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An ongoing presentation of prophetic interpretation; heralding the conclusion of the present evil system and the incoming kingdom of Christ.

 

 

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    Wednesday
    03Mar2010

    The Watchtower Leaving NYC?...Not So Fast

     

    In 1908 Charles Taze Russell and associates relocated the headquarters of the Watch Tower Bible and Tract Society to Brooklyn, New York, from Allegheny, Pennsylvania. The reason behind the move was to give the Society greater visibility. At the time, Russell’s sermons were appearing in ever-increasing numbers of newspapers all over the country. It was once said that Russell had a bigger readership than all of the clergy, combined. So, the move to Brooklyn, the so-called City of Churches then, was undertaken to give the source of the message a more prestigious profile. It seemed like a wise decision. Ever since then the Watchtower’s facilities have been recognizable landmarks to the millions of people living and working in Brooklyn and Lower Manhattan, as well as the constant flow of travelers on ferries and those crossing the Brooklyn Bridge. 

    For years one sign on a Watchtower building reminded New Yorkers and visitors that Jehovah is God. More recent signage on a facility exhorts: Read God’s Word the Bible Daily and Announcing Jehovah’s Kingdom. 

    Now, after being a fixture in Brooklyn for more than a century, the Watchtower is pulling out – moving its headquarters to Warwick, New York. The project, though, will evidently take several years to complete. But the Watchtower has already relocated an educational facility away from Brooklyn, in Patterson, New York. So, apparently this move has been planned for quite some time. Perhaps the terror attack on the World Trade Center towers across the East River spooked them. 

    Whatever the reason, be it financial considerations or security, having a core of seasoned ministers and a visible monument to the name of Jehovah in one of the most populous and important cities in the world no longer seems to be important to the Watchtower Society’s board of directors. 

    To those who do not attach any special importance to God’s distinctive name, the work of Jehovah’s Witnesses may not seem very relevant to their personal lives, but it has always been God’s purpose to have his name declared throughout the world by his witnesses, as a prelude to the nations being forced to know that “I am Jehovah” – as the prophecy of Ezekiel forewarns in numerous passages.

    Above all else, publicizing the name of God has been the Watchtower’s primary mission since it was established – especially since the International Bible Students adopted the peculiar and provocative name of Jehovah’s Witnesses in 1931. To date the Watchtower Bible Society is currently publishing the name of Jehovah, in all its many linguistic variations, in nearly 400 languages. 

    But the question posed here is this: Will the Watchtower complete its planned pullout of the New York City area? Based upon my unique understanding of prophecy, the answer is no. 

    In the work Jehovah Himself Has Become King the case has been presented that “Egypt” of prophecy foreshadows the United States of America (See chapter Downfall of America).  That “Egypt” has a prophetic value unrelated to the ancient or modern nation of Egypt is evidenced by the fact that in the 11th chapter of Revelation “Egypt” is used in a “spiritual sense,” as the place where Jesus had been impaled. Also, in the concluding episode of the long-running conflict between the king of the north and south “Egypt” is subjugated by the king of the north during “the time of the end.” 

    From God’s standpoint there has been an imperial, political system continuously in existence dating   from the time Egypt first became a great nation. According to Revelation the world has been dominated, and especially God’s people, by a monstrous wild beast with seven heads, each head representing a consecutively ruling empire. Since Egypt was the first ruling head according to Bible history, and it was also the first identifiable entity in the position of the King of the South in the prophecy of Daniel, Egypt is a fitting symbol for whatever power is ruling. According to the prophecies of Ezekiel and Isaiah it is especially fitting for the American world power. 

    In the 19th chapter of Isaiah Egypt is similarly portrayed as coming under the domination of a hard master. Originally Egypt was dominated by Assyria. Oddly, though, Jehovah blesses the Egyptians and in the 25th verse he refers to them as “my people.” The prophecy also relates that the Egyptians will render sacrifices to Jehovah. Isaiah 19:21-22 states: “And Jehovah will certainly become known to the Egyptians; and the Egyptians must know Jehovah in that day, and they must render sacrifice and gift and must make a vow to Jehovah and pay it. And Jehovah will certainly deal Egypt a blow. There will be a dealing of a blow and a healing; and they must return to Jehovah, and he must let himself be entreated by them and must heal them.” 

