“I will break the pride of your power” (Leviticus 26:19)
As I have been warning for years, the US has too much debt and this will have terrible consequences. Notice that others are more and more starting to realize this is dangerous:
US to cross the debt ceiling – End of the American dream?
January 6, 2011
America, the nation of spenders, has now incurred $14 trillion dollars of debt. The national debt level is presently 14 times larger than what it was 30 years back. The US federal government is literally drowning in an ocean of debt…At present, the US debt ceiling is set at $14,294 trillion and considering the borrowing rate of the US government, 2.63 million more dollars every minute, the ceiling will be reached very quickly. Within the last 3 years, the US government has already raised the debt ceiling six times as what it was 3 years back…
Financial experts are querying if the US economy would crash as the debt ceiling is reached by the US government. Well, this would certainly haunt the world financial markets. http://thenewsportalonline.com/us-to-cross-the-debt-ceiling-%E2%80%93-end-of-the-american-dream/117915/
If enough others start to realize how risky the US government is, interest rates will skyrocket, and the national debt will be greatly increased–beyond what has been happening in the past several years. This could be so bad that we could get to the point that if the US government took practically ALL THE INCOME OF ALL ITS PEOPLE it still would run a budget deficit. We are getting closer and closer to a scenario that could get there.
The USA has lived on borrowed money too long, and this will end in catastrophe according to Bible prophecy (cf. Habakkuk 2).
Prophecy moves forward–significant personal repentance is probably the only way out (as national repentance for the USA seems highly unlikely).
To learn more, please check out the following articles:
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?
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? This is a lengthy article with many prophecies that Barack Obama may end up fulfilling.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled by him?
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?