CNN: USA Only Has Two Ways of Escape

The USA Debt Clock as of Apri 19, 2008
This Debt Clock is expected to show over 14,000,000,000,000 this year

CNN Money reported the following:

Marc Faber, the prescient Swiss financier commonly known as Mr. Gloom Boom Doom, laid out the government’s problem succinctly. With tax receipts down and radical spending cuts seeming off the table, the United States has only two avenues of escape — default or reduce the debt by inflating it away. Faber is betting the United States will ultimately take the Weimar route and turn on the presses. (http://money.cnn.com/2010/08/01/news/economy/hyperinflation_fears.fortune/)

Marc Faber is more of an optimist than I here.

While it is likely that the USA will “turn on the presses”, this is not going to allow it to escape.

The only way of escape that the USA has is national repentance. And that is not likely.

The USA is prophesied to be destroyed and taken over. And while hypocrisy and sin are the ultimate causes, debt will be the final factor:

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 (Habakkuk 2:3,5,6-8).

So, because of sins and debt, the USA will be taken over. No nation in the history of humankind has had as much debt as the United States. This prophecy is directed towards the USA and its Anglo-descended allies (like Canada, the UK, Australia, and New Zealand).

Short of national repentance, there will be no escape of the USA. But individuals have a choice. And the time to act is now before it is too late. Notice the following warning:

1 Gather yourselves together, yes, gather together,
O undesirable nation,
2 Before the decree is issued,
Or the day passes like chaff,
Before the Lord’s fierce anger comes upon you,
Before the day of the Lord’s anger comes upon you!
3 Seek the Lord, all you meek of the earth,
Who have upheld His justice.
Seek righteousness, seek humility.
It may be that you will be hidden
In the day of the Lord’s anger. (Zephaniah 2:1-3)

Now, not later, is the time to support the true work of God.

Some articles of possibly related interest include the following:

Is There A Secret Rapture for the Church? When and Where is the Church Protected? What does the Bible really teach? Who really is left behind?
There is a Place of Safety for the Philadelphians. Why it May Be Petra This article discusses a biblical ‘place of safety’ and includes quotes from the Bible and Herbert W. Armstrong on this subject–thus, there is a biblically supported alternative to the pre-tribulation rapture theory.
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?
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?
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?
There are Many COGs: Why Support the Living Church of God? This is an article for those who wish to more easily sort out the different COGs. It really should be a MUST READ for current and former WCG/GCI members or any interested in supporting the faithful church. It also explains a lot of what the COGs are all about.