Monday, September 11, 2017

UNITED STATES FINANCIAL CONDITION CONTINUES TO BE PERILOUS

A warning to prepare as we remember the tragic events of 9/11/2001


In past postings ( https://burningbush647.blogspot.com/2015/02/united-states-slowly-becoming-isolated.html) I have warned of the financial problems the United States is facing with the growing international refusal to use the US Dollar in trade for oil, energy, and other goods.


Russia and China continue to find various ways to circumvent use of the dollar in oil trade with their trading partners. https://sputniknews.com/business/201709071057180089-sberbank-gold-china-russia-economy/


Venezuela, facing economic collapse, is drawing further away from the US as their situation worsens.
They are threatening to stop using dollars and develop closer ties with the Russian and Chinese currencies for selling their oil.
http://theantimedia.org/venezuela-to-ditch-us-dollar/


Meanwhile many US pension funds are seriously underfunded:
http://knowledge.wharton.upenn.edu/article/underfunded-pensions-tackling-an-invisible-crisis/




While some US cities are facing bankruptcy:
http://www.foxbusiness.com/features/2017/09/07/hartford-warns-it-could-file-for-bankruptcy-update.html


As the US dollar weakens many investors turn to gold:
https://goldswitzerland.com/gold-has-broken-out-dont-be-left-behind/


US Debt $20 Trillion:
https://www.cnsnews.com/news/article/terence-p-jeffrey/debt-tops-20-trillion-first-time-jumps-317645000000-1-day




We all need to be watchful this fall season as we move forward. The dollar is under attack by many nations, many who are enemies, and America's predominate place in the world is eroding monthly.


There is going to be dollar devaluation and a new currency based on gold sometime in the next few years. God is judging our financial system and we are going to face another crises worse than what we experienced in 2008. The attack on America on Sept 11, 2001 was a harbinger of things to come.


That attack was an attack on America's financial system and our reliance on credit. America's credit is going to fail in the next crisis. Now is the time to get out of debt in preparation for this. It is time to get our personal financial situation under control.


Life based on credit as we are used to is going to come to an end. America is going to be isolated by Europe, Russia, and China. The day is approaching...get your house in order while there is time.


The Lord is patient towards us but if your house is not in order financially it is going to be much harder on you. Prepare! Prepare! Prepare!























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