- 2 days ago
Is the United States involved in a Ponzi scheme? If so, would that scheme affect you and your family? Could a USA Ponzi scheme affect other countries?
Let’s start with an understanding of the mechanics of a Ponzi scheme. A Ponzi scheme is named after the con artist and swindler named Charles Ponzi. The basics of the scheme are to offer a product or service to investors. This product or service was promoted as being very secure and risk-free while at the same time promising a very enticing rate of return on the investment. The con artist would then take the investment money of later “marks”, or investors, to partially pay a return on the investment of the earlier “marks”, or investors, while keeping a percentage for himself. As long as the con artist has new and more investors, the con artist can keep the swindle going. However, once the swindler runs out of new “marks” the con is up and he goes to jail.
So, how does this resemble the USA in any way? Some say with its debts as well as the way it has handled its Social Security Administration. Consider that the U.S. Treasury Notes are pledges. A Treasury Note is an I.O.U. issued by the U.S. Treasury. Basically, people give the United States money, and the United States gives them an I.O.U. As long as people are willing to buy U.S. Treasury Bills the United States can continue to print them at virtually no cost.
Currently the United States owes about 39 TRILLION dollars with plans to increases that debt.
Up to this point the United States has used all this borrowed money to fund our social and welfare programs without ever having to worry about paying back the money they borrowed. They simply print more I.O.U.s without ever intending to pay back the borrowers. The Ponzi is to just keep paying the earlier buyers with some of the money from the later buyers and keep the rest of the money for themselves. This process is called “The National Debt”.
But what if the buyers run out? What happens then? God has something to say about what happens then (cf. Habakkuk 2:6-8). Watch this video as Dr. Thiel shines the light of Word of God on the unpleasant truth of the perpetrators of the greatest Ponzi scheme ever as the United States of America is the most indebted nation of all time.
You can also read the full article to this video titled “US federal government debt now higher than annual GDP–could this be consistent with a prophesied curse and a destruction prophecy?” at URL https://www.cogwriter.com/news/prophecy/us-federal-government-debt-now-higher-than-annual-gdp-could-this-be-consistent-a-prophesied-curse-and-a-destruction-prophecy/
Let’s start with an understanding of the mechanics of a Ponzi scheme. A Ponzi scheme is named after the con artist and swindler named Charles Ponzi. The basics of the scheme are to offer a product or service to investors. This product or service was promoted as being very secure and risk-free while at the same time promising a very enticing rate of return on the investment. The con artist would then take the investment money of later “marks”, or investors, to partially pay a return on the investment of the earlier “marks”, or investors, while keeping a percentage for himself. As long as the con artist has new and more investors, the con artist can keep the swindle going. However, once the swindler runs out of new “marks” the con is up and he goes to jail.
So, how does this resemble the USA in any way? Some say with its debts as well as the way it has handled its Social Security Administration. Consider that the U.S. Treasury Notes are pledges. A Treasury Note is an I.O.U. issued by the U.S. Treasury. Basically, people give the United States money, and the United States gives them an I.O.U. As long as people are willing to buy U.S. Treasury Bills the United States can continue to print them at virtually no cost.
Currently the United States owes about 39 TRILLION dollars with plans to increases that debt.
Up to this point the United States has used all this borrowed money to fund our social and welfare programs without ever having to worry about paying back the money they borrowed. They simply print more I.O.U.s without ever intending to pay back the borrowers. The Ponzi is to just keep paying the earlier buyers with some of the money from the later buyers and keep the rest of the money for themselves. This process is called “The National Debt”.
But what if the buyers run out? What happens then? God has something to say about what happens then (cf. Habakkuk 2:6-8). Watch this video as Dr. Thiel shines the light of Word of God on the unpleasant truth of the perpetrators of the greatest Ponzi scheme ever as the United States of America is the most indebted nation of all time.
