A Butterfly Prophecy From a Prophet of Doom
Here in the USA, we have always been blissfully unaware that our decisions have International implications. The war in Iraq, our rhetoric towards Iran, our support of Israel, and now our mortgage market, along with the derivatives thereof, are having the effect of a large boulder being thrown into a glass birdbath.
In the midst of this, the Fed has decided to inflate our money, so as to bail out other large corporations, other countries, and anybody else that may have been involved with the the bad paper that was issued worldwide.
In one way, the Fed has reason to be concerned. What doesn't get reported in our media are the massive bank failures taking place overseas. The Royal Bank of Scotland (one the two biggest banks in Scotland) has imploded. There have bank runs in Hong Kong the past week, the first in nearly ten years, and world financial markets mired with bad assets are seeing their lending pools shrink.
In America, the credit crunch is starting to hit home, as even prime borrowers-those having a credit score above 720- are starting to miss payments. International banks that have made money lending to Americans leading increasingly consumptive lives are having to worry about recouping that money. In an cruel turn of fate, Americans may have a 60" HDTV, and no home to put it in.
This is also having an effect on Chinese exports. Consumers are being forced to reevaluate their spending priorities. With credit card companies all but guaranteed to lower limits, the discretionary funds used to purchase cheap, Chinese electronics are taking a nosedive along with them. This will have a profound effect on the growing Chinese middle class.
Speaking of the Chinese middle class, they are beginning to consume as much or more than their American brethren. Currently, the best selling vehicle in China is the SUV, a monster that shares some of the blame for the current scarcity of fuel in the USA. They are consuming more meat, and are consuming all the soybeans that Brazil and the rest of the world can provide, at the rate of more than 200 bushels per year. This doesn't count the amount that is needed to fatten animals. We could be looking at food shortages, in and because of China, within the next two years.
China is primarily an exporter of goods. What happens if the exports stop, and China has to lay off its workforce? You have a general population who has known the simple pleasures of the middle class, being forced down into abject poverty. Everything would have been fine there, if only members of the Communist party had wealth, and everyone lived in relative poverty. They made the mistake of mixing Capitalism with Communism. When you taste freedom, you naturally are going to want more of the same. What happens when the middle class disappears? Revolution.
What happens to the West, if there is economic instability, and political unrest in Asia? Crisis. The price of goods are going to rise as production is cut, and destabilisation reverberates throughout the continent of Asia. The pain for the American and European consumer will be nearly unbearable. We would see technical deevolution.
Trade is slowed severely, and the rate at which the money left in the credit markets move is slowed to nearly a standstill. There is a global economic crash, followed by a global solution. A realignment of banking entities with a common currency will rise, followed by a common government. The world will agree, because the life they once knew is gone, and they will jump at the first sign of hope. That hope will be short-lived, because while the majority of the population will be controllable, a minority will not.
Radical terrorists, disgruntled nationalists, and those with firm religious beliefs will not be placated. They will be done away with for their dissent, because they are inconvenient, and won't work for the the good of the whole. People will watch it happen, and they won't care, because their lifestyle is no longer threatened. They will be defeated. There will be peace, for a short while. That is, until people realize that they cannot control God. Food will become more scarce, as will water. As "elbow room" and available property decrease, so will conflict, not just among nations, but even regionally. Turf wars will consume the Nations of the world, as everyone decides that they are working for the good of all, if all means a select group of people.
The world is at a point where very minor changes can have major effects. This is just one breeze set in motion by butterflies wings. There are many ways that this could unfold, but it will all end the same way. The World as we know it is set to unravel. The only uncertain variable is when it will take place.
So, what is my conclusion...well, I would get my house in order, accept Jesus Christ as my savior, and accept his comfort and peace in the midst of life's storms. I would be neglecting my duty as a believer if I didn't tell you this. Ask him to forgive your sins, and don't worry about the future. He is the only hope you will find.
Therefore take no thought, saying, What shall we eat? or, What shall we drink? or, Wherewithal shall we be clothed? (For after all these things do the Gentiles seek:) for your heavenly Father knows that you have need of all these things. But seek you first the kingdom of God, and his righteousness; and all these things shall be added to you.
Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient to the day is the evil thereof. Matt 6:31-33 KJV
Related Tags: china, armageddon, end of the world, despair, bailout, doom gloom
Kurt Hartman is a pessimist, and an optimist. There's just no way we're wriggling out of this one. He works for a company that sells haul truck tires. Your Article Search Directory : Find in Articles
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