USA Future Economic Collapse

By: Ron Lagerquist

(This article was written 20 years ago)

America's unquenchable materialistic appetite is the machine that fuels a global economy. Japan's economy would collapse if it were not for the billions of dollars per year gained in trading with America. When America goes into a recession, the world follows. When America's economy is booming, the world's economy strengthens. America devours, yet, is never satisfied. Running out of money, she tells the waiter to put it on her tab. He gladly complies making a tidy profit from the interest. He cannot serve her quick enough. The more she eats, the hungrier she becomes. As time passes, less goes to paying for food and more is needed to pay for the huge debt she is accumulating. Finally, all of her resources are used up in paying for the interest she owes. America falls crashing to the ground in economic ruin, so suddenly, it sends shock waves throughout the world. She is incapable of paying for her massive imports. Merchant ships sit offshore, heavy laden with cargo, weeping and wailing in horror for Babylon has fallen.

"The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore–cargoes of gold, silver, precious stones and perils; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and bodies and souls of men."

 Revelation 18:11–13

In 1929, the debt ratio in relation to the Gross National Product stood at a healthy 16%. In 1990, the national debt increased to an alarming 60% of the GNP. The total debt of America is greater than the combined external debts of all the nations of the world. America's debt is 4.3 trillion dollars which is equivalent to a 270 mile high stack of tightly bound $1000 bills. Each mile representing the depth of the pit America will be unable to crawl out of.


In 1929, America was having an economic explosion. Immigrants were pouring in. There were more jobs than people. Farmers were leaving their fields for factories, making twice the income for half the labor. Politicians confidently portrayed a picture of an endless era of unprecedented prosperity. The prophets of gloom and doom were ignored as being fanatical crazies.

Fall is a beautiful time of year. A time of thanksgiving, a remembrance of God's blessing upon the birth of a Christian country. The leaves are in full bloom, ready to fall. It is a time for Sunday drives through the country without a thought of the winter to come. Splashes of color cover the hills and valleys. As the squirrels wisely gather food for a cold long winter, a nation is borrowing and spending because of a thriving economy that can promise only spring and summer.

A ship sails to England in the early part of October, full of wealthy entrepreneurs, a sign of absolute faith in a thriving American economy. While they were on their care–free vacation, enjoying the pleasure away from the stress of their jobs, a powerful economic tremor rippled through the United States. On October 24, 1929, 12,000,000 shares of common stocks traded in a single afternoon. By Monday, October 28th, the trading averages had dropped by 20 points. On Tuesday, October 29th, virtually all trades were to sell. It became A Nightmare On Wall Street. Investors became panic–stricken, resulting in a huge economic land slide. AT&T was down a hundred points, General Electric, 90 points and General Motors, plummeted 150 points. Sixteen million shares were traded at a loss of 10 billion dollars. This is equivalent to twice the amount of currency of the entire USA. Headlines proclaimed, WALL STREET CRASHES. Tens of millions of people's life savings became completely useless. Millionaires were reduced to the unemployed. On Wall Street, it rained the bodies of men jumping from their offices high above. When the ship returned full of happy–go–lucky entrepreneurs, they were worth the clothes on their backs. An economic winter had fallen upon America which would affect the entire earth. An ice age that would last four long years.

Revelation 18 describes an economic earthquake that will hit America with such force it will make the Great Depression seem like child's play. It will be utter destruction in which she will never rise again. A judgment from the hand of God because of a nation that is steeped in adultery and rebellion. A nation that began as a Light on a Hill became a corrupting stench rising up to the altar of the Living God. The moral fabric that would allow America back on its feet from the Great Depression will not be present in this massive economic earthquake. The Beast she rides will devour her flesh so he may rise to absolute world power, filling the vacuum created by America's fall. The only warning will be the prophetic voices of the faithful saints of God who will be hated and despised by the world. For the Harlot will be drunk on the blood of the saints. In her intoxication, her mind will be numb to her impending doom. A head–on collision with a wrathful God. If you have built your life on the sands of the kingdom of this world, your hopes, your dreams, your energies and aspirations will mingle with the smoke that will rise up from the utter destruction of Babylon.

Ten thousand nuclear war heads and the most technologically trained army in the world will not be able to stop America's economic disaster. An implosion that will come from the moral rot inside her heart. A physical army cannot stop the wave of spiritual destruction, for God does not use the weapons of this world to fight against her.

