One World, One Crisis
developments are sweeping the entire world in recent times like tidal waves.
First, a “globalization bubble” unfolded over the past several decades—one that
was popularly thought would never end—then followed by the biggest and most
rapid bust of world financial and real estate wealth since the 1930s (in fact,
even worse). Next, the most invasive and coordinated intervention of governments
has occurred around the world as they attempt to resuscitate plunging economies
and bail out failing companies. In
tandem, a desperate bout of money manipulation has unfolded.
none of these developments were expected by the world’s policymakers or
societies at large even a year ago. It all happened rapidly … like a sudden
trap. No doubt, these are treacherous times where the unsuspecting are being
herded from one disaster to another. Just how can the average household either
anticipate or navigate through such see-saw conditions? It can be seen as an
early sign of the times … the global period of trouble and anxiety where faith
runs cold (Matthew 24:12). What
next? As grim as it might seem in some parts of the world, it is not yet the end
for the world, nor has the apocalypse begun.
Signs of the
No doubt, we
are witnessing important signs of various endtime trends.
Consider that never before
in history—even than during the two world wars of the past century—has global
opinion been so galvanized and unified to a common view. From
Iceland to Vietnam, from rural China to downtown Zürich, whether
business people or consumers, all are battening down the hatches in response to
the global “financial heart attack” that has crippled the world recently.
shakings of the false gods of global prosperity have struck fear into the
remotest parts of the globe. Filipino guest workers in the Arab Emirates are
flocking home, running away from debts and obligations. Possibly as many as 20
million Chinese have lost their jobs in recent times. The evidence is
everywhere. In international
policymaking circles, harried meetings are being held to find solutions to
economic and financial ail. What we
see is something very remarkable: Never before has the entire world behaved so
much as one monolithic culture.
according to a first-ever worldwide poll
on the current financial crisis, 49% of the respondents believed that the
economic situation would worsen in the next three months. In Canada and the
United States, 61% and 46%, respectively, felt that it would get worse. Only 8%
of citizens in G8 countries thought that things might get better. Such a
one-sided consensus opinion is a significant. It shows that the entire world has
been affected as one. The unified responses of world policymakers, consumers and
businesses (at least to this point) is unprecedented.
now recognize that the
economic and financial conditions of the world have come to the point where
man-made events can impact the sentiment of the entire world almost
instantaneously. This is new. It would be one thing if the mood of the entirety
of mankind were to suddenly change in response to a nuclear winter or the
blotting out of the sun. However, a mass global response to an
economically-related impulse is of a different order in several ways. For one,
it is generated by the non-physical actions of humanity itself (an emotional
event). Secondly, it reveals a common set of affections … a universal reliance
upon the prosperity of mankind’s global commercial systems.
This alone is
a realization of one of the expected “signs of the times” of the last days. From
Scripture, we know that certain economic conditions—from food inflations
(Revelation 6:6), to systemic collapses (Chapter 18), to commercial controls
(13:17) and other phenomena—will be able to affect the entire world. This is
what we already see today. The entire world, from peasant to king, is under the
influence of common commercial developments.
Apocalypse (Isaiah 24-27), we read of the “globality” of God’s final judgments
and punishments. Though much of these chapters refers directly to Israel
and the Jews, many of the judgments mentioned apply to the entire world. For
example, “The earth will be completely laid waste and totally plundered” (Isaiah
24:3). Also, “The earth reels like a drunkard, it sways like a hut in the wind;
so heavy upon it is the guilt of its rebellion that it falls—never to rise
again” (verse 20). In fact, emphasizing the global span of these events, the
word “earth” is mentioned 17 times in chapter 24 alone.
Of course, it
only follows that a global judgment must and will apply to a “globalized”
mankind, one that is characterized by a unified rebellion against God. If that
were not so, why would the entire world be judged and no nations spared? God,
who is compassionate but just, was even willing to spare Sodom if only 10 godly people could be found.
