This is it! This is the beginning of the great financial collapse that’s going to send the world into Tribulation—the last seven years leading to Christ’s return, the last three and a half of which will be the worst time in human history, according to Jesus Himself (Matthew 24:21).
This is the apparent belief of some who study Bible prophecy and completely dismiss any notion that the Bible teaches a pre-Trib Rapture that will keep believers in Jesus Christ out of that terrible time the Lord warned about. Those who adamantly proclaim there will be no pre-Trib Rapture, or that there will be a mid-Trib Rapture, imply that now is the beginning of the Tribulation. Or, they believe the world is at least entering the portal that will lead into that last seven years the book of Revelation covers by giving twenty-one specific judgments in a series of seven scrolls, seven trumpets, and seven bowls, or vials.
All of this dire assessment is, of course, based on the turmoil stirred by the tariffs threatened against America’s worldwide trading partners for not treating the US fairly. The stock market has been fluctuating wildly, with nations threatening retaliation, causing panic within the world of economy and finance. The dire analysis reverberates within the no-pre-Trib sphere, to be sure.
Two articles posted on Raptureready.com more or less frame this “we-are-now-entering-the-Tribulation-era” view that ignores the great mystery revealed through the Apostle Paul about the Rapture of the Church (all born-again believers in Christ for salvation).
Here are the prompts linking to the stories on Rapture Ready News on April 8, 2025. The stories are products of a writer who covers news from a biblically prophetic perspective, for the most part:
We Are Witnessing “Lehman-Style Margin Calls” in the Aftermath of the Biggest Stock Market Wipeout in U.S. History
We have never seen so much stock market wealth get wiped out in such a short period of time. Unfortunately, many major players on Wall Street that made a ton of money on the way up were not prepared for a rapid reversal of this magnitude. All of a sudden, hedge funds are being hit with absolutely enormous margin calls, and this threatens to create a “doom loop” which could potentially push stock prices a whole lot lower.
The second such prompt linking to the full story is the following:
This May Not Be What They Were Originally Anticipating, but a “Reset” of the Global Economy Is Definitely Here
Over the past few years there has been a tremendous amount of buzz about an imminent “reset” of the global economy. Well, what we are witnessing may not look like what they were anticipating, but a “reset” of the global economy is definitely here.
The article’s writer (who covers issues and events such as the world’s economy as it might pertain to Bible prophecy fulfillment, and who, for the most part, does so very well) always points to the Tribulation, never to the blessed hope of the Rapture. This troubles me, of course, because that consistent perspective, which never includes God’s promises of Rapture, diminishes our Lord’s truth about things to come.
Jesus said in no uncertain terms that at the time He next catastrophically intervenes into the affairs of wicked, rebellious humankind, there will be no worldwide economic disaster in progress. The Lord said business will be doing well, perhaps even booming. He said it will be exactly like it was in Lot’s day when that “righteous man” was removed to safety (Luke 17:28–30). God will call all believers out of a totally debauched society and culture like that of Lot’s day while building, planting, buying, and selling are taking place–indicating a strong commerce at that future time. He will take them to a place of rescue, just like He did Lot and his daughters, because Lot was seen as righteous in His holy eyes. All believers in Jesus Christ will be removed from this planet before all of the disastrous judgments of the Tribulation begin. That’s what we must take from Christ’s words in the “days of Lot” prophecy.
Get it? Economy will be business as usual when Christ calls us into the clouds of Glory. No matter what the wild world financial markets indicate—or what any other indicator flashes before the panicked eyes of the financial gurus—the economy will be business as usual.
While in the process of writing this article, the news came that despite the fact that the direst warnings of financial collapse imaginable were in every headline of significance, the Dow had gone up 2,500 points. This, due to President Trump putting a ninety-day pause on all tariffs he had previously said the US would impose. In addition, it was reported that the tariffs will likely be only 10 percent across the board (not the tremendously higher percentages) on all nations (more than one hundred at this time) that had not retaliated against America wanting a fair balance of trade with the nations of the world.
China, at the time of the report, would have a 125 percent tariff for engaging in war against the Trump tariff initiatives for fair and balanced trade. (It later went to 145 percent on China.)
This president—and I give him credit only because he is, unwittingly, being used as God’s human agency in keeping Heaven’s control on matters as the end of the age approaches—is a negotiator like no other. Trump, as I’ve often expressed in these commentaries, is, I am convicted, not a godly man, but God’s man for this late hour of the age.
It should be obvious to any serious student of world economic matters, and of America’s economy in particular, that there are forces that have done all within their power to bring the world into financial collapse in order to reshape—“reset”—things so their power base might control all things, especially all things of the fiscal order.
