When national debts have once been accumulated to a certain degree,
there is scarce, I believe, a single instance of their having been fairly
and completely paid.  The liberation of the public revenue…has
 always been brought about by a bankruptcy.

      So what does this mean for the American people?  Put simply, America is continuing on an unsustainable path toward fiscal bankruptcy, and our financial reckoning day is now looming on the horizon.  America is now the world’s largest debtor nation, and our new Fed chairman Ben Bernacke will not be successful in averting this monetary crisis.  As Adam Smith has stated in his classic book The Wealth of Nations, the only way to “liberate” excessive national debt is through a bankruptcy.  What is true for individuals is also true for nations.  The theme of this new book will help explain how we got into this intractable mess and what the likely outcome will be as we enter into the 21st century.

      Although several fine books have been written concerning these financial and economic issues, this book promises to be different in two important ways.  First, we believe that many individuals who are responsible for our coming fiscal and monetary crisis are the same individuals who are also promoting an end to our national sovereignty and the establishment of regional and world government.  This “globalist” topic is discussed throughout the book.  Secondly, and more importantly, this book has been written from a distinctly Christian worldview which helps us comprehend the times in which we are living.  “The grass withers, the flower fades, but the word of our God stands forever” (Is. 40:8). 

      Whereas the Bible contains timeless truths and moral guidance for our daily lives, it also contains prophetic insights, which relate to our present age.  For example, the Bible has clearly predicted the rebirth of the nation of Israel, the Russian-Arab alliance in the Middle East, the rise of Europe and China on the world scene, and numerous other events which are essential for a complete understanding of our world and the ultimate destiny of America.   In a significant way, this is my best opportunity to explain several complex monetary-political-prophetic themes in their entirety instead of in “bits” and “parts,” which has so often been the case in recent years.  It is my purpose to challenge your thinking and move you to make some important personal and financial decisions.  At the very least, you will be making some new discoveries and learning some helpful, yet painful, truths that you need to know – and once you learn these truths you cannot “unlearn” them.  “Because in much wisdom there is much grief,” said King Solomon, “and increasing knowledge results in increasing pain” (Eccl. 1:18).  

      With respect to space limitations and for the sake of brevity, every attempt has been made to remain concise yet thorough in presenting the material in this book.  Important Web sites have been inserted into the text of every chapter for the reader’s immediate referral and research.  I have organized this book into four parts that follow in a logical and deductive manner.  In Part One we consider a brief history of coin and currency and the evolution of paper money issued by central banks.  This includes a rather lengthy discussion regarding the creation, operation, and legacy of the Federal Reserve System since 1913.  In Part Two we examine the growth of the Welfare State, and the incredible burden which America’s retiring baby boomers will place upon our nation in the near future and how this will contribute to our unprecedented fiscal problems.

      We will also see how domestic and foreign issues are converging to script the perfect financial storm in America – everything from asset bubbles, trade deficits and derivatives exposure to an eventual bond liquidation, currency collapse and hyperinflation.  As Richard Duncan has cautioned in his book, The Dollar Crisis, “…it is only a matter of time before the United States is not creditworthy.”  This section concludes with a careful look at our day of reckoning and what we can expect when that fateful day finally arrives.

      In Part Three I have outlined what I believe is America’s eventual road to Third World status, and its changing role among the nations of the world.  This will necessarily be a direct result of a devastating financial and economic collapse in the United States.  It has been noted how this new role for America is also being assisted by a policy of wholesale immigration and the promotion of NAFTA, CAFTA, the NAU-FTAA, and other schemes for an EU-style regional government within the Western Hemisphere.  I have presented significant changes, or “paradigms,” that are currently developing in the world that will produce a new East/West global realignment of power.  This includes a review of the European Union, China, Russia, and the increasing volatility throughout the Middle East – particularly the influence of the OPEC nations and the future of the Saudi royal family in Saudia Arabia with respect to Islamic fundamentalism.

      Finally, in an effort to put all of this into perspective, I turn the reader’s attention to a prophetic scenario for the 21st century as indicated in the Bible, especially as it relates to the tiny nation of Israel.  We can clearly see how world events are falling into a precise pattern just as the Bible has predicted hundreds of years ago.  It is seriously time to dust off your Bibles and realize the lateness of the hour that we are all living in. 

      In Part Four, I have concluded with some thoughts for putting your personal and financial affairs in order.  This is a book on how to survive America’s monetary and political decline in the 21st century.  It is also a book, however, on how we can ultimately survive our own “reckoning day” which lies ahead beyond this world.  It is my prayer that all who read my new book will earnestly seek the truth while it can still be found in God’s eternal Word.  “For you shall know the truth, and the truth shall make you free” (Jn. 8:32).

Charles H. Coppes