Leaders want to restructure world’s economic system

(November 15, 2008)  According to the Washington Post the Group of 20 nations (G20) agreed today to restructure the economic systems of the world over the next year. (World Leaders Agree to Sweeping Economic Plan) This agreement “would reshape international financial institutions and overhaul worldwide regulatory and accounting rules.” The article goes on to state,“The communique said that over time the International Monetary Fund and other global institutions ‘must be comprehensively reformed so that they can more adequately reflect changing economic weights in the world economy.’” The German chancellor Angela Merkel wants to establish a “world risk map” that would allow “global financial institutions to allow financial authorities to quickly identify future trouble spots.” (Germany to advocate ‘world risk map’)

The Book of Revelation indicates that in the last days a unified world economic system will be in place under the reign of the Antichrist: “16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 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. 18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.” (Revelation 13:16-18) The beast or Antichrist will control this system and will allow only those who swear allegiance to him to participate in the buying and selling of commodities and services. With the digital age such a program is possible. It could be that this current financial agreement will consolidate the economies of the world and lay the groundwork for such a global financial system declared in Revelation 13. It is noteworthy that Adolph Hitler rose to power out of the horrible postwar economic chaos of the 1920s. He was a great orator and he used the Jews as a scapegoat for all of Germany’s problems. The Germans readily accepted him as their leader and some treated him as a messianic figure.

Along a similar vein the Washington Post had an article on the Great Depression. (The Great Depression, Not So Far Away) This article explores the possibility of parallels between that time and the current economic crisis of the world. The Bible indicates that in the last days there will be severe economic times that leads to widespread famines. Jesus said “6 And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet. 7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places. 8 All these are the beginning of sorrows.” (Matthew 24:6-8) Economic hard times are also indicated in the Book of Revelation when it costs a day’s wages to buy food: “5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. 6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.” (Revelation 6:5-6)

If nothing else the speed with which the world’s financial crisis suggests that even if the End-Times are still a ways off it would take no time at all to repeat this scenario.

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