The Antichrist Rising – Part One :: by Paul Chudi

Throughout history the average lifespan of any purely fiat currency has always been about thirty to forty years. The dollar has surpassed this by more than a decade due to its function as the global standard for trade and oil purchases; to be more specific its petro dollar status.

However, now that the world’s global financial system has become saturated with overwhelming amounts of debt and most economies are now solidly entrenched in currency wars, the world is ripe for a return to money of intricate value—a gold-backed currency.

Since 2001 there has been a rapidly reoccurring rate of financial bubble creation that lasts for a season only to eventually burst with catastrophic results for investors and everyone else involved. Unfortunately, the next bubble that will be pop is going to make the last one look minor in comparison because none of the issues that caused the 2008 crisis was ever resolved.

Interest rates are still at zero, the dollar’s strength has slowed foreign trade and its becoming more difficult for countries to pay back debts in dollars. The only option the Fed has is QE4 and the problem with such an option is that QE3 shattered a lot confidence in the dollar so a fourth round of quantitative easing (which is inevitable) will more than likely be the nail in the coffin for dwindling confidence in the U.S. dollar.

If this doesn’t seem serious to you then take a look at this quote from the managing director of the IMF (International Monetary Fund) last year. (By the way the IMF is one of the ultimate monetary/fiscal authorities of the global financial world.)

Christine Lagarde, Chairman IMF, “An Insight, an Idea with Christine Lagarde.” She announces her statement “What is needed is a ‘Reset’ of the way in which the economy grows around the world.” She talks of old and new risks especially with China, India, Spain and Iran. Old risks including: financial stability and bubbles; massive unemployment worldwide, north of 200 million people; slow growth rate; and an unbalanced and uneven growth rate. The new risks include: Tapering and spillover effect; deflation particularly in Europe.

With regard to “Reset” Lagarde talks about multiple fronts including: A financial sector regulatory environment being finalized and constantly re-examined; reset of monetary policies by central banks of the advanced economies since they have been using unconventional financial tools; structural reforms in both advanced and emerging territories being below potential. She mentions “rebalancing all over”. In other words she is saying that in order for things to get better in her eyes there needs to be a permanent change.

The world is about to change very soon. There is a major paradigm shift on the horizon that will affect every man, woman and child on the face of the planet. The Word of God has warned us that in the last days there will be a one world government; history has shown us that after every major calamity whether it’s economic or war-driven makes the world in turn to become more interwoven and much more centralized.

This can be seen in the formation of the Eurozone prior to financial problems that plagued Europe for decades, or the creation of the United Nations after a major war. Soon the world will start to look for a savior, someone who can quell the wars, stop the economic conflict and ultimately bring about peace. We as believers in Christ have been warned of a coming con man; a master counterfeiter who will be empowered by Satan to deceive the whole world.

People are already becoming restless in America, from rioting to political turmoil to unemployment issues. All these problems are just the beginning of sorrows if we don’t turn back to God and rededicate ourselves to Him. Let’s awaken from our slumber, shake off our sloth and allow the spirit of Christ to move us with His compassion and courage.

“Because thou hast kept the word of my patience, I also will keep thee from the hour of temptation, which shall come upon the entire world, to try them that dwell upon the earth” (Revelation 3:10) .