America's last Days

[U376977]

I just posted the below on my Wilkerson thread. It speaks for itself.


The current mess in the American Economy is caused by two things: housing, and price of oil.
I found this quote in a book of his I bought years ago. It was Americas Last Call written in 1996. I believe DW is writing about the current housing fiasco.

Here is what Wilkerson wrote:

“All the multiplied thousands who’ve had not time for God---who’ve laughed at moral standards and made wealth their idol, who’ve leveraged their homes to raise more money to gamble with stocks—are going to lose their savings, their homes, their fine cars and furniture. Many will try to declare bankruptcy. Indeed, this is happening already, even in these so-called good times, before the real panic comes. Last year alone, 1.3 million individual Americans declared bankruptcy. And soon there will be such a glut of people filing for bankruptcy, the federal government will have to pass legislation to stop the financial hemorrhaging.
I believe that in the not-too-distant future, almost every block on America’s streets will be lined with “For Sale” signs in front of homes. There will be sellers only, and very few buyers. The housing market will collapse --- and we could witness in our nation what happened to Japan, Indonesia and other nations of the Pacific Rim. There may be a 70 to 80 percent devaluation in real estate --- and a rush to liquidate everything to raise cash. Just as happened in Indonesia, we’ll see used $100,000 Mercedes Benz cars selling for less than $20,000. Banks and mortgage companies will be stuck with billions of dollars’ worth of property they can’t unload. As Jeremiah prophesies, “Their houses shall be turned unto others….” (6:12).”

No one--in 96--was predicting HPA to devalue. Never since the great depression have home prices declined. The first week of July mortgage applications were at a 7 year low. In the last 6-9 months we barely escaped a full collasp of the banking system, the FDIC predicts 200-250 banks will fail in the next year, JP Morgan CEO said, "prime (mortgages) are terrible...and we are at the beginning of our loss curve...", credit had never been so tight.

Wilkerson was right on.....

[Ferd]

Originally Posted by live4him

i think part of your statement is wrong i think we are in trouble, there is to much sin going on, i dont care about other countries i am talking just in general of sin, it is getting no better everywhere, just look around you can almost taste it, and you can smell it, it is bad no matter what and Gods wrath will be devestating when it comes thats why i said we need to be ready no matter what

I agree that we need to be ready. but we would need to be ready if it was 1880 at the hight of the Golden Age.

as for the times, L4H, take a look in a history book, America has never been more than 20 years from a war, nor 30 years from a resession.

we are 8 years from the last economic down turn, its time for such again.

the world is quite dangerous. we have begun a phase of war with Islam. This is the new cold war. and its going to get bad I suspect.

This might even be the beginning of the end of days... that is possible, but a lot of people thought the cold war was too... it wasnt.

If it is the beginning of the end of days, that isnt the judgements of God against America.

im rambling. suffice it to say, I do not believe we are about to be distroyed by God.

I could be wrong.... but if I am its because Ive heard this song and dance my entire life. and in 38 years of living and being Apostolic, I aint seen it yet.

come to think of it, I could give you a list of preachers down thru the ages going back to the revolution who have suggested such and they have all been wrong. so.... I aint buying it this time either.

[Ferd]

Originally Posted by U376977

I just posted the below on my Wilkerson thread. It speaks for itself.


The current mess in the American Economy is caused by two things: housing, and price of oil.
I found this quote in a book of his I bought years ago. It was Americas Last Call written in 1996. I believe DW is writing about the current housing fiasco.

Here is what Wilkerson wrote:

“All the multiplied thousands who’ve had not time for God---who’ve laughed at moral standards and made wealth their idol, who’ve leveraged their homes to raise more money to gamble with stocks—are going to lose their savings, their homes, their fine cars and furniture. Many will try to declare bankruptcy. Indeed, this is happening already, even in these so-called good times, before the real panic comes. Last year alone, 1.3 million individual Americans declared bankruptcy. And soon there will be such a glut of people filing for bankruptcy, the federal government will have to pass legislation to stop the financial hemorrhaging.
I believe that in the not-too-distant future, almost every block on America’s streets will be lined with “For Sale” signs in front of homes. There will be sellers only, and very few buyers. The housing market will collapse --- and we could witness in our nation what happened to Japan, Indonesia and other nations of the Pacific Rim. There may be a 70 to 80 percent devaluation in real estate --- and a rush to liquidate everything to raise cash. Just as happened in Indonesia, we’ll see used $100,000 Mercedes Benz cars selling for less than $20,000. Banks and mortgage companies will be stuck with billions of dollars’ worth of property they can’t unload. As Jeremiah prophesies, “Their houses shall be turned unto others….” (6:12).”

No one--in 96--was predicting HPA to devalue. Never since the great depression have home prices declined. The first week of July mortgage applications were at a 7 year low. In the last 6-9 months we barely escaped a full collasp of the banking system, the FDIC predicts 200-250 banks will fail in the next year, JP Morgan CEO said, "prime (mortgages) are terrible...and we are at the beginning of our loss curve...", credit had never been so tight.

Wilkerson was right on.....

time will certainly tell....

[OnTheFritz]

Originally Posted by live4him

i think part of your statement is wrong i think we are in trouble, there is to much sin going on, i dont care about other countries i am talking just in general of sin, it is getting no better everywhere, just look around you can almost taste it, and you can smell it, it is bad no matter what and Gods wrath will be devestating when it comes thats why i said we need to be ready no matter what

You probably shouldn't be a missionary.

[MissBrattified]

I like what Carp said the other day--when I asked why Sodom was destroyed. I expected him to say something else...LOL, and he said, "Because God couldn't find even 10 good men in the city.."

It isn't the presence of evil that brings judgment from God, so much as a shortage of the righteous.

[live4him]

the Bible says we do not know time or day when his coming is here, but it all comes down to be just ready to get out of this old vile world, i am sure alot of people cannot wait to get out of here,

[Michael Phelps]

Originally Posted by live4him

the Bible says we do not know time or day when his coming is here, but it all comes down to be just ready to get out of this old vile world, i am sure alot of people cannot wait to get out of here,

Well, I agree that we should all be ready, but I think one of our problems in the Apostolic church (and maybe others, although I have no first hand experience) is that we've convinced ourselves that this world is so bad, and heaven is so good, that we can't even enjoy life while we're here!

We have a lot of sour Christians who are miserable with the life they have, so instead of changing it, they look to the heavens and anxiously await their escape.

Just my humble opinion........

[live4him]

Originally Posted by DerrickS

You probably shouldn't be a missionary.

well there is no reason to say that- but i do know that outside of America, is bad, i sure dont live outside of the U.S. but i know there are lot of people in trouble, japan, china, africa, etc, i know, it is bad, but i was talking about america, where i live, it was just a statement, i sure know Gods judgement is falling outside of america too, to much stuff is going on that alot of us do not even know about,

[live4him]

Originally Posted by Michael Phelps

Well, I agree that we should all be ready, but I think one of our problems in the Apostolic church (and maybe others, although I have no first hand experience) is that we've convinced ourselves that this world is so bad, and heaven is so good, that we can't even enjoy life while we're here!

We have a lot of sour Christians who are miserable with the life they have, so instead of changing it, they look to the heavens and anxiously await their escape.

Just my humble opinion........

i hear what you are saying, i am not looking for an escape because if i was i would just kill myself and get it over with, i live a good life down here on earth and i make the best of it but i will not live it without God. I worry about my children and other situations, thats the reason why we all want to get out of here, but sin will not change it will be here for the long hall until we are caught up

[ReformedDave]

It's interesting that so many seem to think that America is in the middle of God's universe........