MS: We Just Witnessed An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932
Unemployed Americans at Soup Kitchen during the Great Depression (USNARA)
Michael Snyder posted the following:
We Just Witnessed An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932
January 30, 2023
Economic conditions are much worse than you are being told. Throughout the past year, prices have been rising much faster than most of our incomes have. …
According to Fox Business, the most recent GDP report revealed that the decline in real disposable income that we witnessed in 2022 was the largest that has been measured since 1932…
The most troubling information in the GDP report is the precipitous drop in real disposable income, which fell over $1 trillion in 2022. For context, this is the second-largest percentage drop in real disposable income ever, behind only 1932, the worst year of the Great Depression.
Just think about that for a moment.
The last time real disposable income declined this quickly was literally during the peak of the Great Depression.
And as our incomes get squeezed tighter and tighter, more Americans are starting to fall behind on their bills. …
Unfortunately, economic conditions are only going to get even worse in the months ahead as countless more Americans lose their jobs. …
I believe that things will be very rough this year, and I believe that the long-term outlook is even worse.
Our leaders assured us that everything would be okay even as they were flooding the system with money and engaging in the greatest debt binge in all of human history. http://theeconomiccollapseblog.com/we-just-witnessed-an-economic-sign-that-hasnt-happened-since-the-peak-of-the-great-depression-in-1932/
Yes, debt is a major problem. As far as paying bills goes, notice the following report from USA Today:
Even with a mild winter, more Americans struggle to pay their energy bills
The number of households receiving energy assistance during the current winter season rose an estimated 1.3 million, from 4.9 million to 6.2 million, the largest one-year increase since 2009 and the highest total rate of applications since 2011, according to policy organization National Energy Assistance Directors’ Association (NEADA) on Monday. …
Why are Americans struggling with energy bills?
Families are struggling to pay high energy bills along with other rising costs for essential goods, like food and rent, that are increasing at a faster rate than the overall rate of inflation. Grocery prices rose 10.4% annually in December and rents rose about 7.5%, while overall inflation increased by 6.5%. https://www.usatoday.com/story/money/personalfinance/2023/01/30/energy-prices-inflation-help-with-utility-bills/11151340002/
Notice that the official inflation rate, which many believe is understated, is 6.5%. Notice also that food price inflation is 10.4%.
Since everyone has to eat to survive, that is putting strains on many.
Of course, Jesus warned of famines (Matthew 24:4-8) before the start of the Great Tribulation (Matthew 24:21-22).
The Book of Revelation reveals that the ride of third horseman of the Apocalypse, which also starts before the Great Tribulation, results in scarcity, food price inflation, and famine:
5 When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. 6 And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” (Revelation 6:5-6)
While it has not gotten that bad yet in places like the USA, we are seeing signs of significant food price inflation around the world.
Related to food price inflation and prophecy, we put up the following video:
3rd Horseman of the Apocalypse and Food
There are reports about food price inflation around the world. While it is worsening in many areas, some believe it will improve in 2023. Instead, could prices continue to rise in 2023 and get much worse in 2024 and thereafter? What are the causes of food price inflation? Is there any connection between weather, government policies, fertilizer prices, energy costs, economic sanctions and food price inflation? What are we seeing in reports from the United Kingdom, Hungary, and South Africa? What about impacts from Russia’s ‘special military operation’ into Ukraine? Could EU and/or USA policies be effecting any of this? Is the ‘black horse’ the one associated with famine, food shortages, and food price inflation in the Book of Revelation? Are there any physical lessons we can learn from ants according to the Book of Proverbs? What are some spiritual steps we should take according to Jesus? Dr. Thiel and Steve Dupuie address these matters and more.
Here is a link to our video: 3rd Horseman of the Apocalypse and Food.
Currently, the USA is looking at how to pump more money into the economy (out of thin air) and thus increase its debt.
It is arguing about how to raise its debt ceiling as opposed to seriously discussing how to increase food production to reduce food prices.
The massive increases in USA debt is UNSUSTAINABLE. That means that things CANNOT CONTINUE INDEFINITELY as they have been. Biblical prophecies are coming to pass.
Do not live your life like the current world order will continue as it has. Bible prophecy says that it will not. Increasing levels of debt show that a debt bubble will one day burst and the USA (as well as its Anglo-Saxon-Celtic descended allies) will one day be no more.
Those who do not believe that the economy of the US can fail are ignoring reality.
The economy of the US is, at best, built on a foundation of sand, as debt is certainly not a rock to build upon.
Jesus taught:
24 “Therefore whoever hears these sayings of Mine, and does them, I will liken him to a wise man who built his house on the rock: 25 and the rain descended, the floods came, and the winds blew and beat on that house; and it did not fall, for it was founded on the rock.
