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Your Questions, Honest Answers: - June 3, 2021

PAT, I HAVE A QUESTION ABOUT OUR NATIONAL DEBT. ON THE 700 CLUB, I SAW THAT IN A FEW YEARS THE DEBT COULD REACH 40 TRILLION. MY QUESTION IS: WHO DO WE OWE MONEY TO? NO ONE REALLY GIVES ANY DETAILS. WOULD YOU PLEASE EXPLAIN WHO WE ARE IN DEBT ... ... Read Transcript


- All right.- First one, Pat,

comes from Charles, who says,

"Pat, I have a questionabout our national debt.

On 'The 700 Club,' Isaw that in a few years,

the debt could reach 40 trillion.

My question is who do we owe money to?

No one really gives any details.

Would you please explainwho we're in debt to

and what happens if we can't pay?"

- Well, if we can't pay,what'll happen ultimately,

we'll lose their reserve currency status.

Right now, the world economy

revolves around the American dollar

and, therefore, our federalreserve has the power

to just issue more money

and they buy bonds from the government

and they can build up all kinds of debt.

But what happens whenwe run out of creditors?

We lose our reserve currency status

and then the next thing isis a default on our debt.

Now you can default it byrunning it so excessively

where you go into hyperinflation

where your debt isn't worth anything

and then people who havebought government debt

and you own the debt,you lose all their money.

You could have it like Argentina.

You can default on your debt,

and when you do that, you'reput into terrible poverty.

Well, what does it say, the debtor,

I mean, the borrower'sthe servant of the lender,

and we've become the servantsof those who own our debt.

But the idea that they we oweit to ourselves is nonsense

because sooner or later, that debt,

I mean, it's owed toChina, it's owed to Japan,

it's owned all over theworld that hold our debt.

And when it happens, it'sgoing to bring chaos.

I mean, you cannot imagine the suffering

that'll take place.

The same thing happenedin Weimar, Germany,

when they had hyperinflation

and people were starving to death.

That will happen when thatdebt continues to grow.

All right.

- Okay, this is Richard, who says,

"Why is there so much hatred

for the Jewish people around the world?

They returned to the PromisedLand, made it pristine,

cultivated it, and spread theirinnovation around the world,

and yet, the Palestinianswant to kill them.

If Palestinians werehoused in Saudi Arabia,

which has plenty of land, or in fact,

any of the other Arab nations,

would this solve the problem?"

- The answer is yes,but the Palestinians...

There's something called UNRWA

that is a UN agency that has kept them

in virtual bondage over the years

with what they call the Law of Return.

We're gonna let you go back to your home

and everything you've lost over the years

is gonna be returned to you.

And the whole idea of aPalestinian state is nonsense.

It's not gonna work.

But what hatred it is of the Jews.

They have the oracles of God.

The Messiah came from the Jews.

The Old and New Testamentcame from the Jews.

And they are an evidenceto the existence of God.

And there is a devil andthe devil hates the people

who have brought forth the Messiah.

And there is a hatredagainst Jews that comes...

It isn't natural.

It is supernatural.

It comes from Satan himself.

And what we need to do isto fight every way we can

against him because he bringsthis anti-Semitic feeling

all over the world.

It's everywhere. It's amazing.

Because it isn't justnatural. It's supernatural.

It's devilish.

Okay.

- This is Linda who says, "Hello, Pat.

I'm 62 years of age.

I just bought my first house in 2017

and I bought a new car last January.

I work for the school district.

It will be 20 years this October.

I have no desire to retire.

I feel my boss is being meanto me, hoping I will retire

so her friend will have my job.

How can I tell them in anice way where they can go

and that I will not be bullied?"

- Well, I think you should do

exactly what you saidand say in a nice way.

"Look, you're not gonna get my job.

I'm gonna stay here because I'm entitled."

If you have to with a thing like this,

if there really is somekind of discrimination,

it doesn't hurt to get an attorney

to say, "Look, if you keep this stuff up,

I'm going to ask for legal help,"

because the courts are there to help you.

But I think again, inyour heart, have love.

Don't hate the people who persecute you

because if you do,you'll become like them.

So keep love in your heart

and then let them know how you feel

and speak boldly about it.

Don't hold back.

Find Peace with God

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