The U.S. national debt stands at $40 trillion, with Federal Reserve liabilities at $6.8 trillion, stemming mainly from credit creation since the 2008 financial crisis. Historical analysis shows substantial increases in debt during major wars, suggesting that contemporary conflicts may lead to unprecedented levels of war and debt, impacting the economy and society.
The Federal Reserve has now stopped quantitative tightening (QT), and moved to credit creation, quantitative easing (QE) once again. This signals global expansion of war as the only hope against the desperate condition of global finances, leading to a great depression.
Recent conflicts between Israel and Iran, backed by the US, threaten global stability. Concerns arise over escalating warfare and its economic impact, especially on oil prices and currency values, leading to potential skyrocketing gold and silver prices.
I reflect on Obadiah's prophecy, paralleling it with the current global political landscape and the decline of the US Empire. The text warns of divine judgment on nations, emphasizing pride and corrupt governance, suggesting that the US's actions could lead to its downfall, similar to Edom's fate.
US President Biden has approved the use of NATO long-range missiles by Ukraine to strike deep into Russia, raising concerns about escalating conflict and the potential for global war which could go nuclear. This is described by the red horse in the four horsemen of the Apocalypse.