Is the world doomed to suffer another Depression?

Prophecy Sign: The collapse of the global economy

So while the masses are entertained by the antics of Kim Kardashian, or the exploits of Charlie Sheen, or are all abuzz at who was voted out of the house on the program, "Big Brother", the global economy races towards a major collision with a brick wall. The Romans use to pull the same stunt centuries ago; amuse the masses with the sands of the coliseum, while the Empire falls apart. It was called "bread and circuses" and the same ploy still works today.

Don't fall for the ploy. The world’s economy is being brought down, either by design, (which happens to be our belief), or just by plain stupidity and greed, (also true). This must needs be done in order for the ultimate implementation of the economic and financial world order of the future Antichrist, (who we think is already in the world ready to make his appearance on the scene). And the speed at which this economic implosion plan is coming together is staggering.

Pay attention. Bible prophecy is being fulfilled before your very eyes and in your generation.

“The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore—cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; Revelation 18:11-12 NIV

From the articles:

Europe is in disarray, stock markets are plunging, the banking crisis is back in full swing, gold is at record levels, and both the UK and US are self-evidently slipping back towards recession – not since the autumn of 2008 have things looked quite so ominous. We appear to be at another pivotal moment, with Western economies once more staring into the abyss. At a conference in Frankfurt this week, Josef Ackermann, chief executive of Deutsche Bank, compared events to the Lehman Brothers catastrophe of 2008 and warned that many banks in Europe are essentially bust. His opposite number at KfW went further still and said that the present cocktail of negatives was “much more dramatic than 2008”.

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Stocks fell on Monday and the euro hit a three-week low versus the dollar as worries about Greek and Italian fiscal deficits and a regional election rout for Germany’s ruling party cast more doubt on the euro zone’s ability to solve its debt crisis. Data on Friday showing U.S. employment growth halted in August fueled concerns that the world’s biggest economy is slipping back into a recession, sending Wall Street sharply lower on Friday before a long weekend.

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The International Monetary Fund has called on the US and Europe to abandon fiscal austerity and switch to stimulus measures, warning that the global economy faces a "threatening downward spiral". Christine Lagarde, the IMF's managing-director, said the outlook had darkened suddenly over the summer. "There has been a clear crisis of confidence that has seriously aggravated the situation. Measures need to be taken to ensure that this vicious circle is broken," she said.