Are you ready for the coming economic collapse?
In this blog post, we’re going to talk about three practical things you can do for yourself and your family. And also three spiritual things you need to look out for because the time is at hand.
If you or your family or people you know have money or investments in the stock market, retirement accounts, then this blog post is for you.
I can tell you two years ago in 2020 in the covid market crash where most people are losing their money and they are panicking. I can tell you that by the grace of God, my portfolio, my account was actually up 300%. And sometimes if you go to the bank where 5 to 6% of the mutual fund return annually is good. But God was able to bless me with a 300% return during that downtime.
And not only that. After the market rebound, I got another 700% return. Making that year 1000% return! 10 times what I had in the account when I started within that year.
And that is why I want to share with you, not only practically how you can help yourself, but more importantly spiritually how you can prepare yourself. Because we don’t live for this world, but we live for the kingdom. That has to count.
The reason we’re looking at this is because in the Book of Revelation, it tells us that one day, the whole world, and all the governments, all the nations are going to be united with the one world currency, one world system, one world government. And the reason that’s going to happen is because we know that there will be something called the economic reset. The global currency. Even nations are trying to have their own digital currency, Not like Bitcoin, but their own currency. But eventually, it will be a one-world system form of government.
How’s that going to happen? Even the economists and those people who are looking at the economy saying there’s no way that the governments will keep on printing money like in the United States. Especially during the covid pandemic in 2020, the Federal Reserve had to print a lot of money in order to stimulate and to prop up the marke. And they go to all time highs again by doing that. They printed trillions of trillions of dollars, much more so than 20 years in the times past.
And how can that be sustained? Because you look at anyone who studies history, they know that when a nation keeps on printing money, that thing eventually is going to be collapsed and the currency is not going to be worth anything. You’re going to see inflation, hyperinflation.
Even if you go to the supermarket, go to the grocery store right now, you know, how could three pieces of cucumber.. When I went to Costco the other day, it started with $2.99 per pack and then became $3.99 per pack, and now it’s $4.99 per pack! Almost double the price, just for three pieces of cucumber. This is totally undeniable.
And so the economists and those who look at the markets are saying the next correction is going to come. It’s going to wipe out a lot of people. But it’s going to come down 40, 50, 80%. Some people are saying no one knows exactly how great that fall is.
And that is why we’re going to talk about in this blog post, how you can prepare for you and your family and especially for the coming of the Lord. Jesus Christ. Because these are the signs of the times.
How To Prepare Spiritually
The first three things we have to understand spiritually
Don’t Trust in Untrustable Riches
We cannot trust in untrustable riches. We can’t do it. Why? Because in Psalm 20:7 it says,
“Some trust in chariots, and some trust in horses; But we will remember the name of the Lord our God.”
Some people trust Him whatever they have here. If I have this house and have this material thing, have this money in the bank, then I’m safe. But the bible says, you know what? The only safe place is in GOD.
And in James 1:9-11 it says,
‘”Let the lowly brother glory in his exaltation, but the rich in his humiliation, because as the flower of the field, he will pass away. For no sooner has the sun risen with a burning heat than it withers the grass; its flower falls and its beautiful appearance parishes. So the rich man also will fade away in his pursuits.”
Yes, it is true in this life we need money, we have things we need to do if we’re going to support our families. It is prudent to have investments that you want to have to provide for your families to come. But Jesus also said, do not store up for yourselves treasures on earth where moth and rust will destroy. (Matthew 6:19-21) So we’ll have to use wisdom by the power of the Holy Spirit, and say “Holy Spirit. What should we give to your kingdom? And what should we also store up? So that we can provide for our families and generations to come. So that they can do your will because Your word also says it is good to be able to give and we don’t have anything. How can we give to others?”
Money Will Fail and Corrupt You
The second spiritual truth we need to remember is that money will fail you and will corrupt you. In 1 Timothy 6:9-12 it says,
“But those who desire to be rich will fall into temptation and a snare, and into many foolish and harmful lusts which drown men in destruction and perdition. For the love of money is the root of all kinds of evil. For which some have strayed from the faith in their greediness and pierced themselves with many sorrows.”
We don’t want to do that today. As we look at how we can prepare ourselves the practical things we can do. We cannot forget that there is a spiritual law that says we cannot have the love of money. We have to have the love of God. Because when we have the love of money then we don’t have the love of God. And so it sounds almost like a contradiction.
“Emmanuel, you said you’re going to show me how to prepare ourselves practicall for the economic collapse, but at the same time you tell me not to care about that.”
Yes, it’s a paradox is a contradiction because you have to first be spiritually-minded. Without the spiritual awareness, doing the practical steps to protect yourself, even if you can protect yourself financially is not going to protect you for the eternity that is to come face Jesus. And so this leads us to number three.
We Live For an Eternal Home
The spiritual truth is that we live for an eternal home, we don’t live for this home here on earth. We don’t want to store up things here on earth. What we can do is we can convert the currency here on earth and give it to the Kingdom of God.
Go and ask, “Holy Spirit, what are the ministries that can give online?” Those who are the widows, those who are the poor, those who are being persecuted around the world. Let me give to those ministries. Let me give to the people who are around me locally. Who cannot help?
