Note: This paper was written over 4 years ago, & today in 2022, the US National Debt is over $30 trillion, & growing inexorably. The recent Covid Pandemic the past 2 years since 2020, has caused the US Gov’t debt to expand over $10 trillion, due to stimulus money given to the states, corporations & individuals. The demise of the US$ appears to be imminent! The Euro, Japan Yen, the British pound are also in similar bad shape. Drgold 6/25/22


America’s Mega Debt Bomb Crisis 

America, once the greatest nation that ever graced this planet, was the richest nation, with the greatest economy, the strongest military, the financial capitol of the world, and a world-class industrial nation. America was an agricultural, commercial, economic, financial, and industrial superpower! The US$, the world reserve currency, was desired and held by every nation. America once ‘a creditor nation’ that financed the growth of many other countries since World War II, is now heavily in spiraling financial debt today.

It took the US over 200 years till 1982 to reach $1 trillion in debt. The US debt then doubled to $2T in 4 years; doubled again to $4T in 6 years, and to $8T in another 14 years, and doubled again to $16T in 6 years by 2012. The US national debt now stands at $21 trillion in 2018, equivalent to over $65,000 for every man, woman, and child. Recently, the US added $1 trillion in debt in just 12 months. In summary, America’s national debt has grown over 21 times or 2100% in a matter of only 36 years, or over 58% annually per year. With rising interest rates, America will never be able repay her debt.

Since the removal of the gold backing of our US$ in 1971 by Pres. Richard Nixon, the Federal Reserve System has inflated our money supply such that one US$, once worth 100 cents in 1913, is now worth less than 4 cents today. The FRS has printed huge amounts of paper money called quantitative easing to stave off the 2008-2009 stock market collapse such that our national public debt has skyrocketed. As of Dec 2017, there were $6.3 trillion in US Treasuries held by foreign nations of which over $4 trillion was held by official accounts: central banks, reserve managers, sovereign wealth funds, and others. Chinese holdings of US Treasury securities are the most at $1.2T, #2 Japan holdings are $1.1T, and Ireland with $327B ranked a distant third. Public holdings of US Treasury securities stood at $15 trillion, currencies with little or no gold backing.   

America’s Burgeoning Consumer Deb

Meanwhile consumer debt, as opposed to that of a business or the gov’t, has also risen sharply. Due to easy credit and low interest rates, consumers have gone on a wild borrowing spree such as never seen before. As of Dec 2017, consumer debt grew 5.8% in one year and stands at a record $3.84 trillion. Here is a breakdown of the mountainous debt that Americans hold: student loans $1.5T, auto loans $1.2T, credit card debt $1T; other loans $1.5T. Mortgage outstanding stands at $8.3T, for a total of $13 trillion of total consumer debt. When you add all debts up, student loans, auto loans, credit card loans, personal loans, mortgages, municipal, States, and corporate debts, they would triple the US $21 trillion debt to over $60 trillion. Rising interest rates, increased taxation, and a slowing economy, will exacerbate America debt problem, and will bankrupt more municipality.

Conclusion:  America is heading for a Mega-Debt Bomb explosion such as never happened before!  According to the 2017 Mercatus Center study, Illinois, Kentucky, Maryland, Massachusetts, and New Jersey are 5 states already on the verge of bankruptcy, due to cash shortage, large debt obligations and huge unfunded pension and healthcare liabilities. Also these cities are already bankrupt: Jefferson Falls, AL; San Bernardino and Stockton, CA; Detroit, MI, and Central Falls, RI.   Puerto Rico, a US territory, bankrupt even before Hurricane Maria struck in Sep 2017, is now in a more horrific state.

Should there be a 50% or more stock market crash similar to the last 2008-2009 stock market collapse nearly 10 years ago, many cities and states will become bankrupt. Unfunded pension and healthcare liabilities would skyrocket, the economy would crash and tax revenues to the states and  municipalities would shrivel and suffer greatly, causing another Great Depression. The Bible gives an account of a terrible 7 year famine in the Middle East, when the money failed and one ruler took over the world! 

