Global Financial Ponzi Scheme

Today we ran across an article that seeks to explain why the global financial network will one day come tumbling down.  He even uses the same phrase that we have used over the years..."Ponzi scheme".

The numbers that you are about to see are likely to shock you.  They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine.  As you will see below, the total amount of debt in the world is now more than three times greater than global GDP.  In other words, you could take every single good and service produced on the entire planet this year, next year and the year after that and it still would not be enough to pay off all the debt.  But even that number pales in comparison to the exposure that big global banks have to derivatives contracts.  It is hard to put into words how reckless they have been.  At the low end of the estimates, the total exposure that global banks have to derivatives contracts is 710 trillion dollars.  That is an amount of money that is almost unimaginable.  And the reality of the matter is that there is really not all that much actual “money” in circulation today.  In fact, as you will read about below, there is only a little bit more than a trillion dollars of U.S. currency that you can actually hold in your hands in existence.  If we all went out and tried to close our bank accounts and investment portfolios all at once, that would create a major league crisis.  The truth is that our financial system is little more than a giant pyramid scheme that is based on debt and paper promises.  It is literally a miracle that it has survived for so long without collapsing already.

When Americans think about the financial crisis that we are facing, the largest number that they usually can think of is the size of the U.S. national debt.  And at over 17 trillion dollars, it truly is massive.  But it is actually the 2nd-smallest number on the list below.  The following are 12 numbers about the global financial Ponzi scheme that should be burned into your brain…

Most people tend to assume that the “authorities” have fixed whatever caused the financial world to almost end back in 2008, but that is not the case at all.

In fact, the total amount of government debt around the globe has grown by about 40 percent since then, and the “too big to fail banks” have collectively gotten 37 percent larger since then.

Our “authorities” didn’t fix anything.  All they did was reinflate the bubble and kick the can down the road for a little while.

I don’t know how anyone can take an honest look at the numbers and not come to the conclusion that this is completely and totally unsustainable.

How much debt can the global financial system take before it utterly collapses?

How recklessly can the big banks behave before the house of cards that they have constructed implodes underneath them?

For the moment, everything seems fine.  Stock markets around the world have been setting record highs and credit is flowing like wine.

But at some point a day of reckoning is coming, and when it arrives it is going to be the most painful financial crisis the world has ever seen.

If you plan on getting ready before it strikes, now is the time to do so.

Here;  http://www.infowars.com/12-numbers-about-the-global-financial-ponzi-scheme-that-should-be-burned-into-your-brain/

Yes!  For the moment everything DOES SEEM FINE!!  Americans are all looking at their retirement accounts and saying, "Wow!  The stock market is way up at record highs and my account value is up about 30% in the past year!  I'm feeling great!!  I'm gonna go build a new house and buy a new truck!"

Of course, they will borrow the money to do these things...which is EXACTLY what the financial magicians of world want to happen.

But can we really just keep kicking the can down the road?  Can we really just continue racking up a lifestyle that we can't afford?  For how long can this continue?

According to this author, when it does pop (and it will) it is going to be, "the most painful financial crisis the world has ever seen."

There's that word "EVER" again!

And when it does pop...WHO might be standing by...ready to come swooping in to offer the world a solution to its massive problems...

Could it be the ANTICHRIST?

And since 2 Thessalonians is clear that the Antichrist WON'T be revealed until AFTER the Rapture....might we be much closer to that event than most people have any clue of?

2 Thessalonians 2
5 Don’t you remember that when I was with you I used to tell you these things? 6 And now you know what is holding him back, so that he may be revealed at the proper time. 7 For the secret power of lawlessness is already at work; but the one who now holds it back will continue to do so till he is taken out of the way. 8 And then the lawless one will be revealed, whom the Lord Jesus will overthrow with the breath of his mouth and destroy by the splendor of his coming.

"The one who now holds' the lawless one (Antichrist) back is the restraining power of the Holy Spirit...which indwells in all followers of Christ.  When those followers of Christ are called into the sky in the Rapture...the table will then be cleared for the Antichrist to be revealed....

Pretty exciting times!!!