This is Part 3 of an article series which takes a look at current events in relationship to biblical prophecy to explain why America may never recover from the current recession.
If the global recession turns into a global depression, the nations of the world would be tossing and turning like waves in the sea in a desperate state of confusion as they try to make any sense of the economy.
The most troubling problem in any economy is unstable prices. Unstable prices are when the cost of goods and services constantly change, making it nearly impossible for companies to predict costs and revenue.
Global unstable prices could only result from one thing and that is currency fluctuations. Stable currency ratios are more important than ever before in history because of the many international organizations that depend on prices to remain relatively the same.
Just yesterday Google reported that its earnings would have been $375 million higher if the dollar would not have rallied last quarter, because 53% of its income is derived from outside the US.
Major currency fluctuations can cause nations to default on their debts and investors to sell off their currencies as their credit ratings drop which is what happen last year in Russia.
Currency fluctuations are the result of inflation and inflation is what the central bankers’ all over the world are creating at an alarming rate. The Obama team is leading the world by printing trillions of dollars and convincing many nations to do the same.
In the next few years, global inflation could terrorize the economy of many nations. Borrower nations like America will suffer the most as their currencies are reduced to their level of savings and productions.
Global Economic Meltdown
The current global economy could get a lot worse in the next several years, creating the perfect storm in which the Anti-Christ is going to be revealed to the world.
Rev 13:1-2, “And I saw a beast coming out of the sea.”
Later in Revelation we find the following description of the sea. "And he saith unto me, The waters which thou sawest, where the whore sitteth, are peoples, and multitudes, and nations, and tongues." Rev. 17:15
The book of Daniel also tells us that he will be prosperous at whatever he does. Why would that matter, unless the world was in financial distress?
The Anti-Christ will come out of a sea of nations that are tossing and turning in economic distress without a direction or a leader.
The policies of the central banks around the world are in the process of creating the global inflation what could create this type of global financial distress.
If this is what the world economic situation will be like in a few years, than perhaps America is not going to recover from the current deepening recession.
Another possible case for America not to recover from the recesion is the rapture. If the rapture were to remove a large portion of the population of America, its economy would quickly fall into a major downturn.
The rapture is an event that appears to be just before the Anti-Christ is reviled to the world.
2 Thessalonians : Concerning the coming of our Lord Jesus Christ and our being gathered to him, we ask you, brothers, not to become easily unsettled or alarmed by some prophecy, report or letter supposed to have come from us, saying that the day of the Lord has already come. Don't let anyone deceive you in any way, for (that day will not come) until the rebellion occurs and the man of lawlessness[a] is revealed, the man doomed to destruction. 4He will oppose and will exalt himself over everything that is called God or is worshiped, so that he sets himself up in God's temple, proclaiming himself to be God.
Don't you remember that when I was with you I used to tell you these things? And now you know what is holding him back, so that he may be revealed at the proper time. For the secret power of lawlessness is already at work; but the one who now holds it back will continue to do so till he is taken out of the way.“
The one who holds back the Anti-Christ is the Holy Spirit that Jesus left us. He is the same one that dwells within each believer of Jesus Christ. Many scholars call this event the rapture, when the believers are removed from the earth and the Holy Spirit with them.
In part 1 and part 2, I showed how many things will happen after the rebirth of the state of Israel and these things that are coming make no reference to America as a superpower or even a world power. Perhaps America may never recover from the deepening recession as power is shifted to other parts of the world to bring about these prophecies.
In part 4, I am going to look at how global climate change will increase in frequency in the last days and how this proves that we are indeed in the ‘last days’ and just how foolish the politicians have misunderstood this and have recently created policies to decrease the economic influence of America.
Part 1: The Rebirth of the State of Israel
Part 2: Israel Becomes the Center of World Conflict
Part 3: The Anti-Christ Will Come to Power When the Nations Are in Extreme Financial Trouble
Part 4: Global Climate Changes will Increase in Frequency
Part 5: America is Not Recorded as a Superpower in the Last Days