Political Economy: Thicker Than Jewish Blood :: By Wilfred Hahn

The world is again witnessing a surge of antisemitism. This time, it takes place in the wake of the Israeli war with Hamas. According to agencies that track such trends, antisemitic acts and attacks vaulted 1,000 percent within a month of Hamas’ initial attack (October 7, 2023).

It surely seems assuring that America, Canada, and other major nations support Israel. But why do these nations do so? Given that this article is published by a Christian ministry and written by a dispensationalist author, the answer would seem obvious. All of these nations are of historical Christian influence and, therefore, would most surely stand by Israel … correct? Sadly, this is hardly the case.

Yes, genocide and unmitigated civilian murders are reprehensible. There is broad agreement upon these human rights perspectives. But beyond that, there are a myriad of other interests that conveniently align with support for Israel. Most of all, Israel is supported due to geopolitical and economic reasons (i.e., Political Economics … the wellhead of human actions in the world). This is surely the case for the United States.

Please do not be mistaken: At the geopolitical level, it is not the Bible, Christian association, or biblical prophecy that holds influence upon such considerations. For the most part, these are non-factors.

That may seem a harsh assessment to evangelicals living in North America. There are many ministries and churches that are pro-Zionist and, indeed, love the Jews. This is not doubted. But again, this carries little weight at the global policy level. To emphasize, the main reason for the support of Israel is Political Economy. A closer examination will reveal this to be true.

Unfortunately, therefore, pro-Israelism is fragile. It can be fleeting. And sadly, according to Bible prophecy, a worldwide abandonment of Israel will yet happen.

Money Interests and Antisemitism

Spurred by the Gaza siege, an eruption of antisemitism took place around the world. Most notably, war protests and Jewish defamation occurred on many school campuses. The vast majority of protesters were pro-Hamas and Jew-haters. This is hardly in conformity with “higher education” and the balance of facts and fairness.

The National Students for Justice in Palestine, an organization with hundreds of campus chapters, called the slaughter of Israeli Jews “a historic win for the Palestinian resistance.” They went on to describe the “heightened stage of the Palestinian struggle” as a “resistance” that will “bring dignity and honor to the Palestinian people.”

Elite university campuses are the one place in American society where making the intellectual case for antisemitism is fashionable. In fact, many colleges that offer radical “Studies” are funded by federal tax dollars.

As such, to no surprise, retaliations against antisemitism have taken an “economic” form. There are many sponsors and patrons that fund higher education—Ivy League colleges and universities. Some of them write big checks every year. As such, endowments of colleges in America are enormous. Consider that as of end-2022, the total endowment market value of US education institutions stood at $807.3 billion. This is four-fifths of a trillion!

The rampant antisemitism has not been tolerated by prominent donors. For example, Harvard University faces the threat of donation withdrawal from over 1,600 Jewish alumni over antisemitism concerns. Big-money donors—high-profile multi-billionaires, hedge fund managers, etc.—are slamming Ivy League universities and pulling funding over their responses to the Israel-Hamas war. Some are threatening to pursue the rally participants, seeking to deny them post-graduation job opportunities.

Many more repercussions are yet to come. Time will tell if these sanctions will be effective in stamping out student radicalism. But likely not, as a root cause of antisemitism is demonic … again, as laid out in prophetic Scripture.

In the Crosshairs of Economics

Presently, America’s support of Israel seems boundless and unwavering. But, as mentioned at the outset, Israel’s existence depends on supportive Political Economics. As such, what is the interest of the nations in protecting Israel? We can be assured that there are beneficial interests. There must be. After all, in geopolitics, the winner is the keeper.

Why does the United States so strongly support Israel? What is in it for America? Without a doubt, a relationship with Israel is in the best interest of the US. Allow us to explain.

This comment by Joe Biden (back in 1986 when he was a senator) reveals much:

“If we look at the Middle East, I think it’s about time we stop, those of us who support, as most of us do, Israel in this body, apologizing for our support for Israel. There is no apology to be made. None. It is the best $3 billion investment we make. Were there not an Israel, the United States of America would have to invent an Israel to protect her interest in the region; the United States would have to go out and invent an Israel.”

He has repeated this comment often over the years (most recently, on October 27, 2023).

