‎Russia prepares to default on its debt for the first time since 1998, further alienating itself from the global financial system following sanctions imposed over the ‎‎Ukraine‎ war.

‎Russia prepares to default on its debt for the first time since 1998, further alienating itself from the global financial system following sanctions imposed over the ‎‎Ukraine‎ war. ‎

‎The country missed a Sunday evening deadline to meet a $100 million (£81.2 million) interest payment on two eurobonds due on May 27, Bloomberg reported last Monday morning. 30 days grace period. ‎

‎ Some Taiwanese holders of Russian euro bonds said on Monday they had not received the interest due, two sources told Reuters. It is expected that the international rating agency will officially confirm the default. ‎

‎Russia’s efforts to avoid default hit an insurmountable obstacle in late May, when the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) effectively blocked Moscow from paying. ‎

‎Although Russia had enough money to repay its debt, the United States used the banking system to block all payments when they were due. Last Sunday was the deadline for payments on two Eurobonds worth about $100 million. Of course, this money could have easily been paid for by Russia, which has more cash than ever due to rising oil and gas prices due to US and EU sanctions. ‎

‎So, who will be punished by this "default"? Obviously, those holding bonds. Russia gets to keep its own money, at least for the time being. The only serious side effect is that Russian ruble continues to get stronger. Now it only costs 53 rubles can be bought for one dollar, whereas before the war it only cost 80 rubles. Russia continues to lower interest rates in an attempt to prevent the ruble from strengthening too much, but to no avail. ‎

‎At this rate, thanks to Biden policies, Russia's currency will soon become the world's reserve currency, and oil and gas will be priced in petrorubles. ‎

‎Under the guise of being anti-Russian, the U.S. government is steadily making Russia great again. This makes me wonder whether the Russians have successfully infiltrated the Biden regime, pretending to be anti-Russian but actually making the U.S. government look stupid. The overall result is that Russia quickly becomes a superpower for the first time since the collapse of the Soviet Union. ‎

‎We should not equate America with its Babylonian ruling class but think of Russia as the new “‎‎Kings of the East‎‎” (‎‎Revelation 16:12‎‎) who were resurrected and overthrown by God. Babylon , believing that thereby freeing America - just as the Medes and Persians did to ancient Babylon. Recall that Cyrus the Persian (as a type of Christ (‎‎Isaiah 45:1‎‎)) issued his decree setting the captives free. ‎

‎Unfortunately, we all have to go through difficulties with the Babylonian government as it struggles to maintain its status as a superpower. However, it's better than having to go through an all out war, maybe a nuclear war with . I have been praying and thinking about this for decades and now believe we will not be hit by an world war and certainly not a nuclear war. I believe that the only nuclear event will occur in the nation of Israel because Isaiah 29:1-6 foretold this. ‎

‎The question that came to my mind came about in the early 1980s when it suddenly occurred to me that Babylon had been taken intact by the Medes and Persians who allowed the Euphrates river to dry up. ‎‎The list of casualties given in Daniel 5:30‎‎is a short list—Belshazzar, king of Babylon. This leads me to ask how Babylon might have fallen in our own day. ‎

‎I now have nearly 40 years to think about this problem. While many others have received visions and revelations of great destruction and the Russian invasion of us with uniformed soldiers following a nuclear exchange. But God kept telling me that wouldn't happen. So what can I say? I am just a lone voice contradicting many of the great prophets in the church.‎

‎Nonetheless, I gained an understanding from the "King of the East" that few others gain. Most people think Revelation 16:12 is a cause for alarm because they imagine Russia invading the land of Israel with an army of 200 million men. Such prophecies do not understand history and do not understand that Revelation 16:12 parallels the ancient kings of the East who overthrew Babylon in order to free God's people. ‎

‎In other words, ‎‎Revelation 16:12‎‎ describes an angelic work that sets the stage for the overthrow of Babylon, the sixth bowl, which is the seventh bowl. Angels are simply answering our prayers for deliverance from the captivity of the Laodicean age. Historical prophecies, setting patterns for parallel events in the future. We are now living in a time where we are seeing these historical patterns come to fruition. Without understanding history, we have no idea how prophecies will be fulfilled. ‎

‎So lift up your heads, for your salvation is coming. And everything the United States has done is of no use except making Russia great again! ‎