World War 3: Russian Economic Meltdown
Verse of the Day
Ezekiel 38:16 And thou shalt come up against my people of Israel, as a cloud to cover the land; it shall be in the latter days, and I will bring thee against my land, that the heathen may know me, when I shall be sanctified in thee, O Gog (Russian leader), before their eyes.
The world scene is starting to look like pre-World War 2 Japan. In 1937, Japan invaded China and the world wanted Japan out of China. Japan refused to pull out, but needed oil to continue its war. Japan received 80 percent of its oil from the US, and the rest from other countries.
On July 21, 1941, the US issued a total embargo against Japan and froze its funds in America. Other nations followed, and this left Japan with a narrow widow of time to either pull out of China or go to war against America. Just four months later, Japan attacked the US fleet at Pearl Harbor and started WW2. Oil was the key reason for the Japanese attack.
“On July 21st 1941, the French Vichy Government accepted Japanese demands for air and naval bases in Southern French Indochina. Four days later President Franklin D. Roosevelt announced the embargo, including a freeze of all bank transfers. Great Britain followed the USA with the same measures the next day and on July 26th, the Dutch government in exile in London joined the embargo. Van Starkenborgh in Batavia had suggested to his government in London to ask for guarantees from the USA and Great Britain in case this embargo would lead to war with Japan but his suggestion came too late. On Monday, July 28th, 1941, the authorities in Batavia published a set of measures that resulted in fact in a stop of all trade with and payments to Japan. Two Japanese tankers, that had just finished tanking at Tarakan Island were allowed to leave but a third one that was entering the port was sent away.”
Now, 73 years later, Russia attacked the Ukraine and oil is the key. The Russian economy is based on the price of oil which collapsed. There are sanctions placed against the nation. Russia is in a position exactly like Japan’s. Either succumb to the economic situation or war. There is no doubt in my mind that Russia will attack. Japan had a six month window and in the forth month the nation attacked. Russia has no set window of time, but its economy is melting down. Putin must act soon, and I would guess this year. There soon will be social unrest in Russia as the money becomes worthless. This is the possible trigger for WW3 along with so many other events.
Stay close to the Lord Jesus as events are accelerating towards WW3 and the Day of the LORD. No matter what happens keep your spiritual eyes focused on the Groom coming for His bride. What else matters in this world?
May the Holy God of Israel bless and protect you.
1Thess 1:10 And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.
The Road to World War 3
Russia is buying weapons – a lot of them 12/15/14 Russia is getting ready for WW3. Its economy is collapsing, no it is melting down. Everything is being cut in Russia except the military which is expanding. The Russian economy can’t continue like this. It is total economic collapse or war. It will be war and I believe soon.
Watch the war start with the EU or USA touching Israel. The EU, along with the US are in for a severe judgment from the Holy God of Israel.
“The modernization program is continuing despite an economic crisis that has already forced Russia to adopt an austerity budget for next year. Defense and national security were the only departments to escape cuts of at least 5%. Spending on the military is set to rise by 85% between 2012 and 2017. Russia’s defense budget is now the third largest in the world, behind the U.S. and China. Airfields, hundreds of fighter jets and a new fleet of battle tanks are in the works. Russia is also developing new long-range missiles, has acquired an advanced nuclear submarine and is working on eight new vessels for the navy, due for delivery by 2020.
Russian ruble falls to historic lows, while pressure increases on Putin 12/16/14 The Russian economy is collapsing. This is due to the dramatic drop in oil price and the sanctions. Will Russia succumb or attack the West? It is my belief that Russia will attack, and this war will be known as WW3. It is NOT Armageddon, but the war leading to it. It does appear that 2015 is going to be one “hot” year.
“Timothy Ash at London-based Standard Bank described the ruble’s fall as “the most incredible currency collapse I think I have ever seen in the 17 years in the market, and 26 years covering Russia.” Ash said “there is now a huge credibility gap for Russian policy makers in the eyes of the market” and that the decline is all the more astonishing given Russia’s solid foreign currency reserves and the fact that it runs a budget surplus.”
Russia has just lost the economic war with the west 12/16/14 The war is not over yet, and it maybe that the West won this battle but going to lose the war.
“Even so, Russia looks vulnerable. It has reached the end of the road with interest rate increases and has only two options: to allow the rouble to find its own level, in the hope that declining oil prices will prove temporary or to introduce capital controls. These are seen very much as a last resort by Moscow, but may prove necessary if the rouble rout continues. The phrase “perfect storm” is over-used, but the combination of a collapsing currency, a collapsing economy and punitive interest rates make it apposite. The question now is how Putin responds. If he softens his line over Ukraine, the west’s gamble will have paid off and it will be mission accomplished. But there are hardliners in Moscow who will argue that the response to the crisis should be a siege economy and the ratcheting up of military pressure on Ukraine. If economic agony makes a wounded Russian bear more belligerent, it will prove a hollow victory.”
Beware: Putin, the wounded animal 12/16/14 He does not have much time left with the state of the Russian economy. He will move towards war with the West. I don’t think he has any other choice.
“But even with Putin’s extremely visible and frightening track record before us, it’s clear the Obama administration and even the investment community is still not prepared for the extent of the damage the Russian leader can unleash on his own people, on his neighbors, and on the U.S. financial markets. There is nothing more dangerous than a wounded animal. Vladimir Putin is wounded — and he’s not known for holding back. His entire adventure in Ukraine this year is example of just how destructive and unpredictable Putin can be, and that all happened when oil was still trading at $100 a barrel.”
Luke 21:28 And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.