David Wilkerson Vision - part two

Bankruptcies of Major Corporations

Nearly every day my emails describe or predict a looming financial crisis. Nationally we have witnessed  the failure of financial markets, corporations, and  banking firms with mega-sized bailouts. Bailouts that our government had to borrow money from China, England, Japan, to name a few, to accomplish. Both Republican and Democrat administrations were responsible for a debt that was impossible to cover without printing more paper money backed only by the promise of payment. This has led to major inflation, even though our government is refusing to admit to it by changing the definition they use for inflation. Regardless of what the Obama administration is telling us our food has inflated on the average of 30% and gasoline even higher. God revealed this to David Wilkerson in 1973 and he printed it in his book The Vision in 1974 -

"I believe we are going to witness the bankruptcies of some of the nation's major  and most popular corporations. I see tremendous difficulty arising for credit corporations. There are going to be many people unable to pay off their heavy obligations to major credit card companies, causing near-chaos. ... The President of the United States will make one, and possibly two national radio and TV appearances to reassure the nation that all is well and that the best of economic times is just ahead. It will not work. People will distrust these statements, and their fears will lead to a revolution at the polls.

The Auto industry is going to be hurt badly. Makers of recreational vehicles are going to get hit very hard....Almost every economic indicator will be gloomy. It will be spotty at first --but will eventually affect nearly all industry."

We already have seen major banking firms go down, Fanny May and Freddie Mack (major credit corporations) go bankrupt, and two of the three major car companies go bankrupt. So far the Obama administration is amassing some $14 trillion dollars in debt, $1.6 trillion this year alone. To put this in perspective - if you spent $30 million dollars a day from the time of Jesus until today, you still wouldn't quite cover it!


He also saw a "rush to the country" and today many secular financial advisors are saying the same thing. They see the inevitable food shortage and inflation problems that will hit the cities. He also saw unions in a dilemma - whether to strike or not. Unemployment will cause great problems and inflation will make it too costly to strike but business owners facing tax and inflation costs will be unwilling to negotiate higher wages and benefits. He also said hoarding goods, gold or silver will not help and there will be a rise in riots and demonstrations around the nation. All of this we here in Wisconsin have seen over the last two years. He also mentions some advise to those who will listen -

"I have some advice for those who believe the message of this chapter. I believe the advice is from the Lord. Don't buy anything unless it is needed. Avoid going into debt - at all, if possible. Sell or trade off all questionable holdings. No matter what sacrifice is involved, pay off as much debt as possible and get your cash flow needs down to a minimum."

The ability to hear God and the willingness to obey what you hear will be the only security in these times. God has always shown His people how to prepare for disasters: Noah, He told to build an ark; Jacob, He sent Joseph ahead into Egypt to prepare; Elijah, He sent to a widow; and the first disciples He warned to flee to the mountains when they saw Jerusalem surrounded by armies. 


This second installment of David Wilkerson's vision is happening before our eyes right now so, we must do what we can and leave the rest to God. We must not fear but have faith in His plan for our lives. His word states "He is faithful to finish the good work He began in us." - Philippians 1:6.