You can also read the full article to this video titled “US federal government debt now higher than annual GDP–could this be consistent with a prophesied curse and a destruction prophecy?” at URL https://www.cogwriter.com/news/prophecy/us-federal-government-debt-now-higher-than-annual-gdp-could-this-be-consistent-a-prophesied-curse-and-a-destruction-prophecy/
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00:03Greetings, friends. This is Steve Dupuy for the Bible News Prophecy Program with Dr. Bob Thiel,
00:09bringing you news and analysis of world events in light of Bible prophecy. Dr. Thiel,
00:15where does the United States stand with its debt problems?
00:19Well, like a posi scheme, because the United States continues to increase its official debt
00:24with no proper way to pay it back, so much so that it now exceeds its annual gross domestic
00:29product. Here's a headline from yesterday. U.S. national debt exceeds size economy for the first
00:36time since World War II. This happened by the end of March. And on Thursday, pitch rating suggested
00:43the United States national debt would exceed 120% of the GDP no later than 2027. And another news item
00:55said, quote, lawmakers are urged to stop the bleeding and put the country on a more sustainable
01:01fiscal path. So just to be clear, Dr. Thiel, it's those same lawmakers that started the bleeding
01:08that are now being asked to stop the bleeding. Is that correct? Yes.
01:15Once again, just to be clear, it's the lawmakers that spend the money, but it's we the people that
01:24owe the money. Is that also correct? Yes. And what's happening now is the U.S. government is currently
01:30spending at $1.33 for every dollar it collects in revenue. Okay. President Donald Trump continues
01:38to insist all is well. And he said the following, quote, more people are working right now than any
01:45other time in the history of our country, end quote. So he thinks everything's fine. Yet sadly,
01:50the debt continues to rise.
01:53But if the president of the nation insists that all is well, shouldn't that be enough for us?
02:00No. And it's not unexpected. And it's consistent with various prophecies. Just before he came in
02:07office for the second time, I wrote a book called Unintended Consequences in Donald Trump's Presidency.
02:14In there, I warned on page 37 that the official USA debt would rise in Donald Trump's second term of
02:21office. And while many people don't see any problem with the debt, they actually think it's beneficial.
02:29Daily Reckoning wrote, debt is the lifeblood of empire until it becomes a disease. And reality is debt
02:39will end in disaster for the United States. Now, a while back, Asia Times reported something I want to go
02:47over. Here's the headline. The great federal debt Ponzi scheme. As long as the Fed is willing and the
02:55market allows it to buy large amounts of government debt, the price of U.S. debt is whatever the Fed
03:02says it's going to be. It keeps pumping and dumping with no exit strategy. It says the Ponzi game can
03:10continue until inflation rises to the point where investors leave the treasury market. Yields soar,
03:16the economy falls back in recession. If the Fed and the Treasury are willing to stake the credit of
03:22the United States on this game, it can last for a while. But no matter how big a player you
03:27are,
03:28none will take your marker forever. Without exaggeration, the U.S. federal debt market is the
03:35most manipulated market of importance in the world. Then this writer said, I examined seven important
03:42categories of core inflation. Inflation will get worse as the bubble in home prices feeds into consumer
03:49inflation. And so I think he's right. You know, and despite its size impact on the world economy,
03:57the United States cannot continue to indefinitely do what's been doing regarding debt and financial
04:02manipulation. Now, in Psalm 37, verse 21, the Bible itself warns that the wicked borrows and does
04:10not repay. And that's the debt situation in the United States. It wickedly does not intend to pay
04:15true value of its debt. And right now, the official U.S. debt is about $39 trillion. And that's a
04:28Ponzi scheme.
04:30What is a Ponzi scheme? Well, the Ponzi scheme comes from a name called a guy named Charles Ponzi.
04:37He was born in Italy. And he was a swindler. And he was a con artist. And he cheated people
04:43in the
04:43United States and Canada. And he became very well known in the early 1920s for his moneymaking scheme.
