Dutch Debt

World Currencies


The people of the Netherlands apparently have their own potentially-serious debt problem according to page A13 of today’s Wall Street Journal:


ALMERE, The Netherlands—The most debt-burdened households in the euro zone aren’t in Portugal, Ireland or Greece. Spanish households…The title of most indebted goes to households in the Netherlands, and the main reason is the enormous mortgages that the Dutch—though frugal by reputation—take out.

While the Dutch government has been an enforcer of fiscal orthodoxy throughout the European debt crisis, seeking budget cuts from governments across the euro zone, household debt is a persistent worry for Dutch regulators…

The people of, at least a portion of, the Netherlands seem to have descended from the Israelite tribe of Zebulun (haven by the sea, Genesis 49:13).

Notice a warning in Isaiah 30:12-13 to the descendants of Israel:

12 Therefore thus says the Holy One of Israel:

“Because you despise this word, And trust in oppression and perversity, And rely on them,  13 Therefore this iniquity shall be to you Like a breach ready to fall, A bulge in a high wall, Whose breaking comes suddenly, in an instant.

The Netherlands, which legalized prostitution and drug use years ago, is no longer known for the taking strong stands consistent with biblical morality.

The Dutch used to understand scripture better and many did understand:

7 The rich rules over the poor, And the borrower is servant to the lender. (Proverbs 22:7)

But with non-biblical views of morality and debt prevalent in the world in general, and the Netherlands in particular, apparently quite a few Dutch no longer see it quite that way.

A article of possibly related interest may be:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo Southern Africans, and New Zealanders descendants of Joseph?  Who are the people of the Netherlands at least partially descended from?  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?

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