Prophecy Sign: The collapse of the global economy
The world economy is fast approaching a major collapse. It's not if, but when this will happen. (The following article about the sovereign debt crisis is quite informative).
Prophecy warns that collapse is coming. Ezekiel 7, James 5 and Revelation 18 give a clear picture of a coming time when what we consider of value today will become worthless in a world where the economy has been turned upside down
Prophecy warns that collapse is coming. Ezekiel 7, James 5 and Revelation 18 give a clear picture of a coming time when what we consider of value today will become worthless in a world where the economy has been turned upside down
They will throw their silver into the streets, and their gold will be treated as a thing unclean. Their silver and gold will not be able to deliver them in the day of the LORD’s wrath. Ezekiel 7:19 NIV
From the articles:
In the past, there certainly have been governments that have gotten into trouble with debt, but what we are experiencing now is the first truly global sovereign debt crisis. There has never been a time in recorded history when virtually all of the governments of the world were drowning in debt all at the same time. This sovereign debt crisis is never going to end until there is a major global financial collapse.
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Weakening economic conditions will come together in 2013 and create a "perfect storm" of global weakness, economist Nouriel Roubini told CNBC. "I see every economy in the world trying to push their problems to the future," he said. "We start with private debt, public debt, supra-national debt—we're kicking the can down the road and eventually this is going to come to a head in 2013."
The Sovereign Debt Crisis Is Never Going To End Until There Is A Major Global Financial Collapse'Perfect Storm' Coming for Global Economy in 2013: Roubini
Could
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