Word – "London Times"
P#24
Re: Character of the Global
Financial System
November 9, 2008
At 4:22 am, on November 9, 2008, I heard an unusual word: “London Times.”
I do not have access to London news, so I went on line and googled “London Times” to see
what the headline of the day was. Lo and behold, it was about the British banks that received
infusions of capital from the government to stave off a credit freeze, much like the banks in the
US.
The headline read: “Banks defy Gordon Brown over new interest rate cuts."
To help stimulate the economy, the Bank of England lowered interest rates. However, some of
the banks that had been helped by the government told the British leader that they would not
lower their interest rates because they are “not charities,” meaning that their profits are more
important than helping to save the economy. They were “drawing a line in the sand” and
refusing to lower their profits by lowering interest rates.
This one response exposes the very heart of the global financial system that is part of Mystery
Babylon. Its heart is cold and calculating and driven by a lust for power and control. It feeds on
greed and the love of money (1 Timothy 6:10). All sorts of evil come out of such a
combination.
This is the character of the global system that has enslaved the world and seduced the
merchants of the earth by the wealth of her sensuality (Revelation 18). In one hour, her great
wealth will be laid waste, and these men of greed will mourn over their great loss.
But, let us rejoice that the Kingdom of our Lord is coming on the heels of the demise of Mystery
Babylon. In fact, the Kingdom of our Lord is the mighty Stone that will strike the great
Babylonian system and crush it into dust.
"Then the iron, the clay, the bronze, the silver and the gold were crushed all at the same
time and became like chaff from the summer threshing floors; and the wind carried them
away so that not a trace of them was found. But the stone that struck the statue became
a great mountain and filled the whole earth." (Daniel 2:35 NASB)