Wednesday, June 3, 2009

The current Financial Crisis fortold In Book 1923 by EG White

The land boom has cursed this country, extravagant prices have been paid for lands bought on credit; then the land must be cleared, and more money is hired; a house to be built calls for more money, and then interest with open mouth swallows up all the profits. Debts accumulate, and then come the closing and failure of banks, and then the foreclosure of mortgages. Thousands have been turned out of employment; families lose their little all, they borrow and borrow, and then have to give up their property and come out penniless.
The agencies of evil are combining their forces and consolidating. They are strengthening for the last great crisis. Great changes are soon to take place in our world, and the final movements will be rapid ones.
Fundamental of Christian Education 1923 page 317

"Justice standeth afar off: for truth is fallen in the street, and equity cannot enter." Isaiah 59:14. In the great cities there are multitudes living in poverty and wretchedness, well-nigh destitute of food, shelter, and clothing; while in the same cities are those who have more than heart could wish, who live luxuriously, spending their money on richly furnished houses, on personal adornment, or worse still, upon the gratification of sensual appetites, upon liquor, tobacco, and other things that destroy the powers of the brain, unbalance the mind, and debase the soul. The cries of starving humanity are coming up before God, while by every species of oppression and extortion men are piling up colossal fortunes.
Those who hold the reins of government are not able to solve the problem of moral corruption, poverty, pauperism, and increasing crime. They are struggling in vain to place business operations on a more secure basis. If men would give more heed to the teaching of God's word, they would find a solution of the problems that perplex them.

Testimonies for the Church Volume Nine (1909), page 13, paragraph 3

Money will soon depreciate in value very suddenly when the reality of eternal scenes opens to the senses of man.

Welfare Ministry (1952), page 266, paragraph 1

roalblood: make no mistake ,The end is near

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