Church of God News

Black Swan (Calvin Teo)

COGwriter

BBC reported the following:

January 10, 2014

While officially, China may or may not have passed the USA yet, it is growing in economic influence while the USA is growing in debt.

Technically, though perhaps unofficially, the European Union is the greatest trading block, but it is not totally viewed as a single nation.

Decades ago, few, if any held out the belief that China could surpass the USA as a trading power.  Now, it may have.  And if not, likely will soon unless the USA makes certain economic changes.

From watching increased trade deficits, etc., it has been clear for some time that the USA would lose its lead.

At the beginning of this post, there is a picture of a black swan.  Here is part of why:

The black swan theory or theory of black swan eventsis a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.The theory was developed by Nassim Nicholas Taleb to explain:

1. The disproportionate role of high-profile, hard-to-predict, and rare events that are beyond the realm of normal expectations in history, science, finance, and technology
2. The non-computability of the probability of the consequential rare events using scientific methods (owing to the very nature of small probabilities)
3. The psychological biases that make people individually and collectively blind to uncertainty and unaware of the massive role of the rare event in historical affairs

Unlike the earlier philosophical “black swan problem,” the “black swan theory” refers only to unexpected events of large magnitude and consequence and their dominant role in history. (Wikipedia, viewed 12/12/13)

While some believe that various economic catastrophes and changes are essentially random events, some others are watching what is happening and have a different view.

The reality is that after it started to ‘legalize’ abortion, the USA began to increase debt.  It has both a large trade deficit and a large federal government deficit.  This is consistent with what would be expected from this descendent of the tribe of Joseph in these end times.

An even larger economic ‘black swan’ event will be when foreign creditors rise up against the USA. Yet, not only is that knowable based upon the accumulation of USA debt, it is biblically-prophesied:

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. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).

13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. (Ezekiel 22:13-15)

Borrowing money that will not be paid back is a “dishonest profit” which the American and British peoples have been living on for the past several years (as is the “quantitative easing” programs for the US Federal Reserve; see also Doubling QE3 is not good and the YouTube video The Debt Crisis Will Be Worse Than Most Imagine). The Anglo-power will be scattered for this and their filthiness (see also Will the Anglo-Nations be Divided?). Some will consider these ‘black swan’ events, but they were predicted thousands of years ago.

China is concerned about many things involving the USA and wants to curb the influence of the USA, reduce its risks for ‘black swan’ events that will affect the USA, and position itself to take advantage of obvious USA weaknesses.

Yet, while China does have a certain amount of economic and military power, it will not be the primary power that will surpass and takeover the USA (see Is China THE Threat to the United States of America?). The Bible is clear that the nation with the ‘strongest fortresses’ will be taken over by a European military (Daniel 11:39) and economic power (cf. Revelation 13,18), biblically referred to as the King of the North (Daniel 11:40). And that is not China.

USA allies such as Canada and the United Kingdom will end up in a similar situation to the USA as well.

Yet, some of the USA’s Anglo-Saxon allies like Australia and New Zealand may end up being dominated by China, Japan, and/or other Asians.

China sees that the USA is in decline. It is trying to signal to the world that it is rising and the USA is declining.  And while that is correct, China will have its own problems too (and has various ones now).  But these are events to notice.

As Jesus and the Apostle Paul taught:

35 Watch therefore, for you do not know when the master of the house is coming — in the evening, at midnight, at the crowing of the rooster, or in the morning —   36 lest, coming suddenly, he find you sleeping.  37 And what I say to you, I say to all: Watch!”   (Mark 13:35-37)

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. (1 Thessalonians 5:3-6)

Those that heed the admonitions of Jesus and the Apostle Paul and properly understand end-time prophecy will not be surprised by the relatively economic decline of the USA and the other Anglo-Saxon nations.

Some items of possibly related interest may include:

China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel.
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos.
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?
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 real Church of God? Some may also, or instead, wish to view the YouTube video Abortion, the Bible, and US Debt.
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”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch 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? Here is a link to a video titled: The Future King of the North.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? 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? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach?
Can those in the USA/UK see the Handwriting on the Wall? Is everything fine in the USA/UK or is it like the days of Noah? Can we learn from the handwriting that appeared on a wall thousands of years ago? Here is a link to a related YouTube video Can you see the ‘Handwriting on the Wall’?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first? A video of possible interest may be Will Will USA Spying Help the Beast Power?
GMOs and Bible Prophecy What are GMOs? Since they were not in the food supply until 1994, how could they possibly relate to Bible prophecy? Do GMOs put the USA and others at risk? Here is a related YouTube video GMO Risks and the Bible.
When Will the Great Tribulation Begin? 2014, 2015, or 2016? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2013 o 2014? ¿Es el Tiempo de los Gentiles? You can also see the English language video The Great Tribulation Will Not Begin Before 2017.
Prophecies of Barack Obama? Reasons why Barack Obama is apocalyptic and reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss 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 at least one Shiite prophecy suggests?  Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.

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This entry was posted on Friday, January 10th, 2014 at 8:34 am and is filed under Prophecy.

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