‘Is This Administration Actually TRYING to Accelerate the Economic Collapse of the United States?’

COGwriter

Robert Wheeler reported the following:

Is This Administration Actually TRYING to Accelerate the Economic Collapse of the United States?

Joe’s recent equation adds up to an economic disaster

To be clear, it isn’t necessarily the numbers as much as it is the method. In other words, the Biden Administration is not considering credit stimulus but a mix of buying bonds, borrowing, and printing. Combined with the plan to spend drastic amounts, this is a recipe for economic disaster.

The White House is digging in its heels defending President Biden’s $4 trillion spending plan. Meanwhile, JP Morgan Chase CEO Jamie Dimon warns that this unprecedented amount of stimulus could lead to runaway inflation.

When testifying before the Senate Banking Committee, Dimon raised his concerns over the future inflation.

U.S. debt, already at record-high levels, set to hit $30 trillion

CBS News Reported:

The Congressional Budget Office projects the federal debt will exceed the economy’s size by the end of the year and will balloon to 202% of gross domestic product over the next 30 years. And that’s their outlook without factoring in President Joe Biden’s $1.9 trillion COVID-19 relief package, which is making its way through the Senate this week.

According to the nonpartisan office, by the end of this year, the federal debt will be 102% of GDP, a proportion that will nearly double by 2051. The CBO warns this increases the risk of a fiscal crisis and higher inflation moving forward.

According to the report by CBS the pandemic triggered the deepest economic downturn since World War II:

The White House and congressional Democrats warn the United States is far from out of the woods in its efforts to contain the coronavirus pandemic and revitalize the economy. On Thursday, the Labor Department weekly report showed more than 1.1 million people last week filed for first-time unemployment benefits, including Pandemic Unemployment Assistance. More than 18 million people remain on some form of unemployment benefits.

Congress has already approved around $6 trillion in COVID relief, including $4 trillion under President Trump. 

Biden’s “Build Back Better” agenda includes a $2.3 trillion American Jobs Plan and a $1.8 trillion American Families Plan. All of these measures would reshape the social safety net and allegedly address the nation’s crumbling infrastructure.

Anyone not working in government or academia is now aware inflation is currently taking place across the U.S., not threatening to appear in the future. Essential and nonessential commodities are steadily rising, and that includes food and energy. (None of this is news to the poor, working, and middle classes.)

It appears the Biden Administration’s main task is to accelerate the collapse of the United States, with Academia, as is typical, acting as its gatekeeper. 05/29/21 https://www.theorganicprepper.com/is-this-administration-actually-trying-to-accelerate-the-economic-collapse-of-the-united-states/

Now, do I believe that the Biden-Harris Administration is knowingly and intentionally attempting to accelerate the economic collapse of the USA?

No.

Do I believe, however, because of various goals that the Biden-Harris Administration has that they will be factors in the economic collapse of the USA?

Yes, most certainly.

Many in the Biden-Harris Administration believe that massive government interventions and controls of the economy need to be done. And proposals to do so have been put forth.

Notice for example the following report:

Joe Biden, his administration, and congressional Democrats are seeking to pass a radical “climate change” bill — disguised as an “infrastructure” bill — that would codify the Paris climate agreement and the Great Reset.

On March 31, 2021, the Biden White House unveiled its so-called American Jobs Plan. This plan is estimated to spend about $2.5 trillion and would raise an estimated $2.75 trillion through record tax increases. While advertised as an “infrastructure” plan, only five percent of the funds would actually go to roads and bridges, and even if one uses a generous definition of “infrastructure,” only 25 percent of the plan would fund such projects.

Where will the remaining 75 percent of the funds go? They will be used to advance a far-left environmental-Marxist agenda that would codify the Paris climate agreement and the Great Reset into U.S. federal law. …

First, the plan calls for “100 percent carbon-free electricity by 2035” and “net-zero emissions by 2050.” The plan’s provisions are all designed to meet these goals; to achieve this, a radical government-mandated restructuring of the American economy would occur. …

Among other provisions, the plan would spend $10 billion to create a “Civilian Climate Corps,” which would implement the Biden administration’s climate projects, and $35 billion for climate change “research.” …

Biden’s plan is consistent with the Great Reset’s goal of mass urbanization and driving individuals out of rural or low-density areas, along with his “30 by 30” federal land grab.

Implementing high-density housing goes hand-in-hand with implementing mass-transit programs. …

As Charles Scaliger points out in The New American magazine, not only are these provisions enormously expensive, but they have absolutely no legal basis under the U.S. Constitution. Under the 10th Amendment, all of these areas are reserved to the states. 05/26/21 https://thenewamerican.com/biden-infrastructure-plan-would-implement-great-reset/

Ignoring social considerations of the above, many financial proposals of the Biden-Harris Administration will increase debt.

