China Appalled By USA Debt Impasse, While German Blames China for Famine in Africa
The Chinese are tiring of US politics related to the debt:
Chinese ‘Appalled’ by U.S. Debt Impasse
Bloomberg – July 28, 2011Senior Chinese officials are “appalled” by the impasse among U.S. politicians on raising the nation’s debt ceiling to avoid a default, said Stephen Roach, non-executive chairman of Morgan Stanley Asia Ltd…
In another sign of concern within the nation that is the biggest foreign owner of Treasuries, the official China Securities Journal said today that the U.S. stand-off signals long-term dollar weakness that will push up commodity prices and pose inflation risks for the world. In Mumbai yesterday, a former central bank adviser, Yu Yongding, repeated his call for China to reduce its Treasury holdings, adding that a default would be “disastrous.”…
China, the owner of $1.16 trillion of Treasuries, is losing confidence in America’s government “and its dysfunctional economic stewardship,” the economist {Roach} said. http://www.bloomberg.com/news/2011-07-28/roach-says-chinese-officials-appalled-by-impasse-on-raising-debt-ceiling.html
As I have written here many times, the increasing of debt/pledges by the USA will lead to a greater disaster for the USA than almost any imagine per Habakkuk 2.
While the Chinese are upset with the USA, at least one German leader is suggesting that Chinese investments have contributed to the famines in Africa:
Germany blames Chinese land buys for Africa droughtAFP – July 28, 2011Germany’s Africa policy coordinator on Thursday blamed China’s practice of buying up land in the Horn of Africa for contributing to the devastating drought ravaging the region.Guenter Nooke told the daily Frankfurter Rundschau it was clear that “this catastrophe is also man-made”.
“In the case of Ethiopia there is a suspicion that the large-scale land purchases by foreign companies, or states such as China which want to carry out industrial agriculture there, are very attractive for a small (African) elite,” he said. http://www.google.com/hostednews/afp/article/ALeqM5hu9_tN9w_dCvyWeYhfdOJLCn47BA?docId=CNG.f7f7219253feb49f37e24ef89a4ad717.4d1
Whether or not China has anything to do with them, famines and troubles, of course, are biblically expected:
7…And there will be famines, pestilences, and earthquakes in various places. 8 All these are the beginning of sorrows. (Matthew 24:7-8).
8 For nation will rise against nation, and kingdom against kingdom. And there will be earthquakes in various places, and there will be famines and troubles. These are the beginnings of sorrows. (Mark 13:8)
Despite all the bickering between nations, there is good news as ultimately, God’s kingdom will come and those issues will be gone (Revelation 7:16). But a terrible hour of trial is coming first (Revelation 3:10). And it will be worse for Anglo-descended countries, like the USA, than almost anyone seems to believe.
Some articles of possibly related interest may include:
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? True religion should be based upon the true gospel.
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? What happens before in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something?
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? What will happen to 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?
Will the Anglo-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 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?
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?
Africa: Its Biblical Past and Prophesied Future What does the Bible teach about Africa and its future? Did the early Church reach Africa? Will God call all the Africans?
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?
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