Another Predicts (Financial) Armageddon
“Orthodox” 16th Century Representation of the “Apocalypse”
More and more financial types in the USA are realizing some of the seriousness of the debt situation:
Armageddon
Money and Markets – Feb 22, 2010 excerpt…If you thought Wall Street’s debt crisis was traumatic, wait till you the see the consequences of Washington’s debt crisis!
Never before in history has a world power like the U.S. been so utterly buried in debt! And never before has that debt been financed so massively by foreign investors!
Nineteenth century Mexico, Spain, and Argentina accumulated so much debt, they were forced to default.
In the 20th century, a similar fate befell Germany (1932) … China (1939) … Turkey (1978) … Mexico again in 1982 … Brazil and the Philippines (1983) … South Africa in 1985 … plus Russia and Pakistan in 1998.
Argentina kicked off the 21st century with a default in 2001. And barring a euro zone rescue, Greece, Spain, and Portugal are prime candidates for debt defaults this year.
But in NONE of these examples did we — or do we — see the debt crisis striking a dominant world power! In ALL cases, the debts represent little more than a small fraction of the total debts outstanding worldwide.
Not so in our case today!
In the entire world, the United States government and its agencies have, by far, the largest pile-up of interest-bearing debts ($15.6 trillion), the largest accumulation of unsecured obligations (over $60 trillion), the largest yearly deficit ($1.6 trillion), and the greatest indebtedness to the rest of the world ($4.8 trillion).
In proportion to the size of its economy, one important country, Japan, does have more debt than the U.S. But unlike Washington’s debts, nearly all of Japan’s are financed by its own citizens — loyal, long-term savers who are far less likely to pull out in a storm.
Who will bail out America?
Not you, not me, and not 300 million Americans! Not China, not Japan, nor all the powers on Earth put together! They’re simply not big enough. They don’t have the money.
Yet, despite the utter gravity of our plight, nothing is being done to change our course.
The Consequences of This Complacency Are Catastrophe…
Full article at: http://www.moneyandmarkets.com/armageddon-10-37926
What they do not know, but regular readers of the COGwriter page do, is that this was predicted in Bible prophecy:
3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…
6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases
What is not his—how long?
And to him who loads himself with many pledges’?
7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you…” (Habakkuk 2:3,6–8).
And the results of the debt will be worse than most of the financial types have realized.
Some items of possibly related interest may include:
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This also has YouTube videos related to 2012. The book has a chapter titled Barack Obama, the Future Islamic King of the South, and the End of America.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests? This is the longest and most complete article on this page on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”, based up an early 20th century writing.
