MOVING CLOSER TO A
FINANCIAL ARMAGEDDON

By: SR Shearer


PREFACE

At the end of his life, the Apostle Paul was left alone and bereft of friendship. In his Second Letter to Timothy, he wrote:

"You will know, I expect, that all those who were in Asia have turned against me, Phygelus and Hermogenes among them." (II Timothy 1:15)

Beheading of St Paul by San Paolo Maggiore, Bologna, Italy

And he went on to say:

"The first time I had to defend myself [before Caesar] no one was on my side - they all deserted me. God forgive them! Yet the Lord himself stood by me and gave me the strength to proclaim the message clearly and fully, so that the Gentiles could hear it, and I was rescued 'from the lion's mouth'. I am sure the Lord will rescue me from every evil plot, and will keep me safe until I reach his heavenly kingdom. Glory be to him for ever and ever!" (II Timothy 4:16-18)

Shortly afterwards, Paul was found guilty of treason against the Roman state and was beheaded in Rome around the mid 60s A.D., during the reign of Nero.

Naturally enough, the fact that he stood alone at the end of his life was no real surprise to Paul. And the reason? – those who had been so faithful to him during the early years of his ministry had been subsumed by the "cares of this life:"

"For I have told you often before, and I say it again now with tears in my eyes, there are many who walk along the Christian road who have become the ENEMIES of the cross of Christ. Their future is ... LOSS ... [for] all they think about is this life here on earth." [Phil. 3:18-19 (Amp.)]

"For all they think about is the cares of this life ..." - a good home, a good car, a good career, a good education, a good bank account, a good vacation, etc.

"ALL THEY THINK ABOUT IS THIS LIFE ON EARTH!" - and that's precisely what it takes to acquire the "good things of this life." The fact is, the accumulation of these things does not come easily, nor does it come accidentally; they require a great deal of time and effort to get; and more than that, once they are acquired, they necessitate a great deal of exertion to keep. The "servicing" of the "good things of this life" involves the expenditure of a lot of energy – and it indicates where one's heart really is. That's the truth of the matter. And if your time is spent "prettying" up your house, getting a good education, pursuing a career, getting that promotion, etc., then "YOUR FUTURE IS LOSS!" - AND YOU WILL BE SEPARATED FROM THE KINGDOM OF GOD. [Please see our article, "The Titanic."]

Of course, if one asked Phygelus and Hermogenes (see above) and the many others who had deserted Paul, they would have denied the fact that they had "deserted the faith." But the only ones they were kidding were themselves.

In this "day and age," the fact that so many Christians deny that we are perilously close to the "end of the age" – to the Tribulation Period - is perhaps the best evidence of where they stand insofar as their entanglements with the "affairs of this life" are concerned, and all this despite the abundant evidence that the world is careening ever closer to the kind of financial meltdown that Robin Brace described in his article, "Worrying Parallels Between the Weimar Republic and Modern Western Society" – the kind that is needed to catalyze the appearance of the antiChrist.

The evidence of how close we are to the end is there – but Christians don't want to see. These are the kind of Christians about whom the Apostle Peter wrote, saying -

"... there shall come in the last days scoffers, walking after their own lusts,

"And saying, Where is the promise of his coming? for since the fathers fell asleep, all things continue as they were from the beginning of the creation." (II Peter 3:3-4)

What follows are the facts of the matter.

-- Antipas

[We URGE you to review our twin articles, "There Are Seven Kings" and "Seven Days in May."]

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INTRODUCTION

Dr. Rossen Vassilev, writing for The American Spectator, reports:

"The new 'normal' state of the economy is marked by a stalled economic recovery, low consumer demand as well as persistently high unemployment engulfing large sectors of the population. These same 'gloom-and-doom' economists claim that the real level of unemployment may be close to the Great Depression level of 25% if one subtracts the number of those gainfully employed from the number of all working-age adults in the active population."

