ICG on US Dollar and Iran

In his latest update, ICG’s Mark Armstrong wrote the following:

The bank/insurance/auto industry bailout/stimulus spending of the past year has increased our national money supply by some 120%! Economic theory and practice is an admittedly complex and dark subject that few seem to fully grasp. But the shear enormity of current national spending projections, coupled with the obvious concern expressed by our nation’s creditors is causing extreme apprehension in many quarters. Trillions of dollars are casually projected to be the cost of “national healthcare”, and the mind-boggling bureaucracy it will require. The price tag for Cap and Trade policy is incalculable. More national “change” waits in the wings while the UN and its member nations concoct yet more international laws and agencies with enforcement powers here in the United States.

The future of our dollar is bleak, regardless of politicians’ intentions, purportedly to promote general welfare, help the poor, save the planet or whatever their selling this week. There are warning signs everywhere, with the exception of the mainstream media and occasionally they even creep in there, but only if you’re paying very close attention. We are blessed by one aspect of the information age that has made vast quantities of information available for now, but that may be changing as well if the central planners get their way. No doubt somebody’s political ox will be gored by this characterization of the present reality. We simply cannot close our eyes to the road we’re being driven down, nor the historical precedents of such policies wherever in the world they’ve been implemented.

Europe is in the midst of a change of direction, trying to dig their way out of the socialist quagmire that has kept them economically stagnant over recent decades while the United States prospered. The United States is rapidly embracing policies that have been all but fatal to prosperity in the UK and in Europe.

Iran, the foremost threat to Israel’s survival and to world security including that of the United States, has just allowed UN inspectors to visit the nuclear facility they claimed didn’t exist. According to a report issued by Debkafile last week, “Some sources in Washington take the existence of this hidden plant as evidence that Iran has got several more secret facilities running – and not just for enrichment but possibly even for covertly constructing nuclear bombs and warheads.” Additionally, there is a report that Iran is supplying Syria with “various forms of weapons of mass destruction” including missiles and midget submarines. Syria has been obstinate in its refusal to participate in any U.S. sponsored diplomacy.

The Bible is clear that in the time of the end, the highly indebted will be doomed. Notice the following:

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 for major economic powers. It makes little sense, for example, that it would be directed towards the modern nation of Israel as it does not have enemy creditors. It must be directed towards 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 in unprecedented levels (that they really do not expect to pay back, other than in currency that will be worth much less than it now is). In that respect they have recently plundered many nations. And unless national repentance occurs, the USA, UK, and their Anglo-allies are doomed for destruction probably next decade.

Now, I should add that while Iran is an issue of concern, I disagree with Mark Armstrong that it is the “foremost threat…to world security including that of the United States”. However, the situation with Iran may be the spark that will lead to the fulfillment of other prophecies (it could spark the “need” for the deal in Daniel 9:26-27, for example).

Some 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?
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?
Is There A Future King of the South? Some no longer believe there needs to be. Might Egypt, Islam, Iran, Arabs, or Ethiopia be involved? What does the Bible say?
Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight 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? This is the longest and most complete article on this page on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”, based up an early 20th century writing.