Monday, March 16, 2009

Revelation 18:10

For many years I have been warning that our economy is soon to collapse. A terrible economic chastisement is coming upon us. Our Lady has repeatedly warned us (see here), but we have been too proud to listen. We have accumulated for ourselves false teachers who ensure us that a loving and merciful God would never chastise His people. How quickly we forget that the ancient world was destroyed by the flood and that the five cities of Sodom and Gomorrah were destroyed by fire.

The handwriting continues to progress on the wall of the secular world (see here). Our Lady does not want us to become fearful or discouraged at the sin and darkness which continues to spread: "Do not stop to consider the ever thickening darkness, the sin which has been set up as the norm of human action, the suffering which is mounting to its peak and the chastisement which this humanity is preparing with its own hands." (November 5, 1977, locution to Fr. Gobbi of the Marian Movement of Priests). But neither does she want us to be blind to the reality of our present situation.

Related reading here.


Anonymous said...

There are people preparing for a Depression, but I have friends who just laugh and compare this with Y2K. But apparitions of Our Lady never warned about Y2K. I think we are foolish to ignore what is happening. The whole world economy is about to collapse. Why else has the army been stockpiling food?

Anonymous said...

A WND article on stockpiling:

Michael Cole said...

CNN poll: Americans fear a new Great Depression
CNN poll reveals a growing number of Americans fear the recession could turn into another Great Depression.

By Paul Steinhauser, CNN
Last Updated: March 17, 2009: 7:42AM ET

WASHINGTON (CNN) -- The number of Americans who think another Great Depression will occur within the next year is on the rise, a poll released Tuesday shows.

Forty-five percent of people questioned in a CNN/Opinion Research Corporation survey said another depression is likely.

"Will the Great Recession turn into another Great Depression? A growing number of Americans think it might," said CNN Polling Director Keating Holland. "Last December, 38% said a depression like the one the U.S. experienced in the 1930s was likely in the next year. Now that number is up 7 points."

0:00 /3:54Why it feels so bad
But Federal Reserve Chairman Ben Bernanke doesn't share that sentiment. Asked during an interview with CBS on Sunday whether the country is headed into a new depression, Bernanke said, "I think we've averted that risk. I think we've gotten past that."

The poll described the 1930s' Great Depression as a time in which roughly one out of four workers was unemployed, banks failed across the country and millions of ordinary Americans were temporarily homeless or unable to feed their families.

Nearly nine out of ten people questioned in the survey said economic conditions in the country are poor today, with only 11% suggesting that conditions are good.

And the poll indicates that Americans think it will take time to rebound from the recession, which began at the end of 2007.

"Only one in ten say recovery is likely within a year; one in five predict it will take longer than four years for the country to get back on its feet," Holland said.

The CNN/Opinion Research Corporation poll was conducted Thursday through Sunday, with 1,019 adult Americans questioned by telephone. The survey's sampling error is plus or minus 3 percentage points.

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