One of the most-respected Wall-Street types weighs in on all of this:
Mark Spitznagel, one of Wall Street’s most prominent skeptics, is sounding the alarm once again—insisting that the recent market volatility is not the long-awaited reckoning he has been predicting for years, but rather a harbinger of something far worse.
“This is a trap,” Spitznagel told MarketWatch, dismissing the latest downturn as a mere tremor before a true financial earthquake. “I expect an 80% crash when this is over. I just don’t think this is it.”…
Last week’s steep selloff, triggered in part by former President Donald Trump’s announcement of new tariffs, saw the S&P 500 suffer its sharpest two-day decline since the COVID crash in March 2020, falling more than 10%. Monday brought further volatility, with the Dow losing over 200 points and major indexes continuing to swing wildly. Yet Spitznagel remains unfazed.
“This isn’t Armageddon,” he continued. “That time will come as the bubble bursts.” (“Wall Street Bear Warns: The Real Crash Is Still Ahead,” America’s News Brief, WWWAmericasnewsbrief.com)
This secular financial wizard is correct, even though he most likely doesn’t understand Bible prophecy. The worst—by far—is yet to come during that time of Great Tribulation Jesus warned about. It will be the Rapture that bursts that bubble he mentions. Until then, there will be no great economic crash.
Terry James Prophecy Line 
Almighty God is upholding the whole world in His mighty right hand. For anyone who understands the pre-ordained order of cause and effect, the economic wheels should have come off long ago! Not to mention the societal and governmental conflict; as Psalm 2 claimed, the nations are indeed in an uproar.
God’s providence is on full display. I deeply grieve for those (many friends and loved ones) who reject His power and grace, and refuse to see it. To Jesus alone belongs all glory and I loudly praise Him for all that He has done, He is doing, and He will do.
The world is chug-chug-chugging along amidst the groundswell of wickedness enveloping us. But God…He has shown us and told us that He will soon remove the Restrainer and unleash His righteous wrath on earth-dwellers. As it was with Job, and in the Days of Noah, it will be both a time of Tribulation, and a time of testing. Multitudes will come through that test, to wear pure white robes, washed in the Blood of the Lamb.
Today is the most wonderful Easter I can recall. Probably because the light of the Lord is shining so brightly in comparison to the last 4 years. President Trump deserves credit for defending Christianity and Israel, and fighting against the ungodly forces coming against us. (I pray for his, and his family and his entire administration that they all be saved, every day.) Last Resurrection Sunday was commandeered by Satan, as evidenced by Biden’s declaration of the National Transgender Day of Visibility. It was discouraging, and sickening, and painful to recall.
Today is a day of full-throated celebration of the resurrection of Jesus Christ, the Son of God, the King of Kings, the Lord of Armies, the Creator of All Things, and the Author and Finisher of Our Faith! Throughout the world, people are loudly and unashamedly celebrating His gift of eternal salvation for all who believe in Him.
It would not surprise me if this is the crescendo, the final earthly holiday of the Church before He calls us up, allowing us to openly and joyfully glorify our Savior, before He takes us to Himself. I plan to make the most of it, to celebrate and praise Him for His wisdom, grace, mercy, and His perfect plan of redemption.
In the HOLY name of Jesus Christ, our King—MARANATHA!
I personally believe what these financial analysts are heralding as a coming global economic collapse is detailed in James chapter 5.
Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. James 5:1-3.
It appears that even precious metals considered a safe haven for many to preserve their wealth will have little value. This suggests a complete collapse of the globes economic system and once perceived value system.
I do agree that this collapse appears to be orchestrated behind the scenes to foment the rise of a new global economic system. The question is, what exactly will hold a system of value in its replacement?
We as students of Bible Prophecy are aware of a coming economic system initiated by the False Prophet detailed in Revelation chapter 13. It is clear that this prophesied event is confined to a worship system where our eternal souls are the token asset or currency for exchange of goods.
There is good reason to believe that the global economic collapse detailed in James chapter 5 takes place prior to the Rapture of the Church.
Be patient therefore, brethren, unto the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth, and hath long patience for it, until he receive the early and latter rain. Be ye also patient; stablish your hearts: for the coming of the Lord draweth nigh. James 5:7,8.
The current Tarrif conflict has raised attention to the fact that at present, one man has been able to bring the economies of the globe under his control. China being the exception yet they too will capitulate. Bible Prophecy identifies that the economic control of the globe in the Last Days will remain in the West, B.R.I.C.S. will not change this.
Alarm bells should be ringing when we consider that all the world is being brought to the negotiating table of one man, President Donald Trump. We can not dismiss this fact when we consider Commercial Babylon yet to come of whose characteristics America fits.
Thanks for the reminder.