The Story of Joseph- Extreme Famine and When Money Failed

Most Bible students know the story of Joseph, ruler over all the land of Egypt, and the great 7 year famine some 3800 years ago, there and in the land of Canaan. God chose Joseph to be the savior of the world by the supernatural wisdom given him. Joseph said to Pharaoh ‘And there shall arise after them 7 years of famine; and all the plenty shall be forgotten in the land of Egypt; and in the land of Canaan and the famine shall consume the land’ Ge41:30. Prior to the famine, Joseph had Pharaoh store up the corn during the 7 years of plenty. When famine hit, multitudes went to Egypt to buy food in order to survive. They came with their asses to purchase food to bring back to their respective homes.

Ge47:13-15 state ‘And there was no bread in all the land; for the famine was very sore, so that the land of Egypt and all the land of Canaan fainted by reason of the famine. And Joseph gathered up all the money that was found in the land of Egypt, and in the land of Canaan, for the corn which they bought: and Joseph brought the money into Pharaoh’s house. And when money failed in the land of Egypt, and in the land of Canaan, all the Egyptians came unto Joseph, and said, Give us bread: for why should we die in thy presence? for the money faileth’.

After the money failed, the people gave their cattle and land for food. After everything was given away, the only thing left was the people themselves! They became willing slaves of Pharaoh, as they expected him to provide for them to keep them alive! As history tends to repeat itself, the US$ and all paper currencies will  also one day fail, a great famine will repeat, and many people will be enslaved or die for lack of food!

This Biblical account of the ancient great famine in Egypt, the transition from the lack of food, to the loss of money, to the loss of personal property, to the final loss of their personal freedom represents a type and shadow of the forthcoming New World Order spoken of in the book of Revelation chapter 13. Anyone not worshipping the image of the AntiChrist, the One World Ruler, in the coming One World Religion, One World Gov’t, One World Economy and One World Currency will be killed. All paper money including gold and silver will not be good, and everyone must also take some kind of mark of the Beast, Mr. 666 new cryptocurrency, in order to buy or sell, and to basically survive.

         One of 13 Endtime Masonic New World Order Murals                             Denver International Airport (1995)

Re13:15-18 state And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed. And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred three-score and six (666)’.

But Re14:9-11 state ‘If any man worship the beast and his image, and receive his mark in his forehead, or in his hand, The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb: And the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name’. Our only survival is to pray and to trust in God for help, to ‘..lead us not into temptation, but deliver us from evil’ as Jesus taught us to pray in Mt6:13.  

The World Debt Bomb Crisis

America is not the only country having a serious mega debt bomb problem. As of 2016, while the US debt was about 107% of its GDP (gross domestic productivity), other countries have as much or more debt than their GDP. If world trade should slow due to increased tariffs, trade wars, stock market crashes, famines and/or nuclear wars, this will bring forth an economic Great Depression greater than that of the 1930s. Historians agree that the trade war of the 1930’s was the precursor to World War II. Major countries also with high debt to GDP, are Japan 238%, Italy 127%, Singapore 111%, France 90%, England, 85%, Germany 82%, Israel 70%, and China 66%; surprisingly Russia, only 11%. 

Looming Heavy Tariffs and International Trade Wars

Recently, US Pres. Trump announced levying heavy tariffs on imported steel by 25%, and aluminum, 10% to increase American jobs in those sectors. This action could hurt a number of industries including automakers and suppliers, boat and plane manufacturers and even beer companies. But Pres. Trump struck a defiant tone saying trade wars were good and easy to win, after his plan to put tariffs on steel and aluminum imports triggered threats of retaliation from trading partners and a slide in stock markets. Nations in the European Union vowed retaliation which could precipitate into an international trade war, which has been blamed for past severe stock market crashes. France said the duties would be unacceptable; China urged Trump to show restraint. Canada, the biggest supplier of US steel/aluminum said it would retaliate if hit by US tariffs.