    Another indication that the prophecy does not merely apply to the ancient land of the Nile is what is stated at Isaiah 19:19-20: “In that day there will prove to be an altar to Jehovah in the midst of the land of Egypt, and a pillar to Jehovah beside its boundary. And it must prove to be for a sign and for a witness to Jehovah of armies in the land of Egypt; for they will cry out to Jehovah because of the oppressors, and he will send them a savior, even a grand one, who will actually deliver them.”

    Apparently there were Jewish settlements in Egypt at the time the ascending second world power, Assyria, subjugated Egypt. Still, God did not send a grand savior to rescue the Jews from oppression. The language of prophecy indicates that the grand one, the savior who would deliver God’s people, is none other than Jesus Christ. Truly, all prophecy, in one way or another, illuminates the mission of Christ.

     From the time that Abraham first entered the land of Canaan he built several crude stone altars to the name of Jehovah. His son Isaac and his grandson, Jacob, also built altars dedicated to Jehovah. Moses also built an altar to commemorate the defeat of Amalek – calling it Jehovah-Nissi.  

    Jehovah’s Witnesses today worship and serve the same God as Abraham, Isaac, Jacob, as well as Moses.  In that respect it is as if the Watchtower Society, including its publicly visible infrastructure devoted to the worship of Jehovah, stand as a monument and altar to the name of Jehovah – as the scripture states: “it must prove to be for a sign and for a witness to Jehovah of armies in the land of Egypt” 

     In what sense are the Egyptians God’s people? The concluding verses of the 19th chapter state: “In that day there will come to be a highway out of Egypt to Assyria, and Assyria will actually come into Egypt, and Egypt into Assyria; and they will certainly render service, Egypt with Assyria. In that day Israel will come to be the third with Egypt and with Assyria, namely, a blessing in the midst of the earth, because Jehovah of armies will have blessed it, saying: ‘Blessed be my people, Egypt, and the work of my hands, Assyria, and my inheritance, Israel.’”

    Although the nations are under the authority of Satan the Devil, ultimately God’s purpose is served by them. How is Assyria the work of God’s hands, as the scripture says? Assyria serves the same purpose as Babylon did, which Jehovah described as his forge hammer for smashing the nations. The Assyrian Empire typifies the last king – the eighth king. The last Kingdom springs from the seven previous world powers, particularly the Anglo-American dual world power. Jehovah will use the last king to dispose of the iniquitous harlot of Babylon. In that respect Assyria will render service to God and will prove to be a blessing to all of God’s people by destroying the false religious system known as Babylon the great. Keep in mind that the historical Assyria boasted to king Hezekiah that none of the gods of the nations were able to save their devotees from being subjugated. 

    Just as during the Exodus a vast mixed company of Egyptians and others threw in their lot with God’s people, the Israelites. Although not descendents of Abraham, the Egyptians and others making up the vast mixed company that came out of Egypt became God’s people. 

    Jehovah’s Witnesses have been derogatorily described as an American religion. This is not true. However, obviously, Jehovah’s Witnesses got their start in America.  America, after all, was originally settled by pilgrims and Puritans fleeing religious persecution. As an outgrowth of that experience, tolerance and religious freedom were principles that were written in to the Constitution of the United States.  So, the much hated and often persecuted witnesses of Jehovah have until now flourished in America. 

    America has been described as a melting pot. The people of America – excepting the aboriginal tribes – are not a race unto themselves. Although of predominantly European extraction, Americans are a blend of many ethnic and racial groups. In relation to the anointed Israel of God the modern-day “Egyptians” resemble the vast mixed company during the Exodus. 

    But as regards the topic at hand (the Watchtower’s intended exodus from Brooklyn), consider, now, Isaiah 19:18: “In that day there will prove to be five cities in the land of Egypt speaking the language of Canaan and swearing to Jehovah of armies. The City of Tearing Down will one city be called.”

