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Iranian Video Says Mahdi is 'Near'

By Erick Stakelbeck

CBN News Terrorism Analyst  Monday, March 28, 2011

http://www.cbn.com/cbnnews/world/2011/March/Iranian-Regime-Video-Says-Mahdi-is-Near-/

 


New evidence has emerged that the Iranian government sees the current unrest in the Middle East as a signal that the Mahdi--or Islamic messiah--is about to appear.

CBN News has obtained a never-before-seen video produced by the Iranian regime that says all the signs are moving into place -- and that Iran will soon help usher in the end times.

While the revolutionary movements gripping the Middle East have created uncertainty throughout the region, the video shows that the Iranian regime believes the chaos is divine proof that their ultimate victory is at hand.

'The Coming is Near'

The propaganda footage has reportedly been approved at the highest levels of the Iranian government.

It's called The Coming is Near and it describes current events in the Middle East as a prelude to the arrival of the mythical tweflth Imam or Mahdi -- the messiah figure who Islamic scriptures say will lead the armies of Islam to victory over all non-Muslims in the last days.

"This video has been produced by a group called the Conductors of the Coming, in connection with the Basiji -- the Iranian paramilitary force, and in collaboration with the Iranian president's office," said Reza Kahlil, a former member of Iran's Revolutionary Guards who shared the video with CBN News.

Kahlili, author of the book, A Time to Betray, worked as a double agent for the CIA inside the Iranian regime.

"Just a few weeks ago, Ahmadenijad's office screened this movie with much excitement for the clerics," Kahlili told CBN News. "The target audience is Muslims in the Middle East and around the world."

To watch the video in its entirety, visit Kahlili's website.

The video claims that Iran is destined to rise as a great power in the last days to help defeat America and Israel and usher in the return of the Mahdi. And it makes clear the Iranians believe that time is fast approaching.

"The Hadith have clearly described the events and the various transformations of countries in the Middle East and also that of Iran in the age of the coming," said a narrator, who went on to say that America's invasion of Iraq was foretold by Islamic scripture--and that the Mahdi will one day soon rule the world from Iraq.

Other 'Prophetic' Signs

The ongoing upheavals in other Middle Eastern countries like Yemen and Egypt--including the rise of the Muslim Brotherood -- are also analyzed as prophetic signs that the Mahdi is near -- so is the current poor health of the king of Saudi Arabia, an Iranian rival.

"Isn't the presence of Abdullah, his illness, and his uncertain condition, great news for those anxious for the coming?" asks the narrator.

Iran's supreme leader, Ayatollah Khameini, and Hassan Nasrallah, leader of Iran's terrorist proxy Hezbollah, are hailed as pivotal end times players, whose rise was predicted in Islamic scriptures.

The same goes for Iran's President Mahmoud Ahmadenijad, who the video says will conquer Jerusalem prior to the Mahdi's coming.

"I think it's a very grave development," Mideast expert Joel Rosenberg, author of The Twelfth Imam, told CBN News, "because it gives you a window into the thinking of the Iranian leadership: that they believe the time for war with Israel may be even sooner than others had imagined."

Kahlili says The Coming is Near will soon be distributed by the Iranian regime throughout the Middle East.  He explained that their goal is to instigate further uprisings in Arab countries.

 

END  OF  THE  AGE  ECONOMICS 

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 U.S. FEDERAL  DEBT

In 1980 the total federal debt was $ .7 trillion.

     From 1980-89 the federal debt increased $1.4 trillion.

By 1989 public debt was at $2.1 trillion.

Jan. 2009, the total federal debt stood at 6.3 trillion. 

Aug. 2010 the total federal debt grew to $8.8 trillion;

     An increase of $2.5 trillion.

     “CBO  estimates that the deficit for 2010 will exceed $1.3 trillion”.

 

2011 deficit is expected to be the second-largest shortfall in the past 65 years: At 9.1 percent of gross domestic product (GDP), that deficit will be exceeded only by last year’s deficit of 9.9 percent of GDP.”

At this rate the U.S. ECONOMY will be bankrupt in the very near future resulting in hyperinflation, a further decline in the economy and job losses.

 

The folks at the Office of Management and Budget have released an update of the budget deficit as of 6/2010. The latest estimate shows the budget deficit reaching a record $1.47 trillion this year. The government is now borrowing 41 cents of every dollar it spends.

The forecast for the U.S. is incredibly dire. The gap for 2011 is only seen narrowing to $1.42 trillion. Projections show the U.S. national debt doubling between now and 2020, when it’s forecast to hit over $26 trillion.

These latest figures show the debt will top 100 percent of the nation’s Gross Domestic Product in 2012.

People seem to have adopted a “what-I-don’t-see-can’t-hurt-me” mindset. When the financial system breaks down, people may be shocked at how fast our economy implodes.

