US Debt May Hit USD$14,000,000,000,000 in 2010
By the end of US President Obama’s second year of office, the US government’s debt may hit (Debt has become America’s life blood by ABC’s John Shovelan), or even pass, $14 trillion dollars.
And that figure does not include personal or corporate debt.
Ultimately, the cost of borrowing money will go up. Way up.
And when it does, the debt will go up as money will have to be borrowed just to pay the interest of the debt. This will affect the overall economy as well as potentially devastate the real estate market.
Since the US has shown no signs of a real move towards national repentance, it seems to be placing its hopes on a plan that will likely lead to hyperinflation and a destruction in the value of the USA dollar.
While the government will talk about cutting its deficit (and will likely cut defense programs to do that), the reality is that increases in debt appear likely until the time that the USA will be no more–it will ultimately be taken over.
Now, for those of us with a Church of God background, this is no surprise. Here are some excerpts from my book 2012 and the Rise of the Secret Sect related to this:
Additionally, one of the first things that Barack Obama has done as U.S.A. president is to sign into to a law a bill that will greatly increase the debt of the U.S.A. He has also indicated that he will need to pursue policies that will increase that debt during at least his first administration, although he ultimately hopes to change that, as even he claims that the U.S. debt is “unsustainable.”
However, he and others may not realize that the Bible strongly warns about what will happen to a huge debtor in the end time. Notice what the 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…
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 2:3,6–8).
Hence, Barack Obama seems to currently be fulfilling the part of that prophecy of increasing pledges/debt. And, of course, it is possible that the rest of the above prophecy might be fulfilled while he is U.S.A. president. This prophecy, if it is applicable to the U.S.A, also suggests that American dollars will ultimately be of no value to creditors by then (or to probably anyone else)…
Since 1973, the U.S.A. switched from being a creditor nation and instead has become the greatest debtor nation in the history of humankind. Because the U.S.A. owes alien nations trillions of dollars, it appears that the curse in Deuteronomy 28:44 of having to borrow from aliens is happening to it now. President Barack Obama has put forth economic policies that will (for at least several years) greatly increase that debt. Yet, increasing national debt like this will lead to destruction at the appointed time of the end (Habakkuk 2:3, 6–8)…
Habakkuk 2 makes clear that at the appointed time of the end, a great borrowing people will be destroyed (Habakkuk 2:3,6-8). Something similar is in Deuteronomy 28:42-51. No nation in the history of humankind has ever accumulated as much debt as the United States of America (because the U.K. may have the highest amount of per capita debt, its fate would seem to be similar). Yet, the relationship between debt accumulation and prophesied destruction remains unapparent to many.
And although President Obama inherited a debt-laden nation, his policies, according to his own public pronouncements, will lead to greatly increased U.S.A. debt for several years. These increases of debt are likely to go past the point of no return and become one of the final factors that will cause creditors to rise up and destroy the U.S.A.
The USA is the largest debtor nation in the history of the world and seems determined to fulfill the prophecies related to the end time debtor. It cannot borrow like it has indefinitely. And even the US President realizes that. But if you are an American, do you understand how that may affect you?
Some items of possibly related interest may include:
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This also has YouTube videos related to 2012. The book has a chapter titled Barack Obama, the Future Islamic King of the South, and the End of America.
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?
Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests? This is the longest and most complete article on this page on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”, based up an early 20th century writing.
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