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Here's a gloomy economic prediction in August of 2006 (over two years ago) during an interview of economist Peter Schiff. The moderator laughed at him and even made a one-penny bet with him that economic collapse would not happen. The moderator lost the bet, of course. This is a 5-minute news clip, which is quite interesting.
Here's a quotation that goes back even further in history. . .
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance."
Cicero, 55 B.C.
It seems that monetary policy has always been a problem, and people never learn.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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