August 13, 2026

August, 13, 2026
August 13, 2026

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World news biblically understood

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The World Is Heading Toward Economic Captivity, And Through A Biblical Lens, This Is No Small Development

David Bowen

Two months ago, the United States Senate Banking Committee introduced what may prove to be a historic—and ominous—piece of legislation: the GENIUS Act. Framed as a long-overdue measure to establish a legal framework for stablecoins, this bill was in fact far more significant. It would have marked America’s first real step toward a Central Bank Digital Currency (CBDC). For those watching global financial trends through a biblical lens, this is no small development.

The GENIUS Act, though positioned as a policy on digital assets, is ultimately about control. While it claimed to provide financial clarity and stability in an age of innovation, it quietly set the groundwork for a digital currency system that could be monitored, restricted, and enforced at the individual level. In prophetic terms, we are witnessing early infrastructure for what Revelation 13 describes as the “mark of the beast” economy, a world where buying and selling will be contingent upon compliance with a centralized system of power.

Though the bill recently failed in the Senate—falling short by 12 votes after initially enjoying bipartisan support—it is almost certain to return. That failure came after nine Democratic senators unexpectedly withdrew their backing. One of them, Senator Mark Warner, stated, “While we’ve made meaningful progress on the GENIUS Act, the work is not yet complete, and I simply cannot in good conscience ask my colleagues to vote for this legislation when the text isn’t yet finished,” indicating this is a pause, not a defeat.

The Bigger Picture: A Spiritual Perspective

For decades, voices from both inside and outside government have sounded the alarm about hidden agendas and dark financial shifts. One of those voices is Catherine Austin Fitts, a former Assistant Secretary of Housing and Urban Development under President George H.W. Bush. Fitts has long tracked what she calls “unauthorized spending” within U.S. government agencies. Her audits uncovered an astonishing $21 trillion in unaccounted funds between HUD and the Department of Defense alone.

Fitts believes these missing trillions have been funneled into classified infrastructure—possibly deep underground facilities—preparing for what elites believe may be a near-extinction event. Whether one believes her specifics or not, her core message aligns with what many of us see: a deliberate shift toward a world where control—not freedom—is the currency of governance.

She warns that the real purpose behind CBDCs is not economic efficiency, but complete social and financial surveillance. Under such a system, artificial intelligence will tailor restrictions to the individual. Your spending, movement, and behavior could all be regulated by algorithms controlled by an unelected financial elite. The digitization of currency and commerce is part of a larger system that aims to create a digital system where people can be monitored, controlled and influenced at an individual level, using AI and software to create custom surveillance for each person. If she is correct, then this explains things like the Real ID.

Consider her example: the Canadian trucker protests. The government froze the accounts not only of protesters, but of those who supported them. That’s not a future possibility; that’s present reality. And it foreshadows a system eerily similar to what Revelation prophesies: a financial order that punishes dissent and rewards conformity.

Fitts says there is a concerted attempt by governments around the world to digitize commerce and currency, which would allow them to control people through money, and this has been happening for a long time. The goal is to convert the currency system into a control system.

The system would allow for the enforcement of rules and regulations, as well as punishment, by controlling access to money and credit. The Bank of International Settlements, which is the central bank of central banks, has been running the process to implement an all-digital monetary system, with hubs all over the world, and has the technology to enforce rules on how money works.

A Silent Takeover of Power

Since 1913, central banks have controlled monetary policy. Now they are poised to take over fiscal policy—that is, taxation and government spending. If successful, this creates a condition America’s founders warned about: taxation without representation.

Fitts asserts that central banks—via global entities like the Bank of International Settlements (BIS)—are engineering a system of digital enslavement. In 2020, the general manager of the BIS openly declared that central banks would have “absolute control” over CBDC transactions. Not just over money, but how it can be spent, when, and by whom.

As inflation rages and economic hardship spreads, we’re told this system is the solution. But look deeper. Inflation, in part, is a result of deglobalization—a process that started with the 2008 financial crisis and accelerated when nations began to pull away from the U.S. dollar. Deglobalization raises costs, disrupts supply chains, and hollows out middle-class economies. It’s a shift that benefits the elite at the expense of the people.

Back in 1994, Sir James Goldsmith—a financier turned European Parliament member—warned that globalization would devastate Western culture, destroy food quality, and hollow out the middle class. His predictions have proven true. The West, and particularly the United States, has become the target. Goldsmith explained that with globalization, “We are going to hollow out the middle class in the West and we are going to devastate our culture and we’re going to devastate the quality of the food supply,” he said the target was always the West and the U.S. dollar.

Prophetic Implications

To those who understand biblical prophecy, none of this is surprising. The book of Revelation tells us where this is all heading: a global system of control, a centralized economy, and the inability to buy or sell without submission to a beastly power.