Consider the enormity of various US “interests” in the Middle East. We list some of these:

  • The Middle East continues to have the world’s largest reserves of oil and gas. It is therefore crucial to control this region. Israel is the perfect outpost in this endeavor. It serves as a military base for the US in the Middle East.
  • The most important trading routes on earth go through this region—the Suez Canal being the largest in volume. Over 30% of total world trade is shipped through this channel. Therefore, it must be secure.
  • Since US influence in the region has waned somewhat in recent years, a relationship with Israel becomes ever more important. For example, as Saudi Arabia has become more unaligned and no longer serves as a proxy for the US, Israel must fill the gap.
  • The US wishes to counteract China’s Belt and Road Initiative (the New Silk Road). It is encouraging alternate trade routes (which now tend to go east-west, with the emergence of China’s global trade). A route from India into the Persian Gulf is promoted. As it happens, this route will connect to Europe through Israel.

Of course, Israel and the US share similar values—democracy uppermost. However, it would not be radical to say that if Israel did not serve these and other interests of the US, Israel would find itself increasingly alone. In short, the support of Israel is based on the whims and prerogatives of secular commerce.

Blessings of the Jews

Why would such a small ethnic group as the Jews elicit such disproportionate hatred in the world? Consider that, as of 2023, the “core” Jewish population of the world was 16.1 million …. a mere 0.2% of the world population of 8 billion. They are outnumbered by a factor of 500 times.

Nevertheless, the Bible clearly says that the Jew will be a blessing to the world in many ways, this also being the case during the Diaspora. “As you have been an object of cursing among the nations, O Judah and Israel, so will I save you, and you will be a blessing” (Zechariah 8:13).

Indeed, the Jew has brought great blessings to the world in many ways. Just as the Bible said: “The remnant of Jacob will be in the midst of many peoples like dew from the LORD, like showers on the grass, which do not wait for man or linger for mankind” (Micah 5:7).

Possibly without major exception, every nation that gave harbor to the Jews eventually prospered and rose in prominence. For example, during the Golden Age of Poland of the mid-1800s, approximately 30% of all Jews were estimated to be living in that country.

Later, the Jews were severely persecuted in Poland. It has been a long time since this nation has been a world leader. The same applies to Spain after the 1400s. Before that time, Jews were a large reason for the prosperity and progress of Spain. To no surprise, Spain rapidly declined after 1492, the year the Jews were expelled.

Other examples could be cited, including Russia and also the Ottoman Empire, a Muslim empire that at one time allowed the Jews a great deal of freedom (however, not at other times, and hardly so in Turkey today). But how does this observation reflect upon the world today? Frankly, it begs the question of the current role of the Jew in America, in which approximately one-half of the Diaspora Jews live. Consider that the period since the 1950s has been dubbed by some as the Golden Age of the American Jew.

The world must be thankful for the many achievements of the Jewish people, the many Jewish Nobel Prize laureates—about one-fifth overall (this being 100 times the rate of the rest of the population)—the great inventions and arts. We see that the Jew has excelled in almost every faculty. Gentiles laud Jews for these achievements. Few would feel jealous that many of the greatest violin soloists were Jewish or that an outsized number of the Boston Symphonic Orchestra may be Jewish. Given this outstanding record, why seek to exterminate them, as has been attempted most notably by the Nazis during WW2.

Thoughts to Ponder

As Christians, we do not need to be apologists for the Jews nor condone every action of the modern State of Israel. However, there are several things we must do. First, “If some of the branches have been broken off, and you, though a wild olive shoot, have been grafted in among the others and now share in the nourishing sap from the olive root, do not boast over those branches. If you do, consider this: You do not support the root, but the root supports you” (Romans 11:17-18).

Next, “Do not be arrogant, but be afraid. For if God did not spare the natural branches, he will not spare you either” (vv. 20b-21).

While judgment and restoration have been set for the Jews, the Gentiles should best remember that judgment awaits them also. For the Christian, the Bema seat (and persecution) still lies ahead for us. Thanks to the Jew—Jesus Christ, in the flesh—we are spared eternal damnation (and so also the House of Jacob), but we do not escape judgment. That trembling time still lies ahead. Oh, may God’s severity that he has shown the Jew pass over us! How many countless times have we been disobedient, as were Israel and Judah? Yet, Jesus Christ has been faithful to forgive us.

According to the Prophet Hosea, this restoration surely draws near. Hosea was inspired to say, “After two days he will revive us; on the third day he will restore us, that we may live in his presence” (Hosea 6:2). As a “day is as a thousand years” (Psalm 90:4, 2 Peter 3:8), it is now well into the second half of the third day for the Jews.

God’s plan decrees that one day, there will be a global Jewish confederacy. It will be the Millennium … and not as the result of the “Protocols of the Elders of Zion” or any other contrived conspiracy theory. Gentiles will then be thankful that Jews are not the evil they are often made out to be. “In those days, ten men from all languages and nations will take firm hold of one Jew by the hem of his robe and say, ‘Let us go with you, because we have heard that God is with you'” (Zechariah 8:23).

