China and Bible Warn the USA

The USA Debt Clock as of Apri 19, 2008
The Debt now exceeds 11,000,000,000,000

As regular readers of this page are aware, I believe that the increase in USA debt is unsustainable and will ultimately be a factor in its destruction. China is starting to publicly wonder about something that I believe that the Bible is clear about.

Yesterday, LCG reported:

Warning from China. At a news conference on March 13, China’s Premier, Wen Jiabao, warned the U.S. to be fiscally responsible and not make decisions that would devalue the U.S. dollar through reckless spending. China currently holds approximately US$1 trillion (equivalent to $776 billion euros) of U.S. treasury bonds. This is half of China’s foreign currency reserves. China is worried that if the dollar is devalued, its assets will be worth less, impacting the Chinese economy into the future. China’s purchases of U.S. bonds keep interest rates low in the United States. The Chinese would like to cease purchasing U.S. bonds—essentially, debt. However, the U.S. and China currently have a very tight economic relationship in which the U.S. buys the “lions share” of Chinese exports and China purchases U.S. debt (YahooNews.com, March 13, 2009). This situation can only last so long and then “something has to give.” The Bible clearly warns that “the borrower is servant to the lender” (Proverbs 22:7). God also warns that without vision, “the people cast off restraint” (Proverbs 29:18). The U.S. has been operating on an unbridled spending spree that has resulted in greater indebtedness to many nations, mainly China. What will happen when China finally says “enough”? In the coming Kingdom of God, the laws of God and a knowledge of His ways will cover the earth as the waters cover the sea (Isaiah 11:9). At that time, God’s financial policies will be in place and there will be no more national debt and no more debtors—at least not for very long (see Leviticus 25 and the “Jubilee Year”).

The Bible clearly warns of destruction of those in the end time who accumulate debt:

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 USA needs repentance and needs to figure out how to tighten its belt so that it will not a fulfiller of that prophecy. Because, it will come to pass.

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?
Prophecy Obama: Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. Here are there 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.
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.
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 China? Is it a “King of the East”? What will happen to nearly all the Chinese, Russians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon?