BABYLON TO FALL
"The Great Depression was one that was so severe that in the
post-World War II era., those looking at economic cycles tried to
come up with a euphemism for 'depression.' They didn't want to
create the image of or remind people of the 1930's. Basically,
they called economic downturns recessions, and most people think
of a depression now as a severe recession." John Williams,
Economist
EDITORIAL
GREAT BABYLON FALLING
BY BROOKS ALDEN
From "Thy Kingdon Come" a pulication of the Association of the
Covenant People, Burnaby, B.C. Canada.
I remember one time as a young man standing in a brokerage office
watching the ticker tape reflecting the rapid downward trend of
all those speculative stocks in which I had invested everything.
I had lots of company, and as I looked around at the faces, I saw
a great feeling of shock and despair. We thought gambling on
speculative stocks was great fun, until the dream of riches
turned into disaster. Millions of investors experienced the exact
same thing when the market collapsed in 2008. Yet, most of them
jumped back in when it looked like a turnaround was taking place.
I received a frantic call from a reader who waited until three
months ago before summoning up the courage to try again. When the
Dow declined by nearly a thousand points on May 6th, before
leveling off at 347 points down, it was like being in that
long-ago brokerage office, seeing the face of greed changing from
smugness to fear. Everyone who is back on the losing path are
again wondering, "What's next.
I certainly don't have a crystal ball to determine the short-term
scenario but we who study the Bible, armed with the Israel Truth,
know full well the ultimate outcome, because Revelation 18:10
tells us, "...Alas, alas, that great city Babylon, that mighty
city! for in one hour is thy judgment come."
Now, we don't often do this but an article that we ran only
months ago is too important not to place before all our readers
once again. It was taken from the Nov/Dec, 2009 issue of "the
Trumpet" entitled "Great Depression ReMix" and subtitled "The
lyrics are different in 2009 [2010] than 1929 but it's still the
same song." Here are just a few of the excerpts as they compared
the 1929 Depression to current times.
* Every time stock investors thought it was safe to get back in
the dance, they just lost more money.
* Every time consumers thought it was safe to start spending job
scene hit another low note.
* Businesses couldn't hold a tune- they went bankrupt by the
thousands.
* Eight decades later, the question facing the world is this: Is
the worst really over, or is it just the opening note of a very
familiar hymn?
* In the area of trade, our world is also worse off than that of
our predecessors. Trade levels have fallen off a cliff.
* In 1930 America was a producer. Today, America is a net
consumer, relying on other nations...
* America has gone from being the world's greatest lender nation
to its greatest debtor.
* America is spending money like it is going out of style
All the money might buy a little time ... but it doesn't really
change anything. A problem caused by too much spending and debt
cannot be fixed by more of the same. History is repeating; you
can feel the rhythm. The crescendo awaits." (end quote)
Now, they may be able to summon up the resources from various
plunge protection sources to turn things around temporarily but I
do believe the jig is up because the entire world is sitting
on a powder keg. The question is, "who will light the fuse," will
it be the one-worlders who perhaps see this present course as a
planned step toward their longsought goal. Or will it be the
oneworlders, but directed by God Almighty, who is using them to
destroy their own selves. I like the way the Knox Version of the
Bible describes their fate, "You have feasted here on earth, you
have comforted your hearts with luxuries on this day that dooms
you to slaughter." (James 5:5)
.....
* Even after Black Tuesday in the 1930's, they called the economy
"fundamentally sound." Does this sound familiar?
* Since 1933, inflation has increased by 1,627%
* Today's real unemployment is close to the 25% figure often
cited for the worst levels of the Great Depression
* The Depression of the 1930's was deflationary, today it is on
the road to hyperinflationary.
Courtesy "The Panic is On" by Keith Johnson
SO, WILL WE SOON SEE ECONOMIC BABYLON FALL?
......
It will not be the "one-worlders" who will bring prophecy to the
end times in this age. We are NOT yet ready for the end. Evil
must still abound even more, and the love of many wax cold.
Europe will be the Beast/Babylon of the book of Revelation. She
has yet got much to form and develope with the Roman Catholic
church. But it will get there. The RC church, now via the Pope
has publically denounced her sin of sexual abuse among some
priests. She will put on a face of repentance. Many will again
believe she is God's true church. A false prophet must come, who
can work miracles of sorts. We are not there yet.
BABYLON EUROPE WILL NOT FALL ANY TIME SOON, FOR SHE HAS YET TO
ARISE AS THE LAST RESURRECTION OF THE HOLY ROMAN EMPIRE!
Keith Hunt
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