> General Discussions
End Time Prophecies
Dennis Vogel:
--- Quote from: Wanda on July 01, 2019, 02:17:59 PM ---Rev. 13:17
17 And that no man might buy or sell, save he that had the MARK, or the NAME of the wild beast, or the NUMBER OF HIS NAME.
March 2007 The New York Times reported that China's state-run Zhuhai Zhenrong Trading, the biggest buyer of Iranian crude worldwide, began paying for its oil in euros late last year. ... December 2007 Iran stops accepting U.S. dollars for oil.
Iran switches from dollar to euro for official reporting currency.
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1HP25W
The following link is to give more insight and not posted to encourage a political discussion. Doing so will be going against the rules of this forum.
https://www.mintpressnews.com/petrodollar-warfare-the-common-thread-linking-venezuela-and-iran/255123/
--- End quote ---
Good article Wanda.
I've followed Mike Maloney for years. He has no political agenda. He just observes IMO. A good YouTube video:
https://goldsilver.com/blog/untold-story-behind-usas-biggest-secret-deal-the-petrodollar/?utm_campaign=20190702PetrodollarMikeVideo&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius
Some think the reason for the Iraq war was Saddam Hussein was no longer going to use the US dollar to sell oil. Same for Murdar Quadafie and Iran. China, Venezuela, and Russia have also moved away from the petrodollar.
From Ray's Tower's paper:
As we speak (December, 2006), China holds ONE TRILLION American dollars. Hours ago Iran announced that the Iranian Central Bank is converting the state's foreign dollar assets into Euros, and it will be using the Euro for foreign transactions (what are the consequences for America if oil becomes pegged worldwide to the Euro? Russia is also talking about disconnecting oil sales from the US dollar).
Some countries are buying gold as fast as they can.
Oil no longer pegged to the US dollar is the beginning of the end IMO.
indianabob:
Hmmm,
since the U.S. is presently an oil exporter (?) the price of oil in Euros, may not be as serious a burden as it could be for Europe. Yes it could lead to the U.S. becoming isolationist and affect other trade conditions, but if we are going to have to suffer some degree of pain, then it may be delayed somewhat as the prophesies play out and lead to the U. S. not supporting Israel as we presently are. That could be bad for Israel and lead to them being overrun by other states in the region.
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I am recalling the lead up to WW2 when the U.S. refused to declare war and help Britain for 3 or 4 years until motivated by FDR and finally by Pearl Harbor 12-7-1941.
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Also note that Brexit or Britain leaving the EU may be some type of temporary protection for that little island especially if they continue to support the U.S. dollar and the Pound for oil. (??)
Just speculation of course. Bob
octoberose:
I have never fully understood the role of Israel in the end times . Oh, I’ve read a lot about it , but from contrary views . The elect are the chosen of God now - so how does that affect God s promises to the Jewish people ?
Heidi:
--- Quote from: Wanda on November 18, 2018, 06:07:52 PM ---Matthew 24:14 (KJV)
14 And this gospel of the kingdom shall be preached in all the world for a witness unto all nations; and then shall the end come.
Jesus, makes it clear this was a gospel of the kingdom that would be preached for a witness unto all nations.
“He went journeying from city to city and from village to village, preaching . . . the good news of the kingdom of God.”—LUKE 8:1.
Ray said, "Most people have not heard the gospel".
I didn't post the scripture myself because I was not clear on my own understanding, but felt the gospel might be for the elect. I'm still working it out.
--- End quote ---
Wanda, I have often thought that the gospel is only for the elect because hearing we understand and seeing we perceive through Gods spirit.....the few and the many principle.
But what if this gospel being preached is about us and not just for us.
As Christ is so are we in the world and in eager expectation is the creature waiting for the sons of God to be revealed.
So part of this gospel which Christ preached every Sunday was to introduce us. I'm completely humbled by that thought. Christ is the seed, when you plant a seed it brings forth many seeds once its ready for harvest.
We are the developing seeds (the fulfillment, the good news) of Christ seed and He had to die for us so that we can grow and then one day we will be many more seeds.
It's almost as if Christ is replicating himself in us. We will then, with Christ, be the saviours of the world. Christ being the first fruit. There is to me such a beautiful simplicity in Gods design.
I would be interested in anyones thoughts on this.
Heidi
Dennis Vogel:
--- Quote from: indianabob on July 02, 2019, 02:13:37 PM ---Hmmm,
since the U.S. is presently an oil exporter (?) the price of oil in Euros, may not be as serious a burden as it could be for Europe. Yes it could lead to the U.S. becoming isolationist and affect other trade conditions, but if we are going to have to suffer some degree of pain, then it may be delayed somewhat as the prophesies play out and lead to the U. S. not supporting Israel as we presently are. That could be bad for Israel and lead to them being overrun by other states in the region.
= =
I am recalling the lead up to WW2 when the U.S. refused to declare war and help Britain for 3 or 4 years until motivated by FDR and finally by Pearl Harbor 12-7-1941.
= =
Also note that Brexit or Britain leaving the EU may be some type of temporary protection for that little island especially if they continue to support the U.S. dollar and the Pound for oil. (??)
Just speculation of course. Bob
--- End quote ---
It has nothing to do with oil itself but with the dollar no longer being trusted as the world's currency. The US takes in about $3.5 trillion each year and is currently about $22 trillion in debt. We spend about half-a-trillion each year just servicing that debt (about 15% of the $3.5 trillion income).
We have kept the FED 15 year interest rate under 2.5% for years with artificial means. If the interest rate gets to and maintains 3.5% we will be spending a great deal more on interest but not able to pay it. Then the world will abandon the US dollar.
You will see 15 year interest rates approach 0% before it gets away from the Federal Reserve (which is private and not run by the government) and skyrockets, IMO.
Rev 18:9 And the kings of the earth, who commit prostitution and indulge with her, will be lamenting and grieving over her whenever they may be observing the smoke of her conflagration,
Rev 18:10 standing afar off because of the fear of her torment, saying, 'Woe! Woe! that great city! Babylon, the strong city! for in one hour your judging came.'"
Rev 18:11 And the merchants of the earth are lamenting and mourning over her, for no one is buying their cargo any longer:"
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