We are experiencing terrible economic times, and we are told that things will get worse. The “solutions” offered by our government, if any, are failing miserably. Is there hope to see an end to this total misery and disaster?
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Biden’s Ministry of Truth and Consequences of the Ukraine War—Comments on News and Prophecy, May 14, 2022
The Coronavirus and the Migrant Crisis–Comments on News and Prophecy, March 7, 2020
Europe and especially Germany are facing a most serious challenge in the form of another migrant crisis, while the hysterical reactions to the coronavirus outbreak are reaching astronomical proportions. At the same time, it has been stated by experts that within the next 18 months, 65 million people might die of the virus. The global economy is already at the brink of recession, if not depression, and there is fear that another pandemic, much more deadly than the coronavirus, is on the horizon.
Economic Crash in 2020? – Comments on News and Prophecy (December 28, 2019)
Many speak about a booming economy, especially in the USA, but others speak of “the mother of all bubbles” and warn of a crash of unparalleled proportions in 2020 due to a broken and rotten economy which is only held together superficially on the surface. Who is right? Are we already in a worldwide recession, as some contend? How long can a country survive with a $1.4 trillion federal government spending package for 2020 and American spending of $1 trillion during the Christmas season of 2019? What does the Bible say about a coming worldwide depression and a total collapse of our global economy?
Warnings of a Great Crash in 2012
In spite of optimistic viewpoints, some experts warn that a recession or a depression may be inevitable and could strike as early as by late summer of 2012. US government debt is worse than Greece, while Europeans pour bailout money into a bottomless barrel. Many Americans live far beyond their means and become vulnerable to financial catastrophe. Gas prices and water bills are on the rise, and a more than likely attack on Iran will make a bad economic situation more painful. The British Government has run out of money. Is there any hope for us in light of these grim realities?
Download Audio Download VideoAmerica’s Fall and Europe’s Rise
America’s political fight regarding raising the debt ceiling or facing default by August 2 has made Europe nervous and angry. The perception is that America is playing with fire and that it holds the whole world hostage. Europeans are looking with amazement, frustration and unbelief at what is going on in the USA. At the same time, a British paper predicts that an autocratic and undemocratic United States of Europe, under German leadership but without Britain, will come into being by the end of the year. Why are these events so critically important in the light of biblical prophecy?
Download Audio Download VideoThe US of Gloom on its Fourth of July
America’s Fourth of July celebrations were accompanied by unparalleled uncertainty, self-doubt, pessimism and disillusionment. Trust in the government, Congress, the opposition, the economy, big business, the churches and the media is at an all-time low. The stimulus package was a colossal failure and resulted in higher national debt, which is now $14.5 trillion dollar. At the same time, as the Wall Street Journal wrote, Germany is sitting on top of the world. What does this all mean in the light of biblical prophecy?
Download Audio Download VideoNew Great Depression in 2012
According to CNN, almost 50 percent of Americans worry that the US is likely to slip into another Great Depression within the next twelve months. The Guardian postulates that America is in an advanced state of cultural decadence and that it can be compared now with Rome prior to its fall. While the US is facing higher annual interest rates on the huge national debt of 14.34 trillion dollars, it provides hundreds of millions of dollars of foreign aid to some of the world’s richest countries, while at the same time borrowing billions back from them. What IS going on in our nation, and WHY?
Download Audio Download VideoUncertain Riches
In these times of economic uncertainty, we must be ever more dilegent in our efforts to store up for ourselves treasure which is eternal.
No Way Out of Worldwide Financial Crisis?
Even though governments try to deal with the worldwide recession and looming depression, it seems to get worse by the day. Now we are told that we should not expect any relief for several years–if at all. The USA and Britain seem to be the leading casualties in the crisis, which has been called by financial experts as a “once-in-a century credit tsunami” and “the worst financial crisis in human history.” Bail-out plans and guarantees are not even meant to provide lasting solutions. Why is that? What brought us into this unparalleled mess? And are there really NO solutions at all?
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