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CHAPTER 1

Introduction: The Bedridden Queen Money!


she hath received of the Lords hand double for all her sins.Isaiah 40:2

1.1. Overview
When the famine strikes the nations, then the leaders of the world would learn a life time lesson about the economic planning. Shortage of food products in agriculture sector will affect all the other sectors. Business might collapse because essential commodities prices will roll down and people would sell all their sophisticated goods in order to fill their hungry stomach with some amount of food. Our political and economic activities are guided by glamorous stock-market and share-market gambling which makes the rich to grow much richer and the rest to poor. The city-based political leaders mesmerized by IT-based mighty-money-flow, invested by highest percentage of tax-payers and money-making industries. The left-over crumbs are thrown to our farmers as though they are beggars. What a tragedy! Once exposed and experienced the comfort of city-culture life, no one ever wants to go down to the village culture that blessed our forefathers with plenty of goods at no cost they feel it as low-profile. Today, we have plenty of goods but the price is very high. The money that comes from lifeless industrial products reflects the same motionlessness when it used for purchasing other goods. Whenever the interest rates increases, in the name of inflation pointing out the cause because none other things are in the proximity to lay blame. Giant companies required bailouts and comforts for their ailing financial conditions. Some famous industries considered as the hope of the nations have proved to be hopeless in the current economic meltdown. Once famous giant forest elephants are hiding themselves like house-rats in their holes. People those who thought that their life was settled forever by their hard-earned IT degrees and sought-after job-positions in corporate bodies sprawled into the melting recession pot. Incapable to cope up with the mounting financial and management crisis companies are either selling or merging themselves. The financial systems of the countries are under a mess for a long time. Time to time recovery of the queen Money had blinded the eyes of her beloveds. Economists and business leaders had remembered their days on the sickbed when they had visited her during the Great Depression (19291940). Leaders and scholars thought that by their 1

advanced psychological and computing devices, the health of the queen Money could be restored. Information technologists and software industrialists dreamed that they can permanently embrace the queen Money. Developed countries had expected that they would reign forever with the companionship of queen Money (even though she is sitting on a fiat throne!). But their beloved queen Money had betrayed them, as she got angry with these nations because she got offended by their empty promises to her for decades. The recession of 2008 is still continuing and will continue until some specialists identify the real sickness. Though some leaders hidden the panic to get some personal gain spread the propaganda saying that queen Money has recovered from her sickness. However, those who go by their upright conscience and conviction insist that the recovery of money darling has not yet happened. Rising unemployment, growing number of bailout packages, weak Euros and European sovereign debt crisis, Arabs unrest, and fluctuating intensive care unit (ICU) health monitors of developing countries like China and Indiaall point out that queen Moneys recovery is a far cry! Queen Money had fallen sick again and was hospitalized in the ICU and could never come out of her sickbed since 2008. Queen Money was diagnosed and found that she was affected by double disease syndromes, respectivelytruth less and injustice. Economic doctors are afraid that her condition is perhaps going to worsen; and if that happens then it will lead to an economic coma called depression. Economic doctors using psychological factors and empirical data predicted her fast recovery but she could never get up from her sickbed. Queen Moneys sickness affected all her clients businesses: Current recession actually started in late 2007 when subprime crisis reared its ugly head though manifestations became visible only in 2008. Several significant casualties have been reported, e.g. AIG, Lehman Brothers, Washington Mutual, Merrill Lynch, Citigroup, Freddie Mac, Northern Rock, Bradford & Bingley and many others have either failed or are in bad shape due to severe losses. This situation has led to liquidity crunch worldwide and cash flow has dried up. Consumer confidence is shaken and the demand for products and services are at abysmally low level.1 A short and simple story of the credit crisis, 2008 has been explained by Jonathan Jarvis in the following video. After watching the video one can understand in the modern economy, business means simply gambling! Click the link to watch the video 1.1: 2 Global Financial Crisis Explained

