The Prophetic Land
The Daily Jot
Daily reporting and analysis of current events from a biblical and prophetic perspective.
Monday, October 3, 2011
The prophetic implications of the emerging global depression
The world is being led toward a great economic recession, if not a depression. The contemporary "group think" is to use government authority to spend economies into prosperity. The tremendous debt burden created by these governments is ultimately held by the citizens. Citizens will be unable to reconcile this enormous and historical debt, making them subject to their respective governments who created the debt. Meanwhile, the economies will not improve, inflation will escalate, jobs will be scarce, available money will be in short supply. Governments will again step in and take control over people and business. This is type and shadow of end time prophecy.
Those not going along with the spending to prosperity theory chastised heavily by the rest of the world leaders, including the White House and the European Union. For example, Germany is holding strong to enforcing a Gold Standard outcome. This has been called fallacious and malignant by Charles Dumas of London-based Lombard Street Research, a company that leaders listen to, according to Ambrose Evans-Pritchard, International Business Editor for the UK Telegraph. Evans-Pritchard says that as a result of the debt financing and the subsequent fall out, "The rules of world trade system would be redrawn." He says he sympathizes with hard working citizens "for being led into this impasse by foolish elites."
The problem here is that the godless are in control of the world economy. There have been ideas raised that even in America, there could ultimately be enough civil unrest caused by the bad economic trend to call for Marshall law suspension of elections. The group protesting on Wall Street would give some credence to this, but--and this is big--its not the TEA Party conservatives who are protesting. Reading the signs and hearing the chants, its the "end capitalism" socialists and anarchists who are taking to the streets. Its almost as if the socialists in charge, the godless humanists, are encouraging their own to protest to create crisis and turmoil. There is nothing new under the sun.
Prophetically speaking, these are the events that must happen according to the scriptures. Revelation 6:5,6 describes the Black horse, one of the four horses of the Apocalypse, as creating economic crisis. The rider of the Black horse had "a pair of of balances in his hand. And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny and three measures of barley for a penny..." Eventually, the antichrist rises to power in Revelation 13:17 "that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name." By nature, nations do not agree to submit to one another unless they are forced to do so. Worldwide debt and recession might create that atmosphere of crisis.
Have a Blessed and Powerful Day!