Readers have doubtless heard about (or experienced the ill effects of) the global cyber/IT crash that was linked to an intended upgrade in code provided by an IT company named Crowdstrike. It caused chaos in the global community as many airlines, banks, hospitals, etc. were affected (or shut down) by this high-tech failure. Rather than have me, a non-techie, try to explain what happened and how it was possible, I’ve enclosed the five links below which offer varied perspectives on the crisis. My comments are how this event highlights the great dangers of moving too fast in imposing technological applications on society and how the foolishness of doing so might fulfill a biblical prophecy in the time ahead of us.

Revelation 17-18 describe a great financial/commercial/monetary/political crisis that will befall the entire world at the end of our current “latter day” period of prophetic time. When you read Revelation 18:11-14, it is clear that the “merchants of the earth” have all kinds of goods and services to sell to people but they lament because “no man buys their merchandise any more.” What could cause such a global shut-down of all business activity? Notice this is not a local or regional event. The language says the merchants “of the earth” can’t sell their merchandise. Furthermore, this crisis involves a shutdown of international trade as verse 17 says the ship captains who transport international cargoes can’t conduct business. Notice also that Revelation 18:10, 17 and 19 all state that this global collapse occurs within “one hour.” Obviously, this prophecy has no applicability to the time when the Apostle John had this vision of the latter days. John’s world was a low-tech world with sailing ships transporting limited cargo, but no global collapse of all economies could literally occur within one hour.

Such a collapse could only occur in a time when the economies (and currencies) of the entire world are instantaneously interlinked. However, that is very true of our modern world where economies, currencies and trading markets are all instantaneously linked in real-time interactions via digital connections. Indeed, it is a proof that the Bible is Divinely-inspired because only a Divine Being could have known in the 1st century AD (when the prophecy was written) that a future time would have such advanced technologies that global, financial interconnections would be possible. The language in Revelation 18:11-14 indicates that there will be a currency crisis as part of this end-time financial collapse. Merchants have goods to sell, but no one can buy them. This means that all mediums of exchange have collapsed in value or trustworthiness.  

Modern debt levels have risen so far that it is evident to any serious observer that there is no way that all debts can be paid off. This argues that modern fiat currencies will simultaneously fail at some point in the future. This is possible in a global economy where a collapse in one sector of the global economy can quickly spread in real time to many other sectors of the global economy before any counter-measures can be taken. It seems to me that the currency in the greatest danger is the US Dollar as it is the Global Reserve Currency. If it collapses, it will drag other currencies down with it. Indeed, how will any merchandise or services denominated in US dollars even be realistically priced so it can be bought and sold under such conditions? Revelation 18:11-14 aptly describes such a situation where the mediums of exchange (fiat currencies) can no longer be trusted by buyers or sellers.

Notice also that Revelation 17:7-18 foretells that the great end-time currency/financial crisis isn’t entirely an accident. A cryptic alliance called “the seven heads and ten horns” will be orchestrating the collapse which is described in Revelation 18. Does that symbolism describe national leaders, corporate CEOs in digital organizations, military forces, sovereign wealth funds? We do not know at this point in time. They may strike surreptitiously and be identifiable only after they have torn down global economies and finances. They may use unpayable debts to collapse the system, actual military attacks or the introduction of a new gold-backed currency. The BRICS nations have already declared their intentions to introduce a gold-backed currency as a global trading mechanism to replace the debauched US dollar, so that is a real possibility. 

However, the recent freeze-up of a significant portion of the global economy due to a mere unintended coding error within the Crowdstrike community of corporations brings a new possibility to light for fulfilling Revelation 17-18. If a significant portion of global companies were interrupted in their ability to conduct global commerce by a mere accident, think what damage could be done to the global economy if a cyber-attack occurred which was maliciously intended to bring about a stoppage of all world trade and commerce? Indeed, think how much damage could be done when AI codes are developed which could be used by “bad actors” to destructively intervene in all global currencies, markets, transactions, etc.–bringing them all to a halt.

This end-time global collapse apparently will also be accompanied by a military or terrorist strike at key financial nodes to bring all global financial markets down simultaneously. Revelation 18:8 and 15-19 have language about a great city being destroyed by fire as part of the collapse of Babylon the Great–the book of Revelation’s term for our end-time global system. It is obviously a seaport as it speaks of ship captains watching it burn and moving themselves “afar off” from the burning city. One modern explanation for such an action by ship captains to put a lot of distance between their ships and the burning city is if its burning was caused by a nuclear device being detonated. All smoke from such a fire would be radioactive and would create the need for ships to put a lot of distance between the burning city and all surviving ships. This may be a terrorist act which no one takes credit for and no one can determine what nation or clandestine entity did such a deed. If such a seacoast city was a major global financial hub, the atomizing of its records, personnel and data could easily cause a collapse in global financial markets.

I am not foretelling exactly how the collapse of Babylon the Great’s global system will occur, but the Bible does declare that it will happen. If you desire to know more about what biblical prophecies reveal about this great end-time collapse,  please read my research report entitled, Is “Babylon the Great” about to Fall, Ushering in a Global “Beast” System? If you wish to see why an ancient biblical prophecy calls our modern global financial system “Babylon the Great,” please read my article entitled The Babylonian Origin of the Modern Banking System. I think you will find these documents to be very eye-opening.

 

  1. https://apnews.com/article/crowdstrike-tech-outage-connected-ecosystem-b7b9c47b28ed65a5fbf050086834de4f?user_email=1bb5bae2fa018f8f383f58bb0f50298e01b91f994fbe23068ed7dcf86c4c9509&utm_medium=Morning_Wire&utm_source=Sailthru_AP&utm_campaign=MorningWire_July21_2024&utm_term=Morning%20Wire%20Subscribers
  2. https://www.theepochtimes.com/business/global-computer-outages-reveal-vulnerabilities-of-internet-centralization-5690601?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2024-07-22&src_cmp=mb-2024-07-22&utm_medium=email&est=AAAAAAAAAAAAAAAAcuEkeR8Fx9Lo%2F7oB8GhQD7d1hU0LM8sAVHWNPQv%2BQgG0beqiufY%3D
  3. https://tjvnews.com/2024/07/global-it-outages-linked-to-microsoft-crowdstrike-cause-widespread-disruption/
  4. https://www.newsmax.com/finance/streettalk/microsoft-crowdstrike-it/2024/07/21/id/1173401/
  5. https://www.bbc.com/news/articles/cn4vgq5150qo?at_campaign_type=owned&at_medium=emails&at_objective=awareness&at_ptr_type=email&at_ptr_name=salesforce&at_campaign=newsbriefingpm&at_email_send_date=20240719&at_send_id=4128874&at_link_title=https%3a%2f%2fwww.bbc.com%2fnews%2farticles%2fcn4vgq5150qo&at_bbc_team=crm