    Since the time the Israelites conquered the land of Canaan the language of the land of Canaan became Hebrew. The third chapter of the prophecy of Zephaniah foretells that during the period of judgment God will give his spiritual nation a change to a pure language – the pure language being the language of uncontaminated truth.

    But what may be symbolized by the City of Tearing Down? Since America broke away from the Crown of England it has been the intent of the British Empire to reacquire control of the United States through subversion and ultimately tear down the entire nation-state system and revert to a corporate-controlled, feudalistic system. The trend in recent decades has been to weaken national sovereignties through the mechanism of globalism with the ultimate intent of creating a world government.

    The United Nations stands as a Trojan horse, ready to come to power in the last hour. So, the City of Tearing Down is New York City. Not only is it home of the United Nations Organization, but Manhattan is also home to Wall Street, and it is no secret that the big investment banks and related hedge funds are also busily tearing down the nation, bankrupting it, by offloading trillions of dollars of fictitious debt onto the taxpayer. When the inevitable crash occurs it will spell the end of America and the religious and civil liberties the citizenry have come to take for granted. 

    Since the City of Tearing Down is also where those are found "swearing to Jehovah of armies” during the time that Egypt is delivered up to a hard master, it would seem that the present system is destined to be torn down before the Watchtower can remove the landmark altar to Jehovah from the Brooklyn borough of New York City. 

    Friday
    05Feb2010

    Countdown to World War

    Barely a month into the new year "sovereign debt default" has become the new phrase that is being bandied about. We were first introduced to the concept a few months ago in connection with Dubai. Now the specter of sovereign debt default looms over the nations of Europe; specifically, Greece, Spain, Portugal, Italy and Ireland. 

    The default of just one nation can set off another round of panic in the financial markets.  (Remember AIG and their credit default swaps?) Because all those nations use the same currency the fear is that the Euro could collapse and with it the entire European Union. There are fears of a 'Lehman-style Tsunami.' And, of course, there are enormous social and political ramifications now that the struggling nations are being ordered by the bankers in Brussels to impose vicious austerity upon their citizens. 

    With the new wave of panic sweeping through the financial markets this week, amazingly, the US dollar is considered the best “safe haven,” increasing in value relative to other currencies – particularly the euro. This is extraordinary given the fact that the United States bears an enormous and unpayable debt. The bankruptcy of the United States would be the mother of all sovereign debt defaults. In reality, the entire London/WallStreet, global financial system is bankrupt. 

    The collapse of the financial system would not be the end of the world. In fact, it could be a very positive thing. It might put to death the parasitical system that has for decades been sucking the lifeblood from the nations. If the leading nations were to act in concert and set up a new credit arrangement the world could be given a fresh start and the bankers could perhaps find productive work elsewhere. But the mafia- like financial oligarchy is determined to prevent that from happening. Apparently it is their intention to orchestrate a global conflagration – World War III, in order to prevent the nations from entering into a mutual cooperation against the machinations of private financial interests. 

    Since the collapse of the Soviet Union the United States military has been co-opted by imperialists to pick up where the British Empire had left off as regards the grand chess game of geopolitics. During the Cold War MI6 and the CIA organized, funded and trained the Muhajahdeen in order to oppose Russia. Now those same terrorist assets, which have been enlarged as the Taliban and Al-Qaeda, are being deployed to destabilize South Asia, such as Pakistan, which is being pushed into civil war by being forced to wage war on it own people. 

    Using its “war on terror” as a pretext, the United States has acquired or built military bases all over the world. Presently the U.S. maintains nearly 900 bases in 47 countries and trains 100,000 soldiers from other lands every year. The strategic goal of the Anglo-American superpower is the encirclement and ultimate destruction of Russia and China. With the recent deployment of SM-3 missile defense, which is capable of bringing down low-orbit satellites, it appears that the final pieces are in place. 