God will restore the Jews for the sake of His promises to the patriarchs (Romans 11:28). This is such wonderful news for Jews and Christians alike. For if God is willing to go to such lengths to keep His promise for “David’s sake,” how much more so on behalf of Jesus Christ, His own Son?

It is time to stand up for Jews!


Wilfred J. Hahn is a global economist/strategist. Formerly a top-ranked global analyst, research director for a major Wall Street investment bank, and head of Canada’s largest global investment operation, his writings focus on the endtime roles of money, economics and globalization. He has been quoted around the world and his writings reproduced in numerous other publications and languages. His 2002 book The Endtime Money Snare: How to live free accurately anticipated and prepared its readers for the Global Financial Crisis. A following book, Global Financial Apocalypse Prophesied: Preserving true riches in an age of deception and trouble, looks further into the prophetic future.

If you have questions or other perspectives, you can contact Wilfred at: staff@eternalvalue.com. Please note that for reasons of volume and investment securities regulation, he cannot give financial advice.


Restless Nations Jostling to Usher in the 10 Kings :: By Wilfred Hahn

Given the state of geopolitical affairs today, it is key to see that groups of countries must come together to assemble sufficient common-minded heft to affect their agendas. Why? Because there is no longer a common global consensus, as we will show. Power is being spread more widely.

Globalism is on the ropes. Critically, this long-running trend is beginning to break up in our time. This is a fascinating and momentous development for many reasons. However, this writer believes the most notable one is that it reveals the birth pangs of minilateralism. What is this? It is the geopolitical fragmentation of national relationships that (we believe) will eventually set up the emergence of the 10 Kings.

This group of kings is mentioned or pictured in the Bible a total of 10 times. They must, therefore, be an important end-time actor. And indeed, this is the case.

The West, Downhill and Fading Out

Why the global tumult … and why today? For one, countries are becoming less cooperative. They are driven by self-interest, non-aligned objectives, hatred, and quixotic human actions. This makes for much strife and volatility. And since the world is secular and evil, at least some countries will gladly aspire to help fulfill the Antichrist’s agenda.

As mentioned, most interesting of all is this connection: It sets up the world for the 10 Kings. Minilateralism dovetails with the 10 kings mentioned in Scripture—a small group of countries that, under the aegis of the Antichrist, successfully aggregates sufficient power to control the entire world.

In our view, this development unfolding before our very eyes … is at the very doorstep. The 10 kings must emerge first, before the Antichrist is on the scene. At that time, the 10 kings give their power to the Antichrist. “The […] ten kings […] have one purpose and will give their power and authority to the beast” (Revelation 17:12-13). And then, “The beast […] was given authority over every tribe, people, language and nation” (Revelation 13:5-7). He must have enough power and authority so that “no one will be able to stand against him” (Daniel 11:16).

There are plenty of reasons to beware, but this one particularly so. Quickness! The 10 kings are not in service for very long. For example, no sooner have the 10 kings allied with the Antichrist that three of them are uprooted according to Scripture (backstabbed or betrayed?—Daniel 7:24). Events will unfold rapidly, as “he must remain for only a little while” (Revelation 17:10b).

A common question, therefore, is this: Are the 10 Kings revealed before or after the Rapture? We can’t be sure. But suffice it to say that the preparations or events that signal the advance of the 10-King association will be difficult to keep hidden. To the contrary, we think. The tumultuous geopolitical chafing and shifting will be hard to miss in the New York Times or Washington Post.

Following, we provide some evidence for this view.

Restless Nations

Fragmentation of geopolitical affairs can be seen everywhere.

Recently, Narendra Modi, Prime Minister of India and host of the recent meetings of the Group of 20 (G20) in New Delhi, welcomed the attendees with a Sanskrit slogan, “Vasudhaiva Kutumbakam.” Translated, this means, “The world is one family.”

The emphasis of the conference was global unity. The reality, however, is quite the opposite: The world is riven with rancor and strife … and increasingly so.

Since India took over the presidency of the G20 in December 2022, nearly two dozen ministerial meetings have failed to nail down a single communiqué. Usually, meetings of these major conferences always produce a report of agreed-upon resolutions. The world is obviously not in a peaceful state.

Clearly, the New Delhi G20 meeting showed how significantly global power institutions are fragmenting. Consider that two major members, Xi Jinping (General Secretary of the Chinese Communist Party) and Vladimir Putin (President of Russia), skipped the meeting entirely.