According to the Institute of International Finance, global debt is over $217 trillion, while others would put this number much higher. Of course everyone knows that our planet is drowning in debt, but most people never stop to consider who owns all of this debt. Pr22:7 declares ‘The rich ruleth over the poor, and the borrower is servant (slave) to the lender’. When the ephemeral worldwide stock and bond markets collapse, most wealth, public, private, and personal will suddenly disappear, and a horrible economic depression will set it! 

Venezuela- Modern Day Money Failure and Collapse

Venezuela, a Latin American country, is a recent sad example of extreme debt, money failure, hyperinflation, shrinking daily necessities, soaring hunger, expanding poverty, and desperate lives. Venezuela went from a rich democracy to a dictatorship and is now on the brink of a total collapse. Inflation now over 15000% has devastated living standards. It was once a rich oil producing country with a population of over 30 million, but now has unbearable debt, with constant shortages of food, water, medicine, and electricity since the mid 2015. People are so hungry that even some zoo animals have been eaten; also birds and rats. In 2017, the average weight loss was 24 pounds.

Poverty and hunger rates continue to soar as Venezuela’s economic crisis has left store shelves bare of food and basics. Newborn babies have been discarded in trash cans due to mothers unable to care for them. Some parents no longer able to feed their children, have given them up to be cared by orphanages. A recent university study of the devastating economic crisis and food shortages, shows 90% of Venezuelans now live in abject poverty. People are starving by the thousands, and stories of cannibalism and extreme violence are not uncommon. Youth gangs have formed to loot, steal, and kill for food.

Transitioning Into the New World Order

Is this a harbinger of what will happen to the rest of world when the stock and bond markets collapse along with all paper money such as the US$, Canadian$, Euro, Yen, Yuan, Swiss Franc, and the British Pound? Presently, there are over 2000 new money called cryptocurrency in existence all over the world. Bitcoin, invented by a mysterious Satoshi Nakamoto, and up over 1500% since 2009, is the largest cryptocurrency in value today. When our present US$ money fails, will we use the Bitcoin or some other kind of new ethereum to buy and sell? Has any of us ever experienced a famine anytime in our lifetime? Has there ever been a lingering famine in America or worse, a worldwide one lately?

Since 1935, on the obverse side of every 1US$ bill is a logo of an uncapped pyramid prophesying the coming of a New World Order. Could a US$ collapse cause a mega disaster and bring us into the New World Order of control, containment, confiscation, martial law, and a police state? Could a nuclear WW3 and an embedded worldwide mega debt bomb explosion cause a major famine which will usher in the New World Order and the AntiChrist Beast system prophesied in Revelation 13? The likelihood for all this to happen soon appears shockingly very high!

Biblical Scenario Leading to the New World Order

There are many Bible verses that describe the Endtimes leading to the New World Order before Jesus returns to establish His earthly kingdom. The prophet Isaiah declared ‘..behold, the darkness shall cover the earth, and gross darkness the people..’ Is60:2; Behold, the LORD maketh the earth empty, and maketh it waste, and turneth it upside down, and scattereth abroad the inhabitants thereof.. The land shall be utterly emptied, and utterly spoiled.. The earth mourneth and fadeth away, the world languisheth and fadeth away, the haughty people of the earth do languish.. Therefore hath the curse devoured the earth, and they that dwell therein are desolate: therefore the inhabitants of the earth are burned, and few men left Is24:1-6.

