Tag Archives: debt

BIBLICAL ECONOMICS

Free markets are a thing of the past. We can now see the economic consequences of governments controlling markets, education, health and welfare and it is frightening. The debt levels of nations around the world is beyond recovery. Collapse and anarchy are imminent. The video below reveals the details you need to know so you can plan accordingly. The series by R.C.Sproul Jnr is excellent.

Be Prepared for Big USA Banks to Fail

This video reveals that the big USA banks exposure to derivatives is unsustainable The derivatives market or perhaps better named casino is huge $552.9 trillion dollars. This money is gambling on future market changes.  Their exposure to derivatives is on average 50 times their asset value. This is greed at its worst. This collapse is imminent and even Trump is saying you heard it from him first.

Australia banks exposure to the derivatives market (casino) has risen sharply and is as high as 5 times their asset value. This is nothing like the 50 times the big USA banks but is still of concern. Check out your own banks exposure.

Very few know that NAB, Westpac and the Reserve Bank of Australia all were recipients of reserve funds from the USA Reserve during the last financial crisis. This help will not be available in the upcoming massive crisis.

GODLY FOUNDATION for PERSONAL FINANCES

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DON’T PUT YOUR TRUST IN STUFF – money and possessions.

ESTABLISH GOD AS YOUR SOURCE:,
2 Corinth 9:8 ,
“And God is able to make all grace abound to you, so that having all sufficiency in all things at all times you may abound in every good work.”
Matt 6:25-33,
“Therefore I tell you do not be anxious about your life, what you eat or what you will drink, nor about your body , what you will out on. Is not your life more than food, and the body more than clothing? Look at the birds of the air: they neither sew nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not of more value than they? And which of you being anxious can add a single hour to his span of life? And why are you anxious about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin, yet I tell you, even Solomon in all his glory was arrayed like one of these. But if God so clothes the grass of the field, which today is alive and tomorrow is thrown into the oven, will he not much more clothe you, O you of little faith? Therefore do not be anxious, saying, “What shall we eat?” or “What shall we drink?” or “What shall we wear?” For the gentiles seek after all these things , and your heavenly Father knows that you need them all. But seek first the Kingdom of God and His righteousness and all these things will be added to you.”
Phil 4:19.,
And my God will supply every need of yours according to His riches in glory in Christ Jesus.

ESTABLISH REGULAR GIVING:,
Malachi 3:8-10,
“Will man rob God? Yet you are robbing me. But you say, “How have we robbed you?” In your tithes and contributions . You are cursed with a curse, for you are robbing me, the whole nation of you. Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no need.”
2 Corinth 9:6-7,
“The point is this: whoever sows sparingly will reap sparingly, and whoever sows bountifully will also real bountifully. Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver.

BELIEVE GOD WANTS TO PROSPER YOU ,
Psalm 35:27,
“Let those who delight in my righteousness shout for joy and be glad and say evermore, Great is the Lord, who delights in the welfare of his servant.”
Joshua 1:8,
“This Book of the Law shall not depart from your mouth, but you shall meditate on it day and night, so that you may be careful to do according to all that is written in it. For then you will make your way prosperous , and then you will have good success.”
Psalm 1:1-3,
“Blessed is the man who walks not in the counsel of the wicked, nor stands in the way of sinners, nor sits in the seat of scoffers: but his delight is in the law of the Lord, and on His law he meditates day and night.
He is like a tree planted by streams of water that yields its fruit in its season, and its leaf does not wither. In all that he does, he prospers.”
Haggai 2:15-19,
Although God’s people had planted their seeds, the day of harvest is still months away, and yet the Lord promises that an abundant harvest will in fact come. The work of the temple had been started again, giving evidence of the people’s renewed devotion to the Lord and their return to a God centred lifestyle.
2 Chronicles 7:13-14,
“When I shut up the heavens so that there is no rain, or command the locust to devour the land, or send pestilence among my people, if my people who are called by my name humble themselves and pray and seek my face and turn from their evil ways , then I will hear from heaven and will forgive their sin and heal their land.”
Isaiah 48:17,
“Thus says the Lord, your Redeemer, the Holy One of Israel: I am the Lord your God, who teaches you to profit, who leads you in the way you should go.”
Proverbs 3:9-10, “Honour the Lord with your wealth and with the first fruits of all your produce; then your barns will be filled with plenty, and your vats will be bursting with wine.”