‘Project Prophecy’ predicts a 25 year depression

A while back, a reader sent me a link to a video about something called ‘Project Prophecy’ and the view of a former participant, Jim Rickards (who says he once worked for the CIA) who believes that the USA is going to end up with the collapse of the USA dollar as the world’s reserve currency and that it is subject to a 25 year depression. He also advocated books, lectures, a newsletter, and other things that I did not purchase, nor am I promoting them here.

Here is something from the video’s introduction by Steve Meyers:

Recently, all 16 branches of our Intelligence Community have come together to release a shocking report.

These agencies, that include the CIA, FBI, Army, and Navy, they’ve already begun to estimate the impact of the fall of the dollar as the global reserve currency…

And the end game could be a nightmarish scenario, where the world falls into an extended period of global anarchy…

One that will ignite a 25-year Great Depression.

Today, we’re going to examine everything he’s uncovered because the bedlam could begin within the next six months.

Here is some information from a related website about ‘Project Prophecy’:

Project Prophecy was to develop a system or systems that could in effect foretell a terrorist act in the United States or world wide by looking for anomalous stock market trades that would profit heavily by betting on an unforeseen (to most) terrorist event to occur. For instance, if a peculiar or odd amount of trades were placed saying that the stock of a particular cruise-ship company was going to go down dramatically, the U.S. government could place assets and surveillance on the ships etc. of that company to be on the lookout for terrorism, and hopefully stop the act before it was able to be executed. Also, by tracing back the questionable stock market trades, the government might be able to see who knew what at what time and perhaps track down the responsible terrorists in this fashion. Get the idea?

Project Prophecy Is Shelved
Jim Rickards and the team working on Project Prophecy were successful. They built a system that monitored hundreds of stocks and companies that they considered vulnerable to terrorist activity and financial gain. In fact, the system they built predicted the thwarted attack on an American airline company which was quashed by New Scotland Yard. The terrorist’s ostensible plan was to blow up a few international flights, the ones with the most Americans on board. While Project Prophecy was not a part of stopping the attack, the data and corresponding happenings did show that their thinking and programming was working. Unfortunately, as you might expect, the very government that envisioned, conceived, planned, paid for, and executed Project Prophecy, shelved project Prophecy. Not because it did not work, but perhaps because it worked too well.

Project Prophecy Breathes Again, But Under A Different Name
Project Prophecy was resurrected after a time. This time it was known as MARKINT. MARKINT was a derivation of project prophecy. However, rather than focus narrowly on terrorist activities, MARKINT used technology to track nearly any kind of trade that might be harmful or be seen as financial warfare in the markets. After all, the U.S. government realized that financial warfare, or currency warfare, was the new battlefield, and they needed intelligence. http://www.itmtrading.com/why-invest-in-gold-part-three/

The video itself has a screen showing symbols of 16 US government agencies with intelligence branches that Jim Rickard says are concerned about the impact on the USA if the dollar ceases to be the world’s reserve currency. Another screen shows the statement, “THE FALL OF THE DOLLAR AS THE GLOBAL RESERVE CURRENCY.”

Jim Rickards states that one or more US government agencies are “lying to us” and that the economy is in much worse shape than government officials let on or that many politicians truly realize. He explains why there could be a 25 year depression, based upon historical information and charts and current information and charts. He claims that, “Debt is now destroying economic growth.”

Actually, it is worse than that. 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. 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).

Others have suggested that the dollar would collapse, die, and/or cease being the world’s reserve currency.

Here is a summary of an earlier report I saw related to Jim Rickards:

Rickards says “the dollar’s demise will take one of three paths”…

1. World money
2. A gold standard
3. Social disorder

Yes, social disorder and the Great Tribulation will come.

As far as gold goes, we have an article on that titled The Plain Truth About Gold in Prophecy. How Should a Christian View Gold?

Getting back to the video, Notice the following

JIM RICKARDS:

There’s now concern in different branches of the U.S. government…

Historically in Washington, the Treasury and the Fed take care of the dollar.

The Pentagon and the Intelligence Community take care of other threats, but what happens when the dollar IS the threat?

Americans generally know that:

The Fed has increased the money supply by $3.1 trillion.

We have $17.5 trillion of debt.

We have $127 trillion of unfunded liabilities.

What are those?

Medicare, Medicaid, Social Security, student loans, Fannie Mae, Freddie Mac, FHA.

You go through the whole list and it goes on and on and on.

There’s no way to pay it.

Debt can no longer be used to artificially grow our economy. …

You know, when I use the phrase 25-year depression, it sounds a little extreme, but historically it’s not. …

We have enormous distress, but it’s being hidden in different ways.

The unemployment rate today is actually 23% when you calculate it the right way.

…

We all know that the Treasury has issued over $17 trillion worth of debt, the question is who buys it?

A lot of U.S. debt is owned by foreigners. Who owns it?

China, Russia, other countries…

Countries that are not necessarily our friends.

But they can dump it when they want to. …

Who is going to buy all this debt?

Well, a mystery buyer has shown up.

Recently, Belgium has bought enormous amounts…

In the hundreds of billions of dollars of U.S. government securities. http://pro.moneymappress.com/MMRBSSH39/EMMRQ882/?email=Y2EFAN1%40yahoo.com&wemail=mm&a=8&o=68452&s=72279&u=608877&l=395940&r=MC&g=0&h=true

As far as debt goes, the Bible teaches that debt will lead to destruction of a major debtor in the time of the end:

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 largest debtor nation of all-time in human history is the USA.

