Posts tagged Spain and Italy economy
Verse of the Day
Zechariah12:6 In that day will I make the governors of Judah like an hearth of fire among the wood, and like a torch of fire in a sheaf; and they shall devour all the people round about, on the right hand and on the left: and Jerusalem shall be inhabited again in her own place, even in Jerusalem.
I am still traveling and speaking, so it is difficult to update the blog. I did find time today to do it. This is my last day on this trip, so I can get back to the blog on a regular basis. The blog takes a lot of time as I cover a an enormous amount of material everyday.
I have not posted on the economy in the long time. The death of the European economy is a slow process, so I left it alone for a while. Now, Greece and Spain are starting to unravel with social unrest. The cuts in the economy are taking its toll, and the people are striking out. There is nothing that can be done because their economies are dead. Massive social unrest is coming to Europe. They have made the government god and now it is all collapsing around them.
This unrest is coming to America. It will jump the Atlantic and hit America. Watch for the reprobate cities to burn with this social chaos. These cities have mocked God and promoted sodomy and abortion. It is easy to see the major cities in America burning from the rioters.
There is very little time left before the trouble begins. Once it begins, it is going to lead directly to the rule of the antichrist.
Stay focused on the Lord Jesus Christ as He is the only stability that we have in this world under judgment.
May the LORD God of Israel bless and protect you.
1Thessalonians 1:10 And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.
Israel and the Middle East War
Morsi to UN: End Israeli occupation 09/26/12 Morsi immediately went after Jerusalem! He is Muslim Brotherhood and cannot stand that Israel is in control of Jerusalem. His goal is to create an Islamic caliphate with Jerusalem as the capital. In his speech before the United Nations, he is making it very clear that Egypt is going to focus on Israel and Jerusalem. He did not waste time to focus on Jerusalem as it was elected only three months ago. There is no doubt that he is going to lead Egypt in a war against Israel. He wants Jerusalem. According to Ezekiel 29-31, Egypt does not survive this coming war and is totally destroyed.
“Egyptian President Mohammed Morsi on Wednesday urged the international community to work immediately toward the establishment of an independent Palestinian state within “all the occupied territories.” In a belligerent debut speech before the UN General Assembly, Egypt’s first democratically-elected president called for immediate progress that would “put an end to the colonialism and the settlements and change the identity of occupied Jerusalem.”
Syria Islamists: ‘next stop Israel’ 09/27/12
“What began in Syria as a limited but genuine people’s uprising against a dictatorship has become contaminated with Saudi-funded foreign mujahideen who are driven, among other things, by an intense hostility toward non-Muslims – and an implacable hatred of Jews and Israel. In Al Midan, a suburb in southern Damascus, Mateen, a fighter who claimed to have travelled from Afghanistan, shared his ideas for a post-Assad Syria: “We have to a build a society of respect and brotherhood in accordance with the Prophet’s commandments,” he said in Urdu. “We will treat non-Muslims kindly, but we have a big fight against the Jews ahead of us. We will take that up, God willing.”
Iranian officers reshape Assad’s Shabbiha militia into a second al-Qods 09/26/12 Syria is turning out to be a major battle in the Islamic world. Iran is pouring thousands of soldiers into Syrian and they are poised to attack Israel should war breakout. The situation in Syria is getting more dangerous by the day. If Iran becomes too powerful in Syria, this could cause Israel to attack Iran. Israel cannot allow a powerful Iranian army on its border.
“Revolutionary Guards Corps (IRGC) has leapt into the Syrian battle arena, undertaking the task of transforming the Alawite Shabbiha militia, which has carried the brunt of Bashar Assad’s brutal suppression of the Syrian opposition for 18 months, into a new corps, retrained and reorganized on the model of the elite Al Qods Brigade.”
Ahmadinejad says new world order needed to get away from US dominance in interview 09/26/12 He is talking about the coming of the Mahdi to rule the world. This is his new world order.