We are not guessing anymore. It’s not theory. The technology, legislation, and infrastructure are all actively being developed. The GENIUS Bill may have failed—for now—but its momentum reveals how close we are.

In Luke 21:28, Jesus told His followers: “When these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.”

Share truth. Wake up your neighbors. Help people understand the days we live in. And above all, point them to the hope we have in Christ. The world may be heading toward economic captivity, but we are free in Jesus. That is the message we must shout from the rooftops.


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Canada Raises Alarm Bells After Telling Chaplains Not To Talk About God In Public, Restricting ‘Religious Specific’ Speech

Canada’s government has raised alarms by instructing military chaplains that they may offer “inclusive” spiritual reflections at public events but cannot pray or mention God. The personnel instruction released July 29 by the Canadian Armed Forces (CAF) does not apply to funerals or voluntary worship services, but does apply to all other public events, including military parades, change of command ceremonies, commissioning of ships and historical commemorations.

A Proper Knowledge Of Israel And Eschatology Is Essential To Our Understanding Of God’s Word

I wonder if people ask you, like they ask me, “Why do you focus so much on Israel? Why not focus only on the gospel and how to live out our Christian lives today?” The gospel, our assurance of salvation, and the fulfillment of God’s promises are all tied to Israel. That’s why Israel matters so much! And that’s why teaching about Israel and eschatology is not only necessary but essential to our understanding of God’s Word and the hope we have in our soon-coming Savior, Israel’s Messiah, Jesus Christ.

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Michele Bachmann’s Advice To The President: ‘Take The Handcuffs Off Of Israel’

Michele Bachmann, a former congresswoman, 2012 Presidential Candidate, and outspoken friend of the Jewish State, advised the President to “take the handcuffs off of Israel” and enable the nation to handle its own self-defense unencumbered. On the premiere episode of “Falling Into Place” alongside co-host Jan Markell, Bachmann noted that Israel is being strong-armed into absorbing attacks on its nation—something that the United States, if it were in the same position, would never deem acceptable.

ABC's of Salvation

Decision

UTT

FOI

untitled artwork

Israel My Glory

David Bowen

Two months ago, the United States Senate Banking Committee introduced what may prove to be a historic—and ominous—piece of legislation: the GENIUS Act. Framed as a long-overdue measure to establish a legal framework for stablecoins, this bill was in fact far more significant. It would have marked America’s first real step toward a Central Bank Digital Currency (CBDC). For those watching global financial trends through a biblical lens, this is no small development.

The GENIUS Act, though positioned as a policy on digital assets, is ultimately about control. While it claimed to provide financial clarity and stability in an age of innovation, it quietly set the groundwork for a digital currency system that could be monitored, restricted, and enforced at the individual level. In prophetic terms, we are witnessing early infrastructure for what Revelation 13 describes as the “mark of the beast” economy, a world where buying and selling will be contingent upon compliance with a centralized system of power.

Though the bill recently failed in the Senate—falling short by 12 votes after initially enjoying bipartisan support—it is almost certain to return. That failure came after nine Democratic senators unexpectedly withdrew their backing. One of them, Senator Mark Warner, stated, “While we’ve made meaningful progress on the GENIUS Act, the work is not yet complete, and I simply cannot in good conscience ask my colleagues to vote for this legislation when the text isn’t yet finished,” indicating this is a pause, not a defeat.

The Bigger Picture: A Spiritual Perspective

For decades, voices from both inside and outside government have sounded the alarm about hidden agendas and dark financial shifts. One of those voices is Catherine Austin Fitts, a former Assistant Secretary of Housing and Urban Development under President George H.W. Bush. Fitts has long tracked what she calls “unauthorized spending” within U.S. government agencies. Her audits uncovered an astonishing $21 trillion in unaccounted funds between HUD and the Department of Defense alone.

Fitts believes these missing trillions have been funneled into classified infrastructure—possibly deep underground facilities—preparing for what elites believe may be a near-extinction event. Whether one believes her specifics or not, her core message aligns with what many of us see: a deliberate shift toward a world where control—not freedom—is the currency of governance.

She warns that the real purpose behind CBDCs is not economic efficiency, but complete social and financial surveillance. Under such a system, artificial intelligence will tailor restrictions to the individual. Your spending, movement, and behavior could all be regulated by algorithms controlled by an unelected financial elite. The digitization of currency and commerce is part of a larger system that aims to create a digital system where people can be monitored, controlled and influenced at an individual level, using AI and software to create custom surveillance for each person. If she is correct, then this explains things like the Real ID.

