Humpty Dumpty had a great fall . . .

Posted by Rural Missourian on Feb 21st, 2009

“We witnessed the collapse of the financial system. It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.”

So stated billionaire George Soros at a dinner held at Columbia University on February 20, 2009 (Soros sees no bottom for world “financial” collapse). He made the very sobering claims that the world financial system effectively disintegrated (starting with the collapse of Leman Brothers in September) and the turbulence we now suffer is more severe than the Great Depression, much like the demise of the Soviet Union. I concur with his assessment.

Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall;
All the King’s trillions and all the King’s men,
Couldn’t put Humpty together again.

Because the mother’s milk of a culture is its economic system, we are not witnessing just the collapse of the world’s financial institutions, but the cultures that have been built from them, especially ours, which has for several generations been the world’s premier “show home” for modeling the sophisticated debt-based culture. My biggest concern for the collapse of the world’s financial system has not been the high likelihood that it cannot be restored, as that would actually be a blessing in disguise given what a curse it has been in the destruction of the family, our Christian foundations, and the republic born of them. What concerns me is that our nation will emerge as something far different than any of us ever imagined.

If it comes out a humbled third world country, which is a distinct possibility, I could live with it as difficult as it would be, as that would open the doors to the Gospel as our nation hasn’t experienced since the days prior to the War for Independence. On the other hand, while many may think it would be a wonderful answer to prayer should America pull out of its present depression to resume business as usual, I think it would lead to horrific circumstances in the long run, if our decades long decline into state sponsored hedonism and perversion is any indication. How long will the Lord suffer us to kill the unborn, promote sexual perversion, and worship the financial gods of modern man? Though it may be pleasant for a season, worshipping mammon has enormous generational consequences.

Something we need to remember to keep us from total panic is that financial systems collapse, but not economies — per say — as they simply adjust to financial conditions, even catastrophic ones. Even in the worst days of Peru’s inflationary disaster of the 1980’s and 90’s, a robust “black market” flourished, which was the life line for many, especially the poor. No matter what happens to financial systems, the constant need to eat, drink, and live always remains and humans can be quite resourceful in establishing rudimentary economies, especially where local markets are free to build. It’s when government acts as a savior in trying to save the people through collectivism and monetary alchemy that nightmarish calamities occur, which can exact a huge human toll, as we see in Zimbabwe, where unemployment has hit 94% and people are starving.

Given the growing collectivist bent of federal policy and the trillions being thrown at our collapsed financial system, there is the possibility that in addition to emerging as a third world country that a police state could emerge in America, as our colossal central government desperately seeks to keeps its enormous power, which could involve all kinds of confiscatory schemes, if history is any indication. That said, I would much rather have the hand of God’s chastising love humble us to our very core in taking everything down to where governments and economies are once again local, than for His hand of wrath to uphold a move into an ironfisted totalitarian state.

The dilemma that American Christendom faces in having embraced debt-based economics for many generations reminds me of the dilemma that David faced when he sinned against the Lord in numbering the people and its armies, only our generational sin is on a much larger and consequential scale. He was given three choices for the punishment of his sin, all of which were to be brought upon the people. He wisely chose God’s hand of chastisement over the wrath of wicked man.

2 Samuel 24:10-16

10 And David’s heart condemned him after he had numbered the people. So David said to the Lord, “I have sinned greatly in what I have done; but now, I pray, O Lord, take away the iniquity of Your servant, for I have done very foolishly.”11 Now when David arose in the morning, the word of the Lord came to the prophet Gad, David’s seer, saying,12 “Go and tell David, ‘Thus says the Lord: “I offer you three things; choose one of them for yourself, that I may do it to you.” ‘ “13 So Gad came to David and told him; and he said to him, “Shall seven years of famine come to you in your land? Or shall you flee three months before your enemies, while they pursue you? Or shall there be three days’ plague in your land? Now consider and see what answer I should take back to Him who sent me.”14 And David said to Gad, “I am in great distress. Please let us fall into the hand of the Lord, for His mercies are great; but do not let me fall into the hand of man.” 15 So the Lord sent a plague upon Israel from the morning till the appointed time. From Dan to Beersheba seventy thousand men of the people died.16 And when the angel stretched out His hand over Jerusalem to destroy it, the Lord relented from the destruction, and said to the angel who was destroying the people, “It is enough; now restrain your hand.” And the angel of the Lord was by the threshing floor of Araunah the Jebusite.

