they could potentially be destroyed, though we know God’s purposes for Israel will not be hindered.
I want to share with you, not my own thoughts at this point, but the facts and opinions of men who do not make any profession of faith in Christ.
There has been for the last few years a steady stream of warnings of a coming economic collapse in America. The following are some quotes from Porter Stanbury, of Stanbury Associates Investment Research. “A specific event will take place in America’s very near future, an event which could actually bring our country and our way of life to a grinding halt.” He continues, “The looming crisis is related to the financial crisis of 2008, but is infinitely more dangerous. As the problem comes to a head, I expect there to be riots in the streets, and arrests on unprecedented scale and martial law, enforced by the military.” He continues, “The next phase in this crisis will threaten our way of very life.” He concludes, “In short, I believe that Americans are about to see a major, major collapse in our national monetary system, and in our normal way of life,” He goes on to state that this collapse will happen in 2011, and he proceeds to gives facts and reasons why he believes this will be the case.
The American government has borrowed so much money in recent years; that it soon will be unable to pay the interest on these loans. We are told that if every American were taxed at 100% of his or her income, it would not be enough to balance the federal budget! The government would still have to borrow money.
The fact is that the American Government, in order to stave off this financial collapse, has been, since March 2009, printing trillions of dollars to pay the interest on the debt. It is called quantative easing. The impact of this is just beginning to be felt. Today those countries that are holding billions of US dollars as a reserve; are now beginning to realize that the printing of trillions of US dollars is deflating the value of their reserve dollars. In response to this situation, those countries are turning to other currencies to place their reserves in. The further consequence, is that the US dollar is about to lose it status as the world’s reserve currency. Porter Stanbury has stated, “When the US dollar loses its’ status as the world’s reserve currency, it will cause a brutal down turn in the economy, which will be 10 times worse than the mortgage crisis of 2008.” He also states that this will be accompanied by massive inflation, the likes of which we have never seen before.
There are signs that this process is even now underway.
Bill Gross, who runs the biggest bond fund in the world, has been quoted by Bloomberg as saying, “We’ve told all of our clients that if you had one idea, one investment, it would be to an investment in non-dollar currency.”
Jim Rodgers, one of the world’s most successful multi-millionaire investors writes, “The dollar is not just in decline it’s a mess. If something isn’t done soon, I believe the dollar could lose its status as the world’s reserve currency and medium of exchange, something that would lead to a huge decline in the standard of living for US citizens like nothing we’ve seen in nearly a century.” He goes on to state, “History teaches that such imprudent monetary and fiscal behaviour has always led to economic disaster.”
The World Bank has already stated that it is searching for an alternative world reserve currency.
Brazilian economist; Ricardo C. Amaral recently wrote, “The US dollar has served its purpose since the end of WW11... but the US dollar has reached the end of the line, today it is very sick and is dying a slow death.” He went on to say, “It is not a matter of ‘if’, it is simply a matter of ‘when.’”
Other warning signs are as follows:
* Nearly 43 million Americans are on food stamps.
* In a dozen or more cities across the nation, there are shanty towns growing up where hundreds of people are living in modern day depression.
* 43% of American families are essentially broke, families that spend more than they make each year.
* Jobs are disappearing. In Long Island City, an estimated 2,000 people waited in line for as long as four days for 100 elevator mechanic jobs. In Massillon, Ohio, 700 people recently applied for a single janitorial job....paying $16 an hour.
* The Wall Street Journal reported: “Over the last year the stock market has followed a path eerily similar to 1937.
America has no place in end-time prophecy and is notable because of its absence. Today America is standing in the way of the fulfilment of the end-time scenario. America has been the world’s policeman, preventing nations from carrying out their part in prophetic events. The Arab nations have been restrained by America and the Russians have been restrained as well. The EU has a part to play in the peace process and appears to be waiting America’s removal from the scenario.
It seems that, prior to the whole end-time scenario’s moving forward that America must be neutralized. America, to me, seems to be like a finger in the dike, delaying the flood to come.
I believe, this is the reason the judgment of God on America will precede His judgment on the other nations. It seems to me, that judgment of God will fall on America prior to, or at the start of the tribulation period. I believe It may occur prior to the rapture or perhaps shortly thereafter.
What will 2011 bring? We do not know for certain, however it appears that the pace of end time events are quickening. The stage continues to be set. Our Lord’s soon coming is looming nearer and nearer, it has moved from the far horizon to the near horizon. Maranatha!