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Freefall

Market pandemonium this morning as China's market collapsed a further 3.55% last night.  U.S. markets are down over 2% so far this morning as news is breaking that industrial production is down 1.8% year-over-year (a major signal of recession), Wal-Mart is closing 269 stores and laying off 16,000 workers, and retail sales actually declined in typically strong December.

Some reasons we are following the market so closely:

1. Global economic collapse will likely lead to a single, global currency, and a cashless society, which will be the precursors to the Mark of the Beast - a global financial control mechanism where anyone who wants to "buy or sell" must take an identifying mark of some sort on their forehead or right hand.  This will be controlled by the antichrist and anyone taking the mark is necessarily making a permanent, irreversible decision to reject Christ.  See Revelation 13:16-17.

2. Global economic collapse will lead to the fulfillment of the third seal - the black horse.  See Revelation 6:5-6.

3. Global economic collapse is a consequence of the world's rejection of God's moral principles regarding money found in Galatians 6:7, Proverbs 22:7, Deuteronomy 23:20, Deuteronomy 15:1, and 1 Timothy 6:10.

Matthew 6:19-20 - "“Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal."

MARANATHA!

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