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.  

Commentary

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

Mohamed Morsi wants to destroy Israel and take Jerusalem.

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.”

Barak says Israel can only rely on itself to face the ultimate challenge 09/26/12

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.

Financial Armageddon

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.”

Violent protests in Madrid and growing talk of secession in Catalonia 09/27/12

“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.”

Unemployment in France surpasses three million 09/27/12

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.