USA Drops Out of Top Ten Prosperous Nations

“I will break the pride of your power” (Leviticus 26:19)

Another report shows that the USA is in decline:

The U.S. slid from the top ten most prosperous nations for the first time in a league table which ranked three Scandinavian nations the best for wealth and wellbeing.

The U.S. fell to 12th position from 10th in the Legatum Institute’s annual prosperity index amid increased doubts about the health of its economy and ability of politicians. Norway, Denmark and Sweden were declared the most prosperous in the index, published in London today.

With the presidential election just a week away, the research group said the standing of the U.S. economy has deteriorated to beneath that of 19 rivals. The report also showed that respect for the government has fallen, fewer Americans perceive working hard gets you ahead, while companies face higher startup costs and the export of high-technology products is dropping. http://www.bloomberg.com/news/2012-10-30/u-s-prosperity-slides-in-index-that-ranks-norway-no-1.html

FWIW, I would say that the USA is in a worse position than the above report suggests. Although, that last point that less Americans perceive that working hard gets people ahead (though most still do), is pointing to a real danger in the USA–a danger that has accelerated the past several years because of governmental regulations and real and proposed tax policies.

Now, on the one hand, the USA has the resources to cut its trade deficits by getting more serious about the use of coal, nuclear power, oil production, shale, natural gas etc., on the other hand, it shackles itself to barely taken advantage of that. But if it did, it carnally-speaking, has a chance to change its position more positively (Norway, for example, owes part of its ranking because of its oil and nuclear energy supplies.)

But the reason that I feel that the USA is in worse shape than the study suggests is that because of its currency being the world’s reserve currency and its massive debts, this has masked much of the economic decline in the USA. If the time comes that the USA has to pay in real terms, with its declining dollar, what it is really worth (as opposed to how it is currently being propped up by other nations), those who live in the USA will be shocked at how fast their standard of living will decline.

And spiritually speaking, because the Anglo-nations, based upon my understanding of biblical prophecy, will suffer first from the aspects of the Great Tribulation (Matthew 24:21), which is also known as the time of Jacob’s trouble (Jeremiah 30:7). The increase acceptance of non-biblical morality will not be able to go on indefinitely–and it is partially because of this immorality attitude by so many in the USA that it tolerates the increases of debt, QE3, and other forms of debasement to its currency.

The economic, debt, and moral situations in the USA are serious. None of them can continue indefinitely and will end in ways that most Americans really do not believe is possible.

And even though some in the world are starting to notice this, the time will come when the creditors of the USA will rise up quickly and the USA will be taken over (Habakkuk 2:6-8).

To learn more, please check out the following articles:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, 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?
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Who is the King of the West? Why is there no End-Time King of the West in Bible Prophecy? Is the United States the King of the West?
LCG: Pornography, Who’s Tempting Whom? This is some information about the prevalence and dangers of pornography from the Living Church of God.
CG7 on Pornography This is an article excerpt from the Church of God, 7th Day-Denver about pornography.
Abortion, the Bible, and a Woman’s Right to Choose Do you know what the Bible teaches on this? Has the Roman Catholic Church allowed abortions? What about the Living Church of God?
LCG: Homosexuals Gaining Ground “Same-sex marriage” is becoming more acceptable to many. What does the Bible teach about homosexuality?
Is American Football Evil? Is the most popular spectator sport in the USA something that Christians should watch? What do the Bible and early writings show?
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about?
What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
Barack Obama, Prophecy, and the Destruction of the United States This is a new 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about Mitt Romney. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic, Catholic, Kenyan, and other America-Related Prophecies? What About Mitt Romney?
Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it: Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon’s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition.