Foreigners dump US Treasuries: ‘you ain’t seen nothing yet!’

Handwriting on the Wall (Rembrandt)


A reader sent me a link to the following about a report released by the US Treasury yesterday:

Did you hear the news out of the Treasury Department…? It was an absolute disaster for the bond market — and for good reason:

Foreign holders dumped a whopping $40.8 billion in long-term Treasuries, the biggest exodus from bonds in the history of the U.S. Worse, June was actually the third month of mass dumping in the past four, for a total of $79 billion. China, the biggest holder of our bonds, unloaded $21.5 billion, while Japan, the second-largest holder, dumped $20.3 billion.

It wasn’t just government bonds, either. Foreigners dumped $116 million of bonds made up of packaged U.S. mortgages. They sold $5.2 billion of Fannie Mae, Freddie Mac and Ginnie Mae bonds, and $5 billion in corporate bonds. And they unloaded $26.8 billion of U.S. stocks.

The time will come when foreigners will flee the US dollar by attempting to get rid of much, much, greater amounts.  To use the vernacular, “you ain’t seen nothing yet!”  I will get much worse and the Bible shows that this will essentially be a sign that the time of the USA is over and that it (and its Anglo-allies) will be taken over (Habakkuk 2:6-8).

In the mail a while back, I recently received an unsolicited infomercial booklet written by Dr. Martin Weiss titled American Apocalypse. Here is some of what it said (bolding mine):

What is the the historic, life-changing, world-changing event that is also about to vaporize massive amounts of wealth and potentially threaten our liberties right here in the United States of America?

It’s the singular moment in time when the last investor willing to loan money to the government calls it quits.

It’s when the government can no longer borrow and simply runs out of money…I’m talking about a sudden, rejection of U.S. debt by the world’s investors

Hunger and homelessness explode…riots…crime skyrockets…cities burn…

Still find this hard to believe? Then consider these ten former heads of the Council of Economic Advisors…these ten former White House advisors are warning that this next debt crisis could dwarf the last one.  Why? What could cause that?…:The fact that one day foreigners may simply stop lending money to the United States

I’m under no delusion here. I know that the vast majority of Americans will fail to heed this warning and fail to get ready for this crisis. (Weiss MD. American Apocalypse. Weiss Research, April 2012, pp. 30, 36, 37, 38, 42)

In the mail, I also recently received an unsolicited infomercial booklet written by Michael Lombardi titled Critical Warning Number Six. Here is some of what it said:

Today, 70% of world central banks have adopted the U.S. dollar as their official reserve currency. As the value of the greenback erodes under a mountain of debt and coming rapid inflation, courtesy of too many dollars in the financial system (thank you, Federal Reserve), foreigners will be dumping dollars and moving away from a system where the greenback is the official reserve currency. (Lombardi M. Critical Warning Number Six. Lombardi’s Crisis Profit Alert, 2012, p. 11)

While neither Dr. Weiss nor Michael Lombardi referred to the biblical Book of Habakkuk in their booklets, notice what some scriptures in it state (bolding mine):

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, Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:6-8)

While I do not know when Dr. Weiss or Michael Lombardi originally wrote what is quoted here (their booklets have 2011 and/or 2012 dates), respectively), I remember when the applicability of Habakkuk 2 to the USA occurred to me. It was in Guatemala in August of 2006. And since that time I started writing about it at COGwriter: originally in my article Anglo – America in Prophecy & the Lost Tribes of Israel , then with numerous posts in 2007 (such as Ron Weinland’s 2008 Predictions Are Wrong, China Has Major US Dollar Reserves That It Can Cash In, USA: Weather and Financial Problems, and IMF Warns of Possible Dollar Collapse) and later, and of course, this was covered extensively in my 2009 book 2012 and the Rise of the Secret Sect.

In my view, we are seeing preludes to the proverbial “Handwriting on the Wall” of Daniel Chapter 5.

Thousands of years ago, the Prophet Daniel was asked to interpret some handwriting that was written on a wall by only a hand that the king of the area personally witnessed (which is why he ultimately called Daniel to see it). The moral trend in that kingdom was not good according to Daniel (Daniel 5:22-23). After stating that, here is the interpretation that the prophet Daniel gave of that handwriting on the wall:

24 Then the fingers of the hand were sent from Him, and this writing was written.

25 “And this is the inscription that was written:


26 This is the interpretation of each word. Mene: God has numbered your kingdom, and finished it; 27 Tekel: You have been weighed in the balances, and found wanting; 28 Peres: Your kingdom has been divided, and given to the Medes and Persians.” (Daniel 5:24-28)

That kingdom was taken over that very night (Daniel 5:30-31).  But the USA is not quite there yet (it still has years, though not as many as some hope).

Now, let us look at the words from the wall and apply them to the United States.

  1. Mene: Your days as being on the top of the world order are numbered.
  2. Mene: Despite signs of your decline, instead of repenting, you seem to be taking steps to speed it up–you are soon to be finished.
  3. Tekel: Your morality and “conscience” have been weighed in the balances, and found wanting.
  4. Peres/Upharsin: Your nation will be divided by the final Beast, the King of the North (Daniel 11:39), and he will make your people slaves as your nation will be finished.

As I have written many times, I doubt that the USA will have national repentance, so it is on the way to destruction. A lot of what has come out of the White House, Congress, and pundits have not been real solutions to the problems that the USA is facing. But that does not preclude individual repentance.

Turning to God is the only answer. And this is something you can do –whether you are American or not. Even a report from the Congressional Budget Office warned that the USA is risking a “sudden fiscal crisis” that could have devastating consequences (see CBO Warns of ‘Sudden’ Debt Crisis), and according to the Bible, the consequences will be even worse than the CBO imagined.

Nations rise and fall.

Secular sources are more and more starting to realize that the end of USA dollar domination is going to occur and foreigners are getting concerned. This will have major ramifications for the USA, as well as its Anglo-allies.

Can you see the handwriting on the wall?

Some articles of possibly related interest may include:

Will the Anglo-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?
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.
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?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
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?
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. 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 for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.
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? 2021 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?
When Will the Great Tribulation Begin? 2013, 2014, or 2015? 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 comenzar la Gran Tribulación en 2013 o 2014? ¿Es el Tiempo de los Gentiles? You can also see the English language video The Great Tribulation Will Not Begin Before 2017.
What is the Meaning of Life? Who does God say is happy? What is your ultimate destiny? Do you really know? Does God actually have a plan for YOU personally? There is also a video titled What is the meaning of your life?
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
Do Christians Sin? This is an article by Herbert W. Armstrong.
Overcoming Sin What is sin? How are Christians suppose to overcome it? Here is also a link to a video titled How to Overcome Sin.
How to Prevent Sin This is an article by Herbert W. Armstrong.
Just What Do You Mean Conversion? Many think that they are converted Christians. But are they? Would you like to know more about conversion. Herbert W. Armstrong wrote this as a booklet on this important subject.
False Conversion Have you really been converted? Herbert W. Armstrong wrote this article on this important subject.
All About Water Baptism What is baptism? Would you like to know more about it. Herbert W. Armstrong wrote this as a booklet on this important subject. As far as early history, see also Baptism and the Early Church.
God’s Grace is For All Is being Jewish a hindrance to salvation? What about not being a descendant of Israel? What does the Bible really teach?

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