When this Happens the Whole World will Plunge into Instant Poverty

The rapture of the church will bring about one of the biggest changes on earth since Noah’s flood. When over 1.5 billion people are instantly removed from society, the impact will be overwhelming.  It will affect the entire world as Christians from all over the world will suddenly be taken away.  Let’s look at some of the impacting issues.

Most people today the world over are living on borrowed money. More so in the industrialized  world, but even in developing countries. This has become our way of life, “buy now and pay later”.  Everyone owes money on their house, car, and credit cards and just pays the bank a certain amount every month in order to keep using the goods. When these people are suddenly removed, who will make their payments? No one. So the banks will start foreclosure on their houses, but they will have so many houses to foreclose on that they won’t know what to do with them all. When you suddenly have a huge influx of homes on the market, that will drive down the price substantially.
This means that the banks will have to take huge losses when they sell the property. And they won’t be able to collect on the money still due on the mortgage after the foreclosure sale either.

The same thing will happen with cars. Most new cars are financed. When the payments stop, the cars will be repossessed and sold. But for how much? With a huge influx of used cars for sale that will force the price way down and the banks will take huge losses. And with credit cards, they won’t even have anything to reposess or sell, that will be a full value loss. This could take down
many financial institutions and cause them to go bankrupt.

Let’s look at another aspect. What happens when you suddenly remove 1.5 billion consumers?  You produce a surplus of all goods and services that those consumers used to use. This creates a glut in the system which creates huge price reductions which begins to work it’s way back to the producers resulting in more unemployment and price cuts. And this results in more defaults on
loans and higher unemployment as factories and producers go out of business.

Those 1.5 billion people will also not be paying any more taxes. No more property taxes, sales tax, income tax, or any other taxes. Governments, cities, and states all depend heavily on taxes as their source of income. A reduction of taxes means a reduction in the maintenance and services provided which means more lay off’s and higher taxes for those that remain.

And what about all the jobs those people did, who will replace them? Of course there will be many jobs available, but there will be many jobs available with no one qualified to fill them. How do you replace an electrician or a plumber? It will take several years. As a result, this could greatly hamper any new construction and maintenance projects for quite some time. And what about
essential services like doctors, dentists, nurses, and so on, there will be shortages all over the world, so those people won’t even be able to be brought in from other countries. Those that remain in the work force will be stretched to the limit and the rest will just have to wait.