RC: Could 2023 be the year the US starts experiencing an irreversible economic decline?
(Pixabay source)
Rebel Capitalist put out the following:
How Crazy Will Economic Conditions Be in 2023?
Economic normalcy will not be coming back to the United States anytime soon.
Multiple decades of stiff government regulation, heavy taxation, and non-stop easy money have created a perpetually unstable economic environment. …
Many people often forget that the economic crisis the US is facing right now is not a catastrophe of the elements or a random occurrence. To paraphrase the great Ludwig von Mises, it’s the product of public policy.
As mentioned before, the government is too big and the monetary policy is too loose for any semblance of economic stability to be restored in the US.
To make matters worse, the US’s current political class is not serious about reversing any of the government’s misguided economic policies. …
Could 2023 be the year the US starts experiencing an irreversible economic decline? https://www.zerohedge.com/news/2023-01-14/how-crazy-will-economic-conditions-be-2023
Currently we see no plan, with serious likelihood to actually be implemented, that will properly reduce the official debt of the USA.
We also see no serious plan to reverse the promotion and acceptance of various forms of perversion from the federal government of the USA.
The USA is already in a period of irreversible decline.
The USA is expected to hit its so-called “debt ceiling” later this week.
However, as has happened many, many times, the so-called ceiling will somehow eventually be raised.
US Federal Reserve chairman Jerome Powell has been raising the official interest rate and has signaled that he intends to continue to do so.
As of 1/12/23, the official USA government debt stands at $31,384,186,242,930.68 (https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny)
The current Federal Reserve interest rate, or federal funds rate, is 4.25% to 4.50% (https://www.fool.com/the-ascent/federal-reserve-interest-rates/)
While much of the official debt is in long term notes, simply paying the current rate of 4.5% (while knowing it is planned to rise) on the current official debt (while knowing it is planned to rise) would result in an annual interest charge of $1.412 trillion. That is roughly 1/3 of all taxes that the federal government receives. The raising amounts of interest also contribute to increased debt and this is slowly creating a spiral that will one day accelerate to the point that simply paying interest on the official debt will exceed all tax revenues. A collapse is coming and it will be the end of the USA (cf. Habakkuk 2:6-8).
Now, getting back to the Rebel Capitalist post, it correctly mentioned that the current economic problems are mainly based on government policies, as opposed to catastrophic incidents.
We are seeing some potentially catastrophic items that may also hit. There have been major droughts as well as now a lot of rain damage in California. As far as drought goes, notice the following:
January 14, 2023
Last year was a bad year for corn — the latest US Department of Agriculture (USDA) report shows drought conditions and extreme weather wreaked havoc on croplands.
USDA unexpectedly slashed its outlook for domestic corn production amid a severe drought across the western farm belt. Farmers in Nebraska, Kansas, and Texas were forced to abandon drought-plagued fields. …
Corn production woes from the US don’t bode well in the fight to crush food inflation. It seems as if the prices for our food will remain high well through 2023. https://www.zerohedge.com/commodities/usda-reveals-us-corn-harvested-acres-2008-levels-amid-megadrought
Let me add that inflationary pressures are why Jerome Powell has said that interest rates need to rise.
As far as the direction of the USA, as well as catastrophic risks go, notice something from my book Biden-Harris: Prophecies and Destruction:
Like many politicians, Joe Biden and Kamala Harris, do not meet the following leadership criteria:
21 Moreover you shall select from all the people able men, such as fear God, men of truth, hating covetousness; (Exodus 18:19)
3 The God of Israel said, The Rock of Israel spoke to me: ‘He who rules over men must be just, Ruling in the fear of God. (2 Samuel 23:3)
This does not bode well for the U.S.A.
Furthermore, the Bible warns against the type of moral decline that is occurring in the U.S.A.:
12 Therefore thus says the Holy One of Israel: “Because you despise this word, And trust in oppression and perversity, And rely on them, 13 Therefore this iniquity shall be to you Like a breach ready to fall, A bulge in a high wall, Whose breaking comes suddenly, in an instant. (Isaiah 30:12-13)
But how can this happen to the U.S.A.? It will likely happen with a combination of events. Notice:
5 “Moreover the multitude of your foes Shall be like fine dust, And the multitude of the terrible ones Like chaff that passes away; Yes, it shall be in an instant, suddenly. 6 You will be punished by the Lord of hosts with thunder and earthquake and great noise, With storm and tempest and the flame of devouring fire. (Isaiah 29:5-6)
The debt situation of the U.S.A. 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. Political issues, climate change, trade policies, communication’s deals, and other events are pushing the U.S.A. to a position that will encourage its takeover someday. Disasters, especially if there is an ElectroMagnetic Pulse (EMP) attack, a severe solar flare storm, devastating hurricane (s) something like a massive volcanic eruption and/or massive earthquake could be part of a so-called “perfect storm” of events that could set up the U.S.A. for destruction.
Consider the devastation of New Orleans by Hurricane Katrina. Multiply that by other disasters. The U.S.A. is at risk. Notice, also, the following related to Dr. Michio Kaku’s assessment of Yellowstone:
Scientists assure us that one day the absolutely massive Yellowstone supervolcano will once again experience a Category 8 eruption, and if it happened today it would “literally tear the guts out of the United States of America” … “Instead of having 50 states of the Union, we would have 30 states of the Union.” (Snyder M. As Yellowstone Awakens, Dr. Michio Kaku Warns That It Could “Literally Tear The Guts Out Of The United States Of America”. Economic Collapse Blog, February 2019)
A ‘perfect storm’ of disasters, internal strife, and misplaced confidences will make the U.S.A. a nation that can be defeated.