    Although the saber rattling against Iran has being going on for many years, recent reports indicate that Israel and the U.S. are preparing for war in the coming months. Indicative of that fact, Israel has announced its intentions to issue gas masks for all of its citizens. Officials in Egypt have reported that the U.S. and Israeli military have been engaged in charting the coastal, air and overland routes in preparation for an attack on Iran. There has also been a rapid build up of anti-missile systems in the Persian Gulf region. It is inconceivable that Iran would launch an unprovoked offensive. Military planners are installing missile shields to limit a retaliatory response. It is generally understood that an attack on Iran would trigger World War Three. 

    The fuse is lit and burning to the quick. The Empire must strike before the economic system collapses under it feet. In view of the world’s precarious situation the prophet’s advice seems most timely: ‘Get ready to meet your God.’

     

    The book Jehovah Himself Has Become King offers a unique prophetic interpretation related to current affairs. 

    Wednesday
    13Jan2010

    LET THEM EAT CAKE

    “Let them eat cake,” is the response attributed to Queen Marie Antoinette when informed that her subjects had no bread to eat.  To better appreciate the meaning of that remark, in French the word translated as “cake” is brioche, which is highly enriched bread made with egg and butter. The point of the Queen’s retort is that she was oblivious to the plight of the famine-ravaged peasantry. If they had no bread, they surely would not have any brioche to eat. 

    As it turned out it did not end well for the royal family, or for France for that matter, as the entire nation was plunged into revolution and afterwards subjected to the ruin brought on by Napoleon. 

    In all likelihood, though, the ill-fated Queen never actually said: “Let them eat cake.” The storming of the Bastille, which was supposedly provoked by Marie Antoinette’s calloused retort, was actually an operation carried out on orders from London by means of French provocateurs, for the purpose of preventing patriots from replicating the American Revolution throughout Europe. (Jean Sylvain Bailly: The French Revolution's Benjamin Franklin – EIR) 

    History has a way of repeating itself. The reason that is the case is because the system in place never reallyStorming of the Bastille  changes – only the names, faces, and places. Tyrants come and tyrants go.  At times the people rise up and the tyrants are overthrown, only to be replaced by other tyrants. And so it goes. There will never be a true freedom until the heavenly tyrant, Satan the Devil, is overthrown by the Kingdom of Christ Jesus. From all appearances the overthrow of the demonic tyrants who have ruled the world for the past six millennia is imminent.

    While the influence of the wicked spirits in heavenly places is all-pervasive throughout the world, being like the very air itself, which is inhaled by the sons of disobedience, as the enlightened apostle worded it, Satan’s imperial power is now primarily projected through the Anglo-American Empire. 

    But the Anglo-dominated system is now perched on the edge of a foreboding abyss.  Its now-imminent collapse will trigger a social explosion and upheaval.  And apparently that is the intent of the dark forces that rule this world. 

    Take a brief look at the present situation: take China for starters – A nation of over one billion people with millions desperately impoverished, who are controlled by a tiny clique of elites and exploited by multi-nationals and a growing number of Chinese billionaires. Surely the lessons of the French and Russian revolutions are not lost upon the Communist leadership. 

    But the same situation is developing in the so-called developed world. Look at the situation in Great Britain and America itself. Britons are being told they will have to suffer massive budget cuts to pay off the banker’s bad gambling debts. Case in point: Some 30 UK universities may be forced to close as a result, including, potentially, the venerated institutions of Oxford and Cambridge. But in America the situation is even worse. To date $24 trillion (YouTube) have been handed over to the bankers while 10’s of millions of Americans are losing their jobs; millions have already lost their homes, and worse, many are losing hope. 

    The question is, how long will it be before the hopeless and the famished rise up to overthrow the tyrants who have robbed and crushed them? 

    Adding to the volatility of the present situation, since the election of Barack Obama millions of Americans are being polarized along racial lines. There has been a resurgence of hate crimes. It has been reported that growing numbers of Americans are taking up arms and joining paramilitary groups and right-wing militias, and of course, like their Jacobin forerunners, right-wing reactionaries are fanning the flames. Under circumstances of martial law a violent civil war is not out of the question. 