04:52He basically promised clients a 50% profit within 45 days, 100% profit within 90 days by buying what
05:01were called discounted postal reply coupons in other countries and redeeming them at face value in the
05:06United States. But in reality, what Ponzi was doing was he paying earlier investors using investments
05:13in later investments, which is what the United States does. It pays off its debt by getting more
05:19debt from somebody else. And while this thing was not originally invented by Ponzi, it became
05:27identified with him. So that kind of thing is now called the Ponzi scheme. Now, his scheme ran for
05:33over a year before it collapsed. It cost his investors $200 million back then, which is around $250,
05:40$300 million now. And so basically, a Ponzi scheme is to pretend something is more valuable than it is
05:48in order to con others to support it financially. Ponzi did not intend to pay back all those
05:53investors. He wanted to live off of this stuff. And the United States doesn't plan on paying stuff
05:59back. Then furthermore, you've got the US Social Security Administration. That's long been a classic
06:05Ponzi scheme. Okay, what happens originally, they had some people in it pulling money out more than they
06:11put in. And so they first didn't have that many people in it. They had lots of people paying into
06:18it. But now, particularly people our age, there's less and less people paying into it.
06:24And this can't keep going on because people are living longer. And there are less people working
06:31percentage-wise than there were back then. So I saw something in the news yesterday.
06:37It says, surplus versus shortfall. Since the 1980s, the money coming in had been more than enough to
06:48cover Social Security expenses. But that changed in 2021, when a long-predicted event occurred.
06:55Social Security expenses exceeded its income by $41 billion. So to close the gap, they tapped into
07:04a reserve fund, which is $2.8 trillion. But that's supposed to run out by 2033. And if they don't
07:15change anything, Social Security is only going to pay 79% of the benefits then. And they'll get worse
07:22and worse. And government's not going to like that. So they'll probably put up more money to pretend
07:27they're okay. So what people will happen is you're going to get more money or the money you're supposed
07:32to get. But it's going to be worth a lot less. Anyway, with Treasury manipulation and military
07:39power, along with corruption in international governments, the United States has been able
07:43to pull off the Social Security as well as other federal spending for a lot longer than Charles
07:49Ponzi could with his scheme.
07:52Earlier, you mentioned the U.S. debt and prophecy. Tell us more about that prophecy.
07:58Well, 2,400 years or so ago, this was prophesied. And the time is going to come when the nation
08:07of the world will no longer accept pledges known as U.S. treasury bills and treasury notes.
08:12If you go to the book of Habakkuk, chapter 2, starting in verse 2, it says,
08:18Write the vision and make it plain, that he may run who reads it. For the vision is yet
08:24for an appointed time. So it's the future. But in the end, it will speak. It will not lie.
08:29Though it tarries, it seems like it takes a while, wait for it, because it will surely
08:34come and not tarry. Now, if you go down to verse 6, we read,
08:38Will not all these take up a proverb against him and a taunting riddle against him and say,
08:43Woe to him who increases what is not his. How long? And to him who loads himself with many
08:50pledges, treasury notes. Will not your creditors rise up suddenly? Will not they awaken and oppress
08:58you and you'll become their booty? Because you've plundered many nations, all the remnant people
09:02shall plunder you because of men's blood and the violence of the land and all who dwell in it.
09:08Are you saying that verse 8, where it says,
09:11The remnant of the people shall plunder you, that that refers to the United States?
09:18Yes. The United States is the most indebted country of all time.
09:23And it's been accumulating pledges in the form of treasury notes and bonds.
09:29And it's a descendant of Israel.
09:32Israel. And it's not,
09:35by the way, related to the little country calling itself Israel because it has nothing compared to
09:39U.S. debt. By the way, prophecy in Habakkuk says
09:43what can happen is so bad, people should run who read it.
09:46That is, they should seriously consider what it means and take appropriate
09:49steps because foreign creditors will one day rise up.
09:54Who is it that will plunder the U.S.A.?
09:57Well, it will be the coming European Babylonian beach tower for scriptures such as Daniel 11.39.
10:03Furthermore, the Bible clearly warns an indebted people will be destroyed by people whose language they don't understand.