Related Article: USA In Prophecy

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All great nations fail... what can the American people do to prevent or prolong this disaster.
it's true we are in the last days... soon were be going home to our true destiny... HEAVEN
willie n.c.
This article is bull and the author is clearly not properly educated in economics. 1929- the Great Depression hit Europe far before it hit the Americas. The reason for this was the aftermath of the WWI, NOT the Great Depression of the USA. The USA was in its golden age of the 20s while Europe was struggling to survive, and it was the European Depression and the long term after effects of the war that brought the depression. Great recession of 2007 - negligible impact on most major S. American countries (Brazil, Argentina, Colombia, Chile, ...) Furthermore, the authors description of the future economic recession is absolutely idiotic. First off, the passage says nothing about economy being the cause of this "destruction." Second off, the author then refutes his entire argument by saying that the destruction of the US won't come through" the weapons of this world" while simultaneously arguing that it will come through money. Warring through money is one of the biggest weapons of this world, although I should assume the author is not well read enough to understand the power of the term" embargo." Thirdly, this entire article screams of American-centrism. The idea that America controls the global economy is false. The idea that a country began as a light on the hill could apply to post-reunification Germany, China's rise from its dark ages, South Africa's new government which ended the apartheid era,... Tl;dr- this article might merit a full star if the author took either an introductory economics or world history course at his local community college
Founding father and 2nd President of the USA, John Adams, stated that the type of government the founders were creating was only workable for a moral and religious people. I submit that our nation is neither moral nor religious and therefore we will pay a steep price for our collective abandonment of Almighty God. Virginia statesman and author of the Virginia Declaration of Rights (1776), George Mason, cautioned early America with these words: "As nations can not be rewarded or punished in the next world they must be in this. By an inevitable chain of causes & effects, providence punishes national sins, by national calamities." America is lunging full-tilt toward the comeuppance of our well-deserved judgement. Lord have mercy.
George Mason
The USA was a Christian Nation but it never kept the real Sabbath or the Scriptual Festivals. It followed Rome and it's Paganism. It kept all the the Pagan celebrations: Easter,Christmas Haloween and birthdays . It followed after the Spiritual Whore of Babylon and became it's daughter. To this day it believes in a Trinity. Worships the Messiah as God and doesn't obey His Commandments (Torah.) What else can the USA expect?
No telling how long it will take. Thank God for each day and treat each other with love and respect. All we ever have for sure is today!
Yes it is ALL TRUE ... And for all you none believers, you have not search for the truth. Do not believe in what is being said, watch what is being do. Keep questioning and seeking the truth, with an open heart and mind. Love one another and pray for thoughs with deaf ears. Pray for thier eyes to be open before its to late for them. And to all my Brothers and Sisters out there, as it says in the living word; these are exiting times we are living in. Stay in the faith and in all things cling to Jesus. We are not of this world only passing through. Th birth pains of this world will go through for or Lord to return and clean or father Gods creation will be more then we can comprehend. Stay in the Faith pray for wisdom, read and read that book of truth, do not lean on men for understanding, just Father God every thing you need is in that Bible. The book of Daniel is very enlightening and of course Revelation. If you are new to reading for yourself find a bible study group about final day prophecy. God Bless to all my brothers and sisters in Christ. And to the non believers I Pray your ears will here and your heart will open with love and understanding before its to late, big hug for you I hope you understand you are loved
so much fault!!!
Enjoy your religious BS while you can. I agree with your prediction and the reasons for it, but only ones self can try to survive the coming catastrophe. We must now grow up and cast off the myths of the past and find a place to survive what is coming.
you brought together all the different things ive been reading tonight. I had read about the fall of Babylon a while ago, but not really known what it referred to. Then i investigated the US economy and how the US (and global) monetary system works, and the impending collapse. I re-read the fall of Babylon shortly before reading your article. The great city depicted in revelations is no doubt the US, or a mixture of the wealthy nations and how they run, what they stand for, what they all hold in common etc. Revelations says it will fall so fast, and no one will believe how quick it happens. We must come out of her so that we do not share in her punishment/destruction. Learn to despise her and separate ourselves from her, or we become part of her and our livelihood will go down with her. We need to be prepared for her to sink. I enjoyed your article.
interesting things about the bible
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