US National Debt Tops $30 Trillion

Official USA debt continues to rise:

February 2, 2022

Congratulations, America: it took just over 245 years but as of the last day of January, the country’s debt just crossed above $30 trillion for the first time ever, hitting $30,012,386,059,238.29.

While it was always guaranteed that this historic milestone of civilizational greatness would fall at some point, we can safely say that thanks to the global financial crisis, thanks to covid and thanks to MMT, the golden age of US debt came about twice as fast as it would have otherwise. https://www.zerohedge.com/markets/us-debt-hits-30-trillion-first-time

U.S. public debt topped $30 trillion for the first time, reaching $30.01 trillion on Jan. 31, Treasury Department data released on Tuesday indicated, The Wall Street Journal reports. …

Commenting on the $30 trillion groundbreaking figure, Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget, tells WSJ: “This is a jaw-dropping number that is a real cause for concern. It is the result of both borrowing for really important crises—most notably the COVID pandemic—but also trillions and trillions of borrowing for no reason other than politicians [who] have stopped being willing to pay the bills.”

Michael Peterson, chief executive of the Peter G. Peterson Foundation, another nonpartisan group, adds, “The milestone of $30 trillion in debt should be a giant red flag for all of us about America’s future economic health, generational equity, and role in the world.” https://www.newsmax.com/finance/streettalk/us-national-debt-30-trillion-congress-biden-administration/2022/02/02/id/1055098/

The massive amount of USA debt is ” a giant red flag for all of us about America’s future economic health.” Nations around the world see this and many have taken steps to prepare to topple the USA’s economic leadership of the world.

The rate of increase of the official federal debt has been staggering.

Consider the following:

On Jan. 20, 2009, when Obama was inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to data published by the U.S. Treasury. 10/07/16 http://www.cnsnews.com/news/article/terence-p-jeffrey/debt-under-obama-9000000000000

So, in thirteen years plus 11 days after the Obama-Biden Administration first took office, official USA debt has almost tripled!

NPR reported the following I posted here last November:

Biden signs the $1 trillion bipartisan infrastructure bill into law

President Biden signed a $1 trillion infrastructure bill into law Monday, enacting a key piece of his domestic spending agenda that will funnel billions to states and local governments to upgrade outdated roads, bridges, transit systems and more.

The event — which the White House said was in front of some 800 guests, including members of Congress, governors and state and local officials from both sides of the aisle, as well as labor and business leaders — saw the president deliver on two key campaign promises: his vow to broker legislation that could get support from both Republicans and Democrats; and his pledge to get major legislation to provide badly needed money for public works projects that his predecessors from both parties tried repeatedly to move, but failed to deliver.

In the South Lawn ceremony, Biden said that people have heard “countless speeches and promises, white papers from the experts” about the need to improve the nation’s roads, bridges and other forms of infrastructure. “But today, we are finally getting this done,” Biden said. “So my message to the American people is this: America is moving again, and your life is going to change for the better.” https://www.npr.org/2021/11/15/1055841358/biden-signs-1t-bipartisan-infrastructure-bill-into-law?t=1637047023465

After posting that last November, I had the following comments and scriptures:

Change for the better?

There will be more debt!

Here are some scriptures related to that:

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…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).

7 The rich rules over the poor, And the borrower is servant to the lender. (Proverbs 22:7)

Notice how Ezekiel’s writings confirm that those who made profits improperly will be punished:

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. (Ezekiel 22:13-15)

Borrowing money that will not be paid back is a “dishonest profit” which the American and British peoples have been living on for the past several years.

Although US President Biden earlier said it would not increase the debt by one penny, he was essentially missing the fact that the “$650 billion that was already budgeted” was money that would increase the debt.

Consider further that Habakkuk 2:6-8 is a prophecy about what will happen when creditors feel that the USA has defaulted or otherwise will not pay back its debt.

Increasing debt in the Biden-Harris Administration was also discussed in my book Biden-Harris: Prophecies and Destruction as follows:

Debt is a prophesied problem (cf. Habakkuk 2:6-8). But many in the media as well as politically-inclined economists do not see it that way—but that is too short sighted (cf. Ecclesiastes 8:11).

The time will come when the U.S.A. government will no longer be able to borrow at low interest rates and/or it will create more money electronically and/or via the printing press to try to continue.

Make no mistake about it — massive inflation is coming.

The U.S.A. dollar will ultimately crash and be worthless. That “pride” of American power will be broken (cf. Leviticus 26:19).