Many sorrows that the U.S.A. will face, like severe weather problems, diseases and earthquakes, will happen in the future, irrespective of who is in the White House (Amos 4:7-10; Luke 21:11). Joe Biden and Kamala Harris look to hasten the day of destruction. (Thiel B. Biden-Harris: Prophecies and Destruction. Nazarene Books, January 2021)
While we are not to that point yet, there are prophecies that point to the USA being gone by 2028. Related to that, we put out the following video:
Is the USA prophesied to be destroyed by 2028?
Are there prophetic reasons to believe that the USA will not last two complete presidential terms? Yes. 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 summary of ten items to consider:
1. If as the School of Elijah taught, that God inspired Elijah to state that the world as we have known it would last 6,000 years, to be followed by a thousand year sabbatical time, which Jewish tradition (Talmud, Tractate Sanhedrin [97a]) and early Christian traditions records (e.g. Irenaeus, a hearer of Polycarp. Adversus haereses, Book V, Chapter 30:4), then we are getting close to the end of that time.
2. And if, consistent with scriptures in both the Old and New Testaments, we can apply the concept that a thousand years is as a day to God (Psalm 90:4; 2 Peter 3:8).
3. And if, as generally understood in the Church of God that Jesus was killed and resurrected no later than the Spring of 31 A.D. on Passover.
4. And if we can presume that the “last days” of a 7,000 year prophetic week began AFTER the middle day (day 4), then the last days prior to the “sabbatical” time which some would refer to as the millennial Kingdom of God, would last two thousand years.
5. And if when Peter referred to being in the last days (Acts 2:17-18) and since Hebrews 1:1-12 teaches that “God … has in these last days spoken to us by His Son.”
6. Then adding 2,000 years to a period of time leads to the end of the 6,000 years no later than 2031 (and it could be earlier than that).
7. Since the Great Tribulation is expected to start 3 1/2 years prior to that (cf. Revelation 12:14; 13:5) subtracting 3 1/2 years from the Spring of 2031 would be late in 2027.
8. Understand that the U.S.A. is prophesied to be taken over near the rise of the Beast and start of the Great Tribulation (cf. Daniel 11:39; Jeremiah 30:7; Matthew 24:21-22).
9. Therefore, since the end of two full U.S.A. presidential terms would end in January of 2029, these prophetic understandings point to the end of the U.S.A. prior to two full presidential terms.
This video gives more details and quotes which point to the destruction of the United States of America by 2028.
Here is a link to the video: Is the USA prophesied to be destroyed by 2028?
Sadly, many do not want to hear the prophetic messages of scripture, but that was expected:
8 Now go, write it before them on a tablet, And note it on a scroll, That it may be for time to come, Forever and ever:
9 That this is a rebellious people, Lying children, Children who will not hear the law of the Lord; 10 Who say to the seers, “Do not see,”
And to the prophets, “Do not prophesy to us right things; Speak to us smooth things, prophesy deceits. 11 Get out of the way, Turn aside from the path,Cause the Holy One of IsraelTo cease from before us.” (Isaiah 30:8-11)
6 “Don’t say such things,” the people respond. “Don’t prophesy like that. Such disasters will never come our way!” (Micah 2:6, New Living Translation)
Notice that these are end time prophecies.
The USA needs national repentance.
Since that is not expected, despite some future positive economic developments, it is past the point of no return with its debt and immoral policies.
Several items of possibly related interest may include:
23 items to prophetically watch in 2023 Much is happening. Dr. Thiel points to 23 items to watch (cf. Mark 13:37) in this article. Here is a link a related video: 23 things to prophetically watch in 2023.
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?
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
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.
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:
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.
The MYSTERY of GOD’s PLAN Why Did God Create Anything? Why did God make you? This free online book helps answers some of the biggest questions that human have, including the biblical meaning of life. Here is a link to three related sermons: Mysteries of God’s Plan, Mysteries of Truth, Sin, Rest, Suffering, and God’s Plan, and The Mystery of YOU.
Universal OFFER of Salvation, Apokatastasis: Can God save the lost in an age to come? Hundreds of scriptures reveal God’s plan of salvation Will all get a fair chance at salvation? This free book is packed with scriptures showing that God does intend to offer salvation to all who ever lived–the elect in this age, and the rest in the age to come. Here is a link to a related sermon series: Universal Offer of Salvation 1: Apocatastasis, Universal Offer of Salvation 2: Jesus Desires All to be Saved, Mysteries of the Great White Throne Judgment (Universal Offer of Salvation part 3), Is God Fair, Will God Pardon the Ignorant?, Can God Save Your Relatives?, Babies, Limbo, Purgatory and God’s Plan, and ‘By the Mouth of All His Holy Prophets’.
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also 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 your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.
Is Tony Blair Apocalyptic? The former Prime Minister of the United Kingdom converted to Roman Catholicism shortly after leaving his office and has been active in European affairs. What role might he play?
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