Iran pushes ahead in building nuclear reactor 09/27/12 As I often said, that Iran is not going to be stopped until they are stopped with force.
China Threatens to Pull Pin on Global Economic Hand Grenade 09/26/12 This is the power that China now has. It can do the same to the US. There is now NO way to stop China from being the dominant Asian power. Japan must cave to China as it has no way to defend itself from the economic power of China. Notice how this is coinciding with the coming war in the Middle East. China sees the war coming and is now positioning itself to move at the right time. North Korea will also move at the same time to overwhelm America. Asia is doomed as there is no nation that can stand against China.
A senior adviser to the Chinese government has called for an economic attack on Japan’s bond market to crash the yen and drive the country into submission, reported the Telegraph on September 18. The threat comes as Japan and China vie over ownership of the Senkaku group of islands located between the two nations.
Jin Baisong, who holds a position at a branch of China’s Commerce Ministry, noted that China has become Japan’s most important creditor. China should use its $230 billion of Japanese bonds “in the most effective manner” and ignite a budgetary debt bomb in its eastern neighbor, he said.
He also indicated that China should starve Japan of rare earth elements. China supplies around 95 percent of the world’s rare earth metals, which are used in many hi-tech applications including military machinery. “It’s clear that China can deal a heavy blow to the Japanese economy without hurting itself too much,” he said.
Day of rage in Greece as more stringent cuts loom 09/27/12 This is coming to all of Europe and will jump over to America. The Hard Left Fascists are just waiting for the right time to riot in America.
“Police fired stun grenades and tear gas at protesters yesterday as tens of thousands poured into the streets of Athens as part of a nationwide strike to challenge a new round of austerity measures that are expected to cut wages, pensions and healthcare once again.”
“Figures released on Tuesday suggested Spain will miss its public deficit target of 6.3 percent of gross domestic product this year, and on Wednesday the central bank said the economy continued to contract sharply in the third quarter.
On Friday, Moody’s will publish its latest review of Spain’s credit rating, possibly downgrading the country’s debt to junk status. On the same day, an independent audit of Spain’s banks will reveal how much money Madrid will need from a 100 billion euro ($130 billion) aid package that Europe has already approved for the banks.”
Honeymoon Over as Markets Brace for Volatile Times 09/25/12 Tremendous bloodletting is coming to the world stock markets. The weight of debt on nations and individuals will begin to crush the markets. The end is now very near. Notice how the collapse of the European economy and the war in the Middle East are coinciding. When this breaks loose it is going to crush people from every angle. Fear is going to grip multitudes as there is no escaping what is coming. The world is about to head into total chaos with no way out.
Postal Service Prepares for Second Default in Two Months 09/26/12 Everything is failing on all levels.
Boomerang: Over 20 Million Adults Now Living With Their Parents; Massive Increase Since 2007 09/26/12 This show how massive the collapse is amongst the young.
Revelation 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord Jesus.
Verse of the Day
Ephesians 6:13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand. (14) Stand therefore, having your loins girt about with truth, and having on the breastplate of righteousness;
Chaplain Alliance Asks Congress to Investigate Removal of Military Bibles 06/13/12 This is all part of removing every vestige of God out of America and the American military. The church did not care and stand, so now the military is being turned over, step-by-step, to the Hard Left reprobates. The nation is being torn down block by block right in front of our eyes, I really do not think the vast majority of Christians care. This is so difficult for me to accept. In the end, the Hard Left is going to try and destroy anyone who does not follow their agenda. This could have been stopped at anytime, if the church rose up in the name of Jesus and stood, but for some reason it has failed to stand going back to 1963 with the removing of prayer and Bible reading from schools.
“From General George Washington until today, military personnel have taken counsel, received comfort, and been encouraged by biblical texts,” said Col. Ron Crews, executive director for the Chaplain Alliance. “These Bibles cost the Department of Defense nothing, and their presence is legally legitimate; therefore, no reason exists for the DoD to retreat in the face of the small anti-religious group that demanded removal of the Bibles.”