Therefore, as revealed prophetically, mankind will choose to move to an ever
more global, monolithic culture of godlessness.
In that vein,
we must note the current longing expressed by many leaders and policymakers to
build and pursue global organization and solutions. It is a natural extension of
“[...] the cravings of sinful man, the lust of his eyes and the boasting of what
he has and does” (1 John 2:16). One doesn’t need to spin great conspiracy
theories involving cabals of demon-possessed people to bring about this result.
We see this innate human impulse to pursue greatness and power at work
everywhere. In the corporate world, firms conglomerate into ever larger entities
seeking a broader global footprint in their respective industries (executives
aspiring to be big fish in an ever smaller global pond).
hegemonic impulse is shared by politicians, churchmen and global policymakers.
There is a natural, fleshly appeal to greater celebrity; to ruling over ever
larger domains … even the entire world. Interestingly, all of these corporate
captains, policymakers and Christian reconstructionists see times of world
crisis as signaling great global opportunity. To them, it is an opportune moment
to satisfy the “lust of the eyes.” Documenting this yearning, here are several
excerpts from comments by selected global policymakers.
needed is a large worldwide fiscal stimulus to counteract falling private
demand. […] the world must also build the institutions for the twenty-first
century economy. Any crisis is an opportunity. This crisis has demonstrated that
the destinies of countries around the world are linked. Policy coordination and
a global strategy that instills confidence and creates hope will bring a quicker
and stronger recovery to us all.”
(Kemal Dervi & Juan Somavia of the United Nations Development Program)
I am saying is that a crisis is an event which can force democratic governments
to make difficult decision like those that will be required to create a North
American Community. It’s not that I want another 9/11 crisis, but having a
crisis would force decisions that otherwise might not get made.”
(Dr. Robert A. Pastor)
“2009 will be
a year of learning the lessons of the financial crisis; a year where its reach
in terms of time and scope becomes more evident; a year that calls for a new
financial architecture to be shaped. At the same time, it will be a year that
will test the resolve and willingness of world leaders to collaborate and take
action to move beyond this crisis. 2008 has proven the extent to which the world
is subject to global risks; let 2009 be the year where the world finds a common
agenda to begin mitigating their impact.”
(Klaus Schwab, founder of the World Economic Forum)
[…] the very
unsettled nature of the international system generates a unique opportunity for
creative diplomacy. The nadir of the existing international financial system
coincides with simultaneous political crises around the globe. Never have so
many transformations occurred at the same time in so many different parts of the
world and been made globally accessible via instantaneous communication. The
alternative to a new international order is chaos. An international order can be
permanent only if its participants have a share not only in building but also in
securing it. In this manner, America and its potential partners
have a unique opportunity to transform a moment of crisis into a vision of hope.
such comments could be quoted.
Times of crisis are seen as an ideal environment to hasten the resolve to build
a global ark of man.
apparent chaos and fears of the current times, we then see an additional
condition on clear display: It is the pride and self-determination of mankind.
This is evident at both national and global levels. Despite the clear and
painful repercussions of past follies—including materialism, unbridled greed,
economic oppression, poor stewardship, and consumption excesses—one does not
discern even a hint of contrition
being reported in the popular media. Actually, quite the opposite is true. While
overpaid bankers are the object of much blame these days, the general idea still
prevails that there need not be any consequence for past sins.
that macro-economists and policymakers have yet to offer any apologies for the
massive failure of their theories (these really not any different from
sorceries). With very few exceptions, none foresaw or warned that the world’s
enormous financial imbalances would lead to a systemic “heart attack.”
They were all blind guides, more greedy for gain than honest and
forthright. Yet, they are not shy to offer new solutions today.
It reveals that macroeconomics is not a science, but rather a fraudulent
religion. It is not capable of dealing with the heart of man.
On that topic, the Bible is clear: “The heart is deceitful above all
things, and desperately wicked: who can know it?” (Jeremiah 17:9).
