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Tuesday, March 8, 2011

ECONOMIC NEWS UPDATE / Mar. 9, 2011

March 9, 2011

My Websites:
Signs of the End /  http://www.signsoftheend.net/  or  http://www.signsoftheend.com/

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This week I want to keep this update simple and short; the following report just about sums up what the world can expect in the coming months and years. I want to address the subject of not just the economic problems confronting the world but how we can prepare to face these problems. The Bible tells us in Proverbs 22:3A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished. So foreseeing potential problems developing is being prudent, and in these times being prudent may be the difference between life and death. Just the following two problems will cause extreme hardship for people all over the world, and the survival of billions will be at risk; the time to prepare is now!

  • Higher Energy Prices – possibly much much higher!
  • Higher Food Prices – possibly much much higher!

Article: Warning from Economic Collapse Website

People Of Earth: Prepare For Economic Disaster:It is not just the United States that is headed for an economic collapse.  The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe.”

I wish I could disagree with the author of this well written article but his logic is irrefutable. Some of the valid arguments that he makes to prove his case are as follows:

“Many analysts fear that if the crisis in Libya escalates or if the chaos in the Middle East spreads that we could see the all-time record of 147 dollars a barrel broken by the end of the year.  That would be absolutely disastrous for the global economy.”

I think that it is more likely that this 2008 record oil price will be surpassed by this summer. There is no reason to believe that The unrest in the Arab world will not spread to other oil producing countries sooner rather than later. If Saudi Arabia falls, then $200 oil within the next 6 months is a distinct possibility!

“How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent? ”

Tragically the answer to the above question is that billions of people will not be able to feed themselves, thus fulfilling many ‘End of the World’ Biblical prophesies. 

Revelation 6:8 …And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger,…

For the past several years many have understood that a crash of the global economy will literally mean the end of the world as we know it. Many people have warned, with good reason, that this day was coming in the not too distant future. It would appear the future has arrived, so how can we prepare for it? 

For a Christian, the first and foremost preparation is spiritual: to watch by studying the Word of God, Praying and Fasting…Most people, even Christians do not cherish the thought of fasting but given the real possibility of food crises developing worldwide, even in wealthy countries, this practice could prove to be of immeasurable value, both spiritually and physically. 

Physical preparation: Food, water and fuel are absolute necessities for preparing to survive a time like Katrina when all normal services and systems will no longer be functioning. Having non – perishable foods stored in your home such as grains, rice, flour, pasta, freeze dried foods; and water purification tablets or some other way of purifying water is essential. If possible, relocating to a rural area or a small town rather than living in a big city is also a good idea. 

From a financial perspective, since the whole system is going over a cliff, it would be prudent to place any savings in gold and silver bullion, coins preferably, and keep them in your possession, not in a bank safe deposit box. In times of high inflation cash loses purchasing power but gold and silver do not.
In conclusion it would be wise to remember that money, riches, gold, silver, guns etc. are not the instruments of deliverance for those who believe in Jesus Christ. Without first and foremost having faith in The Most High God, our Creator, none of these things will be able to save us. We prepare because it is the prudent thing to do but our faith is in our God alone. Wait and see how many wealthy people who boast in their riches will perish in the perilous times that lie straight ahead. 

Zephaniah 1:18
Neither their silver nor their gold shall be able to deliver them in the day of the LORD's wrath…

I close with this short video from 2007 about the collapse of the dollar; it seems what people thought impossible even 3 years ago is fast becoming reality! 




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