- all evil has its root in money

Believe these words with every once of your being, and money will not possess you, and you will be happy, truly. As it is on earth so it is in heaven.

Solomon's General Observations

The Futility of Wealth (Ecclesiastes 5.1-6.9)

5.8 If you see a poor person being oppressed by the powerful and justice being miscarried throughout the land, don't be surprised! For every official is under orders from higher up, and matters of justice only get lost in red tape and bureaucracy.

9 Even the king milks the land for his own profit!* (word uncertain)

10 Those who love money will never have enough. How absurd to think that wealth brings true happiness!

11 The more you have, the more people come to help you spend it. So what is the advantage of wealth-except perhaps to watch it run through your fingers!

12 People who work hard sleep well, whether they eat little or much. But the rich are always worrying and seldom get a good night's sleep.

13 There is another serious problem I have seen in the world. Riches are sometimes hoarded to the harm of the saver,


From 2000 to probably at least 2015, this is what is happening. Men who have lots of money are hoarding it, driving interest rates down further and further. Not only this, but this money is also going to continue to come out of the stock market, house prices, pensions, and jobs because there is so much of it that more of it has little marginal benefit. It is reflected in the debt/gdp ratio in USA which is 360% today and record bankruptcies. This will continue until this ratio falls to a more reasonable manageable level below 200%. In USA, the GDP is about 10 trillion, so if the debt is going to drop from 360% down to 200%, that is a taking out of the economy of at least 16 trillion dollars. In 1954, debt/gdp fell to 125%. If this ratio goes to 100%, that is 26 trillion taken out of the economy, which is a derivative collapse, housing collapse, pension collapse, employment collapse and stock market collapse. Certain studies show if house prices collapse 20%, this will wipe out the entire equity capital of the banks that that Freddie Mac and Fannie Mae receive their funding from. We are in what is called the BAAC Deflationary supercyle wave or Kondratiev Winter which is to hit rock bottom by 2014 based on history.


14 or they are put into risky investments that turn sour, and everything is lost. In the end, there is nothing left to pass on to one's children.

15 People who live only for wealth come to the end of their lives as naked and empty-handed as on the day they were born.

16 And this, too, is a very serious problem. As people come into this world, so they depart. All their hard work is for nothing. They have been working for the wind, and everything will be swept away.

17 Throughout their lives, they live under a cloud-frustrated, discouraged, and angry.

18 Even so, I have noticed one thing, at least, that is good. It is good for people to eat well, drink a good glass of wine, and enjoy their work-whatever they do under the sun-for however long God lets them live.

19 And it is a good thing to receive wealth from God and the good health to enjoy it. To enjoy your work and accept your lot in life-that is indeed a gift from God.

20 People who do this rarely look with sorrow on the past, for God has given them reasons for joy.

Solomon's Practical Counsel


6.1 There is another serious tragedy I have seen in our world.

2 God gives great wealth and honor to some people and gives them everything they could ever want, but then he doesn't give them the health to enjoy it. They die, and others get it all! This is meaningless-a sickening tragedy.

3 A man might have a hundred children and live to be very old. But if he finds no satisfaction in life and in the end does not even get a decent burial, I say he would have been better off born dead.

4 I realize that his birth would have been meaningless and ended in darkness. He wouldn't even have had a name,

5 and he would never have seen the sun or known of its existence. Yet he would have had more peace than he has in growing up to be an unhappy man.

6 He might live a thousand years twice over but not find contentment. And since he must die like everyone else-well, what's the use?

7 All people spend their lives scratching for food, but they never seem to have enough.

8 Considering this, do wise people really have any advantage over fools? Do poor people gain anything by being wise and knowing how to act in front of others?

9 Enjoy what you have rather than desiring what you don't have. Just dreaming about nice things is meaningless; it is like chasing the wind.