The US Economy since 9/11

I have not read Dr. David Jeremiah's book, but as we watch the events unfold around the world and in this country I see no reason to believe that there going to be any kind of economic prosperity of any lasting value either from secular reasoning or from a biblical one as all this must come to past. Personally I believe we are witnessing the end of this nation as we know it.

 

The post WW2 "middle class" bubble was produced by freak economic conditions and would have eventually popped on its own. 911 gave the our owners an excuse to intentionally pop it and sink the US.

The US will return to the world historical norm of 80% working poor and serfs. So will most of the western world.

 

Here is a link for a video about some of what is in the book. Keep in mind while listening that 1 trillion is a million dollars a day, every day, for 2739 years.
http://www.lightsource.com/ministry/ankerberg-show/the-coming-economic-crisis-part-1-the-fall-of-the-american-economy-207373.html

We are going to go fall.

 

I'm not a fan of many of Dr. Jeremiah's points and think his reasoning and points aren't well supported.

The events of 9-11 changed everything for the new century. If not immediately, they signaled the growing reality that the economic conditions of dramatic (and unprecedented) economic expansion were teetering on the brink. The worldwide economy slowly and quietly has begun its shift from western economic imperialism and began moving towards the emerging markets in China, India, Russia, and Brazil.

Maybe 9-11 was the trigger for many present conditions. More than anything we soon saw the effects of globalization, the contagion of interrelated markets, and continued economic instability.

A really great free video series is available about a lot of these things and is far better than Dr. Jeremiah's text. It is called Commanding Heights and is available from PBS. (Just google the title and PBS)

We'll likely emerge from this decade of instability, but it will take time and every time we get another government meddling, recession elongating "Quantative Easing" it will take just so much longer.

 

911 was the excuse the industrial-military complex needed to keep the war economy going. We have been at war with someone since 1943.

 

Sure will if we keep feeding the central bankers. Our forefathers threw them out 1776 but they came back strong in 1913 and they've been fattening us up and sheering us on a regular basis since then.