Yet, the world
is resolute in healing its problems without recognizing the underlying spiritual
diseases. The Bible gives us clear evidence as to the outcome of such human
arrogance. Not only are the experiences of Israel and other nations documented
in the Old Testament for our benefit, the consequences of the future choices of
“global man” are also foretold. A willful rebellion against God is revealed … a
stiff-necked independence and spirit of humanist self-determination. To
illustrate, let’s briefly review a few prophecies from the Old Testament. But
first, we should be reminded of the indictments against Israel.
Scripture tells us: “[…] Because you have rejected this message, relied on
oppression and depended on deceit, this sin will become for you like a high
wall, cracked and bulging, that collapses suddenly, in an instant” (Isaiah
30:12-13). A point often overlooked is that “economic sins” feature prominently
in the list of allegations against Israel. There are seemingly
countless references to these in the Scriptures. But, what was Israel’s
response? It was similar to what we observe today.
and the inhabitants of Samaria—who say with pride and arrogance of heart, ‘The
bricks have fallen down, but we will rebuild with dressed stone; the fig trees
have been felled, but we will replace them with cedars’” (Isaiah 9:9-10). Edom
also betrayed a similar humanist defiance: “‘Though we have been crushed, we
will rebuild the ruins.’ But this is what the LORD Almighty says: ‘They may
build, but I will demolish’” (Malachi 1:4). A similar attitude prevails today:
“Hah! We will not be reprimanded nor reproved. We will rebuild bigger and
Friedman, the high-profile opinion columnist, “America still has the right stuff to
thrive. We still have the most creative, diverse, innovative culture and open
society—in a world where the ability to imagine and generate new ideas with
speed and to implement them through global collaborations is the most important
competitive advantage. […] the 21st century is still up for grabs.”
This is surely
a hopeful thought. But it is human hubris.
the chairman of the US Federal Reserve from 1979-1987, in an article entitled
“We Have the Tools to Manage the Crisis” (Oct 10, 2008, Wall Street Journal)
claims that the world has the tools to overcome the financial excesses of the
past. He says: “Fortunately, there is also good reason to believe that the means
are now available to turn the tide. Financial authorities, in the
and elsewhere, are now in a position to take needed and convincing action to
stabilize markets and to restore trust. […] the needed tools to restore and
maintain functioning markets are there. Now is the time to use them.” Lately,
Mr. Volcker is not so confident. Yet, though a respected central banker, his
ideas reflect humanist self-determination. These “propping up” policies may
indeed prove to hold up financial systems for a time—even leading to what will
seem to be global solutions—yet in the end they will not solve the problem of
the corrupt human heart.
mankind is in a position today where global solutions will seem possible. Rather
than stopping to consider the ways and counsels of the Lord, the “global arm of
man” is invoked. “We will rise above God … we will make our own future,”
reflects the sentiment of our times. A similar spirit appeared evident in
speeches given by the previous president, George Bush, following 9/11 and
Hurricane Katrina. After the New
Orleans flood, he is quoted as saying: “Every time, the
people of this land have come back from fire, flood, and storm to build anew—and
to build better than what we had before. Americans have never left our destiny
to the whims of nature, and we will not start now.”
President Obama affirmed the same spirit, declaring, “We will rebuild, we will
recover, and the United
States of America will emerge stronger than
What does God
think of such an attitude? To Israel He said:
"Cursed is the one who trusts in man, who depends on flesh for his strength and
whose heart turns away from the LORD (Jeremiah 17:5).
Though God has
made man in His image and given him the power of creativity, we are still
counseled to put our trust in God, not in armies or the “arm of man.” There is
no lack of guidance as to where our real confidence should lie. “Blessed is that
man that maketh the LORD his trust, and respecteth not the proud, nor such as
turn aside to lies” (Psalms 40:4, KJV). “Put not your trust in princes, nor in
the son of man, in whom there is no help” (Psalms 146:3).
just to lay back, totally listless and without work and discipline, and just
rely upon God to do everything for us?
