by Exit40 on Wed Sep 05, 2012 11:19 am
Well, as far as economic collapse goes, it may not happen as we think, like in major global disaster. New rules are in place with newer ones being formulated to avert the disaster scenario. The global derivative market currently runs about 600 trillion, disaster being if it is all called at once. This is not being allowed, as much a possible. For the rest of it, it takes a long time to de-leverage that amount of money, turning it back into real capital, with real value, unlike the worthless paper derivatives are. Meanwhile, the financial world is going to be a much different place in a few years. It will likely become a market place susceptible to the MOB, all in the name of sustainability, with islamic nations playing a large part as a result of energy pricing. Oil based global economy being the driving force for that, is it too hard to see what a unified islamic organization, like an expanded OPEC, might be capable of doing ? Meanwhile, Babylon will continue until very near the end, as is written in Scripture. There will be some pain, famines and pestilence in particular, but do not hurt the wine and the oil, the precious commodities of the rich of Babylon. Just something to think about.
God Bless
David
Eph 2:8 For by grace are ye saved through faith; and that not of yourselves: it is the gift of God
T'was Grace that taught my heart to fear.
And Grace, my fears relieved.
How precious did that Grace appear
The hour I first believed.