Notice something about that from my book Biden-Harris: Prophecies and Destruction:

I can state with biblical assurance that the time that the Bible calls the “Great Tribulation” (Matthew 24:21) will NOT begin until sometime after the first presidential term of Joe Biden ends.

However, the end of the 6,000 years God has granted humanity to rule itself will likely be over within the next decade or so (some details are in Chapter 10 and a more a detailed discussion of this is in an article at the website www.cogwriter.com). Thus, simply by the virtue of timing, Joe Biden is destined to take steps that ultimately will aid in the fulfillment of end-time biblical prophecies. Furthermore, several of the stated policies for the Biden-Harris Administration have biblical ramifications.

For example, as president, Joe Biden will have to deal with the fact that the U.S.A. is the most indebted nation in the history of humanity. Plus, he has pledged increasing it further (The Biden Emergency Action Plan to Save the Economy. JoeBiden.com, accessed 12/16/20).

Debt is a prophesied problem (cf. Habakkuk 2:6-8). But many in the media as well as politically-inclined economists do not see it that way—but that is too short sighted (cf. Ecclesiastes 8:11).

The time will come when the U.S.A. government will no longer be able to borrow at low interest rates and/or it will create more money electronically and/or via the printing press to try to continue.

Make no mistake about it — massive inflation is coming.

The U.S.A. dollar will ultimately crash and be worthless. That “pride” of American power will be broken (cf. Leviticus 26:19).

A Biden-Harris Administration has asserted it will take debt raising steps. …

The U.S.A. has greatly increased its debts this century.

The Bible warns that debt, and having to borrow from foreigners, is a curse that would hit those who received various biblical blessings as they became more disobedient (Deuteronomy 28:15,43-46).

Official US debt nearly doubled under the Obama-Biden Administration. It also increased by about $8 trillion in the four years of the Trump-Pence Administration.

This is dangerous.

Yet, the Biden-Harris team intends to increase the debt much further:

Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality. … All are outspoken supporters of more government stimulus spending to boost growth (Rugaber C, Madhani A. Biden names liberal econ team as pandemic threatens workers. AP, December 1, 2020)

Joe Biden and his transition team are preparing for an early, all-out push to pass an ambitious new stimulus bill, … the passage of a broad economic aid package and, where legislation is not necessary, a series of executive actions aimed at advancing his priorities (Krieg G, et al. Biden readies major stimulus push and flurry of executive actions in first 100 days. CNN, December 1, 2020).

Joe Biden announced on January 8, 2021 that he and his team are working on putting a stimulus package quickly—and that it will be costly.

Joe Biden said Friday he is assembling a multitrillion-dollar relief package … “The price tag will be high,” he said … “in the trillions of dollars.” (Stein J, et al. Biden assembling new stimulus plan with checks, unemployment aid. Washington Post, January 8, 2021 )

Such “relief” packages increase debt. The U.S.A. is walking a dangerous line on its debt that will not end well.

Let us also consider that there is a prophecy in Habakkuk, written about 2600 years ago, about debt which is preceded by the following:

2 Then the Lord answered me and said:

Write the vision And make it plain on tablets, That he may run who reads it. (Habakkuk 2:2)

The Bible says that the ‘debt prophecy’ to be revealed later in Habakkuk 2 is so significant that those who read it should run—essentially that they should take steps because the results will be horrific. Joe Biden and many other American politicians have not run away from increasing U.S.A. debt—that will be to the nation’s peril.

The Bible warns about something that will happen to a heavily indebted nation. Notice what the Hebrew seer Habakkuk wrote over 2,600 years ago:

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 … 5 Indeed, because he transgresses by wine, He is a proud man … 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 2:2-3,6–8).

Notice that what is to happen is so bad, that people who read the prophecy should run, when it is time for it to be fulfilled. Since that prophecy is to be fulfilled at the appointed time of the end, it is still for the future, but perhaps not too far distant in the future. No nation has ever been in as much total debt as the U.S.A.

The “U.S. is highly vulnerable to loss of confidence by foreign creditors” (Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016). U.S. government debt is “extremely vulnerable to foreign attack because of the high percentage of foreign ownership — almost 40% of the market” (Ibid).

Interestingly, in the past, one foreign creditor, China, has raised concerns about the U.S. debt that are so serious, that its potential dumping of that debt has been called China’s “nuclear option” (Gertz B,  China Debt Threat.  Washington Times, March 2, 2011) against the U.S.A.—an option that involves no military intervention, but that could greatly harm the U.S.A.

