Economic Long Wave Forecasts and the Antichrist
will dow go below zero?
When is the best time for the Antichrist to make his move?
During good times, or bad?
Our immediate circumstances, and near future, appear to that of global economic depression.
We need to understand that general economic theory, backed by observable history, demonstrates cycles of prosperity and lack.
There are indications in biblical prophecy that seem to point to a time of prosperity, in which the Antichrist will manifest himself.
This is somewhat intuitive, and makes sense as well. Why would anyone want to come to power and only have poverty, when he could have riches instead?
Time of anticipated prosperity
This is what Daniel says about the time of the fierce leader who is to come.
Dan 8:23 ¶ And in the latter time of their kingdom, when the transgressors are come to the full, a king of fierce countenance, and understanding dark sentences, shall stand up.
Dark sentences (chiydah):
riddle, difficult question, parable, enigmatic saying or question, perplexing saying or question
a) riddle (dark obscure utterance)
b) riddle, enigma (to be guessed)
c) perplexing questions (difficult)
d) double dealing (with ‘havin’)
Dan 8:24 And his power shall be mighty, but not by his own power: and he shall destroy wonderfully, and shall prosper, and practice, and shall destroy the mighty and the holy people.
Dan 8:25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify [himself] in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes; but he shall be broken without hand.
*** Craft (mirmah): Riches gained by fraud, fraudulent weights, made to deceive, deceptive scales, deceit, treachery
Dan 11:21 And in his estate shall stand up a vile person, to whom they shall not give the honor of the kingdom: but he shall come in peaceably, and obtain the kingdom by flatteries.
Dan 11:22 And with the arms of a flood shall they be overflown from before him, and shall be broken; yea, also the prince of the covenant.
Dan 11:24 He shall enter peaceably even upon the fattest places of the province; and he shall do [that] which his fathers have not done, nor his fathers’ fathers; he shall scatter among them the prey, and spoil, and riches: [yea], and he shall forecast his devices against the strong holds, even for a time.
*** He is not going to invade poor countries that have nothing to offer him.
The economy has to be good, or in recovery for him to make a profit.
Dan 11:28 Then shall he return into his land with great riches; and his heart [shall be] against the holy covenant; and he shall do [exploits], and return to his own land.
Dan 11:31 And arms shall stand on his part, and they shall pollute the sanctuary of strength, and shall take away the daily [sacrifice], and they shall place the abomination that makes desolate.
Dan 11:36 And the king shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvelous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
The current failed global economy
It might be an idea to watch the world scene, and see who the Savior is for the global economy.
Watch for a promise of new prosperity, based on a new system of weights and measures, and standards.
The financial basis for the new currency, and prosperity will be a fraudulent one, not being as safe as presented, and will deceive everyone into a false sense of security.
Right now, the basis is fiat paper money, since the world went off the Gold Standard at the outbreak of World War 1. Will it continue to be so?
Here is some discussions in the news about this new gold standard:
So how do we try to predict when the next time of prosperity will be, in the light of the current crisis?
There are different economic theories of cycles, that, more or less, agree with each other. I will just use one for simplicity.
KONDRATIEV’S LONG-WAVE CYCLE
The long-wave cycle in the capitalist economy was discovered by the Soviet economist N. D. Kondratieff (1892-1930) in 1922.
Kondratiev’s ultimate conclusion was that he obtained sufficient empirical basis to support the hypothesis of the existence of a long-wave economic cycle in the capitalist economies he studied, with an average duration of 54 years. He allowed a 25 percent deviation from this average.
Nikolai Kondratiev managed to study only two big cycles and a half, ceasing his research on the rising phase of the third one. He delivered his report already on the descending phase of the third cycle, in 1926, when the scale and length of this descending phase could not yet be assessed (so he predicted the Great Depression):
** the numbers to the far right are estimates on the length, in years, of the rising or declining phase
Here are some graphic representations of the cycles he calculated, along with some additional references:
The experience of earlier K-cycles indicates that traditional anti-crisis measures are efficient only on the rising phase of the cycle, in the period of burgeoning growth when recessions are slight and transient on the background of the progressive development of global economy.
Currently, despite all efforts undertaken by ECB Chair Jean-Claude Trichet and Federal Reserve Chairman Ben Bernanke, positive changes are not achieved.
We are in the declining phase of Cycle K5.
The global economy has to pass through a period of “reloading”, getting rid of the over-accumulated capital through its massive devaluation in the process of an inevitable and lengthy recession.
Devaluation of the monetary capital is likely to proceed through a chain of financial crashes, triggering the third default of the US dollar (as it happened in 1920-1930s and in 1970s).
Thus, the global economy is going to be shaken many times, and the current crisis is only a shot across the bow, warning of major events to arrive in the following years.
The global economy is likely to reach the lowest point at the end of the declining phase of the fifth K-cycle, in 2012-2015.
The Antichrist cannot come until it is profitable for him, which means it will be after the declining phase of K 5 is finished, and we are in the rising phase again.
The rising phase is predicted to be from 2015-2025 (forecast #1), or 2012-2015 (forecast #2), till 2035-2045 (forecast).
So, we have between 2-5 years before “his majesty” may appear in full view, IF this entire financial theory can even be considered reliable as a predictor.
We could also have to wait from 25- 45 more years.
In the meantime, we can watch for anyone who irritates the king of the north (identity is debatable, since there are several to the north of Israel) and the king of the south (confirmed as Egypt).
*** This would be according to Daniel 11.
The Antichrist would come just at the worst point of a declining phase.
He will know that the crash trend will be soon followed by a natural rising cycle, and he will take advantage of this.
Most bottom periods of a cycle last at least a few years, before a rise occurs.
This “bottom” may be the time that rich “Babylon” falls, and the world weeps for her.
Now their fall will follow hers, meaning they are in trouble also.
They will be looking for someone to help them.
But when the rise starts to occur, the Antichrist would take credit for the natural rise in prosperity that will soon follow.
He will claim that it is his “economic plan” that “saves the world.”
This plan is a delusion, and has no secure basis.
The “rise in prosperity” is not his doing, but he will take credit for the improvements.
This would make him a hero to everyone.
His goal is to control the world, and convince them he is their economic, and spiritual savior.
But if we know what he knows, then we will recognize this cycle timing, and be able to identify who this fake savior is.
We can add this information to what we know from the bible, as a confirmation.
It is important to note, that with man, there are rises and falls with prosperity.
But with God, prosperity is constant for those who are faithful.
There are no “declining phases” with Him.
God, Man and Stock Market Wave Theories Click here for more