Also note the United Nations General Assembly of 2023. For most of the UN’s nearly eight decades of existence, meetings were always the high point for its participants, when world leaders met to argue over the pressing causes of the day. Apparently, no longer. Despite serious “world” issues such as the war in Europe, a spate of coups in Africa, natural disasters blamed on climate change, and friction between China and America, only one leader (France) of the five permanent UN members that wield veto votes was in attendance.

Next, we provide more evidence of global fragmentation. Observe the World Trade Organization. It officially commenced operations in 1995, replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. It has been a long time since any new initiative of this organization has been ratified by its members. Its operations have effectively been blockaded by the US. (Regional trade agreements, however, have moved forward sporadically, but there have been no “global” initiatives.) This is globalism today—unwound, toothless and frustrating.

A major catalyst for anti-globalism initiatives is a high dissatisfaction with the West … the superpowers … and rich-country bullies (as other, less powerful nations may see them). Nations such as the US and other wealthy countries still dominate (i.e., NATO and the G20 … and others). As such, failed progress for global unity is spurring the efforts of non-aligned countries. They are forming new organizations that are intended to disrupt or weaken the West. Some of the more prominent of these are listed next.

A new contender making fast tracks is the Asian Infrastructure Investment Bank (AIIB). It is a multilateral development bank and international financial institution, which aims to collectively improve economic and social outcomes in Asia. Already, it is the world’s second-largest multilateral development institution. Headquartered in Beijing, China, the bank currently has 106 members, with 14 prospective members from around the world (even including Canada).

Next, we review the Non-Aligned Movement (NAM). It is a forum of 120 countries that are not formally aligned with or against any major power bloc … so far. After the United Nations, it is the largest grouping of states worldwide. The countries of the Non-Aligned Movement represent nearly two-thirds of the United Nations’ members and contain 55% of the world population.

There are many more signs of fragmentation around the world. Consider two other contenders: first, the African Union (AU), and second, the Shanghai Cooperation Organization (SCO). The AU is an organization of 55 African nations. (Of note, the African Union also became a member of the G20, as did the EU some time ago.) The SCO was initially founded in 2001 by China and Russia. Today, it consists of 8 nations, covering approximately 80% of the area of Eurasia and 40% of the world population.

Not last by any means, we must mention another group of nations that is also rapidly gaining global clout. It is the BRICs countries. Starting with four members in 1995 (Brazil, Russia, India, and China), this year it welcomed six new members, bringing the total to 11 countries.

Quoting Wikipedia: “BRICs is a grouping of Brazil, Russia, India, China, and South Africa […] The BRICs nations encompass about 27% of the world’s land surface and 42% of the global population. Brazil, Russia, India and China are among the world’s ten largest countries by population, area, and GDP (PPP [purchasing power parity]), and the latter three are considered to be current superpowers, or potential emerging superpowers.”

Already, economists are speculating that this group will eventually be called BRICs Plus 132 … meaning 132 additional members. If so, this will be a powerful group.

By now, the reader will gain a sense of the “restlessness” of nations. Smaller groups and countries are gaining crucial profiles and influence.

Thoughts to Ponder

An interesting phenomenon is unfolding. After almost one hundred years of rapid globalization, international relationships and nation groups are fragmenting as perhaps never before.

What is the agenda? As already mentioned, many nations are rankled with the global institutions (International Monetary Fund, the World Bank, the United Nations, and many others) that are dominating policy and have proven to be inflexible at times. Most of these organizations were launched in the late 1940s (prompted by the horrors of the two World Wars). Already in the early 1950s, counter groups were mobilizing.

What must one conclude, viewing the jostling and positioning of nations today? Globalism is in decline; minilateralism is ascending. Many policymakers are losing patience with the calcification of various agencies and NGOs (non-governmental organizations). The consensus approach no longer works.

All of the above, we believe, foreshadows the emergence of the 10 Kings.

No doubt, many of the candidates for a slot in the 10 King line-up are already in existence today.


Wilfred J. Hahn is a global economist/strategist. Formerly a top-ranked global analyst, research director for a major Wall Street investment bank, and head of Canada’s largest global investment operation, his writings focus on the endtime roles of money, economics and globalization. He has been quoted around the world and his writings reproduced in numerous other publications and languages. His 2002 book The Endtime Money Snare: How to live free accurately anticipated and prepared its readers for the Global Financial Crisis. A following book, Global Financial Apocalypse Prophesied: Preserving true riches in an age of deception and trouble, looks further into the prophetic future.

If you have questions or other perspectives, you can contact Wilfred at: staff@eternalvalue.com. Please note that for reasons of volume and investment securities regulation, he cannot give financial advice.