April 18, 2010

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Last-Day Oppressors: Honored Elites and an Indebted World Order - Part 1 The results continue to roll in … and they are shocking. Though some may think that the Global Financial Crisis (GFC) already belongs to the history books, in reality, its fallout is epochal for the world; its development a chapter in the processes leading to the “end of days.” Readers might think this a sensationalist statement. However, by the end of this article, you may want to reconsider. According to a recently released study by two well-known international economists, Carmen Reinhart and Kenneth Rogoff, the impact of the GFC upon global debt levels has been catastrophic. In their research report1, they document that government debt levels around the world have risen 75% over the last two years. Stop to consider this statistic for a moment. Astoundingly, in the short time-span of only two years, “global” government debt levels have risen by more than two-thirds. No, this is not a statistic that applies to a single “banana republic” nation. Rather, it applies to the entire world. The total amount of all government debt in the world rose 75% in that incredibly short space of time. While anyone following global financial affairs during the last few years will not have been surprised by this development, it nonetheless is alarming. Many secular observers would agree. However, we here wish to focus upon the prophetic timeline and an entirely different set of questions. Just why the rapidity? Just how does this trend correlate with the Bible? Does government debt have an endtime role? Taken together with several other trends and a literal scriptural perspective, in our view, it leads to an irrefutable diagnosis. These developments do align with endtime Bible prophecy. Though, of course, we cannot draw any near-term, specific predictions, we would be negligent not to conclude that the world is indeed on the fast track to great troubles “such as never was” (Daniel 12:1). Just what threat to the entire earth would cause policymakers around the globe to plunge into such lunacy? Of what great significance is this development?
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Moralistic Therapeutic Deism--the New American Religion When Christian Smith and his fellow researchers with the National Study of Youth and Religion at the University of North Carolina at Chapel Hill took a close look at the religious beliefs held by American teenagers, they found that the faith held and described by most adolescents came down to something the researchers identified as “Moralistic Therapeutic Deism.” As described by Smith and his team, Moralistic Therapeutic Deism consists of beliefs like these: “A god exists who created and ordered the world and watches over human life on earth.” “God wants people to be good, nice, and fair to each other, as taught in the Bible and by most world religions.” “The central goal of life is to be happy and to feel good about oneself.” “God does not need to be particularly involved in one’s life except when God is needed to resolve a problem.” “Good people go to heaven when they die.” That, in sum, is the creed to which much adolescent faith can be reduced. After conducting more than 3,000 interviews with American adolescents, the researchers reported that, when it came to the most crucial questions of faith and beliefs, many adolescents responded with a shrug and “whatever.” As a matter of fact, the researchers, whose report is summarized in Soul Searching: The Religious and Spiritual Eyes of American Teenagers by Christian Smith with Melinda Lundquist Denton, found that American teenagers are incredibly inarticulate about their religious beliefs, and most are virtually unable to offer any serious theological understanding. As Smith reports, “To the extent that the teens we interviewed did manage to articulate what they understood and believed religiously, it became clear that most religious teenagers either do not really comprehend what their own religious traditions say they are supposed to believe, or they do understand it and simply do not care to believe it. Either way, it is apparent that most religiously affiliated U.S. teens are not particularly interested in espousing and upholding the beliefs of their faith traditions, or that their communities of faith are failing in attempts to educate their youth, or both.”

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I'm a watchman for Christ, looking on the horizon in expectation for the fulfillment of God's Word.

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