Social unrest is increasing around the world. Food prices are increasing and causing citizens around the world to question their political leaders. Food protein prices are up 17.3% in China. Inflation in food prices are up double digits in the U.S. 16.5% increase in utility rates also adds insult to injury.
The West plans to write off debt by inflating their currency. The Kings of the East know this is coming for they are holding a notable chunk of the West’s debt. China and Russia have quit buying U.S. Debt. Right now, Belgium is the biggest buyer of U.S. debt. Huh? Why is some little country buying our debt? It is being orchestrated to keep the masses from seeing the brevity of the problem. The raw statistics of placement of government debt to non-U.S. entities are factual but misleading. Belgium? Really???
Richard Russell, a well known, seasoned investment letter writer, sees the dollar collapsing in months, not years. Others of notable credentials and experience are also crying out to anyone who will listen. It would appear that all of these global events are converging toward October. Why October? Historically speaking, negative economic events tend to occur that month. People tend to focus on personal events throughout the summer. Europeans tend to take vacations (up to 6 weeks) and get back to work in October. They then assess the economic state of things and begin to respond. Moreover, the fall Feast of Tabernacles will coincide with this economic convergence. Is this the year? Only Our Heavenly Father knows. We should live every year as though the fullness of times is at hand. We should be of the five wise virgins and have our lamps ready. Citizens of the Kingdom will be the most prepared group when the collapse comes.