I’ve been looking for a very long time for a short video that explained fractional lending and the debt spiral it creates. Because often showing you this in video format helps with understanding it better than it being typed out in words. But this video should help you understand why every time the government goes tossing money at problems, it really creates more of a problem rather than actually solving financial issues. This is a game of continually kicking a growing can down the road and hoping that maybe later something might do away with the problem. And the problem only grows.
Please watch the video in full before making comments.
While America builds a grave of debt for herself, China is rushing in to pick up the bones.
|China Passes Japan as Biggest U.S. Treasuries Holder (Update1)
Let me show you some video of how America’s new largest treasuries holder and likely future largest debt holder treats Christians. Below is a video playlist of 7 short videos. Please withhold comments till you’ve had an opportunity to view them all in full.
Hold fast to Christ, pray for our persecuted brothers and sisters and pray our Lord returns swiftly. We may have to endure some pain, but the eternal reward is more than worth it.
I’ve already mentioned how America was economically in bad shape and making things worse.
I’m just saying, beware of rough water ahead.
Just an interesting documentary, I thought you all would be interested in viewing.
Please withhold comments till you’ve viewed the video in full.
I mean, this is the stuff I’ve been talking about, so I have to say when the man is right he’s right.
Failures have to be allowed to fail, not be propped up with magic money.
Congressman Paul was also on the CNN morning show last Friday. I don’t have video, but please read this short transcript of the interview.
|CNN interview With Ron Paul about economic bailout proposal.
Now this really is all about temporal money. No amount of money can save your soul. Eternal security comes in knowing Jesus Christ and believing on Him alone for salvation. But it’s interesting watching things transpire and a nation dig a economic hole for its self.
The politicians are going to continue trying to press for the bailout bill until they get it.
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