A Tale of Two American Martyrs 06/12/12 This article is about two Americans who were killed by Muslims for their faith in the Lord Jesus Christ. The media downplayed the fact they were killed for their faith. This fits the pattern of the church in America not caring or standing for ANYTHING. The Lord Jesus gets the glory when His people stand and call on His name.
“Consider, however, the following two stories which deal with, not indigenous Christians—that is, not members of the native framework with its complex socio-political factors—but American Christians; not Zionist spies, but teachers—who were, nonetheless, killed by Muslims last March, for sharing their faith with Muslims.”
May the Holy God of Israel bless and protect you.
Malachi 3:16 Then they that feared the LORD spake often one to another: and the LORD hearkened, and heard it, and a book of remembrance was written before him for them that feared the LORD, and that thought upon his name. (17) And they shall be mine, saith the LORD of hosts, in that day when I make up my jewels; and I will spare them, as a man spareth his own son that serveth him.
Israel and the Middle East War
It is still hard to determine what is happening in Egypt. The military took over and then said it is going to allow the Muslim Brotherhood candidate Muhammad Morsy come to power, but he will have no authority over the army! This has all the ingredients for a massive civil war and tremendous bloodshed. This needs to be watched day by day.
I watched a news report which stated that Morsy promised to be “nice” and not follow the hardline Muslim Brotherhood. What a joke. I posted the video with Morsy at a rally calling for an Islamic caliphate with Jerusalem as its capital. The rally also called for the killing of the Jews!
More war preparations for Israel 06/18/12
Once again, Europe avoids a catastrophic meltdown. The Greeks elected not to leave the Euro but agreed to the austerity plan. Greece is now heading into an endless depression. The economy is contracting which increases the debt and this will create the need for more austerity. The Communists will be ready for revolution. Italy and Spain are now in the same boat as Greece with other nations falling in line. I will report the events as they develop.
21 Signs That This Could Be A Long, Hot, Crazy Summer For The Global Financial System 06/17/12 This is a real good overview of where the world economy is heading,
Greece Races to Form Coalition as Cash Dwindles Amid EU Demands 06/18/12 Mid-July will be the next critical time for Greece as the country runs out of money.
Treasurers Face $46 Trillion Financing Cliff 06/08/12 This is what the US faces during the next four years. The debt bomb is enormous and pulling down the economy.
“A measure of the scale of the refinancing problem is revealed in a recent report by Standard & Poor’s Ratings Services. S&P suggests there is as much as a $46 trillion “credit overhang” — the amount of money corporates will need to raise between 2012 and 2016 to refinance their soon-to-mature debts and to fund capital expenditure and working capital growth.”
Recession Has Already Begun, Analyst Says 06/12/12 The economy is now heading in full decline during Gay Pride Month! If it follows the 1929 pattern, it is heading into a full-blown depression.
“By our analysis, the U.S. economy is presently entering a recession. Not next year; not later this year; but now,” … Hussman believes that more evidence that the economy has entered a recession will be forthcoming in the next few months, “but through a constant process of denial in which every deterioration is dismissed as transitory, and every positive outlier is celebrated as a resumption of growth.”
Ex-Soros Adviser Fujimaki Says Japan May Default by 2017 06/15/12 The entire world economic system is failing. There is no way to stop it.
June Homosexual Month
Obama Celebrates Anti-Police Riot Started at Mafia-Owned Bar for Transvestites 06/16/12 I remember watching these events on the news back in 1969, This event is attributed as starting the homosexual movement. This article lays out the facts of what happened, and Obama celebrates this event! Like everything else connected with the Hard Left it is based on lies.
Illinois Officials Shy Away From Defending State’s Ban on Same-Sex Marriage 06/15/12 Few politicians have the courage against the homosexual agenda. God has turned America over to the homosexuals and the Hard Left. The only way to stop this is by the church crying out to God in repentance and an outcrying for His Holy Spirit.