Platinum coins and other distractions hurting USA’s reputation

Platinum USA $100 Coin

The following was of interest:

The real purpose of the trillion-dollar-coin idea might be too obvious to need stating: It’s another thing to argue about instead of attending to the actual problem…the Treasury is using various accounting maneuvers to keep on spending anyway. Its estimate of how long that can go on, if tested, will likely prove conservative. After these maneuvers, there’ll be more maneuvers…

the Treasury can keep borrowing regardless, citing the 14th Amendment, pushing the issue to the courts, which I’m willing to bet wouldn’t rule to put the country into default. Or it can mint ultra-high-value coins, the current fave topic. Or it can more mundanely issue IOUs, following Califormia’s example.Assuming the confusion doesn’t cause the U.S. to default by accident, the biggest cost in all this is damage to the country’s reputation. http://www.bloomberg.com/news/2013-01-11/platinum-coins-and-other-amusing-distractions.html

The USA’s governmental handling of debt and certain other economic issues is making it become the economic laughing stock around the world. Yet, even those that sometimes may be laughing are horrified and this is causing many to take steps to decouple as much as they feel that they can from the US dollar (more on the platinum coin can be found in the article USA to run out of money next month? Platinum coins seriously considered as an option?).

While the international process to decouple from the US dollar has been going on since at least 2009 (it actually began earlier, but in 2009 a United Nations report came out advising this), the intensity for this decoupling is accelerating because of various proposed “accounting tricks” and other gimmicks that do not get to the core problems facing the economy of the USA.

What are they?

From a physical perspective, the USA keeps spending significantly more that it produces. This basically has resulted in parts of the rest of the world holding US debt notes that ultimately will be worthless.

The Bible has a somber warning about this:

The USA has been able to get away with its financial shenanigans better than many other nations for several reasons. But the major one is probably because the world still accepts the US dollar (for many reasons) as its reserve currency. Increasing debt, however, is increasing increased national investments in gold and currencies other than the US dollar for many countries. Some nations are trying to eliminate the U.S. dollar as the world’s reserve currency, and the United Nations has urged countries to do that. Yet most still use /have a lot of U.S. dollars. But as Habakkuk warns, the time will come when a debtor nation will have its creditors rise up.

As the greatest debtor nation of all time, the prophecy in Habakkuk seems to apply to the USA.

Habakkuk 2:3,6,7 (which is consistent with Isaiah 29:5-6, 30:12-13 and Jeremiah 15:8), that destruction will happen to those that increased their debt at the end times:

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. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).

The debt situation of the USA is putting it at risk of being unable to recover should it be hit by weather problems, terrorist acts, war, riots, solar flares, severe earthquakes, civil unrest, devastation of their genetically-modified food supplies, food shortages, and/or various pestilences–an intensity of “sorrows” such as Jesus discussed in Matthew 24:4-8 leading up to the time of the Great Tribulation. Disasters, especially if there is an ElectroMagnetic Pulse (emp) attack or a severe solar flare storm, could be part of a so-called “perfect storm” of events that could set the USA for destruction. This may embolden various creditors to take the steps that Habakkuk warned about.

Bible prophecy shows that the King of the North and King of the South will rise up and the U.S.A. will be ultimately destroyed unless national repentance happens.

Various policies and decisions in Washington, D.C., however, may hasten the day of destruction. The USA is creating the conditions for the upcoming European Beast power to fill the void in economic (and even military) leadership that the USA is in the process of making.

Some articles of possibly related interest may include:

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?
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?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Barack Obama, Prophecy, and the Destruction of the United States This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic, Catholic, Kenyan, and other America-Related Prophecies?
Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition. This electronic version is available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon’s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States–Amazon Kindle edition.)