America is too big for any bailout. At best, the world could put together a trillion-dollar rescue package. We would burn that amount of money in a matter of months. If we should collapse, the rest of world will either seek shelter or try to profit from our downfall.

A huge financial collapse is headed our way. The timing seems to imply that it has a strong link to prophecy. The only rescue package is the one from the Lord Jesus Christ.

“Watch ye therefore, and pray always, that ye may be accounted worthy to escape all these things that shall come to pass, and to stand before the Son of man” (Luke 21:36).

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Historian warns of sudden collapse of American ‘empire’

Aspen Daily News (Link) - Brent Gardner-Smith (July 14, 2010)

Harvard professor and prolific author Niall Ferguson opened the 2010 Aspen Ideas Festival Monday with a stark warning about the increasing prospect of the American “empire” suddenly collapsing due to the country’s rising debt level.

“I think this is a problem that is going to go live really soon,” Ferguson said. “In that sense, I mean within the next two years. Because the whole thing, fiscally and other ways, is very near the edge of chaos. And we’ve seen already in Greece what happens when the bond market loses faith in your fiscal policy.”

Ferguson said empires — such as the former Soviet Union and the Roman empire — can collapse quite quickly and the tipping point is often when the cost of servicing an empire’s debt. “It will be the case in the next five years.”

The U.S. is now deeply in the red as a country because of a combination of the Great Recession, the resulting federal stimulus and financial bailout programs, two wars, the Bush tax cuts, and a growth in social entitlement programs.

And economic debt can lead to a sudden loss of military power and global respect, Ferguson said.

“By combating our crisis of private debt with an extraordinary expansion of public debt, we inevitably are going to reduce the resources available for national security in the years ahead,” Ferguson said. “Because as a debt grows, so the interest payments you have to make on it grow, even if interest rates stay low. And on current projections, the federal debt is going to be absorbing around 20 percent — a fifth of all the taxes you pay — within just a few years.

“The item of discretionary federal expenditure most likely to be squeezed is of course defense. And there are lots of historic precedents for that,” said Ferguson, who is the author of “Empire: The Rise and Demise of the British World Order and the Lessons for Global Power.”

Ferguson said the financial crisis that started in 2007 “has accelerated a fundamental shift in the balance of power,” with the U.S. shedding power and China absorbing it.

Posted at 10:19 PM in America, Economic Crisis | Permalink

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A Bushel of Wheat for a Penny Part 1: Commodity Money and Fiat Money

Fiat Money

A government puts fiat money into circulation first by connecting it to a gold or silver standard, but then cuts the link and says that gold and paper are no longer convertible, making the piece of paper “legal tender for all debts public and private.” It is obvious that debtors would be very happy if the paper money lost its value because they could pay their debts with inflated currency.

Today, fiat money will always bring on inflation for two reasons: 1) Politicians like to induce inflation because it gives the people the illusion of prosperity and 2) its declared value is much higher than the cost of producing it. Whether it is a $1 or $100 bill in fiat money, it costs only 4 cents to produce. In today’s electronic age, the production cost for new money is zero since money creation is just a keystroke and an entry in cyber-space. On the other hand, in history, if you had a $20 gold piece, the cost of that gold piece, less the cost to produce it, was about $20.

Inflation Always Follows Fiat Money

The history of price inflation in the United States is repeated in every country that uses paper money. When a government inflates its currency, it increases prices by reducing the purchasing power of the money. The short-term effects though, can seem to be positive. Like a drug addict, inflated money gives the illusion of prosperity, making people feel good. But like the addict, withdrawal follows the high.

At first, the surge of more money makes people feel good because they can pay off their debts with cheaper money and they seem to have more disposable income. As prices catch up, people then find it more expensive to live. In addition, their tax burden goes up, since many government taxes are progressive in nature, meaning the percentage tax increases as in-come or asset values (houses, cars, etc.) increase. Eventually the market will try to correct itself and a depression will follow.

At this point, people start to feel the pinch of their money buying less. They demand that their government do some-thing. Since studies have shown that voters only have a memory of one year when it comes to politics, politicians will make sure that the economy is good in an election year.

They will artificially stimulate the economy to give voters the illusion that times are good again and reelect the incumbents. This lasts only so long and inflation, with its problems kick in again. This cycle of increasing the currency supply and price inflation ultimately ends with the collapse of the currency, sometimes preceded by hyperinflation. (Hyperinflation and its cultural effects will be covered in Part 3 of this series.) Surprisingly, the country has not learned its lesson and the devalued fiat currency is replaced with yet another fiat currency.

One way to balance the national books is to implement harsh and unpopular spending cuts. Another way is to default on their debt. This would seriously damage the Euro as other countries look at default as a way out of their financial problems. (In fact, financial experts are predicting the demise of the Euro in as early as five years.) A third way out is to separate itself from the Euro, go back on the drachma (fiat currency again) and then set an exchange rate of the drachma to the Euro at an artificially high number. The cycle of fiat money would then begin again.

