LCG: America’s Foreign Creditors and Financial Terrorism from China & Russia

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

In today’s TW News & Prophecy E-Zine, LCG reported:

America’s foreign creditors.

A recent article highlighted how much of the U.S. debt is held by foreign creditors (approximately 30%). China and Japan combined hold about 40% of the foreign-owned debt. Other creditors include the UK, Russia, Canada, Hong Kong, and many oil-exporting nations in the Middle East.

The article ended with the question: “Obviously, these creditors won’t actually take states from us as payment on our debts, but it’s fun to imagine what states and national monuments they could assert a claim to.” The article then goes on–in a joking way–to discuss the debt owed to different creditors and which states and national monuments could possibly be used for repayment (finance.yahoo.com, February 28, 2011).

Although much of the article is written in a humorous tone, it is a sobering reminder of the crumbling state of affairs in America and other Israelite nations today. However, Bible prophecies warn that when God’s people turn away from Him, foreign nations [the alien] will “lend to you…he shall be the head, and you [the Israelite nations] shall be the tail” (Deuteronomy 28:43-44). The prophet Jeremiah mourned for his nation in words that have prophetic implications for Israelite nations today, “Our inheritance has been turned over to aliens, and our houses to foreigners… The crown has fallen from our head…” (Lamentations 5:2, 16).

This article may be more accurate than the author intended.

Financial terrorism.

An unclassified 2009 report produced by a U.S. government contractor concluded that the 2008 economic crash may have been perpetrated in part by international financial terrorists.

The report, entitled: “Economic Warfare: Risks and Responses,” noted that both China and Russia have suggested financial terrorism against the U.S. in the past. The report’s author noted: “The new battle space is the economy… We spend hundreds of billions of dollars on weapons systems each year. But a relatively small amount of money focused against our financial markets through leveraged derivatives or cyber efforts can result in trillions of dollars in losses. And, the perpetrators can remain undiscovered.”

Some experts dispute the study findings noting that there is no specific evidence of financial terrorism, while the report soberly noted: “This is the ‘end game’ if the goal is to destroy America…” (The Washington Times, February 28, 2011).

Whether the U.S. and world financial melt-down of 2008 was perpetrated by financial terrorists will remain to be seen. However that possibility appears to be real. God warned the Israelite nations that because of their disobedience, “I will even appoint terror over you” (Leviticus 26:16). He also notes, “I will break the pride of your power…” (v. 19).

Money and wealth have been the pride of nations and people for millennia. What better way to bring modern nations down than to attack their financial infrastructure?

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Of course, the Russians and Chinese are only possibly taking advantage of opportunities that the USA is giving them. People who have faith that the USA will continue and get through all of this should ask themselves, “Why?” They also may wish to ask themselves since the Bible talks about end time kings of the north (Daniel 11:40), south (Daniel 11:40), and east (Revelation 16:12), why it does not mention an end time king of the west (the USA is west of Jerusalem)? The fact that the king of the North eliminates those with the strongest fortresses (Daniel 11:39) should be a clue.

Evangelist Dr. D. Winnail of the Living Church of God wrote about the suddenness of what will happen:

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 to the ancient Babylonians, “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)

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. Insolvency will cause bigger problems than even the experts who see it coming normally understand. But many foreigner creditors will (cf. Habakkuk 2:7).

Prophecy moves forward–significant personal repentance is probably the only way out (as national repentance for the USA seems highly unlikely).

To learn more, please check out the following articles:

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?
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?
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?
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? 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?
Russia: Its Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end?
Is Russia the King of the North? Some claim it is. But what does the Bible teach?