Iraq Poised to be Oil Giant & Economic Power
[Iraq Poised to be Oil Giant & Economic Power,
Reports New York Times: Consistent with Bible Prophecy? by Joel C.
Rosenberg] "(Washington, D.C., June 4, 2012) -- In April, I noted the
nation we know today as the Republic of Iraq -- known variously in
Scripture as Babel, Babylon, Babylonia, Mesopotamia and Shinar -- will
emerge as the global center of wealth, power and terrible evil in the
End Times, according to Bible prophecy. In Revelation 18, for example,
we learn that Babylon will rise to become the most wealthy place on the
face of the planet, and develop into an existential threat to Israel and
the Jewish people, and then face divine judgment during the Tribulation.
Many cynics and critics over the years have dismissed such Bible
prophecies. But those who are wise should be watching for Iraq to: 1)
begin rebuilding its offensive military capability; 2) begin rebuilding
its economy; 3) continue rebuilding the actual ancient city of Babylon.
As I explained in April, all three of these trends are actually
currently underway.
Now a fascinating story in the Sunday New York Times provides fresh
evidence that Iraq is poised for explosive economic growth. The article
indicates that:
1) Iraqi oil production has surged from less than 2 million barrels a
day in 2003-2004 to nearly 2.5 million barrels a day;
2) Next year, Iraqi officials believe they will be producing nearly 3
million barrels of oil per day;
3) In the next five years -- by 2017 -- Iraqi officials project they
will be producing upwards of 10 million barrels of oil a day, which if
true would put Babylon on par with Saudi Arabia as one of the world's
oil giants.
In a world of high and rising oil prices, this means Iraq could actually
become a global economic superpower by the end of the decade, which
would be stunningly consistent with Bible prophecy. These are trends
worth watching." Full text:
Iraq Poised to be Oil Giant & Economic Power, Reports new York Times:
Consistent with Bible Prophecy?
