Moody’s: USA Risking Credit Downgrade

“I will break the pride of your power” (Leviticus 26:19)

Moody’s rating service is having serious concerns about the creditworthiness of the USA:

By Zachary A. Goldfarb, Updated: Thursday, June 2, 12:46 PM

The credit rating agency Moody’s warned Thursday that it is considering downgrading the United States’ credit rating as the odds increase that the government will default on its debt.

Moody’s said that even if Congress agrees to raise the $14.3 trillion debt ceiling, the country could face a downgrade if lawmakers don’t include a comprehensive package that meaningfully reduces the annual budget deficit. http://www.washingtonpost.com/business/economy/moodys-if-debt-deal-fails-us-risks-credit-downgrade/2011/06/02/AGKVsTHH_story.html

The USA has lived on borrowed money too long, and this will end in catastrophe according to Bible prophecy (cf. Habakkuk 2).

LCG evangelist Dr. D. Winnail wrote about the suddenness of what will happen:

Handwriting on the Wall! On July 4, the United States, currently the most powerful nation in the world, celebrated 234 years of independence. The following day, on Monday, July 5, British-born Harvard professor and economic historian Niall Ferguson opened the 2010 Aspen Ideas Festival with a stark warning that the American “empire” could suddenly collapse—possibly within the next two years—due to the country’s rising debt! (Winnail W. LCG World Ahead Weekly Update, July 8, 2010)

The U.S. and the British-descended peoples have enjoyed living off the resources of the world, but the prophet Habakkuk warns: “… Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. Because you have plundered many nations, all the remnant of the people shall plunder you” (Habakkuk 2:7–8). (Winnail D. Sudden Calamities Ahead! Tomorrows’ World, Volume 10, Issue 5. Sept-Oct, 2008)

Hebrew prophets also warned repeatedly that the future demise of God’s chosen Israelite peoples would come “suddenly” and unexpectedly (Isaiah 9:14–15; 29:5; 30:13; Jeremiah 6:26; 15:8). Modern financial analysts realize this could happen if the nations lending to America decide to dump the dollar and call their loans. The prophet Habakkuk’s warning to the ancient Babylonians, “Will not your creditors rise up suddenly?” (Habakkuk 2:7)—may also ring true for debt-plagued nations like America and its Israelite cousins. Prophetic scripture contains a sobering message: debt and disobedience lead to the demise of nations! (Winnail, D. Debt, Disobedience and Demise of Nations. Tomorrows’ World, Volume 12, Issue 2. March-April 2010, p. 27)

Prophecy moves forward–significant personal repentance is probably the only way out. National repentance for the USA seems highly unlikely as does seriously properly eliminating the debt.

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?
End of Mayan Calendar 2012–Might 2012 Mean Something? Are there Mayan calendar predictions for change in 2012? Changes were centuries ago predicted by the Hopi Native Americans. Do Mayan/Hindu/Hopi/Buddhist/New Age/Nostradamus prophecies have any value here? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012? How might Barack Obama be involved in 2012?
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This link also has YouTube videos. This book documents and explains hundreds of prophecies. And since it was published, world events have aligned with at least 14-15 predictions in the book and many more will to come to pass.
2012 y el surgimiento de la secta secreta 2012 libro del Dr. Thiel en Español.
2012 und das Auftreten der geheimen Sekte (German Edition) 2012 Buch von Dr. Thiel in deutscher Sprache.
2012 e o Surgimento da Seita Secreta (Portuguese Edition) 2012 livro do Dr. Thiel em Português. Este livro documenta e explica centenas de profecias. E desde que foi publicado pela primeira vez, pelo menos 14 já começaram a acontecer.