Others have been concerned that Russia will perhaps encourage something like this when the timing is right. European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the U.S. dollar from its position as the world’s primary reserve currency.

Those in Iran and some of the Arab lands, along with nations such as Brazil and India have discussed plans for the removal of the dominance of the U.S.A. in global trade as well. The former President of Brazil, Lula, even claimed that eliminating the U.S. dollar’s reserve currency status was one of the reasons that the BRICS alliance (Brazil, Russia, India, China, and South Africa) was formed (Escobar P. BRICS was created as a tool of attack: Lula. Asia Times, August 28, 2019)/

The Bible clearly warns against cheapening the money supply and encourages having money hold its value (Proverbs 25:4 Isaiah 1:25, Ezekiel 22:18-22). Yet policies enacted under the Obama and Trump Administrations, following certain other administrations, have ignored these warnings.

No nation in the history of humankind has ever accumulated as much debt as the United States of America (because the U.K. may have close to the highest amount of per capita debt (onway E.  Britain showing signs of heading towards 1930s-style depression, says Bank.  Telegraph, March 16, 2009), its fate would be similar). Destruction is coming.

However, the relationship between debt accumulation and prophesied destruction remains unapparent to many. Because there is a time lag, many ignore that there will be real consequences (cf. Ecclesiastes 8:11; Habakkuk 2:3,6-8). Yet, these increases of debt are utterly dangerous.

When the time comes when the Federal Reserve is no longer able to keep interest rates artificially low, the U.S.A. will continue past the point of no return. That will become one of the final factors that will cause creditors to rise up and destroy the U.S.A.

The Economy

While pushing biblically immoral ideas is bad for the economy, it should be noted that economies vary. A modern reality is that being the world’s de facto reserve currency has helped prolong the U.S.A.’s dominance.

When the U.S. dollar is no longer the world’s reserve currency, this will hurt the U.S.A. financially. Increasing debt, including “quantitative easing,” is a form of dishonest profits that is not something that God approves of and will punish the U.S.A. for (cf. Ezekiel 22:13-16).

Inflation will eventually hit the U.S.A. extremely hard. As the world becomes less attached to the American dollar, many financial jobs and opportunities will be in places other than the U.S.A. Eventually, but not yet, the U.S.A. dollar will become worthless (worth no more than the scrap or sentimental value of the cotton-paper it is printed on).

Will it always be straight downhill for the economy of the U.S.A.?

No.

There are some reasons to have some temporary optimism. The longer there is some economic stagnation in parts of the economy that governmental COVID-19 policies contributed to, the more demand tends to build up, and an increase in demand may prolong the economy. In addition, technological and other developments may temporarily support the U.S. economy—as can reductions of regulatory burdens.

Some policies of the Biden-Harris Administration may help. Others see problems. The Biden-Harris team looks to increase various regulations and impact some industries negatively (such as the fossil fuel industry). Various ones see their proposed policies and cabinet selections as a refreshing change that they hope will fuel economic growth and shared prosperity.

Notice what was told to a king whose was prophesied to lose his kingdom:

27 Therefore, O king, let my advice be acceptable to you; break off your sins by being righteous, and your iniquities by showing mercy to the poor. Perhaps there may be a lengthening of your prosperity. (cf. Daniel 4:27)

Repentance can prolong prosperity, but promotion of sin leads to destruction. But, it is not expected that Joe Biden or Kamala Harris will push for scriptural national repentance.

And no, the Biden-Harris Administration has not been pushing for national repentance, but instead promoting anti-biblical positions (e.g. Joe Biden issues proclamation for ‘Trans Visibility Day’).

Related to some of its pushing towards moral decline we put out the following video:

11:38

USA pushing (im)’moral leadership’?

he Biden-Harris Administration has issues memorandums in order to provide funding and other support for abortions and the LGBTQI+ agenda in the USA and around the world. This funding will also increase USA debt–this is in addition to something that Kamala Harris also did when she voted to add an additional $1.9 trillion in debt. The Biden-Harris Administration wants to punish foreign nations not onboard with its LGBTQI+ policies. Joe Biden said his Administration was doing this to help repair the USA’s “moral leadership” internationally. Is this promotion of immoral sins going to lead to destruction of the USA, perhaps by 2028? Can the strongest military in the world be taken over? Is the USA prophesied to repent or be take over if it does not repent? Dr. Thiel covers these topics and reveals biblical answers to these questions.

Here is a link to our video: USA pushing (im)’moral leadership’?

The Bible warns:

20 Woe to those who call evil good, and good evil; Who put darkness for light, and light for darkness; Who put bitter for sweet, and sweet for bitter! 21 Woe to those who are wise in their own eyes, And prudent in their own sight! (Isaiah 5:20-21)

1 Cry aloud, spare not; Lift up your voice like a trumpet; Tell My people their transgression, And the house of Jacob their sins. (Isaiah 58:1)

More and more people do not want to hear the truths related to the law of God or prophecies from His word.

