Please show your ticket as you step into the handbasket…

Howdy, all! Well, I would describe the “busy-ness” of the last week-or-so to be at the “insane” level, but there is probably a better adjective… Regardless, you regular readers have noticed that the blogging has suffered quite a bit!

And today will be no exception to the suffering. 🙂 However, let me at least bring a peace offering. Two articles caught my eye, recently, that you might consider reading if you haven’t already. One from the UK Guardian (via Mr. Davis, et al.) discusses why potential climate change (regardless of the cause: man-made, solar activity, etc.) can result in unexpected disasters not normally associated with the climate, from increased earthquakes to volcanic eruptions.

Read the article for yourself here:

The author has a book to hawk, which can certainly taint one’s views. (Of course, untainted views do exist out there. I hear that Bigfoot and Leprechauns frequently espouse them during their rides in Elvis’ UFO.) But, still, his comments are worth considering — especially in light of disasters prophesied by Jesus Christ in Scripture:

“For nation will rise against nation, and kingdom against kingdom. And there will be famines, pestilences, and earthquakes in various places. All these are the beginning of sorrows.”

Matthew 24:7-8 (cf. Mark 13:8, Luke 21:10-11, Rev. 6:12)

The other article involves China’s holding the weakened US dollar and our dependency on their investments over our little, indebted American heads. The article — which discusses what is called China’s “nuclear option” — can be read here (hat tip to Robert Thiel):

The article begins: “The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.”

It’s worth a read. America’s growing (and already vast) dependency on other nations to prop up its economy is making Uncle Sam’s arm much easier to twist than it has been in the past. While many nations still depend on our success for their success (making such “nuclear options” difficult to act on), their reluctance to act will lessen as their dependence on us diminishes or, importantly, when other stakes are considered to be of greater significance.

God warns that the borrower is servant to the lender (Proverbs 22:7). Unless things change dramatically in the near future, the U.S. will begin to experience some dramatic lessons about the eternal truth contained in that statement.

2 thoughts on “Please show your ticket as you step into the handbasket…

  1. Dear Mr. Smith,

    WOW! Who knew that geology could be so sensitive to climate change? (Well, Jesus did, apparently…)

    One of my own chief news sources tipped me off about the article about China’s “financial ‘nuclear option'”, and I sent it on to Mr. Davis. Who knows, maybe it circulated around through him to Dr. Thiel and then to you. Or being the keen-eyed “blokes” that they are, they spotted the article first. Anyway, so long as ONE of us gets something like this to you, we’ve done our job! 🙂

    As I sometimes do, I’ve put up a summary of one of the articles you cite (the one about climate change) and a link to your blog on my own blog (listed this time around as my Website). It may only get your news items and commentary to a handful of other people, but every little bit counts; and considering the total hits my blog gets (not bad considering its relative isolation), that little bit may be more than we know.

  2. Steve

    Elvis is living on the planet Zontar. He still visits Earth once and awhile, because it’s the only place he can get fried peanut butter sandwiches. He poses as an Elvis impersonator. That’s how he gets away with it. (Just kidding).

    I saw the Telegraph article when it was published. It’s not only China. The EU and the Arab oil nations could also trigger an American financial crisis. The US is building such an incredible amount of debt, it seems almost impossible to avoid a financial crisis. The question is when and how.

    It would not seem likely for China or anyone else to trigger it deliberately. Such an action would cause a financial crisis around the globe, and the instigator would not escape the mess they created. Their economy would suffer a major wound as well.

    The US should take no comfort in that, however. An unforseen shock to the world economy might provide its own trigger. In a panic situation, it’s plausible for nations to dump dollars in an effort to protect themselves.

    Another scenario… foreign nations could move away from the dollar on a slower but steady pace. That doesn’t bode well for the US either.

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