Bible Prophecy and Why It Matters. “The Coming Economic Collapse, Reset and How to Prepare”. Part 3

I have pondered many times a passage taken from Haggai 2:6-9 which is expounded upon in Hebrews 12: 26-29. The context of Haggai the prophet was to encourage the Jews and leadership who had returned to Jerusalem from their Babylonian captivity to finish the Temple project. Haggai foretold of God shaking the heavens and the earth for the benefit of His people and His Temple in which He dwelt. The author of Hebrews takes this passage and adds a twist (this was from the Holy Spirit, NOT himself) and says, “Yet once more, indicates the removal of the things that are shaken, that is, things that have been made-in order that the things that cannot be shaken may remain”. The author of Hebrews adds, “Therefore let us be grateful for receiving a kingdom that cannot be shaken, and let us offer to God acceptable worship, with reverence and awe, for our God is a consuming fire”.

What I believe is a huge shaking is coming to the corrupt financial system as we know it as well as governments, society and nature itself. The failure of central banks and decades of irresponsible Politician's who over promise and run massive deficit spending has created DEBT that is not sustainable or repayable. This is a global phenomenon. A new system will arise and I will discuss in detail shortly the possible temporary solutions that governments and bankers will implement. Some may think, “no big deal” as this will not be the end of the world. I agree, it will not be the end of the world, but it will cause serious losses to people’s wealth and deeply effect our social order most likely until the new system emerges. Those who are prepared will do far better that those who ignore the warnings.

So, what is a RESET? Historically, resets have to do with a major change in the monetary currency of the day and how they are structured. In the 20th Century there where four major monetary resets in the USA, 1913, 1933, 1945 and 1971 with President Nixon’s temporary measure caused by a gold run in the US as foreign countries demanded payment in gold rather than US dollars in trade. This provision was included in the Bretton Woods agreement after WW2 to restore global economic stability, balance and fair trade. Mr. President, we are still waiting for your temporary measure to be restored! Sorry, I never trust Politian’s who declare “temporary measures”. We in Canada are still paying Federal Income Tax that was a temporary measure to fund World War 1…go figure. Our constitution clearly states, that taxes should only be raised by Provinces. Sorry, I digress and back to the coming RESET.

If you are a student of history, you will know that all “Monetary Resets” unfold out of a currency failure, banking crisis wars, or a combination. In 1907 there were bank runs that almost collapsed the US banking system (too much debt). JP Morgan came to the rescue and refinanced the banks and of course with significant profit and consequences to the entire banking system. By 1913, JP Morgan had incredible influence and power and with seven other elites meet secretly and colluded on Jekyll Island off the coast of Georgia and birthed the Federal Reserve banking system which still exists to this day (sadly!). If you want to learn more about this I recommend the book, “The Creature from Jekyll Island”. Author: G. Edward Griffin

The Great Depression that started with the stock market crash of 1929 lead to the next reset (President Roosevelt freezes all banks in 1933 and demand’s US citizens to hand over their gold in a Nation-wide confiscation). WW2 lead to the next reset, as the world was a financial mess and broke due to the huge costs of the war. The USA funded much of the war in exchange for gold and took over as the next financial superpower (Britain was BROKE after two wars in less than 30 years). The US and it allies negotiated the next reset called the “Bretton Woods Agreement” a partial gold backed monetary system. That lasted until 1971. So, we are overdue for a RESET.

So, what comes next? Remember “Resets” are not the end of the world, they just feel like it if you are NOT prepared. Resets, usually provide a massive wealth transfer to those who know what to do. We will discuss this in more detail Lord willing in the next Blog. There are several idea’s out there what the next “Reset” will look like.

But, for the first time in history, mankind can be tracked, monitored and controlled with the stunning technological advancements of the last couple decades. China has installed “facial recognition scanners” in 16 regions of China and can scan the entire population in one second, and the worlds population in 2 seconds. The Chinese government was after a criminal, and they found him in a concert of 60,000 people using this facial scanner technology. The Chinese authorities have arrested over 2000 people in the last two years using this system. If you have ever been to London there are 1000’s of camera’s capturing ever person’s image 24/7.