1.2. Reflections on Recession: Where Do We Stand?


A Global Recession?
Is it possible that we are already in a global recession but just dont know it yet? And is the U.S. itself still the epicenter of the world economystanding on the front edge of another recession? Job growth has been slipping badly for three months [AprilJune 212]. Retail sales and factory orders are down two straight months. Real incomes are flat. Household wealth is the way underwater from the housing collapse, dropping nearly 40 percent in the last three measured years. And GDP was an anemic 1.9 percent in the first quarter. Nearly all leading Wall Street economists are marking down their second-quarter estimates to 2 percent or less.3

GDP Growth Sinks to 9-year Low, Shows Economy in Peril


Slip sliding away, the sum of all our fears is equal to 5.3 per cent GDP growth for the quarter ended March 31, 2012. This confirms our worst suspicions and something that the policy makers have refused to confrontIndias economy is rapidly decelerating. The full-year GDP for 201112 has dropped to 6.5 percent, down from a healthy 8.4 percent in the previous year, with manufacturing contracting acutely to minus 0.3 percent in the fourth quarter.4

The U.S. Economy: Soul Crushing Total System Failure


No matter how often the pretty people on television tell us that the U.S. economy is getting better, it isnt going to change the soul crushing agony that millions of American families are going through right now. The stock market may have caught back to where it was in 2008, but the job market sure hasnt. The U.S. economy has been slowly declining for several decades and is nearing total system failure. Right now, many poverty statistics are higher than they have ever been since the Great Depression.5

Chinas Economy Cools, Perhaps More Than Planned


In recent months, economic growth in China has not only slowed it's slowed faster than what most people expected. Last week, for the first time since the depths of the global financial crisis, the government actually cut lending rates to try to spur growth. All of this has people wondering: Where is the world's star economy headed? One adviser to Chinas leadership calls it a sharp slowdown.... Simply put, the world's second-largest economy is running out of steam.6

Busted: Five Myths about Economic Recovery


Federal Reserve Chairman Ben Bernanke recently admitted that US economic recovery has been uneven and frustrating slow. Latest figures show that US first quarter GDP increased by only 1.8% and a mere 54,000 jobs were created in May 2011, a figure way 3

too low to remedy the current 9.1% unemployment rate. The US is struggling to avoid a double dip recession, but what do we really know about economic recovery? 7

The Student Loan Debt Time Bomb


Student debt is growing at an alarming rate. At the end of 2011, total student loan debt crossed the $1 trillion mark, a level that is higher than the sum of all credit card debt in the United States. Since 1978, the price of tuition at U.S. colleges has increased over 900 percent, 650 points above inflation, while tuition grants have been slashed from 70 percent to 34 percent. Student debt, on the other hand, has increased 511 percent since 1999, a rate that is twice as steep as the growth of housing-related debt.8

Default Danger: 12 Countries on the Brink of Crisis


The United States is trying to resolve its debt crisis while Greek lawmakers are desperately fighting off the risk of a default on its loans. As the EU tries to prevent contagion, Italy looks likely to be the next economy to fall. It is indeed a turbulent road ahead for the financial world. We take a look at 12 countries on the brink of a crisis.9

1.3. Focus the Light of Gods Word: Identify the Cause of Economic Crisis
1. With all his wisdom man cant understand his future
For man also knows not his time: as the fishes that are taken in an evil net, and as the birds that are caught in the snare; so are the sons of men snared in an evil time, when it falls suddenly upon them. (Ecclesiastes 9:12) COMMENT: With our finite wisdom we behave as though we are capable of managing every hurdle that comes in our way because our modern management philosophy teaches us so. But with His infinite wisdom God knows how to tame us from our brutal thinking. The current economic meltdown (2008-2012) has precipitated few years before but we were aware only after the collapse of the stock markets in 2008. Yes, we were in the net of the evil one but not aware of it; do you know why? Here is the answer: A wise man feareth, and departeth from evil: but the fool rageth, and is confident. (Proverbs 14:16). Yes, we are so confident that our service sector GDP is doing well because of our latest innovation in the IT and software industries are beyond comprehension! However, there are behind the scene some plot had taken place to pull us down from the pride of our education and achievements! Here is the warning for all who hold atheistic philosophy in educational institutes and spoil the younger generation: Thus saith the Lord, thy redeemer, and he that formed thee from the womb, I am the Lord that maketh all things; that stretcheth forth the heavens alone; that 4