A Biden-Harris Administration has asserted it will take debt raising steps. …

Let us also consider that there is a prophecy in Habakkuk, written about 2600 years ago, about debt which is preceded by the following:

² Then the Lord answered me and said:

Write the vision And make it plain on tablets, That he may run who reads it. (Habakkuk 2:2)

The Bible says that the ‘debt prophecy’ to be revealed later in Habakkuk 2 is so significant that those who read it should run—essentially that they should take steps because the results will be horrific. Joe Biden and many other American politicians have not run away from increasing U.S.A. debt—that will be to the nation’s peril.

The Bible warns about something that will happen to a heavily indebted nation. Notice what the Hebrew 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 … 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’? ⁷Will 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 2:2-3,6–8). …

Notice that what is to happen is so bad, that people who read the prophecy should run, when it is time for it to be fulfilled. Since that prophecy is to be fulfilled at the appointed time of the end, it is still for the future, but perhaps not too far distant in the future. No nation has ever been in as much total debt as the U.S.A. …

European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the U.S. dollar from its position as the world’s primary reserve currency. …

The Bible clearly warns against cheapening the money supply and encourages having money hold its value (Proverbs 25:4 Isaiah 1:25, Ezekiel 22:18-22). Yet policies enacted under the Obama and Trump Administrations, following certain other administrations, have ignored these warnings.

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 close to the highest amount of per capita debt {Conway E. Britain showing signs of heading towards 1930s-style depression, says Bank. Telegraph, March 16, 2009 },its fate would be similar). Destruction is coming.

However, the relationship between debt accumulation and prophesied destruction remains unapparent to many. Because there is a time lag, many ignore that there will be real consequences (cf. Ecclesiastes 8:11; Habakkuk 2:3,6-8). Yet, these increases of debt are utterly dangerous.

When the time comes that the Federal Reserve is no longer able to keep interest rates artificially low, the U.S.A. will continue past the point of no return. That will become one of the final factors that will cause creditors to rise up and destroy the U.S.A. (Thiel B. Biden-Harris: Prophecies and Destruction. Nazarene Books, 2021)

We have already seen the Biden-Harris Administration increase official USA government debt.

There are more proposals to further increase the debt as well.

Now, consider that the USA is basically believed to be the richest nation of all time.

Yet, it is also the most indebted nation of all time.

The USA is addicted to debt.

Its lusts for debt brought the following scripture to mind:

15 The leech has two daughters —
Give and Give!

There are three things that are never satisfied,
Four never say, “Enough!”: (Proverbs 30:15)

The USA has acted like an international leech.

Its leaders never have enough, so they continually take advantage of the USA dollar’s position as the world primary reserve currency and feel that they can get away with increasing debt without consequence.

That is wrong.

The USA also has no intention in ever properly paying its debts back.

That is wicked:

²¹ The wicked borrows and does not repay, But the righteous shows mercy and gives. (Psalms 37:21)

Shortly after becoming US President, Barack Obama said that the levels of deficit spending that the USA was engaging in was “unsustainable.” By definition, something that is unsustainable cannot continue indefinitely. The rise of USA debt is unsustainable, yet it is continuing at a pace which will be proven to be unsustainable in a relatively few years.

We have already seen inflation and signs of more inflation.

The biblical reality is that having so much debt will NOT end well for the USA (see also Who is the King of the West?).

Since the moral direction of the USA is going in the wrong direction, it is understandable that debt will increase. This is leading to a real disaster in the future. The USA also cannot expect to lead the world economically for that long if it is going to continue to increase its debt–that is not based on any conspiracy but economic fact as well as insight from biblical prophecy (cf. Habakkuk 2:6-8).

But no, the politicians of the USA have not listened to the Bible.

The USA still has a massive pride about its dollar. Yet, the Bible teaches:

18 Pride goes before destruction, And a haughty spirit before a fall. (Proverbs 16:18)

It is prideful arrogance that gets humans to think that they can essentially completely control the economy and just borrow and print up money. They cannot. Weather, political events, diseases, wars, morality, technology, international matters, and other factors play a role.

The Anglo-American world order will come to an end. Accumulation of debt will end up being a financial crisis beyond what most “experts” and politicians have imagined.

National repentance is needed, but is not expected. The USA and its Anglo-Saxon allies will not last to the end of this century (watch also Might the U.S.A. Be Gone by 2028?).

Some items of related interest may include:

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 Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
When Will the Great Tribulation Begin? 2022, 2023, or 2024? 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? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
Is a Great Reset Coming? Klaus Schwab of the World Economic Forum has proposed a societal change that has been basically endorsed by the Vatican and many world leaders. Does the Bible prophesy a major reset? Here is a link to a related video: Will there be a “Great Reset”?
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
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? A related sermon is also available: The Bible, the USA, and the King of the West.
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. 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.
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.