Friday, April 28, 2023

NO shame in debt

 

Proverbs 29:25

King James Version

25 The fear of man bringeth a snare: 

but whoso putteth his trust in the Lord 

shall be safe.


Can't pay your bills?

Can't pay your loans?

Creditors on your back all the time?

We're not alone in our battle.

You think the LORD has forgotten you?

Take heart, for SPIRIT gives us comfort.

He led me to the bigger picture today.

Such as world debt.

And I thought to myself:

"If nations cannot pay,

how much more can one man pay?"


"If those in the know fail,

how much more can everyday people succeed?"


"Is the world economic system rigged,

that the rich remain rich, 

and the poor remain poor?"


"Is the world designed

for but a few

to live, thrive, and succeed?"


"Do the few entitled elite

wish to keep everyone in ignorance?"


"Is debt an instrument

to keep people poor,

and controlled?"


Legit questions, right?

We're not the only ones with debt.

The world has a US$305 trillion debt.

Yes, that's a mind-boggling 305 trillion in debt.

Check these findings:

Global Debt Reaches A Record $226 Trillion

List of countries by external debt

List of countries by corporate debt

List of countries by household debt

List of countries by government debt

National debt of the United States

Government debt (public debt)


Relevant financial institutions:

World Bank (WB)

International Monetary Fund (IMF)

Bank for International Settlements

International Finance Corporation

Multilateral Investment Guarantee Agency

U.S. International Development Finance Corporation

Asian Development Bank

New Development Bank


Related links:

United Nations

The Swiss constituency

Bretton Woods Conference

Bretton Woods system

Global financial system

Gold standard

Outline of finance

Credit theory of money

Debt deflation

Causes of the Great Depression: Debt deflation

Debt


The debt of one, becomes the profit of another.

The debt of many, becomes the profit of a few.

That's how the world works.

For it is NOT of GOD.

More articles here.


Related post:

The world is NOT financially savvy


Image: Clipart Library


Updated 28 April 2024


What's with 2030?

  James 4:13 King James Version 13 Go to now, ye that say,  To day or to morrow  we will go into such a city,  and continue there a year,  a...