Of course not. When it
rains, we are not faithless in having the good sense to use an umbrella. Isaiah
provides us with God’s view as to where the separation lies between our
achievement and the glory that is attributable to Him:
hear my voice; pay attention and hear what I say. When a farmer plows for
planting, does he plow continually? Does he keep on breaking up and harrowing
the soil? When he has leveled the surface, does he not sow caraway and scatter
cummin? Does he not plant wheat in its place, barley in its plot, and spelt in
its field? His God instructs him and teaches him the right way. Caraway is not
threshed with a sledge, nor is a cartwheel rolled over cummin; caraway is beaten
out with a rod, and cummin with a stick. Grain must be ground to make bread; so
one does not go on threshing it forever. Though he drives the wheels of his
threshing cart over it, his horses do not grind it. All this also comes from the
Lord Almighty, wonderful in counsel and magnificent in wisdom” (Isaiah
Here we see
that the creator of all “technological possibility” was He who created all
things. This is true whether it
concerns the necessary technique of “breaking up the soil” to plant seeds, or
building $1-billion “clean rooms” to manufacture microprocessor chips.
Humanists, however, refuse to recognize the existence of a Creator, arrogating
to themselves the ability of self-determination and authorship of knowledge and
technology. They doggedly cling to a belief in godless human progress, despite
the setbacks of recurring world wars, natural disasters, repeated human
atrocities and the toppling idols of monetary and economic systems.
All of man’s
achievements: his technology—techniques of production, increases in
productivity—and his heaping of wealth, are not of his own making and
determination alone. God is the author of all creation, its cycles, its natural
properties, both what is in the world and under the earth, and all the
possibilities of technology. Technology and financial systems have their good
uses. Rather, it is the heart of man that is the problem — the idolatrous
attitude of self determination and independence from God.
mankind’s choices will be judged. A
period of tribulation lies ahead.
After that comes restoration.
Isaiah confirms some of the conditions after that time.
For example, the Babylonian-based money system will be destroyed and
“will never be inhabited or lived in through all generations” (Isaiah 13:20);
the rule of elites and the wicked will be finished (Isaiah 14:5); peaceful
conditions will prevail (verse 7); and, no rapacious industry will raze the
earth in its quest for profits (Isaiah 14:8).
believe in the God of Israel and accept the gift of salvation through His Son,
in loud voices will sing: "Worthy is the Lamb, who was slain, to receive power
and wealth and wisdom and strength and honor and glory and praise!" (Revelation
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About the Author:
Wilfred J. Hahn
is a global economist/strategist.
Formerly a top-ranked global analyst, research director for a major Wall Street
investment bank, and chairman of Canada
country’s largest global investment operation, his writings focus on the endtime
roles of money, economics and globalization.
He has been quoted around the world and his writings reproduced in
numerous other publications and languages.
His 2002 book the The Endtime Money Snare: How to live free
accurately anticipated and prepared its readers for the Global Financial Crisis.
His newest book, Global Financial Apocalypse Prophesied:
Preserving true riches in an age of deception and trouble,
looks further into the future and will be bookstores September 2009.
The Globe and Mail/Worldwide Independent Network of Market Research
Survey. This is made up of an international group of pollsters who have
created the WIN Crisis Index to monitor citizens’ perceptions in their
country, which surveyed 14,555 people in 17 countries during the fall of
“One Crisis, One World” by Kemal Dervi & Juan Somavia of the
United Nations Development Program and the International Labor
Accessed January 22, 2009.
Dr. Robert A. Pastor, December 15, 2006.
Klaus Schwab, Foreword to Global Risks Report 2009, World
Henry Kissinger, “The chance for a new world order.” Herald Tribune,
January 12, 2009, <http://www.iht.com/bin/printfriendly.php?id=19281915>
Accessed January 16, 2009.
Thomas Friedman, New York Times Op Ed, December 24, 2008.
George W. Bush, September 15, 2005, <http://www.cnn.com>
Barrack Obama, February 24, 2009, Associated Press.