Worldwide Economic Collapse:

Jesus said the coming of the Son of Man will be just like the days of Noah (Matthew 24:37-39). The thing about the days of Noah is that even in the midst of terrible apostasy, evil, violence, and rebellion against God, the people went ahead with their normal lives. They planted fields, they harvested crops, they built houses, they got married, and they had children. They went about business as usual, until the very day that Noah entered the ark, and then destruction came and took them all away

1 Thessalonians 5:3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.

Revelation 13:16-17 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

Business as Usual: Is the US Foreign Debt Bubble Going to Burst?

July 23, 2019 by IWB

The national debt is financed by the sale of treasury securities, specifically short-term treasury bills and long-term treasury bonds. While many treasury securities are held by the American public and government agencies, foreign countries are some of the bigger holders of U.S. debt. According to the visualization above, both China and Japan each hold over $1 trillion in U.S. debt, accounting for roughly one-third of U.S. treasury securities owned by foreign countries. The data for this visualization comes from the Treasury Department’s database for Major Foreign Holders of Treasury Securities, as of April 2019. Altogether, foreign countries hold more than $6 trillion in U.S. debt.