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World News and Trends: Will the global economy revive?

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Will the global economy revive?

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World News and Trends: Will the global economy revive?

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Some of our readers lived through the Great Depression of the 1930s. Food was scarce, but it was more available for families on farms. City dwellers often ate only one meal a day, if they could find food. It was a frightening and depressing time. 

Recent U.S. government reports state that the recession hit bottom in 2009. If true, one would expect the housing market to be noticeably recuperating by now. But that hasn't happened. In fact, some say that the housing market is still going down and that home foreclosures are increasing.

How and when the global economy recovers may well rest in the hands of One who directs world events according to His plan and purpose as spelled out in Bible prophecy. Scripture indicates major changes ahead in the status of several great powers, including major declines for the United States and the rise of a new European-centered superpower. To learn more, request or download our free booklets The United States and Britain in Bible Prophecy and You Can Understand Bible Prophecy.