
I suppose that you can now officially list me among those who believe in a coming economic collapse. I believe that the U.S. dollar is going to collapse. I believe that the economy will tank into oblivion, leaving millions in America and people worldwide in financial ruin.
I do not believe it is ‘if’ but ‘when’ this will transpire. With the insatiable appetite for spending, deficit, and debt, a collapse is imminent and guaranteed on our present course in the United States. Our path is unsustainable, according to the estimation of virtually all economic forecasters, and it seems to be a planned destruction.
I do not know how anyone can assume that the United States government can continue its unbridled spending. It is incomprehensible that the Federal Reserve can continue printing money, making our currency more and more worthless. It is impossible to comprehend how anyone can think that entitlement programs and wasteful spending can continue without dire results.
Those feeding at the government trough of entitlements seem to believe that the 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 minor problem! It is a disaster waiting to happen. It is just a matter of time.
Some tell me this will not happen because the world’s power brokers will not allow it to happen because they would be hurt. If you genuinely believe they have not hedged their bets, you are living in Wonderland and should see the Tin Man any moment now. Okay, maybe that was a bit too harsh, but I do believe they have covered their bets.
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. If we do not reign in this spending and debt train, we will see what Willard Cantelon, a preacher, wrote about decades ago. He authored 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, not to them or their lifetime, thus there will be no real change in practices or lifestyles. Well, some generations will see the fulfillment of the prophecies and the collapse of the World Economy. The only question is which generation.
I read a report by 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 disturbing statistics. He contended 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 look at a devaluation rate of 98.5% to 99.5% of the British pound and the U.S. dollar. The problem is exasperated by the thought that if we are already there, where do we go to salvage either?
The Federal Government has been planning to take your money, including your retirement accounts, and redistribute it to themselves, not struggling people. The government shutdowns or slowdowns are not about people but about power.
If the government does not continue operating at the current or escalated rate, the lobbyists, consultants, and special interests will not get what they want. The legislators will not continue to become more powerful and wealthy individually. It is never about us but about them! There would be ample funds to help the genuinely needy and perform the government’s actual constitutional duties if it were not for the incredible excess and waste that we have today in government.
If you charge much more than you bring in, you will discover in a very short time that you are insolvent. If you are barely paying the interest on your debt, you have a severe problem. If that continues to the point that the interest is more than you bring, you have a complete economic collapse and are destroyed financially. The Federal Government is operating that way, so what is different? Absolutely 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 am deeply concerned about what I see happening. If or when it 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 beyond anything most 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 will not cheer you up, but I will tell you now that if you can take steps to ‘hedge your bet’ financially against the decreasing and dying dollar. More importantly, I urge everyone to look to God because He is our only real hope! I believe that unless God sustains us, we perish as a free republic and economically.
I believe this time will also be one of the greatest times of revival at the same time the world experiences cataclysmic evil and trouble. I want to be on God’s side when it comes. I call to mind the words of Jesus, “Be wise as serpents and harmless as doves.” We must do what we know to do, resist fear, and become completely reliant on God, which will enable us to live without fear!
This government has demonstrated its lack of trustworthiness, and I do not just mean the Obama administration. We have a very small window of opportunity and chance, to hopefully reclaim our nation! Although I believe there are disastrous economic times coming, I also believe God’s Promises to “Supply All our Needs According to His Riches in Glory!” DO NOT FEAR!
God bless you, and God bless America!