As long as a country is on a fiat currency, inflation is sure to follow. Using a fiat currency could well reduce a civilization to work an entire day for a “bushel of wheat.”

In Part 2 of this series we will look at central banking and how the banks can change a society.

When exactly did the financial crisis begin? - What day did it begin?

http://www.bizjournals.com/pittsburgh/stories/2008/09/29/daily1.html

Dow plunges 777 points at Monday's close

Date: Monday, September 29, 2008, 10:23am EDT - Last Modified: Tuesday, September 30, 2008, 6:00am EDT

As the House of Representatives voted down a $700 billion bailout of troubled financial institutions, the Dow plunged more than 700 points by Monday's close.


Read more: Dow plunges 777 points at Monday's close | Pittsburgh Business Times

That day was?  The day of trumpets - Rosh Hashanah - 7 years before the day of Trumpets in 2015.  Why should that be significant?

http://www.watch.org/showart.php3?idx=104119&rtn=/index.html&showsubj=1&mcat=24

Reading through the Bible, we find that 777 is always connected to the judgment of God in some way - 7 priests blowing 7 trumpets marching around the walls of Jericho for 7 days ,and the walls coming crashing down on the 7th day at the sounding of the 7th trumpet, the 7th time the people marched around the walls.  Noah's father Lamech, representing the last generation to die before the flood, dying in his 777th year.  The words "noises, thunderings, lightings and an earthquake" accompanying the 7th seal, the 7th trumpet and the 7th bowl of wrath.  The Hebrew root word shaba (the root of shabat) means "to be complete".  We all know the cycles of 7 - 7 days, 7 years, 7x7 years etc.  King of Babylon being judged for 7 years when he ate grass like a beast.

But when 7 is found three times in scripture, it always has to do with the judgment of God.

But why should 777 coming seven years - to the very day - before the Day of Trumpets in 2015 be significant?

Nobody would deny that the world's financial system is the modern-day "walls of Jericho", and nobody would deny that the NYSE represents the world financial system and world economy.

So if the world's financial system and economy can be likened to "the walls of Jericho", and these walls came crashing down by 777 points on 29 Sept 2008 - 7 years to the day (because it was Yom T'ruah/Rosh Hashanah) before Yom T'ruah in 2015 (which marks the end of the two Biblical years during which the first and last "Divine appointed times" of the Biblical calendar - each a 7-day feast - will be marked by a blood-red moons, or total lunar eclipses) - then this is significant.  S the world's politicians erected a plastic wall in its place called "credit"?  Does that mean that that plastic wall is going to hold?  Well, we have had warnings by many economic experts that that plastic wall is not going to hold for much longer.

"And that's all I have to say about that".

Regards,

Andre Schreiber
South Africa  

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This year, US public debt could reach end game

Asia News (Link) - Maurizio d’Orlando (March 3, 2010)

For at least four years, AsiaNews has sounded the alarm bells against the risks due to the huge size reached by speculative finance[1]. In 2008, we said that the attempt to save US banks could push the US debt beyond the point of solvency (see Maurizio d’Orlando, “US debt approaches insolvency . . .,” in AsiaNews 19 December 2008)2. Back them it could appear a bit overblown, but now even US Federal Reserve Chairman Ben S Bernanke is warning the US Congress about the danger. In a statement before the House Financial Services Committee,3 he said that the US public debt might no longer be sustainable very soon. Financial jargon aside, the subtitle of an article by The Washington Times—Stage is set in U.S. for a Greek tragedy—says it all. Interviewed for the article, Bernanke says the United States is likely to face a debt crisis like the one in Greece sooner than later, “not something that is 10 years away.”

In 2008, the size of the debt was such that it was quite clear that it was not sustainable. Now we have a timeframe to measure the likelihood of insolvency for the US public debt, and it is this year. The reason for that is described in an article whose title needs no explanation: The bankruptcy of the United States is now certain.”4

The abyss of debt

In 1999, two well-known economists—Alan Greenspan and Pablo Guidotti—published a formula in an academic paper. Kept secret for a long time, it is designed to predict with precision when a country’s public debt will lead it to be insolvent. Called the Greenspan-Guidotti rule, it says that to avoid a default, countries should maintain hard currency reserves equal to at least 100 per cent of their short-term foreign debt maturities.

By the end of 2010, the US Treasury will have to refinance US$ 2 trillion in short-term debt, plus additional deficit spending for this year, estimated to be around US$ 1.5 trillion (US$ 1.6 trillion today two months after the original article was published). Together, the US Treasury will need to borrow US$ 3.5 trillion (US$ 3.6 according to this writer) in just one year.

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