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Soviet
Economic
Crisis:
Prelude
to
United
Europe?
by
Keith W. Stump
The Soviet economy is in trouble.
The political- and
prophetic–
consequences are major!
I
N
Moscow,
the feeling is
growing that the Soviet
Union is rapidly nearing a
turning point.
The reason?
A seriously sick Soviet economy.
While there is no immediate
danger of economic collapse, the
dismal picture presents a major
challenge to Soviet planners chart–
ing the nation's fiscal future. The
Soviet Union's economic system is
sliding deeper a nd deeper into
trouble, and no one is sure wbat
can be done about it.
Soviet economists are warning
that major adjustments will have to
January
1986
be made or the whole system will
be seriously threatened.
How the Soviets respond will be
a major test of Moscow's mettle
under new leadership. And the
ramifications could extend far be–
yond Sov i et borders, Bible
prophecy reveals!
An example: A severe Soviet
economic crisis could have major
consequences for the communist
bloc countries of Eastern Europe,
now under Soviet domination. The
face of th.e European cont inent
could be
radica/ly transformed
as
a result. The European balance-of–
power structure would be shat–
tered, laying the groundwork for a
New Europe and the fulfillment of
major Bible prophecies!
Trouble Down on the Farm
The U.S.S.R. has a slightly greater
population than the United States.
It
has more than twice its territory.
Yet the Soviet Union has a gross
national product (GNP) little more
than ha/fthat of the United States.
Why?
The Kremlin has long claimed
that its economy is healthy and
that its national budget runs a sub–
stantial annual surplus. But West–
ern economists have determined
there is actually a considerable So–
viet budget
deficít,
which is
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