Despite Joe Biden’s words about unifying the nation and having equality for all, he and Kamala Harris want the USA in their own image: Fiercely pro-abortion, radically pro-LGBTQ+, dangerously pro-alien, pushing racial discrimination, increasing debt, and anti-true freedom of religion.

Regarding the end times, Jesus warned:

12 And because lawlessness will abound, the love of many will grow cold. (Matthew 24:12)

Yes, lawlessness and hypocrisy is abounding without real love.

This will not end well.

The USA needs repentance and I do not believe it will last until 2028.

Some items of related interest may include the following:

Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2028 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
Might the U.S.A. Be Gone by 2028? Are there prophetic reasons to believe that the USA will not last two complete presidential terms? Yes. There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028?
Dating: A Key to Success in Marriage, a practical dating guide for Christians This is a scripture-filled dating guide. It discusses many aspects of dating, as well as who to not consider for marriage. Two related sermons are available: The Art of Christian Dating. and No One to Date? Teen Q&A? Engagement? 2nd Marriage? A short animation is also available: First Date: Worldly vs. Christian.
Love, Marriage, and Sex It is important to get them in the right order.
God Created Marriage Some falsely claim that God did not create marriage and that fornication is fine. What does the Bible really teach? Here is a version in Mandarin Chinese y^R ZZYû.
Making Your Marriage Work Marriage is not always easy, but it pictures a divine relationship. How can you make your marriage work? Here is a link to the video sermon: You Can Make YOUR Marriage Work.
Canadian censoring of the Bible In 2017, Lauri Skori of the Battle River School board told a religious school in Alberta, Canada that it could not teach/read certain portions of the Bible. In 2002, a court in Canada ruled against one who referred to certain scriptures that some homosexuals objected to. In 2017, there was “An Act to Amend the Canadian Human Rights Act and Criminal Code” related to those who wish to be considered transgendered. Government officials in Canada and elsewhere have been ruling against the Bible. Is any of this prophesied? Will this get worse? What was the prophet Amos inspired to write? This is a video.
The Bible Condemns Homosexuality “Same-sex marriage” for “gays” and lesbians is becoming more acceptable to many. What does the Bible teach about homosexuality and the LGBTQ agenda? Can homosexuals change? A related video sermon is titled: What Does the Bible Really Teach about Homosexuality? A short video is available titled: Gay Gene? Born That Way?
Cross-dressing and other assaults against your children. What should you do? Is there an agenda to turn your children and/or grandchildren away from biblical morality and towards practices promoted by homosexuals? What does the Bible teach about cross-dressing? What should parents do? If there is an agenda, what has been going on? There are also three YouTube videos related to this, titled Transgender ‘Woe to those who call evil good’ and Cross dressing and Other Assaults Against Your Children and USA pushing gender confusion.

Christian Repentance Do you know what repentance is? Is it really necessary for salvation? A related sermon is also available titled: Real Christian Repentance.
Should the Church Still Try to Place its Top Priority on Proclaiming the Gospel or Did Herbert W. Armstrong Change that Priority for the Work? Some say the Church should mainly feed the flock now as that is what Herbert W. Armstrong reportedly said. Is that what he said? Is that what the Bible says? What did Paul and Herbert W. Armstrong expect from lower level leaders? A related sermon is available titled Priority of the Philadelphia Work.
Persecutions by Church and State This article documents some that have occurred against those associated with the COGs and some prophesied to occur. Will those with the cross be the persecutors or the persecuted–this article has the shocking answer. There is also a YouTube video sermon you can watch: The Coming Persecution of the Church. Here is information in the Spanish language: Persecuciones de la Iglesia y el Estado.
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to three related sermons: The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. A related sermon is titled: Do these 7 prophesies point to the end of the USA?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? 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? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Canada in Prophecy: What Does Bible Prophecy, Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future. A sermon of related interest is also available: Canada in Prophecy.
Australia and New Zealand in Prophecy Do biblical prophecies help explain the wealth blessings for Australia and New Zealand? Might cursings from disobedience come in the 21st century? Here is a link to a related sermon: Australia and New Zealand: Origins and Prophecy.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
The Great Tribulation: What Happens First? What events have happened? What are some events that are now happening? And what events need to happen for the Great Tribulation to start? Here is a link to a related sermon video: Counting Down to the Great Tribulation.
When Will the Great Tribulation Begin? 2021, 2022, or 2023? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: 2021: The Great Tribulation or the Great Reset?



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