U.S. Financial Implosion Update

These updates are coming from Joel Rosenberg and the stark reality of the U.S. approaching financial collapse cannot be ignored:

Implosion Update

Open the article for a list of related links, all bolstering these same thoughts:

America today faces one of the greatest threats to its existence since our founding,” writes U.S. Senator Tom Coburn in his chilling new book, The Debt Bomb. “The threat does not come from any foreign army or terrorist network, but from our own government and its unsustainable spending. If we don’t change course in the near future — most likely the next two years — America as we’ve known it could soon be a shell of its former self. We could face a sudden economic collapse worse than the Great Depression, or we could enter an era of managed decline and waning influence.”

But we can’t wish this crisis away. The painful fact is our debt crisis poses an existential danger to the U.S. economy and way of life. Indeed, a new report by the Congressional Budget Office (CBO) says the U.S. is staring over the edge of a “fiscal cliff,” in growing danger of a double-dip recession, higher unemployment, and a European-style debt crisis.

We have blown past $15 trillion in federal debt this year, and we have $65 trillion in unfunded federal promises rushing our way. Just look at the horrors unfolding in Greece to see where we may soon be heading. Unfortunately, our economy is only part of the story.

I’ll be honest, I am deeply and increasingly concerned about the very real possibility that God will allow America’s economy and society and collapse. It’s by no means a foregone conclusion, of course. We’ve seen God rescue our country from the brink before, especially during the Great Awakening of the early 1700s and the Second Great Awakening of the early 1800s. I’m praying earnestly for a Third Great Awakening to come soon, and in the book — and the simulcast – I’ll describe why I believe we desperately need such a powerful, sweeping move of God. But my concern is that if the Church doesn’t wake up soon, and if America does not repent and plead with God for forgiveness and mercy soon, the Lord may very well remove His hand of grace from us in the not-too-distant future.