    What does any of this have to do with Bible prophecy? Long ago Jehovah spoke through the prophets, foretelling that this present civilization will come unwound at the coming of Christ. 

    Consider that elsewhere the case has been made that Egypt of prophecy has a modern parallel in the United States. (See The Downfall of America – Jehovah Himself Has Become King) According to the prophecy Jehovah is going to set the Egyptians against one another. Isaiah 19:2-4 states: ‘“And I will goad Egyptians against Egyptians, and they will certainly war each one against his brother, and each one against his companion, city against city, kingdom against kingdom. And the spirit of Egypt must become bewildered in the midst of it, and I shall confuse its own counsel. And they will be certain to resort to the valueless gods and to the charmers and to the spirit mediums and to the professional foretellers of events. And I will deliver up Egypt into the hand of a hard master, and strong will be the king that will rule over them,’ is the utterance of the true Lord, Jehovah of armies.” 

    Also, consider the prophecy of Zachariah 11:6, which foretells: “‘For I shall show compassion no more upon the inhabitants of the land,’ is the utterance of Jehovah. ‘So here I am causing mankind to find themselves, each one in the hand of his companion and in the hand of his king; and they will certainly crush to pieces the land, and I shall do no delivering out of their hand.’” 

    Please understand this, although the prophecies state that Jehovah will cause the calamity to befall the nations, that does not mean Jehovah directly causes it. He merely allows it. He sets it into motion by giving Christ authority over the nations. In reality, the demons are responsible for scuttling the system they govern. They are forced to out of desperation, knowing they have a short period of time to continue their reign of tyranny. “The hard master,” into whose hands the “Egyptians” are destined to fall and the king who is destined to “crush to pieces the land,” both are in reference to the eighth king, the last kingdom that is destined to arise from the abyss following the collapse of the present system and rule for "one hour" before going off into destruction. 

    How will this affect Jehovah’s Witnesses and the Watchtower Society? The brotherhood is destined to be shattered by the last king. Just as Christ’s apostles and first century disciples were stumbled and scattered when their shepherd was struck down by religious enemies who conspired with representatives of imperial Rome, the very same prophecies have destined the congregation of Christ to be severely wounded in the day of break down and turmoil. (Isaiah 30:26) 

    Jesus himself foretold that many will be stumbled because of the increasing of lawlessness and that many will hate one another and betray one another, and children will rise up against their parents to have them put to death, and parents will have their own children put to death. 

    At this late hour millions of Jehovah’s Witnesses have already been stumbled, including people once associated with Jehovah’s Witnesses such as family or relatives of Jehovah’s Witnesses, and there are those many millions who have partaken of a Bible study with Jehovah’s Witnesses but who did not commit to become Jehovah’s Witnesses, who are now increasingly, often rabidly, hostile to the Watchtower organization. Those legions of stumbled individuals, united through dozens of Internet discussion boards and so-called "recovery" groups, are now unwittingly primed to do an evil work during the hour of darkness soon to engulf this wicked world. 

    Although the Watchtower Society has soaped Jehovah’s Witnesses with the naïve notion that the faithful will march from glory to glory, under the desperate circumstances of the now-oncoming social upheaval and martial law, it does not take a great deal of imagination to envision the virtual army of Watchtower-haters allying themselves with authorities in order to assist them to track down and turn in those whom they know are members of the 'family-destroying,' 'subversive cult' – Jehovah’s Witnesses. 

    Did not Jesus say that the Devil will keep on throwing some of you into prison in order that you may be completely tested? Keep in mind, there has not been one of Jehovah’s Witnesses go to prison in America for their faith since the Vietnam War.  And yet the United States is where the highest concentration of Jehovah’s Witnesses presently exist, not to mention the leadership of the Watchtower Society itself. Think about it. 

    For the past few years rumors have circulated of the existence of hundreds of unoccupied FEMA detention camps throughout the United States. It was reported in 2005 in the financial press that Halliburton subsidiary, KBR, had won a multimillion dollar contract to build numerous detention camps around the United States, ostensibly for the purpose of detaining illegal aliens. 

