ICG: US Debt; LCG: Can America Recover?

In today’s update, ICG’s Mark Armstrong reported:

A deadline looms at the beginning of August on the debt ceiling, and we can all expect that to be a major issue of debate as the day approaches. Nearly every official and analyst I’ve seen or read seems very sober indeed about the economic prospects as we so thoroughly illustrated in last week’s Update.

Big trouble now seems a foregone conclusion. The question now is what form it will take. Will it be a sudden and drastic devaluation of the dollar, or will it play out over months and years with inflation eating away at our ability to survive? With the advent of community organizing and the demonstrations of angry mobs, we’ve been warned by none other than James Carville (former Clinton advisor) that massive civil unrest is likely to break out as a result of America’s economic crisis.

A debate that keeps surfacing from time to time involves the question as to whether the economic crisis is being pursued intentionally as a means of destroying our free capitalist society, or whether it is just the result of a true belief in the ideology of wealth redistribution. Regardless of which it is, we couldn’t possibly be hurtling toward trouble any faster.

We in the Living Church of God (LCG) have indicated that the USA will have civil unrest. Now it matters not if the Obama Administration is intentionally trying to change/destroy capitalistism or not as Mark Armstrong indicated, the real cause of the debt is the sins of the American people.

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

Can America Recover?

In a recent article in The Guardian, British columnist Larry Elliot made the following, profound statement, “The high levels of violent crime, epidemic of obesity, addiction to pornography and excessive use of energy may be telling us something: the US is in an advanced state of cultural decadence.” Mr. Elliot’s article, entitled, “Decline and Fall of the American Empire,” suggests that America is experiencing classic symptoms of decline previously witnessed in the fall of both the Roman and British Empires. He ended the article with the pointed suggestion for what is needed to save America from impending disaster, “Above all, America must rediscover the qualities that originally made it great. That will not be easy” (www.guardian.co.uk, June 6, 2011). Mr. Elliot’s sobering observations about the United States parallel Bible prophecies. While Elliot views America’s decline from a historical and economic perspective, Bible prophecies warn that if God’s people turn away from Him and “despise” His commandments, then God will “break the pride of [their] power” (Leviticus 26:14-19). Today, we are watching Israelite-descended nations that once rode upon the “high places” of the earth and were the “head” of nations, sadly becoming the “tail” (Deuteronomy 28:44). This is because America and other Israelite-descended nations have chosen to move “away” from God and His ways. The qualities that once made these nations great—respecting and living by many of God’s commandments and the moral principles outlined in the Bible—must be recaptured if these nations are to regain their greatness! For more information on this important topic, see our booklet The United States and Great Britain in Prophecy.

Without national repentance (which is not likely), the USA cannot recover (though, individually, you can repent). I reported about that cultural decadence comment earlier (see UK Writer Compares USA to Rome’s Decline). But that and other sins are the real cause of the decline of the USA and the increase of its debt. Debt is one of the biblical curses of disobediance:

43 The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44 He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 45 Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed…47 “Because you did not serve the LORD your God with joy and gladness of heart, for the abundance of everything, 48 therefore you shall serve your enemies, whom the LORD will send against you, in hunger, in thirst, in nakedness, and in need of everything; and He will put a yoke of iron on your neck until He has destroyed you. 49 The LORD will bring a nation against you from afar, from the end of the earth, as swift as the eagle flies, a nation whose language you will not understand, 50 a nation of fierce countenance, which does not respect the elderly nor show favor to the young. 51 And they shall eat the increase of your livestock and the produce of your land, until you are destroyed; they shall not leave you grain or new wine or oil, or the increase of your cattle or the offspring of your flocks, until they have destroyed you. 52 They shall besiege you at all your gates until your high and fortified walls, in which you trust, come down throughout all your land; and they shall besiege you at all your gates throughout all your land which the LORD your God has given you (Deuteronomy 28:42-45,47-52).

And the time will come when the USA’s (as well as the UK’s) creditors will rise up suddenly (Habakkuk 2) and the USA (and UK and their Anglo-allies) will be no more. This debt situation is that serious. But if you personally repent, you can be spared from the hour of trial that will come on the earth (Revelation 3).

Some articles of possibly related interest may include:

Prophecies of Barack Obama? This article has eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. It 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 at the COGwriter website 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”. Might Bible prophecy be fulfilled since he is to be the USA president?
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? 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?
Are You Saved? Do You Love Jesus? What is a True Christian? What is the Gospel? Evangelist Richard Ames answers those important questions.
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 rapture theory.
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This link also has YouTube videos. This book documents and explains hundreds of prophecies. And since it was published, world events have aligned with at least 14-15 predictions in the book (including some related to Barak Obama ) and many more will to come to pass.
2012 y el surgimiento de la secta secreta 2012 libro del Dr. Thiel en Español.
2012 und das Auftreten der geheimen Sekte (German Edition) 2012 Buch von Dr. Thiel in deutscher Sprache.
2012 e o Surgimento da Seita Secreta (Portuguese Edition) 2012 livro do Dr. Thiel em Português. Este livro documenta e explica centenas de profecias. E desde que foi publicado pela primeira vez, pelo menos 14 já começaram a acontecer.