spreadeth abroad the earth by myself; That frustrateth the tokens of the liars, and maketh diviners mad; that turneth wise men backward, and maketh their knowledge foolish; (Isaiah 44:2425) The Word God sets the tone very clearly that we are teaching lies to our students. If the world is not going to throw away the atheistic evolution from the curriculum, we are producing some fools from our universities. No wonder, no one has the answer for this current economic meltdown. Yes, our economists had diagnosed the disease but not correctly. In spite of the prolonged treatment, if the patient is not getting cured, then there are chances that diagnose was not accurate. The 2008 year recession still continuing in spite of so many remedial measures but the economic cure is a far cry. Probably, we have given so far wrong treatment, it seems that the diagnose was also wrong!

2. Wise men are ashamed, they are dismayed and taken


How do ye say, we are wise, and the law of the Lord is with us? Lo, certainly in vain made he it; the pen of the scribes is in vain. The wise men are ashamed, they are dismayed and taken: lo, they have rejected the word of the Lord; and what wisdom is in them? (Jeremiah 8:89). COMMENT: There is a lot of difference between thinking about us as wise people and not really being wise in practical matters. The only one place we test ourselves weather we are wise or foolish is from the light of the Word of God. And only after seeing from the mirror we can adjust or makeup ourselves and without that we can imagine that we are okay though we look ugly to others. Our economic achievements are crumbling because we were on the wrong track. Only the light of the Word of God can show the way to trace back our original path that lead to real prosperity.

3. My people have committed two evils


Be astonished, O ye heavens, at this, and be horribly afraid, be ye very desolate, saith the Lord. For my people have committed two evils; they have forsaken me the fountain of living waters, and hewed them out cisterns, broken cisterns, that can hold no water. (Jeremiah 2:1213). COMMENT: Why is it that in the globe the nature is so furious and threatening us as though to destroy us, especially, recently in the US? Is not because we have committed the above mentioned two evils? But let us not forget Gods loving admonition, As many as I love, I rebuke and chasten: be zealous therefore, and repent. (Revelation 3:19)

4. Reasons behind the economic meltdown


Thine habitation is in the midst of deceit; through deceit they refuse to know me, saith the Lord. Therefore thus saith the Lord of hosts, Behold, I will melt them, and try them; for how shall I do for the daughter of my people? Their tongue is as an arrow shot out; it speaketh deceit: one speaketh peaceably to his neighbour with his mouth, but in heart he layeth his wait. Shall I not visit them for these things? saith the Lord: shall not my soul be avenged on such a nation as this? (Jeremiah 9:69). COMMENT: See how God watches our speeches and weighs us in a balance if we deceive our neighbors. He hates our acts and wants avenge us as we try to revenge each other. But dont forget the word that God addressed you and me, for how shall I do for the daughter of my people? This should melt our hard hearts! God still considers us that we are His children and this gives us a hope to turn to him and this will help to come out of this current economic meltdown and from the eternal hellfire!

5. Who is the wise man that may understand this?


Who is the wise man that may understand this? And who is he to whom the mouth of the Lord hath spoken, that he may declare it, for what the land perisheth and is burned up like a wilderness, that none passeth through? And the Lord saith, Because they have forsaken my law which I set before them, and have not obeyed my voice, neither walked therein; But have walked after the imagination of their own heart, and after Baalim, which their fathers taught them: (Jeremiah 9:1214). COMMENT: With God there is an answer for every problem we are facing today. From the above quote both the problem question as well as the answer is given as recaptured below: Question: For what the land perisheth and is burned up like a wilderness, that none passeth through? Answer: Because they have forsaken my law which I set before them, and have not obeyed my voice, neither walked therein Todays schools teach our children about creative thinking. If we simply educate for the development of body and mind and neglecting the precious soul and spirit in them what our children receive is simply some perverted thinking instead of creative thinking. The above Bible quote says, But have walked after the imagination of their own heart, and after Baalim, which their fathers taught them: So our imaginations are not matching with Gods ways and thus eventually we are drifting away from Gods teachings, who says, I am the Lord thy God which teacheth thee to profit, which leadeth thee by the way that thou shouldest go. O that thou hadst hearkened to my commandments! ....(Isaiah 48:1718). We neither want God nor do His 6

commandments, no wonder we are in great economic lose instead of profit. So, economic meltdown is justified and we deserve it!

