This week in the financial markets was a week that most financial firms would like to forget. Many of the long time institutions of the United states and wall street suddenly came to an end. How quickly in today’s world things can change. Once a proud economic giant, the USA is now drowning in debt.
Its interesting what the financial Times wrote about how quickly these events have taken place:
“In the space of a couple of hours, two once-proud Wall Street firms were history”
The Israelites (USA British Commonwealth, Scandinavia) have forsaken God. Now things are rapidly changing. The Bible says that because we have forsaken God, Curses will come upon our people. Curses that include an economic curse.
God says, “
The stranger that is within thee shall get up above thee very high; and thou shalt come down very low.
“He shall lend to thee, and thou shalt not lend to him: he shall be the head, and thou shalt be the tail.
“Moreover all these curses shall come upon thee, and shall pursue thee, and overtake thee, till thou be destroyed; because thou hearkenedst not unto the voice of the LORD thy God, to keep his commandments and his statutes which he commanded thee: (Deut 28:43-45) Notice God emphasizes the quickness of these curses that will come.
“The rich ruleth over the poor, and the borrower is servant to the lender.” Proverbs 22:4 The rich rules over the poor. This is not America! America has spent its way into the poor house drowning in trillions of dollars in debt, and CHINA is picking up the bill. China is rich, America is poor. China eventually will collect what is due to them,
“To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
“ Sheba, and Dedan, and the merchants of Tarshish, with all the young lions thereof, shall say unto thee, Art thou come to take a spoil? hast thou gathered thy company to take a prey? to carry away silver and gold, to take away cattle and goods, to take a great spoil?” (Exekiel 38:12-13). Silver and Gold was the economic system of ancient times, and in the modern times it’s what China will collect from America, when America goes completely Bankrupt. China has already shown that it “…uses its foreign exchange reserves for political purposes,” Kerry Brown, senior fellow with the Asia program at Chatham House in London, told the FT.Bejing Flexes its Financial Might
I have said for Years that the United States will go Bankrupt because of Its defiance to obey the Laws of God. Ezekiel says that
“The time is come, the day draweth near: let not the buyer rejoice, nor the seller mourn: for wrath is upon all the multitude thereof.
“For the seller shall not return to that which is sold, although they were yet alive: for the vision is touching the whole multitude thereof, which shall not return; neither shall any strengthen himself in the iniquity of his life.
“They have blown the trumpet, even to make all ready; but none goeth to the battle: for my wrath is upon all the multitude thereof. (7:12-14). Wars cost money, and the trumpet will sound but no one will go out to battle. A Bankrupt economy equals no army.
It is interesting how quickly these things happen, and how some of these authors in the financial institutions recognize this fact. God says when he acts, he acts quickly
“I have declared the former things from the beginning; and they went forth out of my mouth, and I showed them; I did them suddenly, and they came to pass.” Isaiah 48:3.
Yet God still pleads with Israel, “O Israel, thou hast destroyed thyself; but in me is thine help.” (Hosea 13:9). Will we yield to Almighty God? Let us pray that we do.
FT.com / In depth – A week that shook the system to its core
