Wednesday, September 1, 2010

World Monetary System

Hopefully all of our eyes have been opened to changes taking place in the global financial system. I have posted about the IMF (International Monetary Fund) in the past. Of course we watch for developments on this front because the Bible is clear that there WILL BE a unified financial system that links the globe during The Tribulation.

So check out this article in today's Wall Street Journal.

Hints Of Change In The World Monetary System

NEW YORK--Ever since its inception 66 years ago, the International Monetary Fund has fancied itself at the center of the global economy.

But only now does the prospect of a multilateral monetary authority providing stability to the international financial system seem even remotely possible. That's because for the first time in decades there are legitimate uncertainties surrounding the one institution that does play that role: the U.S. dollar.


In that context, a couple of recent IMF-related announcements are more important than they normally would be.


NOW SEE THIS...and pay attention:

Were it to take off, the IMF could evolve into a true international lender of last resort. And giving a multilateral body like the IMF more power at the expense of the U.S. would surely be preferable to having another, potentially less benign superpower simply takeover the reins.

The dollar is still king. But times are changing. It's in everybody's interest to design an international framework before the next big crisis erupts.


Holy Treasury Bond!! What?? It's in everybody's interest to design an international framework?? And the IMF could evolve into a true international lender of last resort?? What do you think will be the outcome when America (and all global investors) realizes it can't come up with $30 Trillion for Social Security, $30 Trillion for Medicare, and $10 Trillion to bail out all the state pensions and state budgets AND keep running a $2 Trillion Federal deficit?? Of course they will need to call the IMF as the last resort...and the entire world will happily walk hand and hand directly into a "one-world financial system".

And of course then we will be one HUGE STEP closer to a "one-world government"....because of course that will be needed to manage the newly formed one-world financial system.

Can you hear the jingling spurs of the Antichrist getting on his horse...making ready to ride onto the world scene for his last big hurrah??

Please pray with me; Lord, please give us the strength to keep our eyes fixed on you. Please come soon to save us from the time of trial that we all pray about in the Lord's Prayer. But even if you tarry...please give us the strength to keep the faith during persecution and hard ship that are clearly coming for planet earth. Keep our foundation planted firmly in You, and You alone.

Amen....even so, COME LORD JESUS!

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