Chickens Come Home to Roost

With all the breathless reporting of financial collapse going on these past weeks, it's hard to figure out what's going on. Let me sum it up in very simple terms. Most American's bought lots of stuff that they couldn't afford and put it on credit. Lots of bankers got in the act of loaning money to people at outrageously cheap rates. Lots of investment bankers leveraged those loans and sold them to other investment bankers. Home values went up at near historic levels and allowed people to pull out cash from the equity in their homes. That's how the biggest spending bubble in the history of planet earth was built. Greed and instant gratification were the culprits.

Now the whole thing is coming apart and no one is sure how far it will unravel. I have used the analogy of a drunken New Year's eve party; the drunker everyone is, the more hangovers and vomiting there will be the next day. Well...we are now seeing the next day results.

If you throw in rising gasoline costs, rising food costs, rising education costs, etc...quite simply, the drunken party is over. Will there be another party or has America simply spent itself to death. Only God knows now, but I would guess there are millions of American's who had wished they would have put some hay in the barn when the summer harvest was good, because with winter coming, hay could be in very short supply. Were we good stewards with the blessings that God gave us, or did we put them all in worldly desires where moth and rust will destroy them? I think the answer is obvious. What's sad is that most of us Christians were caught up in it as much as the secular world. You would think we could have known better since the warnings are posted all over the bible. But hey...who really reads their bible anymore?

Wilfred Hahn is the author of a very good book titled, THE END TIMES MONEY SNARE. He has posted an article on another site that I will post here; http://raptureready.com/featured/hahn/h14.html