    Since the original story broke the patriotic underground has investigated these matters and verified that there are indeed concentration camps in America. Apparently the axiom is: build it and they will come. Also there have been reports circulating of the existence of thousands of plastic coffins and prebuilt prison cell modules that will allow prisons to be hastily built with Lego block-like, snap-together cells. If anyone doubts the existence of such things, they do well to keep in mind that it has already is an accepted fact that the US runs dozens of secret prisons around the world, where those deemed to be enemies of the state are illegally incarcerated. 

    Jehovah’s appointed day of tyranny is nigh! 

     

     

    Thursday
    07Jan2010

    Jehovah's Witnesses and the King of the North

    “And in the time of the end the king of the south will engage with him in a pushing, and against him the king of the north will storm with chariots and with horsemen and with many ships; and he will certainly enter into the lands and flood over and pass through.” 

     For longtime readers of e-watchman you know the King of the North is a topic I have frequently visited. In light of recent world developments it seems timely to make a return visit.  

     It has now been almost a century since 1914. And according to the Watchtower Society that is when the King of the North and the King of the South engaged in a “pushing.” The King of the North at that time is thought to have been Germany and the King of the South was the Anglo-American duo. After the defeat of Germany by the Allies in 1945 the USSR is believed to have become the King of the North and the foretold flooding over into the lands is thought to have been fulfilled by communist expansion throughout Eastern Europe. But for the past 20 years the USSR has not existed and all the lands that had supposedly been flooded over have become independent and come out from under Russian domination.  

    The collapse of that entity previously identified as the King of the North has been a great humiliation for the Watchtower Society. For the most part the Society says very little in regards to this aspect of prophecy now.  In Bethel’s last commentary on the book of Daniel (1999) they were forced to admit they do not know who the King of the North is now and they have advised Jehovah’s Witnesses not to speculate on the matter, even though the Watchtower’s commentary itself is mere speculation. 

    So here we are “deep into the time of the end,” as Jehovah’s Witnesses are fond of saying, when the prophecy of Daniel is supposed to be unsealed for the holy ones, and yet by their own admission the spokesmen for Jehovah’s Witnesses have no idea who the King of the North is at this present time.  But if the book of Daniel has been unsealed already, why the cluelessness on the part of those who claim to have been given insight? And if the prophecy has not been unsealed yet (as is apparent) that means the time of the end is not begun. 

    There are other aspects of the Watchtower’s interpretation that do not line up with reality (such as the absurd notion that the United States, symbolized as Egypt in the prophecy, did not escape from the Soviet Union during the Cold War.)

    Also, the prophecy states that the King of the North will be successful all the way until the end of the denunciation, and yet each political entity that the Watchtower has identified with the King of the North has failed, spectacularly; and as stated already, now the Watchtower does not even have a pony in the show.  It is probably best. 

     The primary reason the watchtower has no insight in these matters is that they are laboring under the same cloud of deception as the world in general. The reason they have failed so miserably in presenting a workable interpretation of prophecy is because they have based their interpretations on a faulty understanding of recent history.   No doubt the leadership of the Watchtower have succumbed to the popular myth that the British Empire no longer exists or that it is irrelevant.  And for that reason they are unable to put together the prophetic pieces of the puzzle.  

    In reality the British Empire is very much alive. Its power is expressed through the IMF/floating exchange rate monetary and financial system headquartered in London. The British Empire is the King of the North, and as such, London has successfully dominated the world for the past two centuries.  The primary way in which the British Empire has dominated the nations is by preventing them from developing; by inducing developing nations into indebtedness and forcing them to devalue their currencies while the original debts incurred are required to be paid back at the original exchange rates; by forcing upon them nation-strangling IMF conditionalites; by pitting nations, religions and ethnic groups against one another so that they destroy themselves in war and civil war; by recruiting and training terrorists and deploying them throughout the world to create destabilization, in what has been called a “strategy of tension”; by corrupting and subverting nations politically so that they are ineffective in promoting their own national interests. This brings us to the “pushing” in the time of the end. 

