Latest Posts
View the latest posts in an easy-to-read list format, with filtering options.
View the latest posts in an easy-to-read list format, with filtering options.
Multi-part posts on a particular topic, grouped together in "series" pages.
Look through our blog archive by year / month, or in a massive title list.
11/23/2024 - Russia’s hypersonic missile attack on Dnipro two days ago was originally reported to be from... Read More
11/22/2024 - Yesterday the new Prophetic Year began. It began later than usual. Normally, it begins within the... Read More
11/21/2024 - David was a man of war; Solomon was a man of peace. David was allowed to make preparations for the... Read More
Read over 100 books written by Dr. Jones, available to read for free online. Several of the books have also been translated into different languages, and are also available to read for free. The only time you pay is when you purchase a physical version of a book.
View Full Book List
Read a variety of tracts that condense a topic into a short, single page format. These tracts can be read for free online, or physical copies can be purchased in bundles. If you are subscribed to the FFI Newsletter, you will receive new tracts when they are released.
View Full Tract Listhttp://www.bloggingstocks.com/2010/06/11/george-soros-act-ii/
""The collapse of the financial system as we know it is real and the crisis is far from over." "Indeed we've just entered Act II of the drama."
What does Soros see that makes him so bearish? For one thing he believes that the financial crisis in Europe will worsen and attempts to cut budget deficits will push the global economy back into a recession.
Recessions are caused by having too much debt and not enough money in circulation. So people stop buying and try to reduce their debt load. This, in turn, removes more money from circulation, so the government usually steps in an borrows enough to make up for the people who are paying down their personal debts. These governments spend this new money into circulation until they too collapse because of having too much debt.
You see, the problem with a monetary system that is based on debt-usury is that it is impossible to ever get out of debt. The debt climbs until people can no longer borrow more money. Then when they try to cut the deficits, they create a shortage of money (i.e., a recession).
This is the fruit of the system created by the Federal Reserve Bank in 1913-14. The Fed was given the exclusive right to create money, and the government then had to borow it at interest, instead of creating it themselves interest-free. The only way to get money into circulation is for someone to borrow it at interest and spend it into circulation.
There is never enough money in cirulcation to repay what has been borrowed. Try borrowing $100 and agreeing to repay $105. The only way it can be done is if your neighbor gets another loan, putting another $100 into circulation, so you can repay part of his on your own loan. But then, what about his loan?? It seems to take a college degree in economics to conclude that the system will work just fine forever.
Eventually, it has to crash. Its ultimate demise is built in from the start. We need a Kingdom system that bans usury altogether. God did know what He was doing, but since we apparently disagreed with Him, God has let us go our own way and eventually eat the fruit of our sin.
So when governments assure people that the we are coming out of this recession, and all will soon be back on track, they are lying, unless they intend to declare a Jubilee.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
We are only able to do what we do because of your support. If you feel led to support this ministry, we deeply appreciate it