6. You were as a firebrand plucked out of the burning


And I also have given you cleanness of teeth in all your cities, and want of bread in all your places: yet have ye not returned unto me, saith the Lord. I have smitten you with blasting and mildew: when your gardens and your vineyards and your fig trees and your olive trees increased, the palmerworm devoured them: yet have ye not returned unto me, saith the Lord. I have overthrown some of you, as God overthrew Sodom and Gomorrah, and ye were as a firebrand plucked out of the burning: yet have ye not returned unto me, saith the Lord. (Amos 4:6, 9, 11) COMMENT: See what a better perspective we get from the Word of God for want of bread in all your places is a sign that God wants us to return to Him. By each natural calamity, Gods expectation for us is to return to Him. One of the recent natural calamities took place on June 2012, at Colorado Springs, US. In spite of such a devastating fire that gutted natural resources and houses; God didnt allow us to perish (only two deaths were reported). God literally plucked out many of the families from the burning wildfire. However, there is great damage to the properties. What God means by all this: yet have ye not returned unto me, saith the Lord. These things are warning signs from a loving God who expects us to turn from our evil ways to escape not only from an impending judgment of an economic meltdown but also from an eternal hell fire! Click the link to watch the video 1.2:10 Colorado Springs Wildfire Burns 100,000 Acres Into Flames

7. Why are these things come upon me?Answer for individuals and nations
And if thou say in thine heart, wherefore came these things upon me? For the greatness of thine iniquity are thy skirts discovered, and thy heels made bare. This is thy lot, the portion of thy measures from me, saith the Lord; because thou hast forgotten me, and trusted in falsehood. Therefore will I discover thy skirts upon thy face that thy shame may appear? I have seen thine adulteries, and thy neighings, the lewdness of thy whoredom, and thine abominations on the hills in the fields. Woe unto thee, O Jerusalem! Wilt thou not be made clean? When shall it once be? (Jeremiah 13:22, 2527) COMMENT: See the above passages; there is a clear answer for our shame and humiliation. But what are we doing today!? Let us read what David Wilkerson said about America on May 6, 1991 (though this text given below is about America, its context is applicable to every nations and individuals who violates Gods laws and spurns when warned by His prophets):11 Is God Overlooking the Sins of America?: I want to tell you about a certain societyone that cast God aside and consequently sunk into a pit of gross 7

darkness. Despising the Light, this society became a magnet for every kind of evil spirit. Law and order collapsed; every man was a law unto himself. The entire society was abandoned to the devil, and no moral force remained to hinder its headlong rush into hell. I am actually describing two societies here: Sodom and America. We know of Sodom's terrible endand Scripture shows us that America is fast becoming another Sodom! Homosexual Sodomites came out of their closet and became activists, casting a demonic spell over a whole generation of men and boys. They grew politically powerful, controlling everything. Sodom became the worlds gay capital, a society so vile, wicked and crazed with violence that its sins thundered throughout the heavens, filling Gods holy environment with a hellish cry. Scripture says these homosexuals were not an isolated minority, but the majority (Genesis 19:1, 14). Did God overlook their sins? Did He put off their day of reckoning? How long did God wait, once this raging homosexual spirit became so bold and brazen that it would trample what was holy? The two angels sent to Sodom represented Gods interests on this earththat which is of heaven, divine, spiritual, supernatural. Yet the men of that city were so bold, proud and arrogant that they attacked the very thing representing Gods interests. In the very hour this homosexual spirit in Sodom attacked the house of Lot, God said, EnoughI will destroy them! And the next morning, while that gay manipulated society slept off the nights debauchery, fire and brimstone fell on Sodom. The cup of Gods wrath and His fierce anger wiped them from the earth, as one would wipe filth from a dish. Click the following link to watch (video 1.3) the warnings of three men of God about Gods judgment over His people if they fail to heed His voice:12 David Wilkerson GODs Judgment and Americas Only Hope . . . Jesus Christ

