Pros: Interesting perspective, thoroughly researched.
Cons: Difficult to get into for first two or three chapters.
Last year, I read the book Aftershock. Aftershock provided a secular perspective on the pending end of the US Dollar and the emergence of a new electronic world currency. The Coming Economic Armageddon examines the same influences on our markets and currency, but from a biblical perspective. The thing that amazed me is that both book reached the same conclusions, but with different perspectives. Aftershock views the transition as the natural evolution of commerce, while the latter views the changes as prophetic.
I, personally, believe the dollar is heading the way of the dinosaur. Both of these books support that viewpoint. With the current debt already at fourteen trillion dollars, it is really only a matter of time. When we are borrowing forty-three cents of every dollars we spend as a nation, that problem is only becoming worse. And with unfunded obligations nearing one hundred trillion dollars, our economy is doomed without sweeping changes (changes our politicians are too scared to undertake). Dr. Jeremiah demonstrates what our debt looks like with some interesting graphic illustrations to help readers grasp the size and scope of our current fiscal situation.
While I agree with Dr. Jeremiah's perspectives, the book was not always easy to read. The first few chapters were kind of dry. As I delved deeper into the book, it became more interesting. However, I almost became bored with the book before it ever grabbed me. If I had not been traveling when I was reading this book, I might have put it down and not picked it up again. You sort of have to stick with it until the reading becomes more engaging.
There is an interesting split in the observations between Aftershock and The Coming Economic Armageddon. Aftershock examines ways for investors to capitalize on our failing economy by shorting the dollar and suggesting other investment strategies. The Coming Economic Armageddon examines the spiritual aspect of the economy and how it fits with bibilical prophecy. From the invention of the UPC code to the movement towards a cashless society, Dr. Jeremiah has done his research on the emerging technology and breaks it down to its religious significance. He also examines the roles of world powers and offers suggestions as to what role, if any, the United States plays in world events in the end times.
Whether you are religious or not, The Coming Economic Armageddon offers interesting observations and commentary on the emerging trends and future of commerce. The prophetic perspective provides a unique interpretation that is easy to understand if you have a basic knowledge of prophecy. If you have no exposure to terms like "tribulation" or "rapture" then it might get confusing. Even with some working knowledge of the subject, I was a bit confused by the perspective. Dr. Jeremiah believes in a mid-tribulation rapture, which he explains, but was somewhat lost on me. Having said that, I grapsed his broader concepts.
The Coming Economic Armageddon is 320 pages of perspective, with extensive citations to support his perspectives. While I had trouble engaging the book for the first two chapters, I eventually eased into the subject matter. It was intriguing and well researched, providing another perspective on an economic issue that is important to me. If you are not religious, you might still find this book interesting, but won't find much value in it. If you believe in prophecy, then this book will provide a vast new interpretation of world events. Four stars.
What is more American than the Dollar? This book is entered as part of the Celebrate America write off.