26 “But everyone who hears these sayings of Mine, and does not do them, will be like a foolish man who built his house on the sand: 27 and the rain descended, the floods came, and the winds blew and beat on that house; and it fell. And great was its fall.” (Matthew 7:24-27)
The Great Tribulation (Matthew 24:21-22) is coming.
“Great” will be the fall of the US.
Debt accumulation is setting the USA up for destruction according to biblical prophecy.
The Bible teaches the following:
13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. 16 You shall defile yourself in the sight of the nations; then you shall know that I am the Lord. (Ezekiel 22:13-16)
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 because you did not obey the voice of the LORD your God, to keep His commandments and His statutes which He commanded you…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)
It is the the United States and its Anglo-allies that have loaded pledges of debt in these end times that they really do not expect to pay back–that is a dishonest profit. In that respect they have recently plundered many nations. And while much is owed to nations such as China, Japan, and the Arab World, the Europeans have trillions of dollars invested in the USA–money they may be disappointed to have devalued. Enough so that they may divide the land among themselves and other creditors (cf. Daniel 11:39; Habakkuk 2:6-8).
Europe would like to replace the USA as the leader of the West.
Europe does NOT have to be perfect to do this, only perceived as a better option than the USA.
USA debt is helping set the stage for that.
One of the things the scriptures teach is that massive food inflation is coming.
We are already seeing signs of it.
As far as what should you do about it, physically you should prepare and realize more is coming (see als0 Physical Preparation Scriptures for Christians).
Spiritually, all should heed what Jesus said about these times:
34 “But take heed to yourselves, lest your hearts be weighed down with carousing, drunkenness, and cares of this life, and that Day come on you unexpectedly. 35 For it will come as a snare on all those who dwell on the face of the whole earth. 36 Watch therefore, and pray always that you may be counted worthy to escape all these things that will come to pass, and to stand before the Son of Man.” (Luke 21:34-36)
Some items of possibly related interest may include:
There is a Place of Safety for the Philadelphians. Why it May Be Near Petra This article discusses a biblical ‘place of safety,’ Zephaniah 2 to ‘gather together,’ and includes quotes from the Bible and Herbert W. Armstrong on fleeing to a place–thus, there is a biblically supported alternative to the rapture theory. Two sermon-length videos of related interest are available Physical Protection During the Great Tribulation and Might Petra be the Place of Safety? Here is something related in the Spanish language: Hay un lugar de seguridad para los Filadelfinos. ¿Puede ser Petra?
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection; here is a message in Spanish: Me Está Llamando Dios Hoy? A short animation is also available: Is God Calling You?
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? Two related sermons about this are also available: Real Repentance and Real Christian Repentance.
There is a Place of Safety for the Philadelphians. Why it May Be Near Petra This article discusses a biblical ‘place of safety,’ Zephaniah 2 to ‘gather together,’ and includes quotes from the Bible and Herbert W. Armstrong on fleeing to a place–thus, there is a biblically supported alternative to the rapture theory. Two sermon-length videos of related interest are available Physical Protection During the Great Tribulation and Might Petra be the Place of Safety? Here is something related in the Spanish language: Hay un lugar de seguridad para los Filadelfinos. ¿Puede ser Petra?
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.
Four Horsemen of the Apocalypse What do each of the four horseman of the Apocalypse represent? Have they began their ride? Did Jesus discuss the any of this? Might their rides coincide with the “beginning of sorrows? Do they start their ride prior to the Great Tribulation? Did Nostradamus or any other ‘private prophets’ write predictions that may mislead people so that they may not understand the truth of one or more of the four horseman? There is also a related YouTube video titled Sorrows and the Four Horsemen of the Apocalypse.
Fourth Horseman of the Apocalypse What is the pale horse of death and pestilences? What will it bring and when? Here is a link to a related sermon: Fourth Horseman, COVID, and the Rise of the Beast of Revelation. Some shorter related videos may include Amphibian Apocalypse: Threat to Humans? and Zombie Deer Disease is Here! Are the 10 Plagues on Egypt Coming? Here is a version of the article in Spanish: El cuarto jinete de Apocalipsis, el caballo pálido de muerte y pestilencia.
Weather Blessings and Sorrows Are weather problems a warning? What should be done? What does the Bible teach about weather? What about floods, droughts, heat, earthquakes, tornadoes, and solar storms? Here is a related YouTube video Does God Use Weather? A related item in the Spanish language would be Bendiciones y maldiciones del clima.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
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.
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to four related sermons: The Fantastic Gospel of the Kingdom of God!, The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.
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