We are also seeing more and more people and Nations embracing “Chipping Technology’ called RFID (radio frequency identification) and an even more advanced technology called “Chipping IoT For All” using blockchain encryption systems. Corporations are requesting implementing chipping to employee’s voluntary for identity and security purposes. Government’s all over the world would love all of to be chipped and tracked and know exactly ever transaction we make. Hey, we would not want them to miss any TAXES, especially when they spend it so wisely and for the people. (Sorry for the sarcasm!) Under the guise of advancement, security and progress the digital world will enslave us. Recently, I was at a Best Buy discussing with one of the sales clerks about a laptop and the conversation morphed to how intrusive technology has become. Then he told me he and his wife recently had a baby, and what he told me next shocked me. He said, "at the hospital the nurse recommended they micro-chip their new-born baby for identity purposes and if she ever got kidnapped they could locate her". As I said, I was shocked and thankfully he told me they refused. That is my greatest fear based on Bible prophecy (Revelations 13) and it is unfolding right before our eyes and in this generation.

All governments of the world want us “Cashless” and the developed world has increasingly accepted “Digital Money” for years. The US “SWIFT System” transfers 100’s trillions of dollars annually digitally. China and Russia have developed their own system as a rebuke to the USA and the Western Nations. All stock, bond, and currency trades are done electronically and trillions of dollars happen this way ever single trading day. All current currencies are digital debt instruments with a little bit of physical cash thrown it. Interac, credit cards and PayPal systems all digital. We are rapidly seeing “CASH” demonized and removed from our transactions. Of course, only criminals use cash. Sorry no more garage sales, unless you go crypto! With Bitcoin and hundreds of digital encrypted assets evolving both decentralized and centralized it won’t be long before cash is history. These new forms of digital systems can be used either for good or evil. Ultimately, these tools will be used by the “Antichrist One World Government System” and enslave humanity. No one can tell you exactly when this will happen including me, but at the extreme pace of change happening at this point in history; it appears it may not be to far into the distant future!

Jim Rickards has taught for years that when the financial system collapses, he believes the BIS with bail out the world banks and governments with SDR’s (Special Drawing Rights) which is a form of international reserve currency. Jim has also felt that physical gold will be added to the SDR’s to stabilize the financial system and create trust again to a failed monetary system backed by nothing; much like what the powers to be did with the Breton Woods system. Jim is a very bright individual and extremely connected in government and the banking system. Time will tell if he is right.

Sometime in the near future the system will collapse and a RESET will happen. Banks will be shut down, you will have no access to your money. Governments will enact “Capitols Controls” and initially use “Bail in Legislation” to recapitalize the failing banks. They will remind you, this is for your good even though they will steal your money right out of your bank account! This has already happened in the EU four times; just ask a Greek person what this is like. Governments and Central banks will do all kinds of new and improved manipulations, printing endless digital currency, lower interest rates again until they loss control of the markets. There will be massive deflation and when the printing press is running 24/7 it will end in HYPER-INFLATION. This story has been repeated 100’s of times in monetary history; and this time will be NO DIFFERENT.

In summary, we will eventually be 100% digital (no cash) and the technology is here today to make it happen. As Christians and true seeker’s, you need to be aware and be prepared spiritually, physically and emotionally as to where this will ultimately end. I am not looking for the Antichrist and his deceptive corrupt agenda; but neither am I blind to what is happening and nor should you be either. What I am EXCITED about is the sound of the trumpet, and the LORD JESUS gloriously returning in the clouds with all power and majesty to right all wrongs and establish His magnificent Kingdom. I trust this is your hope as well.

Next week Lord willing I will conclude this series with the very important “Practical Steps to Prepare” and possibly profit from the coming financial collapse and RESET.

From a friend, Bill W…if you have found these studies insightful and encouraging pass them on to a friend! Maranatha…Our Lord, come!