There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment. As you are about to see, there are 24 nations that are currently facing a full-blown debt crisis, and there are 14 more that are rapidly heading toward one. Right now, the debt to GDP ratio for the entire planet is up to an all-time record high of 286 percent, and globally there is approximately 200 TRILLION dollars of debt on the books. That breaks down to about $28,000 of debt for every man, woman and child on the entire planet. And since close to half of the population of the world lives on less than 10 dollars a day, there is no way that all of this debt can ever be repaid. The only “solution” under our current system is to kick the can down the road for as long as we can until this colossal debt pyramid finally collapses in upon itself.
As we are seeing in Greece, you can eventually accumulate so much debt that there is literally no way out. The other European nations are attempting to find a way to give Greece a third bailout, but that is like paying one credit card with another credit card because virtually everyone in Europe is absolutely drowning in debt.
Even if some “permanent solution” could be crafted for Greece, that would only solve a very small fraction of the overall problem that we are facing. The nations of the world have never been in this much debt before, and it gets worse with each passing day.
According to a new report from the Jubilee Debt Campaign, there are currently 24 countries in the world that are facing a full-blown debt crisis…
Everything man-made fails, eventually. And men have always been full of bad ideas and impulsive schemes. None of this is news.
What is news, and shocking news at that, is how many have turned their backs on God, and enlisted with the humanists, or the statists, or the outer fringes with their ideas which are more evil and even less stable.
There is no “permanent solution” except to put your faith in God (not man), and abide in the Law which He gave us for our own protection.
When we return to this simple truth, then we will be able to recover from our century-long orgy of greed, ignorance, and short-sighted pride.
A Jubilee is in order. The best course would be to voluntarily accept one, globally. But that will never happen, because everyone wants to keep at least some of their ill-gotten gains. Thus we insist upon the compulsory form -- a global economic collapse in which all are punished with vigor, regardless the extent of their actual culpability in creating the problem.
Hatred, jealousy, and every other form of evil will come in full measure, and the devil shall have his due -- he shall revel in the destruction of our societies, in the abasement of all people, and in every sin which will now be committed in the name of “survival”. Most are already his captives, yet still he desires more; for he is not only the father of lies, he is the source of all greed, and the inspiration of every evil act.
That which comes is Satan’s own party, and he shall be seen everywhere, dancing in the streets with his minions…
WE HAVE BEEN WARNED