Okay, I guess you can now officially list me among those who believe that the U.S. dollar is going to collapse and the economy is going to tank into oblivion leaving millions in America and around the world in financial ruin. I do not believe it is ‘if’ but ‘when’ this transpires. On our present course in the United States with the insatiable appetite for spending, deficit, and debt a collapse is imminent and guaranteed. Our path is unsustainable by the estimation of virtually all economic forecasters and seems to be a planned destruction.
I do not know how anyone can assume that the United States government can continue its unbridled spending, the Federal Reserve can continue printing money making the currency more and more worthless, and ‘entitlement programs’ and ‘wasteful spending’ continue without dire results. Those feeding at the government trough of entitlements seem to believe that ‘Golden Goose’ of the Nanny State Federal Government has an endless supply of money and that printing money at an insane rate is not a problem. IT IS MORE THAN A PROBLEM. It is a disaster waiting to happen. It is just a matter of time.
I’ve had some tell me that this will not happen because the ‘power brokers’ of the world will not allow it to happen because they would be hurt. If you truly believe they have not ‘hedged’ their bets you are living in Wonderland and should see the Tin Man any moment now. I believe that the ‘money people’ of the world will make money if the U.S. dollar remains or if it goes by the wayside. I believe that it is just a matter of when it becomes economically, politically, nationally, and internationally profitable to them. We are virtually, if not literally, owned by other countries, the money and power brokers of the world. If they deem it in the interest of their power, profit, and position to destroy the U.S. dollar it is gone. We have reached or are dangerously close to the point of no return it would seem and if we do not reign in this spending and debt train within a very short time we will see what Willard Cantelon a preacher wrote about decades ago. He wrote a book called ‘The Day The Dollar Dies’ and many believed it theoretically but not practically. That is the same way that many believe the prophecies of the Bible. It will happen just not to them or in their lifetime thus no real change in practices or lifestyles. Well some generation will see the fulfillment of the prophecies and the collapse of the World Economy the only question is which generation.
I read a report of one economist that said the talk of ‘hyperinflation’ regarding the British pound and the U.S. dollar should be viewed not if it happens but in hindsight that it has already happened. He cited that if you bought a house for $20,000 in 1913 using U.S. dollars you would need $1 Million in today’s dollars. If that is accurate or even remotely accurate we are looking at a devaluation rate of 98.5 to 99.5% of the British pound and the U.S. dollar and if we are already there where do we go to salvage either? The Federal Government has been making plans to take your money including your retirement accounts and redistribute it to themselves not struggling people. The government shutdown or slowdown was not about people but about power. If the government does not continue to operate at its rate then the lobbyist, consultants, special interest will not get what they want and the legislators will not continue to become more and more powerful and rich personally. It was never about us it was about them! There would be ample funds to help the truly needy and do the government’s true constitutional duties if it were not for the incredible excess and waste that we have today in government.
If in your personal finances each month you charge much more than you bring in you will find that in a short time you are barely and basically just paying the interest on your debt. If that continues to the point that the interest is more than you bring in you have a complete economic collapse and are destroyed financially. The Federal Government is operating that way so what is different? NOTHING!
Based on what I see politically, nationally, internationally, and biblically I fully believe a CRASH of epic proportions is just around the corner. I fear for what I see happening if and when that happens. The headlines will read: “Panic in the Streets”, “Rioting and Looting Rampant”, “Chaos and Anarchy in America”, and many other descriptive headlines. Hunger and fear will drive people to looting, murder, and viciousness that will be beyond anything most of us can fathom. I believe that we are in more danger economically in America than through a direct military type attack and we are very much in danger of that due to our porous borders, incredibly inept foreign policy, and attention to terrorism.
My message is not one that will cheer you up but I tell you now that if you can take steps to ‘hedge your bet’ financially against the decreasing and dying dollar. Even more importantly I urge everyone to look to God because we are going to see a time, and I believe soon, where unless God sustains us we perish individually and collectively. I believe this time will be one of the greatest times of revival and trouble that the world has ever seen. I want to be on God’s side when it comes and at the same time I recall the words of the Bible spoken by the Lord, “Be wise as serpents and harmless as doves.” We must do what we know to do and yet we must become so completely reliant on GOD that we live without fear!
This government has demonstrated its lack of trustworthiness and I do not just mean the Obama administration. We have as very small window of opportunity and chance hopefully and we MUST reclaim our nation!
God bless you and God bless America!