Economy Almost Died, and the Real New World Order

All World Currencies Can Have Problems

Last night on MSNBC I saw a chilling interview that explained how close the world economy came to dying in September 2008. Here are three related stories (including the link to the video) that were also in the news late yesterday:

Tuesday, February 10th, 2009 at 10:04 pm

Paul Kanjorski: Financial Crisis of 2008 (Video)

By Maggie M. Thorton

Representative Paul Kanjorski (D-PA) appeared on C-Span on January 27, 2009 and told an astonishing story of how the financial crisis started…

The bottom line, according to Kanjorski, is that on September 18, 2008 at 11 a.m. some $550 billion dollars disappeared from America’s money market accounts – all within a one to two hour time frame.

The U.S. Treasury poured $105 billion dollars into the system and realized they couldn’t stop the drain. They closed down all accounts. Without doing so, they estimated by that afternoon, $5.5 trillion dollars would have been drawndown, resulting in the collapse of our political and financial system – and not just the U.S. but around the world. http://www.rightpundits.com/?p=2863

The day the global economy almost died

It’s Paul Kanjorski, no stranger to blabbing about unpleasant truths, regaling C-SPAN last month with the economic equivalent of the Stanislav Petrov story. Remember the reports that trickled out in mid-September about a harrowing briefing Paulson and Bernanke had given to Congress? The specifics were never revealed, but whatever they said scared the…attendees:

“When you listened to him describe it you gulped,” said Senator Charles E. Schumer, Democrat of New York.

As Senator Christopher J. Dodd, Democrat of Connecticut and chairman of the Banking, Housing and Urban Affairs Committee, put it Friday morning on the ABC program “Good Morning America,” the congressional leaders were told “that we’re literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally.”

Mr. Schumer added, “History was sort of hanging over it, like this was a moment.”

When Mr. Schumer described the meeting as “somber,” Mr. Dodd cut in. “Somber doesn’t begin to justify the words,” he said. “We have never heard language like this.”

Take a drink of something hard and watch from 2:20 to 3:45. Now you know the specifics. This Journal story from that week described the financial turmoil through Wednesday afternoon, at which point \$144.5 billion had already been yanked out of money markets, and then skipped ahead to Paulson and Bernanke meeting with Congress on Thursday night without a mention of what happened in between. That’s how closely guarded this secret must have been. http://community2.myfoxdfw.com/_The-day-the-global-economy-almost-died/BLOG/182501/78592.html

KANJORSKI: On Thursday at about 11 o’clock in the morning the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States, to the tune of $550 billion was being drawn out in a matter of an hour or two. The Treasury opened up its window to help. It pumped $105 billion in the system and quickly realized that they could not stem the tide; we were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there.

If they had not done that, their estimation was that by two o’clock that afternoon, five-and-a-half trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it. We’re really no better off today than we were three months ago because we’ve had a decrease in the equity positions of banks because other assets are going sour by the moment.

(The video is at http://www.youtube.com/watch?v=pD8viQ_DhS4)

While humans will take credit for stopping this disaster, the fact is that God is not ready for the Europeans to lead their New World Order. This order is not some United Nations based group (though it is of little doubt that the UN will support it), but will be a revived Roman Empire based out of Europe.

The time is almost here for the United States to completely lose its position as the economic engine of the entire world.

In order to try to keep that position, the US Senate yesterday passed a bill to increase USA debt by another 800 plus billion dollars. USA President Obama has stated that trillion dollar deficits are expected now for several years.

As I have mentioned before, this is setting the USA and its Anglo-Allies up for a prophesied destruction.

Notice this warning in Isaiah 30:12-13:

12 Therefore thus says the Holy One of Israel:

“Because you despise this word, And trust in oppression and perversity, And rely on them, 13 Therefore this iniquity shall be to you Like a breach ready to fall, A bulge in a high wall, Whose breaking comes suddenly, in an instant.

Of course, more and more, the Anglo-American nations are trusting in policies that encourage perversity. While there is oppression in these nations (especially racial), the Hebrew word for it can also be translated “unjust gain”. This can include not just the historical exploitation of of various peoples, but can probably also include the fact that the economies of the Anglo-American nations for the past few decades has been benefiting from the gains of foreigners loaning money to it.

Habakkuk 2:3,6,7, which is consistent with Isaiah 30:12-13, also teaches that the destruction will be sudden. And that it will occur at the end times–and it will happen to a nation in great debt:

3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…
6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases
What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you (Habakkuk 2:3,6-8).

The above prophecy will be fulfilled at the time of the end–and this prophecy will impact the USA and its Anglo-allies. It makes little sense that it would be directed towards the modern nation of Israel as it does not have enemy creditors. It must be a nation or group of nations with some prominence.

It is the the United States and its Anglo-allies that have loaded pledges of debt in these end times that they really do not expect to pay back. In that respect they have recently plundered many nations.

And once the creditors finally get fed up, notice that it will happen suddenly and the world order will change. The USA and its Anglo-Allies will not only not be economic powers, they will no longer be their own nations any more.

The world almost had the collapse of the USA based economy in September 2008, and its collapse would have been sudden. And now the USA seems determined to set itself up for sudden destruction (cf. also 1 Thessalonians 5:3). But, as certain prophetic events have still not taken place, the end is not yet–but probably sometime next decade, the end of the United States and its Anglo-allies will come.

The good news, however, is that the 3 1/2 years later, the real new world order will be established as Jesus will return and set up His millennial kingdom. And while many now scoff and ridicule this truth, the fact is that this is the position of the Bible and was the majority position of those who professed Christ in the first few centuries after Jesus’ death (for details, see Did The Early Church Teach Millenarianism?).

Until that time, the economies of almost all nations may be in for a wild ride.

Several articles of possibly related interest may include:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? What is ahead for Europe?
Did The Early Church Teach Millenarianism? Was the millennium (sometimes called chiliasm) taught by early Christians? Who condemned it. Will Jesus literally reign for 1000 years on the earth? Is this time near?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as his timing and at least one Shiite prophecy suggests? This is the longest and most detailed of the articles here at COGwriter related to prophecy and Barack Obama.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled since he is to be the USA president?
Kenya Rejoices as Obama Wins This is a follow-up to the Barack Obama, Prophecy, and the Destruction of the United States news item and contains additional information about him, prophecies, and his background. And when the United States and its Anglo-allies may be destroyed.
Barack Obama is Not the Antichrist Some have suggested that he may be, but he cannot be. Find out why.
Two Horned Beast of Revelation and 666 This article explains how the LCG views this, and compares this to Ellen White. Neither John McCain nor Barack Obama are 666.
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
Can the Great Tribulation Begin in 2009, 2010, or 2011? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?