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Archive for the ‘Revelation 6:6’ Category

from The Guardian: The world risks sliding into a 1930s-style slump unless countries settle their differences and work together to tackle Europe’s deepening debt crisis, the head of the International Monetary Fund has warned. On a day that saw an escalation in the tit-for-tat trade battle between China and the United States and a deepening [...]

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from der spiegel: Fear is spreading through the financial markets as investors pull their money out of the crisis-stricken euro-zone countries. With Chancellor Angela Merkel opposed to using the ECB’s firepower to solve the crisis, the monetary union appears increasingly in danger of breaking apart. Some economists are even arguing for Germany to reintroduce the [...]

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“Mr. Schlichter thinks that the collapse of U.S., European and Japanese currencies will be the worst in history. It will be a collapse “of epic proportions.” Revelation 15:11-19″ “And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore:  merchandise of gold and silver, precious stones and [...]

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from Reuters: The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. The document from the Vatican’s Justice and Peace department should please the “Occupy Wall Street” demonstrators and similar [...]

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from The Daily Telegraph: Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy   Committee to put £75billion of newly created money into the economy in a   desperate effort to stave off a new credit crisis and a UK recession. Economists said the Bank’s decision to resume its quantitative easing [QE], or   [...]

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from The Business Insider: In an interview on the BBC (via ZeroHedge), IMF advisor Robert Shapiro said some incredibly alarmist things. He tells broadcasters that if eurozone leaders don’t address the crisis properly we will see a meltdown as soon as later this month. In his words: “If they can not address [the financial crisis] [...]

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This is HUGE!  If the international Bond market stops buying U.S. government debt then the U.S. is in serious trouble!  Even now the U.S. Federal Reserve Bank a quasi-private institution is purchasing more U.S. Debt than anyone else, even the Chinese, because there are no longer enough buyers in the international bond market. And this [...]

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alslo see this: WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices from The Daily Telegraph: Those exhorting OPEC to boost output should be careful what they wish for. The cartel card can be played once only, and it risks exposing the fragility of the global energy system if the [...]

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from Sky News: A senior economist at the worldwide bank HSBC has warned of civil unrest in Britain if food prices continue to soar. Speaking on Jeff Randall Live, senior global economist Karen Ward cautioned that the UK could experience the kind of food riots seen in other countries. “Even in the developed world I [...]

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