The marketplace of fear, entitlement and prophecy
Last year, many were pointing to the Shemitah and God’s judgment on America for the reason the stock market declined in August and September. Some implied total collapse of the American economy during the time frame. But it didn’t happen. These emulated from interpretations of the Shemitah, the seven year cycle where Jewish law requires a year of rest, of land to remain fallow, and debt to be remitted. At the end of the Shemitah, there is a blessing. When Israel didn’t keep the Shemitah for seven cycles, God judged Israel with the Babylonian captivity. Some were applying this to the US. In recent days, the market has declined precipitously, not just in the US, but globally. Interesting how the analysts view it.
The Wall Street Journal writes that “Global stocks plunged, driven by heightened concerns about growth and fading confidence in the willingness or the ability of central banks to boost their economies. They are further concerned that weak economies have failed to stimulate inflation and that lower oil prices are a concern for economic woes. In the 1980s, we were taught that inflation was a bad thing and that it was kept under control with lower oil prices–both of which the Carter Administration policies had undermined. Now traders on the world stock exchanges want inflation and higher oil prices. The narrative has changed and it is designed to instill fear into the world population. Fear results in control.
Central banks have been “managing” or controlling economies by propping up banking interests through a process called quantitative easing. It’s wealth redistribution from the nation’s treasury (read taxpayers) to the investment banking world. Keep feeding the market and it remains happy. But when the Federal Reserve raised interest rates in December it signaled to the bankers that the gravy train is coming to an end. They showed the Fed, global central banks, the rest of the world, and you and me that they didn’t like it. The result of their entitlement mentality is seen as the Dow has declined from 17,128 to 15,766 since. China, Japan and others are similar. But they can’t keep robbing Peter to pay Paul.
The actions of these leaders, who abandoned Biblical principles of good stewardship, have caused a global market problem. The entitlement crowd wants their money for free to keep coming. Fear of the market crash is their tool. We are seeing that having integrated economies and central banks coordinating them leads to a problematic world. When governments accumulate debt greater than their citizens can pay, collapse is a possibility. Smart men do dumb things. And we are seeing the result of it. Notwithstanding, there is a prophetic angle that may be in play–a type and shadow of the global economy of the Beast Empire. Revelation 13:17 says, “And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Fear and entitlement could hasten this prophetic economy.