Because Jesus, You said when You come back, you’re going to separate the sheep and the goats. And the only criteria (Matthew 25:40) that you’re going to say who’s going to go into the eternal kingdom with Jesus is if those who have taken care of the poor and the least of these and visited the sick, visited the prison, and heal those who are in need. Those are the ones who enter into God’s eternal kingdom. And so having this eternal perspective in the back of our minds and we should live for that.
Practical Things You Can Do To Prepare for the Economic Collapse
Now we can talk about the practical things you should do with you and your family.
Lock-In Some Gains
If you’re certain investments, mutual funds with different financial institutions, you do have to prayerfully consider locking in some gains before that crash comes. No one knows exactly when. You don’t want to catch it all at the same time, unless that is what God is telling you to do.
Because as you know, gains that are not locked in, they’re just on paper, this piece of number. If the market turns south, it’s going to evaporate. Most people have the investments so that they can only make money if the market goes up.
But there’s actually a way we can also protect ourselves from losing money if the market goes down and actually make money during that time. And this leads us to practical thing number two.
Buy a Put Option
If you have investments in certain companies, specific individual names. I know of a friend who works for a company, you give them stock options. So this is something you can do to protect yourself from the downside is called buying a put option.
A put option is basically insurance that you can buy to protect yourself in case the market goes down. Just like when you’re driving today, you need car insurance. You’re paying for the insurance so that if you get into a car accident, insurance can cover your cost.
Now, I’m not going to have time to go into exactly what is a put option. How do you trade a put option? You can go on YouTube and type in
“how I can buy a put option”
But the general idea is let’s say you have a stock at $100 and now your stock is that like $700. You have seven times your money. And you don’t exactly want to lock in the gain yet. But you want to protect the downside. You can buy a put option for let’s say $600 or even $500. And so that stock actually dropped to the level your put option makes money because your put option only makes money if your stock goes down or if the market goes down.
Now, if you don’t want to buy a put option or you don’t know what that is. You can buy the inverse ETF (Exchange Traded Fund) which is the opposite of the index. The most famous index in the United States is the S&P 500 which is conglomerate of all these hundreds of companies of their stock prices.
Now, if that thing goes down, if you buy the inverse ETF when the market goes down, that ETF goes up because it’s an inverse of that ETF. You can look into that.
Now, if you say that your funds are with the financial institution with mutual funds. You can’t really buy things individually yourself. Then you can open a separate brokerage and do that very, very carefully. Really pray about it and look online. Do different research before you actually do it because nothing is guaranteed in the financial market. And that leads us to number three.
Invest What You are Willing to Lose
Only invest in what you’re willing to lose completely. And some of you are thinking, “No, that’s not right. How can you have that mentality?”
Well, did you know that Jesus actually brought in a spiritual law too? If you’re not willing to deny yourself, pick up your cross, and follow Jesus, you’re not worthy of His kingdom. (Matthew 16:24)
This mentality of denying to yourself, willing to lose everything for one cost is the same thing in financial markets. Sometimes people get in trouble because they’re greedy. All they can think about is “How much money I can make?” But they forget the risks that they’re putting on.
The first thing that someone’s going to tell you that have been successful in trading the markets is not how much money they can make. It’s how they can manage the risk. “Will I be able to sleep at night if the direction of the market is opposite to what I’m thinking?”
And even though most people know this principle, sometimes it’s so easy to break. And personally I learned it the hard way. The first couple of years when I was learning how to trade the markets and after a couple of years eventually had success in trading stock options to know how to profit from the market.
But it wasn’t like that before. I had to sustain myself with the business profits that I had, because I broke certain rules that I had about risk management. You don’t want to do that. You want to be content and be sure you’re willing to lose what you invested in.
Now, if you say “No, I’m not willing to lose anything, I need all that to retire.” Then you need to pray and ask God and say “God, is this the time for me to lock in my gains so that I can have what I have now?
And the whole theme behind these practical ideas is that we can deny yourselves so that we can pick up our cross and follow Jesus. Not always wanting more, more, more in greed.
My accountant who does my business and personal returns, he sees so many people file their taxes and he says this, “Emmanuel, I’m glad to see that as a young person, you’re actually having very good financial habits that the bible talks about at the same time.” He’s also concerned and that’s why he also has a financial ministry. He’s sharing biblical principles of how Christians should handle their finances.
Because he sees that a lot of Christians are spending more than they actually make and people are taking their equity out of their home and spending on things probably that they don’t need, on money they don’t have because they don’t have that income. But they’re trying to sustain their lifestyle through money they don’t have. And that’s not what you want to do.
Even Paul says it this way, “I know how to be abased, and I know how to abound.” He’s been in good and bad situations. But he says in all circumstances, “I can do all things through Christ who strengthens me.” (Philippians 4:12-13)
That’s one of the most famous scripture today. Oh, I can do all things through Christ is great. But you know what the context is? Paul saying, “I can live abased. I can live low. I can live in abundance. I can do either way because I can do all things through Christ who strengthens me.”
And how many of us can actually say “I can live with very little and I can also live with a lot if God bless me.” But the most important thing is I will serve the living God no matter what I’m at in my life.
The economic collapse is going to happen. No one knows exactly. Don’t make any rash decisions. Make sure you pray through it. Make sure you seek the Lord. God will give you guidance because you need to know we’re absolutely living in the end times.
Share this with other people who need to hear it.
Until next time.
Stay with Jesus and God bless you!