The LIBOR scandal exposes the reality of the state of the current system. There should be global outrage about this scandal which affected virtually every loan around the world. Instead, Tom Cruise and his divorce appear to be more important. Why is there no outrage? The immorality of the population has overtaken the need for righteousness and the demand for lawfulness. What a sad state! For those of us pursuing the fullness of all Our Heavenly Father has for us, it can be a frustrating time. Imagine how Daniel dealt with the captivity of his time and multiply it many times over.
The birds will come home to roost soon. At some point Our Heavenly Father will open the eyes of the people and they will make a run on the banks in Europe. The wealthy have already begun to respond but the average person has yet to figure out the endgame of printing money and inflating the currencies to pay sovereign debt with depreciated currencies. Gold, silver, oil, and gas will continue to be the true currencies of value. Energy will be a “currency” as long as the current energy-dependent infrastructure is in place. Do you really think Our Heavenly Father will release “free” energy to perpetuate the current state of lawlessness?
The latest unemployment numbers indicate no change in the U.S. economy. True unemployment is still over 22% based on shadowstats.com. I agree with that number. On a recent trip to the Gulf coast, the condo we were staying at had 25% of the units unoccupied during the peak week of the season. In 2008, they would have all been lit up like Christmas trees. People have cut back their vacations to a few days versus a full week. The beaches were not as crowded as they have been historically. The souvenir shops and restaurants were not as busy either. Food prices were up as inflation grips the commodities due to the excessive money printing by the Fed.
When will the people cry out for Our Heavenly Father to intervene? The current system is heading for collapse and my goal is to be prepared for that eventuality. Take on no new debt, eliminate existing debt, and simplify. Take advantage of the opportunity to reduce ongoing expenses and your level of overall pain will be lower when things get dicey.