NOTE: The "New Normal" accepts the fact of a 7.7% to 9.0% unemployment rate – which translates into a 18% REAL unemployment rate. [Please see our article, "A Permanent 30% Unemployment Rate."]


By Mike Whitney

Don't get snookered by the "housing prices have hit bottom" hype. It's just another scam to lure people back into the market.

The only reason that prices aren't still plunging, is because the banks have slowed the foreclosure process to a crawl to decrease supply. As we all know, when you decrease supply, you increase demand and prices rise. And that is exactly what's happening. But the temporary uptick in prices doesn't reflect the true condition of the housing market which is still in the toilet. There's just too many houses and too few buyers. Experts figure that there may be anywhere between 5 to 11 million distressed homes that will eventually be dumped on the market. That's going to push down prices and wipe out whatever equity you've managed to gain by making your mortgage payments.

Economist Michael Snyder writes:

"The global debt crisis has reached a dangerous new phase. Unfortunately, most Americans are not taking notice of it because most of the action is taking place overseas, and because U.S. financial markets are riding high. But just because the global economic crisis is unfolding at the pace of a "slow-motion train wreck" right now does not mean that it isn't incredibly dangerous."

Snyder continues:

"As I have written previously, the economic collapse is not going to be a single event. Yes, there will be days when the Dow drops by more than 500 points. Yes, there will be days when the reporters on CNBC appear to be hyperventilating. But mostly there will be days of quiet despair as the global economic system slides even further toward oblivion. And right now things are clearly getting worse.

"Things in Greece are much worse than they were six months ago. Things in Spain are much worse than they were six months ago. The same thing could be said for Italy, France, Japan, Argentina and a whole bunch of other nations. The entire global economy is slowing down, and we are entering a time period that is going to be incredibly painful for everyone.

"At the moment, the U.S. is still experiencing a 'sugar high' from unprecedented fiscal and monetary stimulus, but when that 'sugar high' wears off the hangover will be excruciating. Reckless borrowing, spending and money printing has bought us a brief period of 'economic stability', but our foolish financial decisions will also make our eventual collapse far worse than it might have been. So don't think for a second that the U.S. will somehow escape the coming global economic crisis. The truth is that before this is all over we will be seen as one of the primary causes of the crisis.

What's Behind the Swiss Gearing Up
for Major Unrest Through Out Europe?

by Robert Wenzel

John R. Schindler, a professor of national security affairs at the U.S. Naval War College, is out with a fascinating report. The Swiss are apparently gearing up for the possibility of major civil unrest throughout Europe. It's difficult to say for sure, whether Swiss officials really see an increased threat or whether this is just an expansion of the Swiss state, an expansion typical of most governments these days, who will attempt to create fear in any way possible to grow the state. Here's Schindler:

Do the Swiss know something the rest of us don't?

Ueli Maurer, the Swiss defense minister, has been making coy statements about the European crisis getting ugly - as in really ugly, like needing armed troops to deal with it. This sounds more like Greece, where the rioting is regular and increasingly scary, than anything in Central Europe, but where the whole EU furball is headed does seem less than clear of late.

The Swiss are famous for preparing for everything and having an absolutely huge army, relative to their population, to deal with any eventuality. They maintain their special military system, based on training for nearly the whole male population but a very small active duty cadre (plus a few, tiny UN peacekeeping-type missions abroad, since the Swiss have an actually defensive defense force): the Swiss can call up over 200,000 trained troops, which is but one-third of what was on-call twenty years ago - like everyone, they have downsized as the threat has receded since the fall of the Soviet bloc - but that's still pretty huge in Swiss terms. In America, that would mean a mobilization strength of nearly 8,000,000 for the U.S. military (it's a hair under three million, in case you were wondering).

Minister Maurer, accompanied by whispers from the top uniformed leadership in Switzerland, is trying to raise awareness that Europe's massive fiscal-cum-political crisis could get very unpleasant. Swiss military exercises in September, called STABILO DUE, were based on EU instability getting out of hand. The Swiss have stayed out of the EU - one more thing the very prosperous Swiss are gloating about these days - and they certainly don't want EU problems spilling over into their peaceful little country. That the Swiss military is adding four new military police battalions to the army, to be spread around the country, indicates that the threat they have in mind is more disorder and chaos than actual invasion.

