Monday, September 14, 2009

Global Meltdown!

Joel 1
Get in Touch with Reality—and Weep!
1 -3 God's Message to Joel son of Pethuel:
Attention, elder statesmen! Listen closely, everyone, whoever and wherever you are! Have you ever heard of anything like this? Has anything like this ever happened before—ever? Make sure you tell your children, and your children tell their children, And their children their children. Don't let this message die out.
4What the chewing locust left, the gobbling locust ate; What the gobbling locust left, the munching locust ate; What the munching locust left, the chomping locust ate.

1 - 09 - 2003
Jubilee Research at the New Economics Foundation (NEF), the team that spearheaded global awareness of a third world debt crisis released provocative new research in September 2003 which argues that the “first world” is approaching a major debt crisis.
The report predicts that a giant credit bubble, created by central bankers and finance ministers (the engineers of decades of “easy money”) has now reached a “tipping point”. This point – at which the “bubble” of financial assets exceeds GDP by nine times – has triggered financial crisis elsewhere.
On a global level, there is $100 trillion of debt outstanding, but only $33 trillion of income with which to repay those debts. Even the drastic recent stock market falls have barely dented the credit superstructure. When this credit bubble bursts in the United States and Britain, it will be middle-class consumers that will first bear the brunt of the financial crash.

5 -7Sober up, you drunks! Get in touch with reality—and weep! Your supply of booze is cut off. You're on the wagon, like it or not. My country's being invaded by an army invincible, past numbering, Teeth like those of a lion, fangs like those of a tiger. It has ruined my vineyards, stripped my orchards, And clear-cut the country. The landscape's a moonscape.
8 -10Weep like a young virgin dressed in black, mourning the loss of her fiancé. Without grain and grapes, worship has been brought to a standstill in the Sanctuary of God. The priests are at a loss. God's ministers don't know what to do. The fields are sterile. The very ground grieves. The wheat fields are lifeless, vineyards dried up, olive oil gone.
11 -12Dirt farmers, despair! Grape growers, wring your hands! Lament the loss of wheat and barley. All crops have failed. Vineyards dried up, fig trees withered, Pomegranates, date palms, and apple trees— deadwood everywhere! And joy is dried up and withered in the hearts of the people.

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