Portugal's prime minister says his debt-stressed country will request a long-expected bailout

Prophecy Sign:  Economic Collapse, leading to a brand new Global Economic World Order.

Now listen, you rich people, weep and wail because of the misery that is coming on you.  Your wealth has rotted, and moths have eaten your clothes. Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. You have hoarded wealth in the last days. James 5:1-3 NIV

From the news articles:

Portugal became the third debt-stressed European country to need a bailout as the prime minister announced Wednesday his country will request international assistance to ease its rapidly worsening financial crisis. "I want to inform the Portuguese that the government decided today to ask ... for financial help, to ensure financing for our country, for our financial system and for our economy," Prime Minister Jose Socrates said in a televised evening address to the nation. Portugal has followed Greece and Ireland, other financially troubled eurozone countries, in asking for aid from Europe's bailout reserve and the International Monetary Fund.
_______________________________________

Investors are facing two possible U.S. government shutdown scenarios, one of limited impact on markets, and another so potentially devastating that analysts are struggling to fully assess it. Neither is sure to occur, but the limited-impact version seemed distinctly possible Wednesday as Democrats and Republicans argued over the federal budget. It would involve the expiration at midnight on Friday of a stop-gap spending measure known as a continuing resolution, or CR.

The nightmare shutdown scenario, still a few weeks away, would involve Congress failing to raise the national debt ceiling and possibly an unprecedented government debt default.

Portugal's prime minister says his debt-stressed country will request a long-expected bailout

http://ca.news.yahoo.com/portugal-raises-1-4-billion-t-bills-debt-20110406-034821-706.html

U.S. shutdown could trigger meltdown

http://www.financialpost.com/news/economy/shutdown+could+trigger+meltdown/4569119/story.html