A Worldwide Debt Default Is A Real Possibility

World Events and the Bible

WEB Notes: This is from Forbes. Over and over again, we see the mainstream media planting seeds of financial chaos in our future. Can we say we have not been warned? We knew this day would come, just when was the only question…

Follow the “Great Reset” link below and read under the sub-heading “The Great Reset”.

There is too much debt and not enough money or growth to pay for it.

The globalized world will eventually be hit with a reset of sorts many economics think. It will be more than a reset my guess and more in tune with our study, “The Ram And The He Goat” from “The Timeline of the Tribulation“. Time will tell, it always does.

I am trying to imagine a scenario where this ends in something less than chaos and crisis. The best I can conceive is a decade-long (and possibly more) stagnation while the debt gets liquidated.

But realistically, that won’t happen because debtors won’t let it. And they outnumber lenders. For this reason, something like “the Great Reset” will happen first.

The rational course would be to delay the inevitable as long as possible. Yet in the U.S. we’re rushing it.

Source: A Worldwide Debt Default Is A Real Possibility

World Events and the Bible

2 thoughts on “A Worldwide Debt Default Is A Real Possibility

  1. Just post the link, okay, Brandon? Don’t need your little screed which tells me something I already know. thanks.

    Bear in mind, folks, that John Mauldin, along with the folks at Daily Reckoning, is the author of “muddle through,” an idea they’ve been pushing since “the dot-com bubble” of the early 2000s. Trying to predict when the economy is gonna crash is a fool’s errand…but these folks have to write something, right? Hence, “muddle through.”

  2. Irrelevant, it’s all the same old trash.
    Wipe out government and corporate debt leaving the little people out, aside from forced to foot the bill.

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