Biblical Economic Review is a quarterly financial report that examines the world's financial system from a biblical
perspective. Its purpose is to analyze money and investments in the light of God's economic laws, so that investors can develop
Bible based financial strategies that will endure the economic calamities of the last days.
"A prudent man sees danger and takes refuge, but the simple keep going and suffer for it."
- Proverbs 22:3 NIV
The second round of the financial crisis is about to hit Main Street with crashing retail sales, mammoth unemployment, massive personal and corporate bankruptcies, record setting foreclosures, plunging real estate prices and more. In preparation for this next installment of intense economic shaking, this financial update lays out six immediate steps for protecting your finances.
Six of
the largest U.S. Stock Market crashes have occurred in or around judgment season of the Fall Feasts, and 2008 saw it
happen again for the seventh time.
On the eve of Rosh Hashanah (the Feast of Trumpets) Sept. 28th, the Stock Market fell 777 points. Ten days latter on Yom Kippur (the Day of Atonement), exactly one year after the Dow hit its all time high of 14,164, the Dow fell another 678 points. During the "Ten Days of Awe" between the Feasts of Trumpets and the Day of Atonement, the Dow fell a total of 2,560 points or 22%. From its high one year earlier to Yom Kippur 2008, the Dow lost 5,585 points or roughly 40%. Has judgment come to Wall Street? We believe it has and this teaching explains why.....
Ever since the tower
of Babel, the world's financial system has followed an economic model that creates debt bubbles, collapses debt bubbles,
and then confiscates the assets. This process, known as Babylon's Financial Dialectic, is part of the "Mystery
of Babylon" that ultimately takes the nations captive to the "mark of the beast" in the last days.
This quarter's Biblical Economic Review contains a series of four radio programs, where Norm Franz and Pastor Mark McLellan discuss how Babylon's Financial Dialectic is manifesting as today's financial crisis in fulfillment of end time prophecy. They also pinpoint where we are in the book of Revelation and what God's people must do to avoid becoming slaves of Mystery Babylon.
America's Transition Toward Financial Socialism
In the midst of the financial crisis that is currently shaking Wall Street, the Federal Reserve Bank and the U.S. Government are totally restructuring America's financial system. This restructuring is using debt-for-equity swaps to nationalize billions of dollars of private investments and bring them under the control of government institutions and their financial surrogates. This move toward Financial Socialism is a prelude to the""North American Union", which merges the U.S. with Canada and Mexico who already have socialistic financial systems in place. This teaching on "Debt-For-Equity Swaps" is based on Chapter 12 of Norm's book, "Money & Wealth in the New Millennium", which explains the inner workings of this process and how to avoid being taken captive by the beast system of Mystery Babylon.
America's debt-based
monetary system is the financial Humpty Dumpty that drives today's investments. Unfortunately, the subprime mortgage
crisis has produced a system wide credit crunch that has knocked Humpty right off his wall (Wall St). All the kings horses
and all the kings men (financial and political elite) are feverishly trying to put Humpty (the credit machine) back
together again, but without much success.
If you are looking for answers to what is happening on Wall St., this in-depth financial teaching provides a biblical analysis of the current economic crisis and how to storm proof your investment assets against an unstoppable system wide failure.
In this report, Norm
Franz reviews Chapters 9-13 of his book, Money & Wealth in the New Millennium, which explains why the subprime mortgage
crisis and the collapse of the Real Estate bubble marks the beginning of the end of our current financial system.
This teaching details how the growing international debt crisis will enslave the nations under a New World Financial Order and what you can do to protected yourself.