"The following are 21 signs that the global economic crisis is about to go to a whole new level....

  1. Bank of Israel Governor Stanley Fischer says that the global economy is "awfully close" to a deep recession.
  2. It was announced last week that the unemployment rate in Greece has reached an all-time high of 25.1 percent. Unemployment among those 24 years old or younger is now more than 54 percent. Back in April 2010, the unemployment rate in Greece was only sitting at 11.8 percent.
  3. The IMF is warning that Greek debt may have to be "restructured" yet again.
  4. Swedish Finance Minister Anders Borg says that it is "probable" that Greece will leave the euro, and that it might happen within the next six months.
  5. An angry crowd of approximately 40,000 angry Greeks recently descended on Athens to protest a visit by German Chancellor Angela Merkel...
  6. The debt crisis is Argentina is becoming increasingly troublesome.
  7. The government debt to GDP ratio in Italy is expected to hit 126 percent this year. In Greece, it is expected to hit 198 percent. In Japan, it is expected to hit a whopping 237 percent.
CASCADE OF PROPHETIC EVENTS THAT ANTIPAS HAS ANTICIPATED
Examining point #1, 8, 10
  1. Economic Crisis
    1. The mortgage meltdown.
    2. The derivatives crisis.
  2. The division of the world's population into a tiny, very wealthy financial elite and the rest of mankind, most of whom have been (are being) reduced to a state of abject poverty.
  3. The development of a CHRISTIAN (so-called) super-state.
  4. The emergence of an antiChrist figure who will be very UNLIKE what most Christians expect.
  5. An antiChrist figure who will seemingly champion the interests of the nation of Israel.
  6. The convergence of Christianity's many different factions into a vast POLITICAL movement based not on any legitimate form of Christianity, but on HATE.
  7. The emergence of an extremely radical form of Islam that will challenge the interests of the United States in the Middle East, North Africa and Central Asia, and that will threaten the existence of the Jewish state in the Middle East.
  8. The probable break-up of the European Union.
  9. An attack by Israel on Iran's nuclear facilities that will precipitate the final Islamic radicalization of the Middle East.
  10. Some kind of mind-numbing event that will lead to a dictatorial takeover of the United States by the Religious-Right in conjunction with America's financial elites and supported by the American military - an event that will precipitate the OVERT imposition of police-state controls on the American population.
  11. The absorption of the great MASS of Christians into the APOSTATE church, which is precisely what happened to Christians in Hitler's Germany.
  12. The signing of a FORMAL defense pact between Israel and the United States; this event will commence the Tribulation Period.

[Please see our article, "Precipitating a Cascade of Prophetic Events."]

  1. Standard & Poor's has slashed the credit rating on Spanish government debt to BBB-, which is just one level above junk status.
  2. Back in the year 2000, the ratio of total debt to GDP in Spain was 192 percent. By 2011, it had reached 363 percent.
  3. Record amounts of money are being pulled out of Spanish banks, and many large Spanish banks are rapidly heading toward insolvency.
  4. Manufacturing activity in Spain has contracted for 17 months in a row.
  5. It is being projected that home prices in Spain will fall by another 15 percent by the end of 2013.
  6. The unemployment rate in France is now above 10 percent, and it has risen for 16 months in a row.
  7. There are signs that Switzerland may be preparing for "major civil unrest" throughout Europe.
  8. The former top economist at the European Central Bank says that the ECB has fallen into a state of "panic" as it desperately tries to solve the European debt crisis.

Europe is not just heading into another recession. The truth is that Europe is heading into a full-blown depression.