Americans have got to awaken out of their fairy tale world where nothing really bad happens to them that money cannot fix. For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows (1 Timothy 6:10). It has been their love affair with “money” that lulled them into the comatose like stupor that made them totally oblivious to the decades long destruction of their once free America, which began in earnest in 1913 when the Federal Reserve took over the nation’s financial system. Sadly, the American people sold their birthright for a bowl of fiat gruel. If ever we are to get back on our feet as a free nation under God we need to not only think “outside the box,” but repent from the gilded box of debt-based economics, which has become an inescapable plantation for the American slaves we have become. May God be merciful to us that He would awaken our hearts to Him that we may become the answer to our nation’s woeful circumstances, as we repent from being its cause in breaking covenant with Him to embrace the fiat gods of the Federal Reserve and Wallstreet (2Chronicles 7:14). — The Rural Missourian

5 Responses

  1. Jonathan Says:

    Thanks for writing this, it’s right on. I had never thought of that passage in 2 Samuel in the context of today’s circumstances, but it is very fitting and I too pray that we fall into the hands of a merciful Lord, rather than wicked men. We certainly live in exciting times with much to look forward to.

  2. Dedra Galyon Says:

    A very timely word for the Church……….

  3. Matt Davis Says:

    Hey Pastor Tom,

    We discussed this on the phone, but I thought it might be good for your readers to hear my question posed to you the other day and your answers regarding those of us who seem “stuck” where we are and what to do about the coming “exciting times” as Jonathan so positively put it. :o)

    Your post is so very true, but where does that leave us who cannot sell our homes, or cannot see a way to move to a close covenant community (which I believe is not a total “cure” for the ills that are about to befall us, but may certainly treat some of the symptoms for some of us). In other words, covenant community is what God desires for His children and wht we should desire ourselves. However, the church is so scattered to the four winds that it seems like even that would not be a remedy.

    I guess I worded my question in more of a pessimistic statement. Sorry about that. I like Jonathan’s attitude better than my own with regards to this subject. Anyway, you had some good advice (although not altogether cheerful) on the phone comparing what is coming downthe pike for us with what happened to the Jews and others in Nazi Germany.

    Sorry for the babbling.

  4. Jim -inOhio Says:

    As the current economic crisis deepens, we all will be faced with many difficult challenges.

    I am a daily reader of It has many discussions of the multitude of decisions and actions we must take in order to prepare for the days ahead.
    On Tuesday, Feb. 24, the writer of the blog posted a helpful article about, “Christianity and Self-defense”. I think it makes good reading.

    I would be most interested in reading your responses to Mr. Rawles words.

    in Ohio

  5. Rural Missourian Says:

    Jonathon, thanks for dropping by. I like the way you put it, that we “have much to look forward to.” The key word is forward. No matter what the Lord takes us through we must look forward in proactive obedience and not backwards in languishing regret for the “good old days” when we enjoyed the fleshpots of debt-based economics. I believe the Lord is purposely taking us American Christians to the edge of their own Red Sea where they will be greatly humbled and reintroduced to trusting Him with their very lives, regardless of what the latest Pharaoh intends.

    Dedra, thank you for the encouraging word.

    Matt, for sure we are all facing very difficult circumstances, though its not that we have not been forewarned, as we have seen the present economic depression coming for a long time. But as we have lived through many decades of relative peace and prosperity, making the mental and heart adjustments to what is actually taking place in our nation is very hard, just as it was for many Jews in the 1930’s when many saw the handwriting on the wall. There were a small minority that saw persecution coming and took action, which cost them dearly in having to cash out for pennies on the dollar in uprooting themselves and their businesses. They fled to safety and started over again. There was a larger group that saw the same thing but just couldn’t bring themselves to take action, being fearful that it could be for nothing, a false alarm. When the persecution became apparent, many barely escaped and with nothing, having been forced to leave most everything behind. The vast majority, however, simply refused to believe until it was too late. In like comparison, there were some that saw the housing crash coming and got out quickly, taking less than “top” dollar, with enough, however, to move to where they felt led and get reestablished. There were some that waited too long, but still sold and moved with enough to get a toe hold somewhere else. And now there are many that cannot sell their homes, probably the majority. What is vital to remember, however, is that one cannot make the sale of their house the fleece by which to determine whether it is God’s will to move or not. We live by faith and not by external circumstances.

    Besides, the Lord can choose any number of ways to move His people, so we must be prepared in our hearts when He calls. Be encouraged brother, the Lord makes the way for His people even when they may have missed the first boat.

    Jim, thanks for commenting. I searched for the article by Mr. Rawles and couldn’t find it. As I am of the reformed faith I believe, as our founding fathers did, in the right to biblical self defense (which is not to be confused with the error of using arms to advance the Kingdom of Christ or any man’s).

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