Forecast – Anything That Can Fall Will

Most of the passengers on this Titanic don’t even know that it’s sinking. Even after that deafening crunch against the iceberg, they remain seated and calm as the orchestra plays them all into the icy sea. Did they not learn what happened to the last Titanic, and the one before that, and the one before that? The fundamental problem here isn’t that we couldn’t see the iceberg, because it had been well in sight from a long ways away, but when the captain’s announcement went out, no one cared.

I think some of us need a quick map that can tell us ‘You Are Here’ concerning the global crises. So where are we? I’m sure you’re all aware that there is a major economic deterioration that has been accelerating rapidly since the beginning of 2011, but exactly how has it gotten this way? For one, the price of oil has hit records because of the civil unrest throughout Libya and many eastern nations, which if it drags on any longer, as it looks like it will, will sever any hope for an economic recovery. Europe is now realizing a sovereign checkmate as it becomes too expensive for them to be able to finance debt. And America, the world’s largest economy, or parasite, as many of the world’s leaders would agree, is reaching the tipping point. The World Bank says the global price of food has soared over 30% in the last year, and the UN projects another 30% by the end of the year. The average U.S. homeowner hasn’t made a mortgage payment in 17 months, and 65% of them owe more on their mortgage than what their homes are worth. We throw out 1.1 trillion dollars for made-in-China products, while China spends only 270 billion on made-in-America products. The doctors of this economy have diagnosed it with cancer, the kind that doesn’t just get better with Starbucks’ little wristband donation fund. And while we’re off using more gas, spending more than we can afford and living lavishly, the markets weep for impending doom. What about this seems like it’s all going to be okay, exactly? It’s the same attitude we assume when listening to ‘doomsayers’ that is going to rob us in the middle of the night, because society today has made it nice and easy to simply tune out. “I don’t know and I don’t care”, the troops sing. We’re not ready for collapse yet, we’re still on the pursuit of happiness, an idea that suggests you can do, be, and have anything you want. That’s all well and good, as long as you don’t start crying once you get laid off from work and have to sell your videogame consoles to pay the rent. The Bible prophesied a time of division amongst the rich and the poor in a scenario much like the great depression. “A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine” (Revelation 6:6). Oil and wine are the luxuries enjoyed by the elite, while it would cost us a day’s work for a loaf of bread. Could this time already be upon us? It’s bound to happen to one of these sorry generations, why not ours, the most excessive, voracious, unappreciative and arrogant generation in all of human history? The GDP is plunging, the Dow is diving, and our prized credit rating is crumbling more and more each day. It’s not getting better, and this cannot go on forever. Something’s gotta give.


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