  1. According to a recent IMF report, European banks may need to sell off 4.5 trillion dollars in assets over the next 14 months in order to meet strict new capital requirements.
  2. In August, U.S. exports dropped to the lowest level that we have seen since last February.
  3. Economics Professor Barry Eichengreen is very concerned about what is coming next for stocks in the United States...
  4. During the week ending October 3rd, investors pulled more than 10 billion dollars out of U.S. mutual funds. Overall, a total of more than 100 billion dollars has been pulled out of U.S. mutual funds so far this year.
  5. As I wrote about the other day, the IMF is warning that there is an "alarmingly high" risk of a deeper global economic slowdown.
  6. The U.S. economy and the U.S. financial system are unsustainable from any angle that you want to look at things.

    When shipping companies start laying off workers, that is one of the best signs that economic activity is slowing down. That is why it was so troubling when it was announced that FedEx is planning to get rid of "several thousand" workers over the coming months. According to AFP, "its business is being hit by the global economic slowdown".

"In any event, the truth is that the U.S. economy and the U.S. financial system are unsustainable from any angle that you want to look at things.

"We are drowning in government debt, we are drowning in consumer debt, Wall Street has been transformed into a high risk casino where our largest financial institutions are putting it all on the line on a daily basis, we are consuming far more than we are producing, there are more than 100 million Americans on welfare and we are stealing more than 100 million dollars an hour from future generations to pay for it all.

"Anyone that believes that we are in 'good shape' does not know the first thing about economics. Sadly, the U.S. is not alone. Nations all over the globe are experiencing similar problems.

"The global economic crisis is just beginning and it is going to get much, much worse."

American evangelicals whistling past the graveyard and pretending the Tribulation is still a long way off.

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WE ARE UNDER ATTACK - LARGELY BECAUSE OF OUR LAST TWO ARTICLES

&

WE NEED YOUR FINANCIAL HELP

SEVEN DAYS IN MAY:
Obama verses the generals:
a failed coup attempt

THERE ARE SEVEN KINGS ...

We have come under considerable pressure because of our last two articles, "Seven Days in May" and "There Are Seven Kings." While I am restrained from going into too much detail, I can tell you that the stress we have been under has been intense and very extreme.

These attacks have drained down to nothing our financial resources, and we desperately need your help so that we can continue the work to which the Lord has called us.

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God bless you all!

S.R. Shearer
Antipas Ministries

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IN ADDITION, WE URGE YOU TO DOWNLOAD THE NEW ANTIPAS PAPERS, PRINT THEM OUT YOURSELF, AND STUDY THEM CAREFULLY; SHARE THEM WITH YOUR FRIENDS.

YOU MAY DOWNLOAD THEM FREE!

***

FINALLY, WE URGE YOU TO DOWNLOAD AND PRINT OUT THE FLYER WE SENT TO YOU RECENTLY.

YOU MAY DOWNLOAD THE FLYER HERE

Then make copies and take these copies out to the campuses where you live; pass them out; OR if that seems too "daring" for you right now, post them on telephone poles, the sides of buildings, on campus bulletin boards; post them in union halls, in the neighborhoods of the poor and downtrodden, near employment offices, wherever you can.


Once again, we URGE you to read (or re-read):

We need your help to spread the word concerning Antipas Ministries and the eschatological viewpoint it represents; WE NEED YOUR HELP BECAUSE WE DO NOT "LINK" WITH OTHER SO-CALLED "CHRISTIAN" WEBSITES which are, for the most part, "in the tank" insofar as their loyalty to the United States is concerned - a loyalty that has made them partners in the BLOODY trail the American military has left in its TERROR-RIDDEN rampage throughout the world, as well as making them partners in the abject poverty that American corporations have imposed on the peoples and nations the American military machine has ravaged - A BLOODY, TERROR-RIDDEN RAMPAGE THAT HAS TO A LARGE DEGREE BEEN CARRIED OUT IN THE NAME OF THE "PRINCE OF PEACE." [Please see our articles, "The Third World as a Model for the New World Order," Inside the American New World Order System" and "The American Empire: The Corporate / Pentagon / CIA / Missionary Archipelago."]

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