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I thought it would be interesting to compile a list of prophecies, some more than 150 years old, about the coming financial collapse:
1843: Joseph Smith:
This was a letter from Nephi Packard to A. Milton Musser on July 24, 1896:
"... My brother, Noah Packard, says that he heard the Prophet Joseph say that the next great (U.S. civil) war after the war of the rebellion (the Civil War of the 1860's between the North and the South) would commence in a little town now called Chicago but at that time it would have grown to be a very large city. And another brother told me that the Prophet said that the cause of the next great trouble of the United States would be the depreciation of the currency of the United States. I believe I have given you all the facts in as short and concise manner as possible."
1878: David Whitmer
"A civil war more bloody and cruel than the rebellion. It will be the smashing up of this nation."
1843: Joseph Smith:
"A terrible revolution will take place in the land of America, such as has never been seen before; for the land will be literally left without a supreme government. And every species of wickedness will run rampant. Father will be against son, and son against father, mother against daughter, and daughter against mother. The most terrible scenes of murder and bloodshed and rapine that have ever been looked upon will take place.
"Peace will be taken from the earth and there will be no peace only in the Rocky Mountains. This will cause many hundreds and thousands of the honest in heart to gather there; not because they would be saints (Mormons), but for safety and because they would not take up the sword against their neighbor.
"You will be so numerous that you will be in danger of famine, but not for the want of seed time and harvest, but because of so many to be fed, Many will come with bundles under their arms to escape the calamities..,
1933: Quaker Prophecy:
I saw international war again break out with its center upon the Pacific Ocean, but sweeping and encircling the whole globe.
I saw that the opposing forces were roughly divided by so-called Christianity on the one side, and by the so-called followers of Mohammed and Buddha on the other. I saw that the great driving power within these so-called Christian nations, was the Great Apostasy of Rome, in all its political, social and religious aspects. I saw the worldwide dislocation and devastation of production and slaughter of people occur more swiftly and upon a larger scale than ever before....
I saw the international world war automatically break down, and national revolution occur in every country, and complete the work of chaos and desolation. I saw geological disturbances occur, which helped in this work as if it were intended to do so... I saw the international boundary line disappear as these two governments broke up and dissolved into chaos. I saw race rioting upon the American continent on a vast scale.
I saw hunger and starvation in this world; I saw disease produced by hunger, strife and chaos complete the end of this present order or epoch. How long these events were in reaching this consummation I do not know, but my impression was from the outbreak of the international war these things developed into a continuous procession, and almost ran concurrently, as it is with a sickness, the various symptoms are all in evidence at one and the same time, but in different stages of development.
1940? John Koyle:
This time of trouble will be ushered in by a financial crash; we go to bed at night and awake in the morning with no light, water, gas or heat. The money will become worthless, not worth the paper it is written on, an armful would not buy a loaf of bread."
... Koyle said that Wall Street would have a major drop sometime before the total failure and that the Government would step in to help save it.
Koyle was shown that our entire wage and price structure had risen higher and higher so that it was like it was up on high stilts, and then suddenly it was as if someone over-night had kicked the stilts out from under it, and the whole thing came down with a crash to about 20 cents on the dollar. Property would only be worth l/5 of its former value, but mortgage and other fixed debts would remain the same.
$20 bills would blow like trash in the gutter, not worth the trouble of bending over to pick them up....
The US would call its military home from all over the world just to keep the greenbacks home and to keep the peace.
1980: Sarah Menet
The next thing that came to me was more felt than seen. It was the understanding that shortly after the crashing of the buildings in New York City (911), commerce ceased. Shopping and buying seemed to stop, and the economy failed throughout the world. Few had any money at all, and those who did have it could not buy anything of worth with it. Gold and silver and other commodities had value and could be traded.
I then saw a man walk into a middle of a crowd of people and drop what seemed like a quart jar full of liquid. The jar broke and the liquid spread. I understood that people nearby had become infected with a disease from the liquid, and they didn't even know it. A day or two later the people became sick and started dying. I saw that this would happen in four particular cities: New York, Los Angeles, San Francisco and Salt Lake City. The disease started with white blisters, some the size of a dime, appearing the hands, arms and face of the victims. The blisters quickly developed into white puffy sores. Those with the disease would stumble around and fall over dead. Many died within a short time, perhaps 24 hours.