1.4. How Can Economic Failures Occur Amidst Ocean-like Knowledge?


Is Our Educational System a Pirated Version of Software?
In the midst of mountainous heights of scientific and technological advancement; and ocean wide-like knowledge, the world is still scorched by the wild flame of inflation. Why cant our world intelligentsia and leadership understand the course of our Money darling?over all they felt it was strange! What happened to our 3G, 4G, and 5G computers and business software such as ERP? They must have some data to tell some remedy for the ailing health of this poor queen Money! Cant we have some big search engines to bring some results to tell on the basis of refined research data for the recovery from the past recession that visited our queen Money? Shall we not have our 8

latest technological devices from tech majorsfor each and every problem?perhaps, we can find one sickness releasing toolkit exclusively for our queen Money! Let us go to our famous business schools and universities; perhaps they might have some latest views and research to settle the dethroned queen Money and place her back on her coveted seat. Did they find something? No, only some rumors and nothing else! Whatever they have so far diagnosed was the cause of the sickness but as remedy is concerned it is still a far cry! What about the Jack of all business degree holders? They have dozens of degrees after their name and because of their fame they must be the fit ones to solve the melting economic problems of our companies and countries! Are they doing anything for us? No, they are lamenting that we are only the Jacks of all trades and masters of none!

Is Stock Market Gambling the Right Way to Do Business?


Certainly there must be a reason behind this economic failure. One of the reasons may be that the world is moving away from real wisdom or knowledge towards so-called wisdom or knowledge. Section 1.3: Focus the Light talks about root-cause for the economic down-turn. Gods Word says that when we reject Gods commandments we will lose Gods wisdom for our daily life and thus we will be misguided to the so-called wisdom that will ultimately take us to the path of defeat and poverty. Gods Word also warns us in Proverbs 14:12: There is a way which seemeth right unto a man, but the end thereof is the ways of death. Today, businesses are operating on the lines of gambling wherein someones loss becomes anothers gain. Modern stock and share market games ultimately leads to no profit for the society. In fact, if 50 percent of the people lose their investment money, it is a very big national waste in terms of resources and investment in time. Michael Pettis, Economic Watch columnist, observes the gambling between investors and the lenders where money flows from one quarter to another: 13 If liquidity expansions historically have pushed global integration forward, subsequent liquidity contractions have brought globalization to an unexpected halt. Easy money had allowed investors to earn fortunes for their willingness to take risks, and the wealth generated by rising asset values and new investments made the liberal ideology behind the rapid market expansion seem unassailable. When conditions changed, however, the outflow of money from the financial centers was reversed. Investors rushed to pull their money out of risky ventures and into safer assets. Banks tightened up their lending requirements and refused to make new loans. Asset values collapsed. Click the following link to watch a young financial journalist, Julius Reade who ridicules the modern stock market gambling. Why we, the mature business leaders of this time not able to distinguish between the gambling and business? I think, though 9

Julius did it as a comedy, he is absolutely correct. Watch now Julius video 1.4: Stock market LOL.14

1.5. The Lifeless Syndrome


We have found that queen Moneys inflation disease and its advanced stage of recession are caused by two kinds of syndromes: the one is lifeless and the other is injustice. In this section we discuss about lifeless syndrome. The word lifeless has synonyms such as dead, unconscious, unresponsive, unmoving, inert, motionless, comatose, and insensible. Income or money generated or earned through certain economic sectors, if it loses its purchasing power potential, such money is called lifeless money, i.e., it has been affected by a lifeless syndrome. It is certain that the modern business mechanism through its business transactions produces billions of money but has less life in them. What are the major sources of income in any given nation? The major sources of income are major sectors of the economy, respectivelyagriculture, industry or manufacturing, and service. How could these economic sectors income be measured? The above mentioned economic sectors income is measured by gross domestic product (GDP) of a country. How can we decide the culprit sector that produces money that has no value or less value? Answer for this question is available in chapter 7: Sector-wise Calculation of the Purchasing Power of Money. In order to identify the currency notes duplicity, one must understand the features in the original notes first. Comparing the original and the duplicate notes we can make out the difference. The single major difference what we can notice between the living and nonliving things are: living things have life in them and nonliving things do not have life in them. Let us apply a simple and logical method of thinking: In nineteenth and early twentieth century when majority of the nations had agriculture as their main occupation, then the strength of the currency of each nation was strong. During Industrial Revolution in Europe (17091858) and in America (18201870); these industrialized nations were sold their industrial goods, say electronic equipments and defense goods, to other no industrialized countries of Asia and Africa. The demand and supply chain was so powerful due to the strong agricultural income of these Asian and African countries. Since mid-twentieth century, countries like India, Brazil, China, and South Africa etc., which had originally strong agricultural sector income turned to became industrial and service sectors based income now. Industrial goods and services purchased by countries that were generating industrial income create volatility or weakness in their economy by triggering inflation. Here, no real exchange of commodities taking place between countries; whereas, in the early centurys businesses, i.e., before the advent of industrial economy, there was real exchanges of commodities took place. In the exchange of commodities, there was 10

