DISCLAIMER: The views and opinions expressed in this article are those of Corey Red and do not necessarily reflect those of DaSouth.com, its staff, and volunteers.
HISTORICAL FACTS OF CAPITALISM
Only once in the history of the world has a nation ever been able to avoid collapse when its total debt has surpassed 250% of its GDP. That nation is Great Britain during the late 1800’s, and this is why:
- During this time they were the leading world empire and still growing
- After their wars with Napoleon, they were able to “CUT” military spending without giving up control of their colonies.
- During this time the greatest innovation in the history of man occurred: Coal and Oil fired machinery. This produced the biggest global growth in the history of the world.
NOW COMPARE THEN WITH THE GLOBAL REALITY OF TODAY
Today….the world’s largest economies have debts that have exploded beyond all previous records. Simultaneously, not only is the global economy stalled, but in many places it’s shrinking.
Recently, the Federal Reserve, along with other central banks around the world have pledge to send “unlimited funds” to the governments and banks of Europe until at least 2013. Money that they don’t have that will simply be printed out of thin air digitally. So while America claims to have no money to build schools and hospitals, we’ve pledged over $500B worth of default insurance to European countries and banks. Money that our banks such as Goldman Sachs, JP Morgan, Morgan Stanley and Bank of America don’t even have beyond digital printouts.
So should a country like Greece and a European bank default, our banks will simply sit there like Jon Corzine and say, “I don’t know where the money went.” Your bank collapses and the 5 year plan you’ve been laboring so hard to produce is up in smoke. MF Global is only the tip of the financial iceberg. So while we occupy all streets from New York to Oakland, while people are being beaten and arrested, some European elitist is sipping scotch with a prostitute in his lap–laughing his behind off while watching the TV screen, because he knows that both the police and protesters are oblivious to the fact that Wall Street is run from Europe (ie. New York Stock Exchange is a “company” that has merged with a European entity Euronext, so though NYSEEuronext is headquartered in New York, it’s run from Paris, and Germany is considering absorbing this company as it’s own. Not conspiracy theory, real fact–Google it!!!!).
TRUST GOD AND NOT MAN
When Joseph was in Egypt, God revealed that the world they lived in was about to experience a famine. He did this not to scare them, but to prepare them for what was to come. The Book of Revelation isn’t sent to the servants of Jesus Christ to scare us, but prepare us. Now, unlike ever before is a time for God’s people to draw close like never before to our Father. Find out from Him, what is His 6 month, 2 year and 5 year plan for your life and your family.
The prophecies of Revelation 13 and 17 are being fulfilled right before your very eyes. When the smoke clears, the European Union will stand with 10 kings, all bowing before a revived German dictator who will merge with the Pope and resurrect the Holy Roman Empire. And then shall be Great Tribulation as has never been upon the earth, but in the end, at the last trumpet, shall the King of Kings return and avenge the blood of his people upon the Beast and the False Prophet (Revelation 19:11-16). Hallelujah!!!!!
Time to get serious with GOD, there’s much work to do and many souls to save!!!