Consider her example: the Canadian trucker protests. The government froze the accounts not only of protesters, but of those who supported them. That’s not a future possibility; that’s present reality. And it foreshadows a system eerily similar to what Revelation prophesies: a financial order that punishes dissent and rewards conformity.

Fitts says there is a concerted attempt by governments around the world to digitize commerce and currency, which would allow them to control people through money, and this has been happening for a long time. The goal is to convert the currency system into a control system.

The system would allow for the enforcement of rules and regulations, as well as punishment, by controlling access to money and credit. The Bank of International Settlements, which is the central bank of central banks, has been running the process to implement an all-digital monetary system, with hubs all over the world, and has the technology to enforce rules on how money works.

A Silent Takeover of Power

Since 1913, central banks have controlled monetary policy. Now they are poised to take over fiscal policy—that is, taxation and government spending. If successful, this creates a condition America’s founders warned about: taxation without representation.

Fitts asserts that central banks—via global entities like the Bank of International Settlements (BIS)—are engineering a system of digital enslavement. In 2020, the general manager of the BIS openly declared that central banks would have “absolute control” over CBDC transactions. Not just over money, but how it can be spent, when, and by whom.

As inflation rages and economic hardship spreads, we’re told this system is the solution. But look deeper. Inflation, in part, is a result of deglobalization—a process that started with the 2008 financial crisis and accelerated when nations began to pull away from the U.S. dollar. Deglobalization raises costs, disrupts supply chains, and hollows out middle-class economies. It’s a shift that benefits the elite at the expense of the people.

Back in 1994, Sir James Goldsmith—a financier turned European Parliament member—warned that globalization would devastate Western culture, destroy food quality, and hollow out the middle class. His predictions have proven true. The West, and particularly the United States, has become the target. Goldsmith explained that with globalization, “We are going to hollow out the middle class in the West and we are going to devastate our culture and we’re going to devastate the quality of the food supply,” he said the target was always the West and the U.S. dollar.

Prophetic Implications

To those who understand biblical prophecy, none of this is surprising. The book of Revelation tells us where this is all heading: a global system of control, a centralized economy, and the inability to buy or sell without submission to a beastly power.

We are not guessing anymore. It’s not theory. The technology, legislation, and infrastructure are all actively being developed. The GENIUS Bill may have failed—for now—but its momentum reveals how close we are.

In Luke 21:28, Jesus told His followers: “When these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.”

Share truth. Wake up your neighbors. Help people understand the days we live in. And above all, point them to the hope we have in Christ. The world may be heading toward economic captivity, but we are free in Jesus. That is the message we must shout from the rooftops.


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Of News Events Around The World.

Canada Raises Alarm Bells After Telling Chaplains Not To Talk About God In Public, Restricting ‘Religious Specific’ Speech

Canada’s government has raised alarms by instructing military chaplains that they may offer “inclusive” spiritual reflections at public events but cannot pray or mention God. The personnel instruction released July 29 by the Canadian Armed Forces (CAF) does not apply to funerals or voluntary worship services, but does apply to all other public events, including military parades, change of command ceremonies, commissioning of ships and historical commemorations.

A Proper Knowledge Of Israel And Eschatology Is Essential To Our Understanding Of God’s Word

I wonder if people ask you, like they ask me, “Why do you focus so much on Israel? Why not focus only on the gospel and how to live out our Christian lives today?” The gospel, our assurance of salvation, and the fulfillment of God’s promises are all tied to Israel. That’s why Israel matters so much! And that’s why teaching about Israel and eschatology is not only necessary but essential to our understanding of God’s Word and the hope we have in our soon-coming Savior, Israel’s Messiah, Jesus Christ.

untitled artwork 6391

Michele Bachmann’s Advice To The President: ‘Take The Handcuffs Off Of Israel’

Michele Bachmann, a former congresswoman, 2012 Presidential Candidate, and outspoken friend of the Jewish State, advised the President to “take the handcuffs off of Israel” and enable the nation to handle its own self-defense unencumbered. On the premiere episode of “Falling Into Place” alongside co-host Jan Markell, Bachmann noted that Israel is being strong-armed into absorbing attacks on its nation—something that the United States, if it were in the same position, would never deem acceptable.

ABC's of Salvation

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Decision Magazine V AD

Decision

Jan Markell

Israel My Glory

Erick Stakelbeck

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YOU CARE ABOUT

BIBLICAL TRUTH.

SO DO WE.

Together, We Can Deliver A Biblical Understanding Of News Events Around The World And Equip The Church To Stand With A Biblical Worldview.

untitled artwork

Israel My Glory

YOU CARE ABOUT

BIBLICAL TRUTH.

SO DO WE.

 

Together, We Can Deliver A Biblical Understanding Of News Events Around The World And Equip The Church To Stand With A Biblical Worldview.