always a demand for almost every product. In the late twentieth-century and this early twenty-first century business is taking place for business sake, without real exchange of commodities. In order to secure powerful purchasing power for money, the exchange should be between living and nonliving things or products. In relation to purchasing power of money, exchange value between two nonliving commodities or goods is equal to lifeless if not zero or dead. Take an airplane that excites us by minimizing our travel timethe technology, engineering, fuel, and the professional operation that are involved in it. The amount of money we spend is worth the comfort and convenience it adds to our life. Airplane being an industrial product, of course it is an intellectual product as well, it demands lot of expenditure around its activities, why is it so? Basically, it is a life-less industrial product run by the semi-life petrol! Do you know that petrol is a product from perished living things of old centuries also called fossil fuel: Clearly it is derived from the remains of living things, just as coal is?15 Remember the life-less industrial product, i.e., an airplane without the support of semi-life petrol, and the full-life (living) pilot to pilot it! Today, due to the inflation, both government and private organizations have reduced their operation and some closed their operations; all because petrol and diesel prices are high. What happened to these costly airplanes? There are many old airplanes already being sold in the scrap market. Today, we are playing with too many dead things that are not redeemed by living things. Business with a purposeto help and lift the suffering human beings in their needs is living in nature. Just to give an example of missions born out of a vision to help human emergency needs is: MAF (mission aviation fellowship). MAFs mission motto reads: Flying for Life. With such a life-saving motto, no business in this world will fail till heaven and earth pass away! Accordingly, I believe that MAF will fly till the second coming of the Lord Jesus Christ, even if the world economy may collapse! Read the short story of MAF from part 2, chapter 11: Who will move the unemployment mountain for us? Business, for the sake of businessto amass wealth for self-satisfaction and selfglory is lifeless in nature. This is how our business world had lost its liveliness and what we see is a lifeless activity, i.e., meltdown around us. Then why are we toiling day and night?is it just to create some life out of these lifeless activities as a punishment for our ignorance!? Other aspects of lifeless industrial money are explained in chapter 3: Nonliving products: Source of the powerless and parasitic economic currency; and chapter 7: Calculation of the sector-wise purchasing power of money.

1.6. The Injustice Syndrome


Consider the prolonged price rises that never come down such as property and land prices except during the bubble burst. Also think about the ever increasing food prices; 11

the cost of higher education, and the cost of medical treatments, especially in developed countries like the US and England. We can easily conclude that queen Money is undergoing multi-faced sickness or multi-organ failures rather than one single disease. There may be many small diseases afflicting her but let us focus on the second major disease that has induced the other diseases. The lifeless industrial income weakens the entire business network like an influenza epidemic does, whereas the injustice syndrome income corrupts the blood circulation of the entire business body. Let us define what injustice syndrome means: Money earned by means of fraudulent (or unfair), violating established business norms, and by operating businesses that bring direct or indirect damages to human beingsmorally, physically, and intellectually has no purchasing power in them. Remember the big corporate scandals, innumerable scams, black money, bribes, and all businesses and the products that spoil the consumers or end usersbody, mind, and the spirit. Can we imagine the amount of injustice that might enter into the blood circulation of the business body? Probably, it is like many cities sewage joining into the crystal clear river of pure water. Read more about injustice money in appendix 7.1: Money as a crystal clear river and injustice income and its cause in the economic system from chapter 5: Unrighteousness: the root cause of weak currency; chapter 7: Calculation of the sector-wise purchasing power of money. And read about how to reduce this injustice income from part 2, chapter 10: Strong currency by justice for truth.

