EU super-watchdog warns economic crisis 'far from over'

Prophecy Sign:  A global economic collapse leading to the new economic world order of the Antichrist

While the mainstream media continues to tell you that all is well with the global economy, those that truly study what is happening know better, (eg. Gerald Celente).  Between the debt crisis which still continues to haunt the European Union, and the American policy of monetizing its huge debt by printing truckloads of  "virtual money", (devaluing its dollar- resulting in inflation), the global economy could come crashing down at any time.  All it would take is a significant global event such as a Middle-East war, the collapse of the Saudi regime, (causing oil prices to skyrocket), or perhaps the rapture of the Church. 

Whatever the trigger event is, the economy of the world will collapse.  It's what's known as Mutually Assured Economic Destruction.  The world being so tied together that when one domino falls, all the rest will come with it.  This collapse of the world economy will allow for the entrance onto the scene of the Antichrist with his grandiose plans to re-invent the world economy.  The economic/financial world order of the Tribulation period. 

 

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

The ten horns you saw are ten kings who have not yet received a kingdom, but who for one hour will receive authority as kings along with the beast. They have one purpose and will give their power and authority to the beast. Revelation 17:12-13 NIV

From the articles:

The EU's economic super-watchdog has warned that "many risks" remain to the stability of the EU's financial system and that the global crisis will last for many more years to come.  The two deputy chairs of the new European Systemic Risk Board - the bloc's new Frankfurt-based supervisor of supervisors tasked with oversight of the financial system within the Union - gave a frank assessment of the state of capitalism in Europe in their first hearing before the European Parliament's economics committee. "There are still many risks to the recovery of the European economy," said Mervyn King, the ESRB's first vice-chair and head of the Bank of England.
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So the Fed will keep on "printing" virtual money – at least for now. America's base money supply – the bedrock of the world's reserve currency – has doubled in little more than two years. Despite consternation among many US voters, and dismay – rapidly turning to anger – across the world, most of America's political elite refuse even to debate QE. Such is the state of democracy in the "land of the free and the home of the brave". And America is not alone.

EU super-watchdog warns economic crisis 'far from over'

http://euobserver.com/9/32251

America's reckless money-printing could put the world back into crisis

http://www.telegraph.co.uk/finance/comment/liamhalligan/8484530/Americas-reckless-money-printing-could-put-the-world-back-into-crisis.html