10:09And the destruction will be pretty total.
10:13You can read about that in the 28th chapter of the book of Deuteronomy.
10:19It says, the alien who's among you will rise higher and higher.
10:22You'll go lower and lower.
10:24He'll lend to you and you won't lend to him.
10:27The United States used to be the leading creditor nation of the world.
10:32Now it's the leading debtor nation.
10:34Anyway, it says, you know, by God, these curses are going to come upon you.
10:39You're going to serve your enemies.
10:41Verse 49, the Lord will bring a nation against you from afar.
10:45From the end of the earth, as swift as the eagle flies, a nation whose language you do not understand.
10:53They're going to, verse 59, 51, they're going to increase, keep the increase of your livestock and produce until you're
10:58destroyed.
10:59They won't leave until they've destroyed you.
11:04And in Jeremiah, chapter 9, starting in verse 13, God says, because they have forsaken my law, they haven't obeyed
11:14my voice.
11:15They walked according to their own hearts.
11:17Verse 16, I'm going to scatter them among the Gentiles, whom neither they nor their fathers have known.
11:23Now send a sword after them until I've consumed them.
11:27Well, now that we've been warned by the Bible, can't we prevent what is coming?
11:33Well, most won't believe it, but that was prophesied too.
11:37Micah 2, verse 6, New Living Translation.
11:40Don't say such things that people respond.
11:43Don't prophesy such like that.
11:44Such disasters will never come our way.
11:48The prophet Amos, Amos 7, verse 16, says,
11:52You say, do not prophesy against Israel.
11:54Do not spout against the house of Jacob.
11:56People don't want to hear it.
11:58That does not bode well for the United States.
12:04Furthermore, in Isaiah chapter 30, starting in verse 12,
12:08the Bible warns against the type of moral decline that's occurring in the United States.
12:12Quote,
12:13Therefore, says the Holy One of Israel, because you despise this word.
12:17That's more and more people despise the word of God.
12:20They want to change it.
12:20They don't want to believe it.
12:21And trust in oppression and perversity.
12:25And all these sexual immorality rights that you're pushing.
12:28And you rely on them.
12:30Therefore, this iniquity shall beat you like a breach ready to fall,
12:34a bulge in a high wall, whose breaking comes suddenly and in an instant.
12:38Is it possible that all these disasters can really happen to the United States?
12:47Yes.
12:48Now, I mentioned before, okay, we have a free e-book that's available at the cogwriter.com website.
12:54And this book points out, it's probably going to take a lot of things to make it happen.
12:58For example, in the book, I quote Isaiah 29, verse 5, which says,
13:05Moreover, the multitude of your foes shall be like fine dust,
13:08and the multitude of the terrible ones, like chap, that passes away.
13:11It has to be in an instant, and suddenly you'll be punished.
13:15Now, that situation in the United States is putting it at risk of being unable to recover from things like
13:20weather problems,
13:22certain terrorist acts, wars, riots, solar flares, severe earthquakes,
13:28maybe genetically modified food crop failures, pestilences.
13:34Maybe if Yellowstone explodes, some things are going to happen.
13:38The United States will be weakened, and people are going to say,
13:41hey, the United States went in debt before this.
13:46You know, how can they pay it back?
13:49And so this book points out, quote,
13:52A perfect storm of disaster, internal strife, and misplaced confidence
13:55make the United States a nation that can be defeated.
13:59So anyway, don't believe in Ponzi schemes.
14:03The United States does not intend to properly pay down its debt.
14:06The United States ultimately will not recover from its debt,
14:09despite many things appearing to be normal.
14:11Vacuette warns that even though that destruction waits or tarries,
14:15it's going to happen.
14:17Thank you, Dr. Thiel.
14:19For more interviews with Dr. Thiel, in addition to written, as well as audio articles,
14:23visit our website at biblenewsprophecy.net.
14:26This is Steve Dupuis for the Bible News Prophecy Program.
14:29Thank you, Dr. Thiel, for the Bible News Prophecy Program.