THE RECIPE FOR AN ECONOMIC DISASTER

March 30, 2016 0 Comments

We truly live in a global world economy. Every nation on earth is now dependent upon (and at the mercy of) the financial stability of other countries. What happens in Asia, or Europe, has a huge effect on the stock market of the United States. This is just another reason why I believe the coming of Christ is drawing near--the stage is being set for the fulfillment of the prophecy of Revelation 18--the total collapse of the world's economy.

By Way of Review

So far, I have given you 5 reasons Why We Are Living in The Last Days:
1. First, the REGATHERING of the nation of Israel to their homeland.
2. Second, the RISE in apostasy, leading toward worship of Anti-Christ.
3. Third, the RAPID increase in technology (internet age).
4. Fourth, the REAL prospect of tracking people by GPS chips.
5. Fifth, the RATIONALE for centralized one-world government control.
Now, today, the RECIPE for an economic disaster.

I Hate to Say It

Nevertheless, it is what the Bible says will happen. I realize this is not a popular teaching, not a "feel good" message. According to Revelation 18, someday there will be the complete collapse of the world's economy--a "crash" that will make 1929 pale in comparison. Let me briefly summarize what Rev. 18 teaches about "Mystery Babylon":

3 Important Components of This Prophecy

First, the FACT that such a monetary meltdown will occur. "Babylon the great is fallen, is fallen (vs.2). This prophecy was first made by Isaiah (see Isaiah 21:9). Babylon gets its name from the Tower of Babel (Gen. 11), and represents world unity. The term "Mystery Babylon" seems to refer to world unity in relation to finances. It is God's way of picturing a global economy.
Second, the FAST NATURE of such a monetary meltdown. "For in one hour such great riches is come to nothing!" Three times in Rev. 18 it says the coming crash will happen in just one hour! (See vs. 10, 17, 19). It won't take long for people to lose everything in their portfolios.
Third, the FEAR this awful monetary meltdown will produce around the world. "The merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore. They threw dust on their heads and cried out, weeping and wailing, and saying, 'Alas, alas, that great city, in which all who had ships on the sea became rich by her wealth! (vs. 11, 19). This is a crystal clear reference to the end of world trade as a means of ecomonic prosperity.

A Few Words of Wisdom

In light of this coming catastrophe, what are we to do? How about this: Listen to what the Bible says! "Command those who are rich in this present age not to be haughty, nor to trust in uncertain riches, but in the living God" (I Tim. 6:17). And then we have the words of Jesus: "Lay not up for yourselves treasures on earth . . but lay up for yourselves treasures in heaven" (Matt. 6:19). Jesus went on to say: "No man can serve two masters, for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and money" (vs. 24).

Where Is Your Faith?

Is your faith, your sense of security, in your bank account? I hope not, because it may be gone tomorrow--or you may be gone tomorrow! Jesus said, What shall it profit a man if he gains the whole world but loses his own soul? (Mark 8:36). Place your faith in the One who never fails and will never let you down! Jesus Christ is the only true security there is! He is always true to His Word, and faithful to His promises. A thousand years from now, that is all that will matter.

Richard Seefried
Harrisonburg, VA
Richard Seefried has a Master’s Degree in Christian Ministry, and is licensed & certified by the NCCA as a clinical pastoral counselor.