LCG: USA Economy Faces Potential for Sudden Collapse

Dr. Douglas Winnail

In its latest update, Dr Winnail of the Living Church of God wrote:

Handwriting on the Wall! On July 4, the United States, currently the most powerful nation in the world, celebrated 234 years of independence. The following day, on Monday, July 5, British-born Harvard professor and economic historian Niall Ferguson opened the 2010 Aspen Ideas Festival with a stark warning that the American “empire” could suddenly collapse—possibly within the next two years—due to the country’s rising debt! Citing historical examples, Ferguson pointed out that economic debt can lead to a loss of military power and global respect—which he saw firsthand on a recent trip to China—where China’s leaders were not interested in being lectured by Americans about economics or democracy. He noted that the recent financial crisis “has accelerated a fundamental shift in the balance of power with the U.S. shedding power and China absorbing it.” A number of factors are coming together—tax cuts, two wars, the financial recession, the resulting federal stimulus and bailout programs, and the growth of entitlement programs—that spell trouble for America in the days ahead. This is what Bible prophecies have long foretold. When nations forget God and turn away from His laws there will be serious consequences unless they repent (see Leviticus 26, Deuteronomy 28). The Scriptures, the Church of God and prominent historians have been warning for decades about the direction that America and other Israelite nations have been going—yet, those warnings have gone unheeded. Hopefully, we can learn from this and make the changes in our lives we need to make—before it is too late!

Dr. Winnail also wrote the following:

The U.S. and the British-descended peoples have enjoyed living off the resources of the world, but the prophet Habakkuk warns: “… Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. Because you have plundered many nations, all the remnant of the people shall plunder you” (Habakkuk 2:7–8). (Winnail D. Sudden Calamities Ahead! Tomorrows’ World, Volume 10, Issue 5. Sept-Oct, 2008).

Hebrew prophets also warned repeatedly that the future demise of God’s chosen Israelite peoples would come “suddenly” and unexpectedly (Isaiah 9:14–15; 29:5; 30:13; Jeremiah 6:26; 15:8). Modern financial analysts realize this could happen if the nations lending to America decide to dump the dollar and call their loans. The prophet Habakkuk’s warning…, “Will not your creditors rise up suddenly?” (Habakkuk 2:7)—may also ring true for debt-plagued nations like America and its Israelite cousins. Prophetic scripture contains a sobering message: debt and disobedience lead to the demise of nations! (Winnail, D. Debt, Disobedience and Demise of Nations. Tomorrows’ World, Volume 12, Issue 2. March-April 2010, p. 27).

Here is some of what LCG’s Wyatt Ciesielka wrote:

The days are coming when, “Suddenly, your debtors will rise up in anger. They will turn on you and take all you have, while you stand trembling and helpless” (Habakkuk 2:7, NLT).(Ciesielka W. A New World Order is Coming. Tomorrow’s World, Volume 11, Issue 1. January-February 2009).

Jeremiah 17:1-4 explains that national punishment is the eventual result of national sins and false religion.　 Ultimately, this punishment will lead to our wealth, and even our people being given “as plunder” to foreign nations (vv. 3-4). Furthermore, this tragic collapse will happen suddenly and when many do not expect it (Isaiah 1:7, Habakkuk 2:7, I Thessalonians 5:3)…

Millennia ago, God warned of the consequences of debt and greed: “Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. Because you have plundered many nations, all the remnant of the people shall plunder you…” (Habakkuk 2:6-8). (Ciesielka W. Economic Collapse! America’s debt crisis. Commentary. http://www.tomorrowsworld.org/cgi-bin/tw/commentary/tw-comm.cgi?category=Commentary1&item=1272484006)

Notice the scriptures from Habakkuk:

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…5 Indeed, because he transgresses by wine, He is a proud man… 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 2:3,5,6-8).

The above prophecy will be fulfilled at the time of the end. 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.

This will cause sudden destruction among those who are spiritually drunk:

3 For when they say, “Peace and safety!” then sudden destruction comes upon them, as labor pains upon a pregnant woman. And they shall not escape. 4 But you, brethren, are not in darkness, so that this Day should overtake you as a thief. 5 You are all sons of light and sons of the day. We are not of the night nor of darkness. 6 Therefore let us not sleep, as others do, but let us watch and be sober. 7 For those who sleep, sleep at night, and those who get drunk are drunk at night. (1 Thessalonians 5:3-7)

Notice that both Paul and Habakkuk seem have tied drunkenness in with this sudden calamity (so did Jesus in Luke 21:34-35). Truly the Anglo-nations are not spiritually sober.

“Peace and safety” will be declared some time after the peace deal in Daniel 9:27. And the Great Tribulation will begin 3 1/2 years later. And the creditors will rising up just prior to the Great Tribulation. Then the Beast power will cause sudden destruction to affect the USA.

Also notice some other scriptures:

26 O daughter of my people, Dress in sackcloth And roll about in ashes! Make mourning as for an only son, most bitter lamentation; For the plunderer will suddenly come upon us. (Jeremiah 6:26)

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. (Isaiah 30:12-13)

The Bible is clear that disaster can come suddenly. And that it will.

But as the Apostle Paul wrote, we do not have to be unaware of this (1 Thessalonians 5:4). He also said (as did Jesus in Luke 21:36) to watch (1 Thessalonians 5:7).

The current Obama administration, similar to the end of the last Bush administration, has been accelerating debt accumulation. According to economists and biblical prophecy, this can cause a sudden collapse and lead to sudden destruction of the USA.

For more information, please check out the following:

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?
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? What happens before in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? This is a lengthy article with many prophecies that Barack Obama may end up fulfilling.
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 by him?