Last week in Moscow, the latest G20 meeting of financial leaders and central bankers of the world's industrialized nations kicked the can of chaos just a little bit further down the road, choosing to focus on relatively minor matters such as tax evasion by multinational companies like Amazon - instead of tackling the bear of worldwide economic contagion that is breathing down their collective necks.
Sure, at the end of the meeting - a mere prelude to a gathering in September that will bring together President Obama, Russia's dictator, Vladimir Putin, and other heads of state - the G20 did issue a communiqu which would make it appear that they recognize the gravity of their problem.
Yet the G20 leaders were only posturing to try to improve their own political clout as opposed to gallantly discussing all the undesirable truths about the world economy. There was mention about growth before austerity, a ridiculous idea considering that United States and many western countries are essentially broke, with corporations large and small so exhausted by the tax burden that there is no motivation for them to attempt to spur economic growth.
As we have pointed out here many times, the Bible notes in Matthew 24 that deception will be the greatest characteristic of the last days. The G20 leaders have no idea how to solve the worldwide economic crisis, so they only try not to scare everyone.
But everyone had better be frightened. There is an antichrist and his system waiting in the wings, and global financial collapse will usher them in.
We must see the handwriting on the wall from all of this: The U.S. dollar will be replaced soon by a new world currency. The Fed is only going to prop up financial markets for so long with its continual "quantitative easing."
How long before America's massive debt obligations, which now all told come to more than $200 trillion, will simply crush our economy - and our will? Only the people controlling the purse strings know for sure.
In the midst of all this, we need the American church to become relevant again. People are leaving churches in droves because they see the world around them for what it has become, but their churches ignore the reality. wre people see the world around them and the church ignores reality.
Only recently one megachurch sponsored a speech by a monetary advisor that promoted paper investments-- going so far as to tell individuals to sell their gold and turn it into paper assets. An absurd idea considering that the dollar is only worth the paper it's published on. Do not sell your gold because it could possibly escalate to a rate of $12,000 an ounce.
Sure, at the end of the meeting - a mere prelude to a gathering in September that will bring together President Obama, Russia's dictator, Vladimir Putin, and other heads of state - the G20 did issue a communiqu which would make it appear that they recognize the gravity of their problem.
Yet the G20 leaders were only posturing to try to improve their own political clout as opposed to gallantly discussing all the undesirable truths about the world economy. There was mention about growth before austerity, a ridiculous idea considering that United States and many western countries are essentially broke, with corporations large and small so exhausted by the tax burden that there is no motivation for them to attempt to spur economic growth.
As we have pointed out here many times, the Bible notes in Matthew 24 that deception will be the greatest characteristic of the last days. The G20 leaders have no idea how to solve the worldwide economic crisis, so they only try not to scare everyone.
But everyone had better be frightened. There is an antichrist and his system waiting in the wings, and global financial collapse will usher them in.
We must see the handwriting on the wall from all of this: The U.S. dollar will be replaced soon by a new world currency. The Fed is only going to prop up financial markets for so long with its continual "quantitative easing."
How long before America's massive debt obligations, which now all told come to more than $200 trillion, will simply crush our economy - and our will? Only the people controlling the purse strings know for sure.
In the midst of all this, we need the American church to become relevant again. People are leaving churches in droves because they see the world around them for what it has become, but their churches ignore the reality. wre people see the world around them and the church ignores reality.
Only recently one megachurch sponsored a speech by a monetary advisor that promoted paper investments-- going so far as to tell individuals to sell their gold and turn it into paper assets. An absurd idea considering that the dollar is only worth the paper it's published on. Do not sell your gold because it could possibly escalate to a rate of $12,000 an ounce.
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Want to find out more about precious metal investing, then visit Anne Trimble's site on how to buy gold and silver.
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