      As most people are aware, the global financial system collapsed in 2008. The system has been kept propped up by massive injections of taxpayer money into the banking system and other backroom chicanery. It is a temporary fix however. In the meanwhile some of the most populous and resource-rich nations in the world are making moves to align themselves in mutual cooperation. This development has enormous strategic implications. A massive power shift is in play and it has the potential to break London’s stranglehold over the planet.  It appears as if the final pushing has already or will soon begin.

    Since their failure at Copenhagen to impose upon the nations the UN-directed global dictatorship, London is particularly bent on preventing the United States from joining what is being called the four powers agreement. As the iron and clay of prophecy, the Anglo-American duo is an uneasy alliance of imperialism and republicanism. Although America has been subverted into taking over as the enforcer of Anglo-imperialism the republican impulse is still strong. If the United States is allowed to join the developing new alliance of nations it would be a historic game changer. Time is running out for the Empire. At this point it seems the only way that the alliance may be thwarted is by detonating World War III. 

    Putin calls for more weapons to stop America

    BRICS to create new economic system

    Thursday
    31Dec2009

    News Briefs: What Will 2010 Bring?

     

    2010 is shaping up to be a tipping point for the nations. The past year and a half was characterized by the collapse of residential real estate prices and the securities market that was based upon mortgages. 2010 will continue that trend. Millions more are certain to lose their homes n the coming year. However, the next shoe to drop is the commercial real estate market. A collapse of the commercial real estate market could potentially sink the entire U.S. banking system. 

    It is not just real estate though. 2010 is certain to be characterized by the next phase debt blowout – sovereign default. Sovereign default is when nations go bust and can no longer service their debt obligations. Dubai, Greece and Spain are on the brink of default. Although not a nation, the state of California, which is the 8th largest economy in the world, stands at the brink of bankruptcy and default. It must be understood that in a global economy no nation is an island. The default of merely one seemingly insignificant nation can set off a wave of bank failures and topple the whole system, as nearly occurred in October of 2008 with the collapse of Lehman Brothers. 

    But it is not just the lesser nations that are facing bankruptcy. The Daily Mail rightly poses the question: Is Britain on the Brink of Financial Armageddon? Of course, the world’s biggest debtor is the United States. And its debt is widely recognized to be unpayable. Although many are confident in the permanence of the Dollar as the world's reserve currency, others who are experts in the field of international finance are convinced that the collapse of the Dollar is inevitable and imminent.  

    As home, state and national budgets collapse and more and more people become destitute and are left to fend for themselves, the new year may well be marked by social upheaval and an unraveling of society. 2010 may well see food shortages develop in America. And a second wave of the H1N1 virus or a new strain is possible. Most disconcerting, though, is the relentless march toward war. Faced with the imminent collapse of the London/Wall Street system, and the recent spectacular failure of the UN's Copenhagen Climate Summit to achieve London's intended goal of legally binding nations into reducing their industrial capacity, particularly China's, and with a renaissance of nuclear powered development, space exploration and cooperation emerging between the nations of Asia and Russia, London will be forced to launch World War Three, or else accept becoming irrelevant on the world stage. An attack on Iran by America or Israel would likely trigger a global conflict involving nuclear weapons.

    With no hint of exaggeration, 2010 appears to be the year of the four horsemen of the Apocalypse. It is no longer a matter of speculation or a conspiracy theory. The fall of Anglo-American system is a reality. In the aftermath of that fall will arise the prophesied 8th king, in the form of the United Nations. 

     

    Post-published additional links

    Mahathir states US preparing to attack Iran

    In the Footsteps of Edward VII - EIR

    2010: US to wage war throughout the world

    Russian professor predicts US will fall apart in 2010

    2010: The year of severe economic contraction

    Admiral states US fully ready to attack Iran and other nations

    Iran to conduct military exercise in preparation for attack

    Expert predicts 2010 bond market collapse

    Barney Franks gives banks $4 trillion gift

    The housing collapse of 2010 will be worse than 2008 - 60 Minutes YouTube

    Europe: The gathering storm