USA to run out of money next month? Platinum coins seriously considered as an option?

Platinum USA $100 Coin

A new report suggests that the USA will run out of money next month:

If you thought part III of the U.S. fiscal crisis story was going to be released in March, your wait has been cut short by roughly two weeks. We don’t know how unlucky we are.

According to the Bipartisan Policy Center (BPC), a Washington think tank founded by former Republican and Democratic senators, the U.S. will run out of money to meet its obligations around Valentine’s Day.

Mid-afternoon Monday, the BPC released a report saying Washington reached its borrowing limits sooner than later and moved the so-called “X date” to as early as Feb. 15. http://www.forbes.com/sites/kenrapoza/2013/01/07/u-s-treasury-to-run-out-of-money-by-feb-15-study-says/

It is not money per se that the USA will run out of–it is that its government will hit its debt limit. And the sad reality is that the US government is NOT in a position to function unless it raises its debt limits. So, somehow it will raise its debts. And it plans to do so for many years.

Various options, such as playing games with retirement accounts, etc. have been proposed to bypass the latest debt ceiling limit. One of more the absurd “solutions” to this is to pretend that making one or more platinum coins can fix this:

US ‘seriously’ considering $1 trillion coin to pay off debt

The US is “seriously” considering creating a $1 trillion platinum coin to write down part of its debt to stop the world’s largest economy defaulting as early as next month, according to financial analyst Cullen Roche. http://www.telegraph.co.uk/finance/financialcrisis/9784898/US-seriously-considering-1-trillion-coin-to-pay-off-debt.html

So, the basic proposal is to change the denomination of a $100 coin (the coin shown at the beginning had a face currency value of up to $100 when it was made) to $1,000,000,000,000 and this will pretend to pay down the debt by a trillion dollars–this is a DISHONEST PROFIT. The reality is that the above and other games (“quantitative easing” comes to mind) may continue to “kick the can down the road” for a while, but not forever. The USA needs to produce more and spend less. Producing a coin containing about $2,000 of platinum does not produce a trillion dollars worth of goods/services. But some in the USA wants to pretend otherwise.

Now, the USA has been able to get away with its financial shenanigans better than many other nations for several reasons. But the major one is probably because the world still accepts the US dollar (for many reasons) as its reserve currency. Increasing debt, however, is increasing increased national investments in gold and currencies other than the US dollar for many countries. Some nations are trying to eliminate the U.S. dollar as the world’s reserve currency, and the United Nations has urged countries to do that. Yet most still use /have a lot of U.S. dollars.

However, when the U.S. dollar is no longer the de facto reserve currency for the world, this will hurt the U.S.A. financially.

Notice how Ezekiel’s writings confirm that those who made profits improper will be punished:

13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. (Ezekiel 22:13-15)

Borrowing money that will not be paid back, as well as pretending that less than $2000 worth of platinum is worth $1,000,000,000,000 is a “dishonest profit.” The American and British peoples have been living on debt and dishonest profits for the past several years–and the “solution” seems to be to continue to do so.

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, and not in Barack Obama’s second term, the U.S.A. dollar will become worthless.

At some point in time, the USA will likely start to experience massive inflation. And afterwards, its creditors will rise up (Habakkuk 2:7).

The Bible warns against the type of moral decline that is occurring in the U.S.A.:

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. (Isaiah 30:12-13)

But how can this happen to the USA? It will likely happen with a combination of events. Notice the following:

5 “Moreover the multitude of your foes Shall be like fine dust, And the multitude of the terrible ones Like chaff that passes away; Yes, it shall be in an instant, suddenly. 6 You will be punished by the Lord of hosts With thunder and earthquake and great noise, With storm and tempest And the flame of devouring fire. (Isaiah 29:5-6)

The debt situation of the USA is putting it at risk of being unable to recover should it be hit by weather problems, terrorist acts, war, riots, solar flares, severe earthquakes, civil unrest, devastation of their genetically-modified food supplies, food shortages, and/or various pestilences–an intensity of “sorrows” such as Jesus discussed in Matthew 24:4-8 leading up to the time of the Great Tribulation. Disasters, especially if there is an ElectroMagnetic Pulse (emp) attack or a severe solar flare storm, could be part of a so-called “perfect storm” of events that could set the USA for destruction.

Many sorrows that the U.S.A. will face, like severe weather problems, diseases and earthquakes, will happen irrespective of who is in the White House (Amos 4:7-10; Luke 21:11). Bible prophecy shows that the King of the North and King of the South will rise up and the U.S.A. will be ultimately destroyed unless national repentance happens.

Various policies and decisions in Washington, D.C., however, may hasten the day of destruction. The USA is creating the conditions for the upcoming European Beast power to fill the void in economic (and even military) leadership that the USA is in the process of making.

Some articles of possibly related interest may include:

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?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe?
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?
Barack Obama, Prophecy, and the Destruction of the United States 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 www.barackobamaprophecy.com. 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?
Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition. This electronic version is 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 for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition.)