1.7. Summary
Let us conclude this chapter by reiterating some of the key points that we have learned from each section of this chapter: During the past few decades, macro-economic activities had been rallied around glamorous industrial and technology oriented service sectors. Recent recession that began in 2008 is still continuing and the little improvement in 2009 was nothing but the fluctuation in the ICU monitor, which was connected to the bedridden queen Money. Many nations GDP growth rate has been continually falling and unemployment rates are continually rising. The American economy is in a complete mess, no remedies are found yet for European economic sovereign debt crisis, and the Asian economy fast fading due to Indias low GDP and the slide in Rupee; and Chinas sharp slowdown.

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Gods Word clearly depicts the reasons behind the current economic crisis, such as mankind rejected the wisdom of God; rejected the fountain of living waters and chosen many broken cisterns that hold no waters. God had been patient with His people for a long time, especially to the nations whom God had richly blessed. In America, warnings about the coming judgment of God were prophesied by few men of God like Leonard Ravenhill and David Wilkerson. The current sudden upheavals in the climatic conditions, economic turmoil, unemployment, and nations mounting public debt all seems to be God speaking to America to heed to Him. In spite of ocean-like knowledge, we had allowed our economy to fail because we had lost the true wisdom and embraced the so-called wisdom and so-called science. Since (2008) beginning of the economic meltdown, our economists, political, and business leaders are not able to find a solution for the failing economy because we have not found the accurate diagnosis. The contribution of industrial and service sectors income really weakens or deadens the economic liveliness. Injustice in all spheres of human economic activities brings polluted income that dilutes the purity of righteous income.

References
1. 2. 3. 4. Insurance Professional, Manoj Kumar, April 01, 2012. Jonathan Jarvis, A short and simple story of the credit crisis, 2008. Media Design Program, Art Center College of Design, Pasadena, California. Larry Kudlow, A Global Recession? Townhall Finance. June 15, 2012. http://finance.townhall.com/columnists/larrykudlow/2012/06/15/a_global_recession GDP growth sinks to 9-year low, shows economy in peril. Mail Today, New Delhi, June 1, 2012. http://indiatoday.intoday.in/story/gdp-growth-sinks-to-nine-year-low-shows-economy-inperil/1/198571.html The Economic Collapse, http://theeconomiccollapseblog.com/archives/the-u-s-economy-soulcrushing-total-system-failure Frank Langfitt, Chinas Economy Cools, Perhaps More than Planned. NPR, June 15, 2012. http://www.wbur.org/npr/155016607/as-chinas-economy-cools-world-may-feel-a-chill Economy Watch, http://www.economywatch.com/slideshow/myths-about-economicrecovery.html Michele Lin, The Student Loan Debt Time Bomb, Economy Watch, March 30, 2012.http://www.economywatch.com/economy-business-and-finance-news/the-student-loandebt-time-bomb.30-03.html

5. 6. 7. 8.

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9.

Economy Watch, http://www.economywatch.com/slideshow/default-danger.html

10. FunnyThePrince, Colorado Springs Wildfire Burns 100,000 Acres Into Flames, FunnyThePrince's Channel, June 27, 2012.

11. David Wilkerson, Is God Overlooking the Sins of America? May 6, 1991. http://www.tscpulpitseries.org/english/1990s/ts910506.html 12. David Wilkerson, Gods Judgment and Americas only Hope . . . Jesus Christ, TerryBBurton's channel, http://www.youtube.com/watch?v=Z5p13N8q0xU 13. Michael Pettis, Volatile Growth in a Globalised Economy, Economic Watch, 21 June 2012. 14. Julius Reade, Stock Market LOL. www.thefinancialreality.com 15. Andrew Alden, Petroleum in a Nutshell, About.com Guide. http://geology.about.com/od/petroleum/a/aa_petroleum.htm

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