I also saw other people with a flu-like virus that spread more quickly than the first disease. The victims had blood coming from their nose, mouth, eyes, and ears. These people died even faster of this disease than the ones who had the first sickness. These diseases became wide-spread across the United States with hundreds of thousands infected.
As the people were fleeing the cities in the hope of saving their lives, gangs were attacking them and killing them. In the towns that were struck with disease there was chaos, with looting, rioting and murders involved in a complete breakdown of society. Many people seemed to go crazy. I sensed that the electricity had failed everywhere and that nothing was running throughout the country, including any of the communication systems. I watched people throw rocks through windows to steal TV's that would not work and thought it was very strange....
There was a tremendously long winter that caught everyone by surprise following the siege of sickness. It started early and lasted into the summer months. A famine had begun over the few years leading up to the long winter because of storms, droughts, floods and other plagues that had taken place; and the abnormally long cold period seemed to cause the famine to suddenly increase to its full measure.
In the period of time following the disease, which was quickly followed by the long winter, things started going down hill very quickly. Events piled up one on top of another without any breaks. My sense of timing was not very clear at this moment; however because I was seeing several things happening all at the same time or very close together.
During and after the long winter, the disease spread everywhere and increased in severity. The economy and the electricity were completely gone. Chaos and anarchy reigned over the entire United States. Without any government there was a total breakdown, and I saw people panicking everywhere. They were trying in vain to find food. There was none. I saw people even digging in the ground for worms to eat because they were so hungry from the lack of food.
Also, during this time I became aware that there was very little drinking water, and the remaining water had become contaminated, so that if a person drank it they would contract the disease and die. Because of their great thirst many people drank the water in spite of the danger of poisoning and died.
I mentioned earlier the gangs that killed people trying to escape the cities. It seemed that some of the people had lost their minds and went around in these gangs killing people just for the sake of killing; others killed for food or to gain some material possessions from their victims. Those that were killing for no reason were like beasts: animals completely out of control, as they raped, looted, burned and butchered people. I saw these gangs go into the homes of those who were hiding. They would drag them out of their hiding places, rape and dismember them.
For many there was an unnatural fear and hatred that came over the people. Family ties that once existed between husbands and wives, parents and children no longer mattered. The only thing that mattered was individual survival. Men would kill their wives and children for food or water. Mothers would kill their children. For me, the events that then lay before me were horrible beyond description and almost unbearable to watch....
As I looked upon this scene of chaos, smoke and destruction I noticed that there were small pockets of light scattered over the United States. There were, I would guess, about twenty or thirty of them that I saw. I noticed that most of the locations of light were in the western part of the United States, with only three or four of them being in the east. These places of light seemed to shine brightly through the darkness and were such a contrast to the rest of the scene that they caught my attention. I focused on them for a moment and asked, 'What are these things?'
I was then able to see that these points of light were people who had gathered together and were kneeling in prayer. The light was actually coming from the people, and I understood that the light was showing forth their goodness and love. I further understood that they gathered together for safety and that, contrary to what I had witnessed everywhere, the cared more for each other than for themselves. Some of the groups were small with only a hundred people or so, but other groups consisted of what seemed to be thousands.
I realized that many, if not all, of these places of light, or cities of light as I began to think of them, had somehow been established just before the biological attack, and that they were very organized. It was as if they had known what was coming and had prepared for it. I did not see who or what had organized them, but I did see many people struggling to reach them with nothing but what they could carry.
The cities of light had food that others outside of those groups did not have, and within the cities of light food was readily shared with those who joined their groups. In these places there was peace and safety. The inhabitants were living in tents of all kinds, many of which were no more than blankets held up by poles. I noticed that the gangs made no threats on these groups and left them completely alone, choosing to pick on other targets and unprotected people, as many of the people in those cities had guns that they would use for self-defense. The gangs also preyed upon the people who were traveling, trying to reach the cities of light.
As I looked upon them, I realized that these cities of light were temporary and that in a short time the people living within them would go to another place. I do not know where they were to go but seemed to think that they gathered in the mountains, to higher places."