World War! – and the Weapons are Economic (for now)

The collapse of the credit market was exacerbated if not initiated by the use of economic realities as a weapon of war between nations. Realize that as you see layoffs, empty homes, it is not only an economic cycle, but casualties of an intensifying war as sure as if bombs were dropped on our cities.

Over two years ago we noted the use of economics as a weapon of global war against the U.S., as the

nations opposed ot the United States, namely Russia, Iran, Venezuela, and others sought to destabilize our currency. While the current economic collapse has been made possible by the usury and corruption within the U.S., the unnatural swings in currency and commodity prices such as oil point clearly to geo-strategic use of the crises by other nations.

The West, in particular the United States, has fired its weapons back in the form of collapsing oil prices. Oil industry expert Jim Norman argues in his well-researched book “The Oil Card – Oil as Economic Warfare”   that the United States manipulates the price of oil as an economic weapon against countries such as Russia and China.

This type of war has a nasty way of becoming an “iron” war. Russia’s actions against Georgia involved control of and destruction of key oil pipelines and equipment.  On January 1 Russia’s state controlled

Gazprom shut off the major natural gas pipeline into Europe in the middle of the coldest winter in many years as Russian oil revenue evaporated overnight, threatening Putin’s dictatorship.  This time the American counterattack of oil price manipulation hit, but it is stirring up the Russian bear.

With nations pushed to the brink by this economic battle, it forces them to desperate measures, which almost always have a military aspect.  In this case, it falls right into the prophetic.  The Bible describes a situation where Russia is forced to make alliances and fight a war against Israel:

I will turn you around, put hooks into your jaws, and lead you out, with all your army, horses, and horsemen, all splendidly clothed, a great company with bucklers and shields, all of them handling swords.
Persia, Ethiopia, and Libya are with them, all of them with shield and helmet;
Ezekiel 38:4-5

Besides oil, weaponry is the only other major asset that Russia produces. Now, devoid of its oil revenue, desperate Russia is making alliances with the very group of nations predicted in Ezekiel 38. Russia’s customers include Iran (Persia), Ethiopia, Libya, Syria, Sudan, and others, all who swear the the destruction of Israel.

I do not know the timing of this war, but it is clear that economic warfare is hastening the conditions for these prophetic conflicts.