Commentary By: Gordon King
Many people are wondering if the economy is really going to collapse, or if there is really going to be worldwide food and energy shortages? And if they do happen, how long will it take before they do?
I’m not an economist by any means, nor am I an expert in these areas, however, I have lived through some very difficult times in the past, I know something about history, and I can see the writing on the wall.
If you have been paying any attention to what has been happening in the world, then you can see that all of these things have already begun. The economy is a mess as inflation continues to rise, and many people are already having to choose between paying their electric bills and buying food for their children, and many more are in default on their mortgages, with millions of people facing eviction.
The stock market as well as the U.S. dollar itself are being held up by nothing, they are gigantic bubbles ready to pop! The Fed keeps pumping money into the stock market, billions and billions, if not trillions of dollars, all just to keep it solvent. At the same time the dollar continues to be the world’s reserve currency, with virtually nothing to back it up but merely the paper that it is printed on! Both of these things are recipes for disaster, add to that growing inflation and it’s really only a matter of time before the bubbles pop.
Our economy is being run on deception, on smoke and mirrors. There isn’t anything tangible backing it up, only thin air. The BRICS nations also know this, that is one reason that they are creating their own reserve currency, which is backed up by something valuable and tangible, Gold!
As inflation rises the Fed continues to raise interest rates, this will lead to more inflation not less, and it will also lead to the collapse of the dollar. It will lead to a falling housing market and increased prices for everything. And as the Federal Government continues to print trillions of dollars and spend money like there is no tomorrow, then (IMHO) we will not only see more inflation, but it will lead to hyperinflation! When the dollar collapses then it won’t be worth much more than the paper it’s printed on, just like in Weimar Germany. If this happens then all bets are off!
I for one believe that the government and the Fed have gone too far in order for it to be stopped, that there isn’t anything they could do about it if they actually wanted to, it’s like a runaway train!
Not only has the economic collapse begun, so have food and energy shortages. It’s not a matter of if it will happen, but how bad will it get and how soon! California is already calling for rolling blackouts, planned periods of time when the electricity will be shut off, and hundreds of millions of people around the world are already starving to death!
We have a perfect storm for both of these things to occur.
Droughts are occurring all across the globe, while at the same time there are fertilizer shortages, food production facilities being burned and destroyed, millions of chickens and turkeys being destroyed, cattle are just dropping dead for no apparent reason. On top of that governments are calling for famers to stop farming and to stop using fertilizers. Most farmers are producing much, much less produce than they did the years prior to this year.
The Climate Change activists (and Global Elite) are calling for the reduction (if not elimination) of fossil fuels, which is already leading to energy shortages and blackouts. This is leading to an already strained energy supply. Governments in Europe are not getting the fossil fuels from Russia that they used to get, which is resulting in more energy shortages. On top of that, the push for electric vehicles is putting even more pressure and strain on the electrical grids and power supplies. Water shortages are also threatening the production of electricity at hydroelectric power stations.
All of the things that I mentioned are already happening, the question is: “How long will it be before it gets really bad and how bad will it get?”.
I don’t have an answer to that question, I wish that I did. However, I do know that when these things happen, and they all happen at the same time as they are now, then they tend to “snowball”, building upon themselves exponentially! This isn’t good, in fact it’s disastrous, especially when the governments are making them worse instead of trying to make them better.
Inflation will lead to more shortages, higher prices, more layoffs, more people living in the streets with nowhere to go. Add to that food and energy shortages, all leading to civil unrest and chaos! We’ve already seen a lot of civil unrest and chaos in the past couple of years, how much worse will it be if all these things happen and at the same time?!
I don’t have a good feeling about what is coming to the world in the very near future. I’m not telling you this in order to instill fear, but to warn you so that you can prepare! Things are already getting bad, but I believe that they will get much worse.
We all know from scripture that the last days will be perilous, they will be very difficult, just read 2 Timothy 3. Things are getting so bad that I really can’t see the rapture of the church or the beginning of the Tribulation period being that far off. While we don’t know the day or the hour, we should know the season!
Don’t place your faith and trust in government, trust in God Almighty, in Jesus Christ!
God bless my friends! Maranatha!