Jesus said ‘..For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places. All these are the beginning of sorrows’ Mt24:6,7. Jesus said the onslaughts of these events will fully play out when ‘iniquity shall abound, the love of many shall wax cold. But he that shall endure unto the end, the same shall be saved..’ Mt24:12,13. The apostle Paul said ‘This know also, that in the last days perilous times shall come’ 2Ti3:1; ‘..that day shall NOT come, except there come a falling away first, and that man of sin be revealed, the son of perdition’ 2Th2:3, referring to the False Prophet. John wrote ‘it is the last time: and as ye have heard that antichrist shall come..’ 1Jn2:18. These verses are the prelude to the coming New World Order.

The New World Order- the AntiChrist Beast System

The NEW WORLD ORDER will come forth coincident with a global trade war, stock/bond market crash, a worldwide mega debt explosion, a major nuclear war, and a widespread famine. The New World Order is already transitioning in America with our old ways being phased out and the new ways phased in. Lack of money and food, gun control and disarmament, will be used as means to control the masses. When the forefathers  passed the 2nd Amendment of the US constitution the right to bear arms’ in 1791, they believed ‘With guns, we are citizens, w/o guns, we become slaves’. Yet there has been a great push to disarm America over the past decades, and one day soon, we will also be not only cashless, but defenseless. The One World Government will arise under a One World Ruler, a One World Cashless Economy, and a One World Religion!

Israel- God’s Centerpiece For the Endtimes; a Cup of Trembling and a Burdensome Stone

How the nations of the world treat Israel will determine their blessings or curses. About 4000 years ago, God told Abraham (then Abram) ‘I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing: And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all families of the earth be blessed’ Ge12:2,3. The Bible states Israel, the descendants of Abraham, Isaac, and Jacob is that nation. Isaiah foretold ‘.. Shall the earth be made to bring forth in one day? or shall a nation be born at once?’ Is66:8. After being scattered over 2500 years due to wars, Israel was declared a nation once again by the United Nations, and given a homeland on May 14, 1948 fulfillinga nation born at once.

While Israel will celebrate her 70th Anniversary on May 14, 2018, the Muslim nations are incensed and planning a war! The Palestinians, backed by other Muslim countries and the UN, seek to take back Jerusalem and the West Bank as their own. World Net Daily recently posted that Pres. Recep Erdogan of Turkey is urging the 57 Islamic nations of the Organization of Islamic Cooperation to form a joint army specifically to attack Israel, through coordinated military efforts. The OIC members united with a total population of about 1.675 billion could field the largest army in the world of over 5 million soldiers. However, God said He will fight for Israel Ez38,39, Zec12:4,8,9,14:3. God will be magnified, sanctified, and glorified among the many nations of the world Ez38:23,39:13.

Israel has a central role in bringing forth the Endtimes and the return of Jesus Christ. Recent disputes over occupied territories in Jerusalem and Israel will result in a great war involving all the nations of the world. The prophet Daniel prophesied of a final 7 year period involving Israel: ‘And he shall confirm the covenant with many for one week: and in the midst of the week he shall cause the sacrifice and the oblation to cease, and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate’ Da9:27. Who is ‘he’, and what ‘covenant’; who are the ‘many’; what is the ‘sacrifice and oblation’, and how is the overspreading of the abominations will he make desolate to cause an end of things?

Is this the rebuilding of the 3rd Temple in Jerusalem, where AntiChrist will take his place, and demand worship? Is this what Jesus meant when He said ‘When ye therefore shall see the abomination of desolation, spoken of by Daniel the prophet, stand in the holy place, (whoso readeth, let him understand:)’ Mt24:15. Jesus said let those in Judaea flee to the mountains.. for great tribulation will come Mt24:21. Understanding how these puzzle pieces fit together will give a clearer picture of the end of the world’s monetary system, the coming New World Order and of the Endtimes. Jesus will then return to earth to war with the False Prophet and the AntiChrist and their armies, and cast both of them into a lake of fire Re19:20. This would end the New World Order, the AntiChrist Beast system and Jesus Christ will then establish His millennial kingdom where righteousness, peace, and joy in the Holy Ghost will finally reign on earth Ro14:17.