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4077
“World Wide Economic Collapse”
by Art Sadlier   
November 1st, 2008

Those who study Bible prophecy understand that in the Last Days a new world financial system will be established under a world government. Under this system no one will be able to buy or sell without having the mark of the beast.

And He causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”

Rev. 13: 16 - 17.

The debt ridden world will gladly accept this world-wide cashless monetary system. Debt will be cancelled and people and nations will start anew with the promise of great prosperity.

The US is now 11 trillion dollars in debt, that is 11,000 billion dollars. This is a debt which can never be paid. The situation is, in fact, even worse; debt and unfunded liabilities promised through entitlement programs, are now over 50 trillion dollars. It is impossible to raise that sum, thus the US is theoretically bankrupt.

The US is not alone in this situation, all of the world’s nations are under a crushing load of debt, including third world nations. The current financial crisis threatens the entire world.

The mortgage loans crisis is only the tip of the iceberg, the following news item reveals a much more serious situation, “While financial experts were concerned with the housing bubble and mortgage-backed securities, Dorgan and Buffet were focusing on what many now believe may be the next big shoe to drop – the credit derivatives market, better known as credit default swaps.” “Billionaire investor Warren Buffet followed with his own warning, calling derivatives ‘weapons of financial mass destruction’ controlled by ‘madmen ‘”.

The call has gone out for all nations of the world to participate in a summit to draft a new monetary world order. The word is, that this summit will be but the first in a series of meetings to solve this problem. However, it seems there are already differences of opinions on how to proceed, a man of unusual abilities will be required.

"There is on the horizon a coming monetary and financial collapse. This collapse will not take the elite of the world by surprise. I believe they not only know that this day is coming, but that they have long planned for it.

Satan has also long planned this collapse of the present monetary system and he has his man waiting in the wings to bring a temporary and false solution. His solution will bring a cashless society, the 666 mark of the beast and the economic enslavement of the whole world.

Our materialistic society will be thrilled thinking they have been spared economic disaster.

How this will unfold and the pace of the process is unknown to us; but I believe the process has begun and that it will unfold steadily if not rapidly. My believer friends, get serious about the Lord, you will soon stand before Him. Art Sadlier

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