Zero Hedge: Once the global debt bomb explodes, there won’t be much left for anyone. Governments will fall, individuals will be impoverished, and businesses will implode. The elitists in power have tried to keep everyone in the dark, but maybe there’s an answer to this devastation.
Global debt now stands at a terrifying $243 trillion according to a report by the Institute of International Finance this week. That’s quarter of a quadrillion. We’re in the realms of the absurd and the unsustainable. That’s money that will never be repaid. The debt-based system is irrevocably broken and is still propped up by the lies told by central bankers and governments in order to remain in positions of power over others.
The record debt figure stands at three-times the world’s total gross domestic product (GDP). In other words, it’s three times larger than the value of all products and services on the planet
And the United States is contributing massively to this problem, propping up a debt bubble that will crush everyone when it finally bursts. It’s pretty safe to say that if you aren’t concerned, you simply aren’t paying attention and will be hurt when it all collapses.
An irresponsible monetary system addicted to printing money and issuing credit is destroying the standard of living almost everywhere on the planet. more …
Opinion: For anyone who has visited the ark (Ark Encounter) in Kentucky, one of the most interesting aspects are the food bins and water storage vessels. These supplies would have to feed 8 adults and about 1400 kinds (two of every kind) of animal that would inhabit the ark for one year.
Noah and his family would have been in and out of the ark, building cages, storing provisions and loading animals drawing a parallel to Daniel 9:27 and the last 7 years prior to the tribulation.
“But as the days of Noah were, so also will the coming of the Son of Man be. 38 For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, 39 and did not know until the flood came and took them all away, so also will the coming of the Son of Man be” Matthew 24:37-39.
When the ark was completed, God closed the door (Gen. 7:16) and no one else could enter, paralleling the rapture (1 Cor. 15:51-52; 1 Thess. 4:16-17).
Those left behind will go through the trial, including the financial collapse (Hag. 1:6; Rev. 6:5-6) that Jesus told His church He would keep them from (Greek ‘ek’ out of) in Rev. 3:10.
The most important question ever asked “What must I do to be saved” was from a Roman jailer to Paul and Silas who were in prison for their crime of following Jesus. The most important answer ever given “Believe on the Lord Jesus Christ and you will be saved you and your household” (Acts 16:30-31).
Watch this very short video to put that kind of money into perspective: https://youtu.be/XqUwr-Nkq9g. That video is a couple of years old and shows what 20 trillion dollars looks like. Now multiply that number by a little over 12 times and that’s the problem the world is facing. So why isn’t anyone in power worried?
I always wondered why global financiers and heads of state never made this a bigger priority until it finally struck me why they could care less. As ugly as that debt looks, it has become meaningless due to the fact it is beyond the realm of this current financial system to pay it off. But, with hyperinflation it can be paid off with ease. After all, the only winners when hyperinflation hits are those with debt and lots of it. Why? What’s a trillion dollars when it could possibly cost a billion US dollars to pay for lunch. Sound crazy? Look no further than Zimbabwe: https://nomadcapitalist.com/wp-content/uploads/2015/06/zimbabwe-currency-revaluation-100-trillion-hyperinflation.jpg
So who loses? Well, Christians don’t because this isn’t even our home (Philippians 3:20) plus we’re lovingly instructed not to worry (Matthew 6:25-34) about it. Who loses are the fence-sitters who at this late hour haven’t accepted the pardon we have been freely given. Question for those who actually read my musings on this subject: Does anyone sit in a church that speaks about this- the lateness of the hour? When you look at just this one issue, the gargantuan debt, the hyperinflation spoken about in Revelation is so obviously on the horizon. The wave is cresting and the shadow is on us.
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