Home » Prophecy Line » Coming Economic Crash

Coming Economic Crash

The state of the economic condition of America and the world is often the subject of conversation in and around my office environs. One of our financial “experts,” whose name you would recognize, consistently voices our collective amazement. The comment goes something like: “The economy being in this building bubble for so long, without a massive correction, is unprecedented.”

We all agree that is true, and that the fact has to go far beyond the natural world of fiscal reality. The economy is propped up, we conjecture, held up by supernatural rather than natural forces.

By this, we who are in our ”conflab” sessions (yes, I know the word is confab, not conflab) mean we believe the holdup of the crash that is inevitable, according to all that is part of reality, has some heavenly determined purpose.

Again, I wrote of this as far back as 2010. I wrote that I was convinced–and remain so—that neither the United States nor the world would experience a crash of catastrophic dimension, at least not during this dispensation—the dispensation of grace (Church Age).

Those who emailed during 2010–2011 expressed that some in secular media as well as high-profile prophecy teachers were predicting any-day financial collapse. We would one morning awaken to a world like in that of the Dark Ages, economically speaking, the emailers feared.

My series at the time, “Scanning a Fearful Future,” involved ten  articles on Rapture Ready that painted a different picture. I believe I was impressed by the Holy Spirit that such a collapse was not going to occur—at least not at that time.

I’m still impressed that such a dire situation is not in the offing—not yet, at least.

A recent opinion piece shed some light on the matters I believe are involved in consideration of the economy and biblical perspective. The article sets the stage for prophetic eventuality.

Financial writer and book author John Rubino sees the world careening toward a debt reset at an increasing pace.

Rubino explains, “The coming monetary reset and what that means for gold and what that means for the rest of the global financial system, you don’t need a war to bring that about because we are making enough financial mistakes that will get us there in no time flat now without geopolitical turmoil….”

“If you add a big war in the Middle East into the equation, then anything can happen. A scenario right now that is very, very feasible is we start shooting in the Middle East and Russia and China is on the other side of this in one way or another. They help Iran, and we have our allies helping us, and we start using these next generation weapons that are breathtakingly powerful. Nobody has any idea what’s going to happen when we start throwing these things at each other…. Oil spikes to $100—$150 per barrel, and that tips the already extremely fragile global financial system over the edge. So, we get the ‘Greater Depression’ or the monetary reset or a hyperinflation or whatever we get sooner rather than later. It’s a disaster for everybody when it happens that way.” (Tyler Durden, “The End Stage Has Begun,” Rubino Warns “We’re Past The Point Of No Return” Zero Hedge, Rapture Ready News, January 10, 2020)

The writer is correct. Such a scenario—or scenarios—would, it seems, bring American and world economies into an era that would likely eclipse, in disastrous ramifications, the Great Depression of the 1930s.

World debt is at an astronomical high—one absolutely unfathomable back in 2010–-2011, when I wrote ”Scanning a Fearful Future.” The tremendous fiscal gravity should have long ago brought the great adjustment the writer claims as necessary and inevitable.

In that series, I explained why I believe that crash, that great “reset,” won’t happen during this dispensation. For America and the world to experience a total economic collapse—or even a collapse of tremendous, if not catastrophic, proportion—would mean the world situation would take years, if not decades, to recover. That is, the world would not be anything like Jesus, Himself, prophesied for the time of His next catastrophic intervention into the affairs of fallen mankind.

The Lord said that when He next intervenes, there would be buying, selling, marrying, giving in marriage, building, and planting—i.e., business would be going along just fine, like in the days of Lot, when Sodom was perking right along when the fire and brimstone began to fall.

As a matter of fact, I am convinced the Lord was prophesying that a great, economic boom will be in place when He next intervenes. A great, economic boom is what the economic experts are telling us we are having at present. The Dow Jones Industrials went over 29,000 points on Friday, January 10—something not thought anywhere near likely before the Trump presidency.