There remains another area of scripture that must be addressed here found within Mathew 24, Mark 13, and Luke 21. The subject is the Birth Pangs that precede the Day of the Lord or Time of Wrath.
These include nation rising against nation, kingdom against kingdom, pestilences, famines, and earthquakes in diverse places. All these are the beginning of sorrows as it is written.
And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh. Luke 21:28.
If the above scriptural passage identifies with the Rapture of the Church then clearly it is not a signless event. We must also acknowledge that these Birth Pangs rival the first 4 Seals of Revelation 6.
And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see. And I saw, and behold a white horse: and he that sat on him had a bow; and a crown was given unto him: and he went forth conquering, and to conquer. And when he had opened the second seal, I heard the second beast say, Come and see. And there went out another horse that was red: and power was given to him that sat thereon to take peace from the earth, and that they should kill one another: and there was given unto him a great sword. And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine. And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see. And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth. Revelation 6:1-8.
Perhaps in knowing these things, our interpretation of the Days of Noah and the Days of Lot and what we perceive as being normal may not quite fit the proper meaning.
Not all believers share the same perspective on the timing of the Rapture and perhaps their contributions unwittingly reflect that. I do not believe it is in an effort to offend those that hold a PreTrib understanding. I would suggest that we all have questions but we can all be assured that the Rapture is undoubtedly, a declared promise to all believers regardless of our perspective issues in regards to its timing.
God bless you all and Maranatha,
Rodney
Great article Terry. The imminent return of Jesus nigh at hand. The Restraint of God always amazes me. Maranatha.
FACTCHECK: The total value of intangible assets (stocks, bonds, derivatives, annuities etc) resulting from the Great Recession, 2007-2009, was estimated at $14Trillion. These losses also included lost opportunities, reduced social mobility and long-term impacts to individuals and the economy. This recent prognostication >>We Are Witnessing “Lehman-Style Margin Calls” in the Aftermath of the Biggest Stock Market Wipeout in U.S. History<<is candidly false based on historical evidence all of us who read this blog witnessed first-hand ourselves. Another blatant lie fostered by someone with an agenda.
The GREAT RESET will not happen until after the Rapture! Why? Because of what I’ve said before,”the unsustainable mountain of debt owed other countries and to its own citizens”, will cause free-fall once the Rapture happens. The RESET(Economic) will be the nearly functional Central Bank Digital Currency (CBDC). It will be verifiable, traceable, and have some intrinsic value–whether real or perceived–by those who take the MARK on either their hand or forehead.
Terry’s mention of Luke’s proclamation (Luke 17:28-30) is exactly right, in spite of what this tariff escalation portends for our immediate future. These wild swings we see on Wall Street are temporary, and will flatten, gradually. Perhaps, even amazingly reaching another milestone. Will the DOW hit 50,000 before the Rapture? Possibly, but I wouldn’t put my future bet on it hitting that mark (no pun intended) that’s for sure since the Rapture could happen well before that milestone.
HAPPPY RESURRECTION SUNDAY–MARANATHA!
Interesting since Fannie Mae and Freddy Mac alone hold 12 trillion in mortgages at present. The risk is a sell off of these mortgage backed securities which could collapse the entire financial system globally.
That is now two people now that are fully confident that no global financial reset will take place until the Rapture of the Church. Of course, I do not agree with such a bold accessment nor is there biblical evidence to support it, quite the contrary exists.
The conclusion that the Rapture alone brings about seismic conditions across the globe in political, financial, and religious circles is not substantiated anywhere in the scriptures. If there is such evidence, I would be greatful if someone could provide it.
If the world is carrying on as normal when the Wrath begins, then the Rapture of the Church appears to have little or no effect on the inhabitants of the earth. Perhaps we have adopted too much Left Behind movies in our depiction of biblical events.
Central Bank Digital Currencies (CBDC’s) are nothing more than another fiat currency and in no way can be tied to the Mark of the Beast. The Mark of the Beast according to the Word of God is solely affiliated with a worship system and reflects spiritual ownership. The belief that it is a physical application is based solely on speculation.
Crypto currencies presently are used by only 6.9% of the global population. The U.S. currently has no plans to adopt a CBDC. With every new financial technology for some reason it is always identified as the Mark or the precursor to it. It is the False Prophet that implements the Mark not the Central Banks.
Examining the image required to worship in the days of Daniel the Prophet in the vast Kingdom of Babylon, no such technology existed to identify those who refused worship of this image. It seems that many have stepped outside of the Biblical account in seeking to fit such technologies into fulfilling prophetic events. This can easily bring confusion and distort our witness to the Truth as presented in the scriptures.
[…] [7] https://terryjamesprophecyline.com/2025/04/20/the-great-economic-crash/ […]