MS: They Are Never Going to See It Coming, and so They Won’t Be Prepared
(Pixabay photo)
Michael Snyder wrote the following:
They Are Never Going to See It Coming, and so They Won’t Be Prepared
June 5, 2023
There is nothing wrong with being optimistic, but blind optimism can be a very dangerous thing. The reason why so many of the “experts” were shocked by the Great Recession of 2008 and 2009 is because they didn’t want to believe that such a thing could happen. Unfortunately, we are witnessing a similar pattern now. Even though we are absolutely drowning in debt, inflation is wildly out of control, our currency is being transformed into toilet paper, the housing market has started to crash and mass layoffs are being conducted all over the nation, a lot of the “experts” continue to insist that everything is going to be just fine. …
The Chinese certainly aren’t buying it. In recent months they have been stockpiling enormous amounts of gold…
The reason why the Chinese are stockpiling gold is because they can see that a global economic crisis is coming.
And everyone else should be able to see it too.
Conditions in the short-term are going to steadily get worse, and in the long-term they are going to get really bad.
But most Americans are just going to continue to trust our politicians and the “experts” on television that are assuring them that we are going to be able to avoid a major meltdown somehow.
So they aren’t going to do anything to get prepared, and in the end they will be absolutely blindsided by an economic tsunami that they were absolutely convinced would never come. https://discern.tv/they-are-never-going-to-see-it-coming-and-so-they-wont-be-prepared/
Consider that last September, US Federal Reserve Chairman Powell claimed that there is not “a painless way” to get inflation behind us without raising interest rates (see AP: Powell’s stark message: Inflation fight may cause recession–and interest rates have continued to rise–though there are other options.
The government of the USA and various of its states could easily change rules to allow more drilling of oil off the Gulf and California coasts, as well as in Alaska, plus open the Keystone pipeline. That would result in a massive reduction in the price of oil and fertilizers, plus would also reduce transportation costs. The governments could also provide incentives for more food production, which would lower food costs.
Instead, the Fed plan has been to repeatedly increase interest rates (which have been artificially low) in an effort to slow down the economy and reduce wage demands.
Anyway, one of the reasons I made this post is that I saw the following:
Global Depression By 2025, Caused By Interest Rates & Inflation: Simon Hunt
{Simon Hunt} predicted a rocky road ahead for the global economy, that will eventually culminate in the massive pile of $trillions in global unserviceable debt going into default causing a worldwide depression by 2025. https://www.zerohedge.com/news/2023-02-28/global-depression-2025-caused-double-digit-interest-rates-inflation-simon-hunt
Yes, depression is possible.
Yes, the USA is getting to the point where its debt is “unserviceable.”
The Bible warns about something that will happen to a heavily indebted nation. Notice what the Hebrew seer Habakkuk wrote over 2,600 years ago:
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 2:2-3,6–8). …
Notice that what is to happen is so bad, that people who read the prophecy should run, when it is time for it to be fulfilled. Since that prophecy is to be fulfilled at the appointed time of the end, it is still for the future, but perhaps not too far distant in the future. No nation has ever been in as much total debt as the U.S.A. And on a per capita basis, the U.K. and Canada are in similar positions.
The USA, etc. remain greedy. Notice that is believed to have been a cause of the Great Depression:
GREED — the Root Cause of the Crash
The true causes of the Depression are still with us. Burgeoning personal debt, workers demanding higher wages (often without producing any more), business cutting corners, employee theft, and stock market speculation.
The question is: HOW will these causes express themselves in the nation’s economic picture?
Statistician Roger Babson, who successfully predicted both the 1920 and 1929 crashes, has made this point clear over more than half a century of economic forecasts, and dozens of books on the subject. In essence, he said the technical statistics that economists watch are only wall thermometers telling the present “temperature” of today’s economy.
If you want to see what the temperature of the future will be, Babson counseled, look at the barometer reading — the way people as a whole are dealing with each other and how they live their own lives. In other words, are workers producing more, are employee and shoplifting thefts down, are we borrowing less, is the federal economy in the black?
On such readings of the economy, Babson was virtually the only major economist to foresee the serious crash.
The top economists scoffed when he said, on September 5, 1929, “Sooner or later a crash is coming and it may be terrific… factories will shut down… men will be thrown out of work… the vicious circle will get in full swing and the result will be a serious business depression” (John Kenneth Galbraith, The Great Crash, Houghton-Mifflin, 1955, pp. 89-90).
Government economists, on the other hand, seemingly clambered over each other to reassure the many paper-thin speculators that such talk was impossible, unthinkable, perhaps even un-American. “Don’t Sell America Short” was a common aphorism in 1929.
The Money Scramble
But had the economists looked at the furnace room — at the basic social or moral problems expressing themselves economically they would have KNOWN some kind of a “crash” was coming. Had the economists based their forecast on the materialistic attitude of most Americans, they would have seen the handwriting on the wall.
The root motivation was greed, but the main specific cause of the 1929 Depression in particular was “that private indebtedness was increasing faster than earning power, that purchasing was not keeping pace with production …” (Bining and Kleen, op. cit., p. 452).
In other words, people had bought so many items on time payments, that they couldn’t afford any more — even on installments! The people were “bought out” while the newly installed assembly lines were producing record numbers of new gadgets.
In 1929, there was a surplus of goods, but almost no buying power (money). The situation in America today is different — too few American-made goods are chasing too much available money. One causes depression, the other inflation. Both are equally catastrophic to a nation.
What then are the chances for a new kind of “depression”?
Today, America and the West still have not learned their lesson. Money madness is still a fixation of a significant sector, especially of the U. S. public. (Alexander G. THE GREAT DEPRESSION COULD it Happen AGAIN? Plain Truth, December 1970)
Yes, a great depression could happen again.
A recession and/or depression is likely to become one of the final factors that will cause creditors to rise up and destroy the U.S.A.
As far as preparations go, there are physical steps Christians should consider–e.g. see Physical Preparation Scriptures for Christians.
But from a spiritual perspective, let me add that since few end-time Christians are Philadelphian, few will know when the soon-coming Great Tribulation will take place until it is too late–whether they are in non-Philadelphian groups or are “independent.” For some specific prophetic teachings many hold to, that are in error, check out the article: Do You Hold to Any of These Laodicean Prophetic Errors? and/or the sermon: 50+ Laodicean Prophetic Errors.
Some items of possibly related interest may include:
Might the U.S.A. Be Gone by 2028? Could the USA be gone by the end of 2028 or earlier? There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos. Here is a link to a related sermon: Physical preparedness for Christians.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) 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 Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
When Will the Great Tribulation Begin? 2023, 2024, or 2025? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Notice also: Can Jesus return in 2023 or 2024? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
Do You Hold to Any of These Laodicean Prophetic Errors? Most real Christians in the last days are Laodicean and hold to prophetic errors which, unless they repent, will prevent them from being protected from the coming Great Tribulation. Here is a link to a related video: 50+ Laodicean Prophetic Errors. Here is also a message translated into Spanish: Errores profecticos ensenado en las otras Igesias de Dios.
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