Jesus, in giving the “days of Lot” prophecy, wasn’t talking about the time of His Second Advent as given in Revelation 19:11. At that time, two-thirds to three-fourths of mankind will have been killed through the twenty-one specific judgments of God’s wrath upon a rebellious world. It will not be business as usual at that terrible time in human history.

“So what!?” you say. “So what if the world collapses, then takes all that time to recover? The Rapture could be that far off in the future.”

That, of course, is possible. We can’t name the timing of that blessed hope’s intervention. But, we are told to determine the times and seasons—the general time frame of that great event. We are told to “look up and lift our heads” when we “see all these things begin to come to pass.”

What things? What are we to be looking for that will tip us off as to the nearness to “our redemption drawing near”?

“Convergence” is the word we hear most often in prophetic terms. At least, it is the term we who are of the pre-Trib view of the Rapture use. It means the coming together of all the signs Jesus and the prophets gave in the Olivet Discourse and throughout God’s Word, signals that indicate we’re at the very end of this dispensation and near the beginning of the Tribulation, the last seven years of human history before Christ’s Second Coming. We are seeing these many signals proliferating on a daily basis!

Jesus forewarned that judgment would begin falling the very day He is next revealed. That will be when the whole world will know something of unprecedented, world-shaking import has occurred. That will be the moment when Jesus will say “Come up here!”

All believers will vanish from this judgment-bound planet and appear with their Lord and Bridegroom.

The collapse is coming. But first, I believe, so will the Lord Jesus Christ.

Even so, come, Lord Jesus.

 

 

 

 

 


6 Comments

  1. Greg Duke says:

    Amen brother Terry !! I’ve been watching these things for the last 28 years. Back when GHW Bush first said the words “New World Order”. We lost sleep that night. Until about that time all we had for signs was the return of Israel and earthquakes and famines. Now look at it !! Maranatha !!

  2. Carol Cole says:

    Amen, Amen, and AMEN !!!

    Sent from my iPad

    >

  3. Anne Payne says:

    I really believe that your perspective is possible – a real urgency to warn the lost of what is ahead

  4. Ed Wood says:

    I agree, Terry, that the major economic collapse will come post-Rapture. Though I do suspect that event will cause a significant shakeup to the world economy, I don’t think a total failure will happen until mid-Trib. This will provide the necessary push for the 666 system to be established.

  5. yellowyarrow says:

    I just read your link. Very interesting! I’ve never really been a pre-Tribber, but had thought perhaps mid-Trib could be right. But the evidence given in your link could very well be correct!

  6. Dawn STREET says:

    All I can say is “YES”, Yes, Jesus is coming to take His Church home to be with Him. I believe in the Pre-Trib Rapture and I believe it is what the Word teaches us. If I am wrong, I will not be discouraged and will continue to watch and wait but I believe all signs point to His soon return. I have watched as the church as an institution crumble and fall away from His teachings in recent years and I experience great sadness in the falling away of so many. The big, metro, mainstream churches were the first but now the small rural churches are falling into the same trap of progressive, liberal thinking. We have a church in our community led by a lesbian and her companion. We have another church that drives away pastors who try to preach the Word and now have a woman as temporary pastor. The two other churches seem to be hanging by a thread and our congregations are elderly, my age group. I understand the convergence and I feel we are seeing it all come to pass and prepare for His coming.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 3,070 other followers

Prophecy Line Posts

Terry James Prophecy Line

Current Issues and Events through the Lens of Bible Prophecy

Prophecy Depot Ministries

Current Issues and Events through the Lens of Bible Prophecy

Serve Him in the Waiting

The Good News behind the Bad News

Prophecy in the News

Current Issues and Events through the Lens of Bible Prophecy

The Christ in Prophecy Journal

Current Issues and Events through the Lens of Bible Prophecy

Prophecy News

Current Issues and Events through the Lens of Bible Prophecy

PROPHECY UPDATE

Current Issues and Events through the Lens of Bible Prophecy

Bible Prophecy Blog

Current Issues and Events through the Lens of Bible Prophecy

%d bloggers like this: