Financial Crisis Inevitable – going to end badly say the experts

If this dialogue between two well known and respected financial experts doesn’t convince you we are in the Biblical end times nothing will.

Chris Martenson of Peak Prosperity interviews John Rubino author of two best sellers “The Crash of the Dollar” and “The Money Bubble”.

You need to listen to these two experts because they know that whilst the 2008 Economic Crisis was bad, the next one is going to be humungous. Why, because governments have allowed those that created the problem which was ‘out of control debt’ to try and fix it with more debt. People who should have been jailed are still there creating another big debt bubble which is then fixed with more debt. We see the smart architects of the problem get out and sound the warning of impending disaster. They caused the problem but now want to be seen as the voice of sanity. People like Greenspan write best selling books and still earn a fortune on the author circuit.

It can only end badly says John Rubino. “Debt is growing beyond all reason, it is going to end badly, it is beyond our control”.

Governments are already preparing for civil unrest and domestic terrorism. During the 2008 crisis the government was days away from instituting martial law. Well, the debt situation is exponentially larger with no fix possible because the complexity of the deregulated financial markets is such that even the experts can’t predict what will happen, let alone governments. They will have difficulty working out what happened and who was responsible even after the collapse. Listen to some of the descriptions: “Moral corruption in governments”, “Financial markets devolving into a branch of the Mafia”, “Sound money is a moral issue”, “Need to impose financial morality on governments”.

John Rubino suggests a good solution for each of us at the end of the interview. Get together with your local community and start preparing now for the inevitable.

As Christians we know what is coming and we know the ultimate solution – Jesus ruling and reigning on this earth. In the meantime we should be doing what He taught us to pray for “Your Kingdom come, Your will be done on earth as it is in heaven”. Let us play our part in bringing His Kingdom to bear in our sphere of influence. Let our church and our families be examples of what His Kingdom looks like.

 

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