The Abomination of Desolation - St. Marys Coptic Orthodox Church

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SIGNS OF HIS COMING II
different self proclaimed “gurus.” Rumors turned into major losses. If
Alan Greenspan sneezed or Yeltsin had a hiccup, the financial markets
reacted hysterically. We became familiar with newspaper captions
reading like this:
Unhappy investors bail out
Miffed by Greenspan’s comments
global markets sell off dramatically
loonie gets caught in the crossfire 1
Even though now, the situation has stabilized, many believe that this is
the calm before the tempest, and that a global recession is unavoidable.
A recent article in the Globe and Mail titled, “Fear and loathing of a
global recession,” had the following to say:
A deadly financial virus continues to wreak havoc in markets around the
world, fears are growing that the global economy will soon be plunged
into a devastating worldwide recession. Billionaire speculator George
Soros, who has made and lost billions betting on stock, currency and
commodities, likened the financial markets to a wrecking ball ‘knocking
over one economy after another.’ The global capitalist system, he
warned, ‘is coming apart at the seams, and the United States, at the
centre of the system, cannot remain unscathed.’ The United Nations
issued a stark warning of global recession if the three main economic
engines; the United States, Europe and Japan don’t take quick action
to drag Asia out of its deflationary funnel.
Could this state of affairs be the one predicted in Luke 21: 26, where we
are told, “Men’s hearts failing them for fear and for looking after those
things which are coming on the earth?”
One may wonder, what could this financial crisis have to do with the
coming of the Abomination of Desolation? In a well-researched
article we published in “Parousia” Vol III, No 8 (December, 1992),
entitled, “The Reign of Antichrist,” we wrote the following:
THE SECOND PERIOD of the life of Antichrist will be opened with
1 The Toronto Star, September 18, 1998