KFLCC Kingdom Economics

F INANCIAL S ECURITY IN THE L AST D AYS

nation on earth at that time. A third characteristic is respect. Other nations—at least for a time—highly regarded the empire and the decisions that were made by the governing authorities. The decisions and actions of a strong nation cause an immediate response by other nations, and the empire’s decisions can impact the decisions of the rest of the world. The empire had regional and even global respect and influence. This kind of respect restrains other nations that might be tempted to strategize a military attack against the leading nation. A fourth trait of such a nation is that their military will be the strongest in the hemisphere, and perhaps even the entire globe. Through their power, they can dominate surrounding nations in the event of a war, and defend their own nation from invaders without and enemies within. They might initiate a major war or bring peace in time of war through their respect, military might, and economic domination. Before we examine ancient empires, let’s look at the nation of America. This country matured from a young cub that was birthed out of the British Empire, to a roaring lion of global authority. What began as thirteen colonies merged into the union of states, called the United States. With leaders who wanted freedom from monarchy, we were created as a republic, a sovereign nation based on liberty and inalienable rights, where power rested with the people who elected their representative leaders. America enlarged her borders from the original thirteen states to fifty when Hawaii was added in 1959. Since the breakup of the Soviet Union in December of 1991, America has been recognized as the leading military nation. We have been a nation against whose currency the world s purchases and commodity prices have been set. In the past, when our leaders spoke and traveled, they received the highest respect from other world leaders and from people in Europe and other continents. I believe America has been the strongest nation on earth up to this point. Unfortunately, America is falling into the same trap as empires throughout history that collapsed economically and whose land was overtaken. Those empires of past history began to accumulate high debt and experience internal fighting, like a slow cancer spreading through vital organs. National debt became unsustainable, people were over-taxed to pay for the debt, and they were unable to pay back money they had borrowed at high interest rates.

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