The video also cited US Senator Rand Paul:

SENATOR RAND PAUL:

Jim Rickards notes the Fed is insolvent on a mark-to-market basis.

The Fed has wiped out its capital on a mark-to-market basis.

Of course, the Fed carries these notes on its balance sheet at cost and does not mark them down to market.

But if they did, they would be broke.

The video also advises gold:

A lot of people look at the dollar and say, “Look, you may not like the dollar, you may worry about the dollar, but you’ve got nowhere else to go.”

But there is another place to go, which is gold.

You don’t have to buy treasuries, you can buy gold.

And countries are actually doing that.

Jim Rickards then mentions the belief that the International Monetary Fund has a ten-year plan to replace the US dollar as the world’s reserve currency:

It’s a ten-year plan to replace the dollar as the global reserve currency.

The IMF released a report this year, it was called – and get this title – “The Dollar Reigns Supreme By Default.”

And here’s a direct quote…

“The aggressive use of unconventional monetary policies by the Federal Reserve, the U.S. central bank, has increased the supply of dollars and created rifts in the financial system. The dollar status should be in peril.” …

A lot of people think that the dollar will prevail because there are no good alternatives.

That’s not true.

The dollar is declining sharply, as a percentage of total global currency reserves.

Imagine if that continued.

The euro comes up. …

The Federal Reserve has a printing press, they can print dollars.

The European central bank has a printing press, they can print euros.

The IMF, the International Monetary Fund, has a printing press too.

They can print something called the Special Drawing Right, or the SDR for short.

These SDRs can come along as a new reserve currency.

The reason they came up with the name Special Drawing Right is because if they called it “world money” that would sound a little spooky and scary.

But that’s exactly what it is.

Here’s the point.

This may be a ten-year plan.

We’re not going to make it ten years.

This collapse will happen a lot sooner than that.

So they’re going to have to dust off this playbook and run out these SDRs and print trillions of them to prop up the system.

As far as world money goes, many nations are working towards a world currency and the end of the US dollar as the world’s reserve currency. The USA dollar ultimately will be destroyed.

After saying that an economic crisis would come, Jim Rickards also stated:

The best way to handle the dollar’s fall – and this is what I focus on in the briefing – is to invest in the euro.

What people have to understand is the euro is not an economic project.

It’s a political project.

And if the political will is there, directed from Germany, the euro is going to hang together.

While neither gold nor the Euro are the best possible investment, as one needs to take care of one’s spiritual life first, the reality is that the USA dollar will collapse. But I will add that I expect gold to go up and down and that the Euro may have a crash or two of its own The Euro could possibly be replaced with something else or augmented with other international currencies.

Notice that physical riches are not the answer:

4 Riches do not profit in the day of wrath, But righteousness delivers from death. (Proverbs 11:4)

28 He who trusts in his riches will fall, But the righteous will flourish like foliage. (Proverbs 11:28)

1 Come now, you rich, weep and howl for your miseries that are coming upon you! 2 Your riches are corrupted, and your garments are moth-eaten. 3 Your gold and silver are corroded, and their corrosion will be a witness against you and will eat your flesh like fire. You have heaped up treasure in the last days. (James 5:1-3)

17 Command those who are rich in this present age not to be haughty, nor to trust in uncertain riches but in the living God, who gives us richly all things to enjoy. 18 Let them do good, that they be rich in good works, ready to give, willing to share, 19 storing up for themselves a good foundation for the time to come, that they may lay hold on eternal life. (1 Timothy 6:17-19)

But getting back to the USA, the admitted debt (not counting the money created through the quantitative easing programs) is so large that if interest rates rise to the place that they were in the USA in the early 1980s, the USA would have difficulty even paying the interest on the debt it has been accumulating. This will tend to cause interest rates to further rise and contribute to hyperinflation. The economy of the USA will ultimately collapse and its leaders keep taking steps that will set it up for a fall (a fall which might come on the heels of ‘natural disasters, terrorism, emp, gmo and other crop failure, etc.).

The USA is in so much debt that the time for its economic collapse (Habakkuk 2:6-8), then military conquest (Daniel 11:39) will come to pass. It will be worse than people such as Jim Rickard realize. Here is a link to a related video: Project Prophecy: Economic Collapse Starting in 2015?

Some items of possibly related interest may include:

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 Barack Obama and the State of the Apocalypse.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? 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? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
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.
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?
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? 2021 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?
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? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
When Will the Great Tribulation Begin? 2014, 2015, or 2016? 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 comenzar la Gran Tribulación en 2013 o 2014? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon video: The Great Tribulation from the Mount of Olives.
Can those in the USA/UK see the Handwriting on the Wall? Is everything fine in the USA/UK or is it like the days of Noah? Can we learn from the handwriting that appeared on a wall thousands of years ago? Here is a link to a related YouTube video Can you see the ‘Handwriting on the Wall’?
The Snowden Leaks are Leading to the Destruction of the USA Can what happened with the leaks of what the NSA has done help the USA to be taken over? What does the Bible teach that seems to be related to this? Here is a related YouTube video titled Are the Snowden NSA leaks leading to the destruction of the USA?
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
When You Sin: Do You Really Repent? This is an article by Charles F. Hunting.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin?
Hillary Clinton in Prophecy Prophecy, Hillary Clinton? Are there prophecies that Hillary Clinton may fulfill? Are there any prophecies that she has already helped fulfill? Could Hillary Clinton be apocalyptic? Could Hillary Clinton be the final Antichrist?
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? Here is a link to a video titled: The Future King of the North.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term 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? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. 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-Second Term-Amazon Kindle edition.