Prophecy Sign: The one world government, (or a global governance system)
It's been one of the favorite topics for the conspiracy theory crowd for many years; That of the big banks controlling and running the world. Well it's becoming less of a conspiracy and more of a fact. A University inZurich Switzerland conducted a study which proved that a very small group of companies basically runs the economy of the world, (our note: and by proxy, most world governments). The study goes on to point out that when another economic crisis ensues, (perhaps like right now), this tightly held cadre of multinationals will come crashing down altogether. Funny, that's exactly what bible prophecy says will happen to the global economy in the very near future:
From the article:
It's been one of the favorite topics for the conspiracy theory crowd for many years; That of the big banks controlling and running the world. Well it's becoming less of a conspiracy and more of a fact. A University in
The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore— cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and human beings sold as slaves. Revelation 18:11-13 NIV
From the article:
A University of Zurich study 'proves' that a small group of companies - mainly banks - wields huge power over the global economy. The study is the first to look at all 43,060 transnational corporations and the web of ownership between them - and created a 'map' of 1,318 companies at the heart of the global economy.
The study found that 147 companies formed a 'super entity' within this, controlling 40 per cent of its wealth. All own part or all of one another. Most are banks - the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse. 'In effect, less than one per cent of the companies were able to control 40 per cent of the entire network,' says James Glattfelder, a complex systems theorist at the Swiss Federal Institute in Zurich , who co-wrote the research, to be published in the journal PLoS One.
Does one 'super-corporation' run the global economy?
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