'We Are In DEFCON 3, Two Stages Away From A Financial Collapse

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'We Are In DEFCON 3, Two Stages Away From A Financial Collapse

Prophecy Sign:  The collapse of world markets and the global economy


The collapse of the global economy is fast approaching. This crash will be unlike anything every seen before, (far worse than the Great Depression). This crash will then allow for the creation of a new global economic world order which will be headed by the Antichrist and administered by his 10 economic zone rulers, (the 10 Kingdoms of Revelation 17 and Daniel 7).

(Watch the videos below. A very animated but understandable explanation of the mess that is called the EuroZone and what it means for the global economy)


For he has oppressed the poor and left them destitute; he has seized houses he did not build. “Surely he will have no respite from his craving; he cannot save himself by his treasure. Nothing is left for him to devour; his prosperity will not endure. In the midst of his plenty, distress will overtake him; the full force of misery will come upon him. Job 20:19-22 NIV


From the articles:
The collapse of the euro could send the world's advanced economies into a severe recession, dragging emerging markets with them into the mire, the Organisation for Economic Co-operation and Development warned on Monday. The Paris-based thinktank slashed its forecast for growth among its 34 members from 2.3% half a year ago to 1.6%, with Europe dramatically downgraded from 2% to just 0.2% because of the unresolved sovereign debt crisis.
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Bank of Japan governor Masaaki Shirakawa warned Monday that the country would continue to face a “severe situation” as Europe’s debt crisis and a strong yen weigh on its post-quake economic recovery.Japan’s economy is likely to continue to face a severe situation for the time being, especially with respect to exports,” he said in a speech to business leaders in the central city of Nagoya.
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The outlook then continues by revealing a possible result of any eurozone exit is "wealth destruction" and "deep depression". "If everything came to a head, with governments and banking systems under extreme pressure in some or all of the vulnerable countries, the political fall-out would be dramatic and pressures for euro area exit could be intense. "The establishment and likely large exchange rate changes of the new national currencies could imply large losses for debt and asset holders, including banks that could become insolvent.  The City was hit hard as effects of the great depression spread in the early 1930s. "Such turbulence in Europe, with the massive wealth destruction, bankruptcies and a collapse in confidence in European integration and cooperation, would most likely result in a deep depression in both the exiting and remaining euro area countries as well as in the world economy.

'We Are In DEFCON 3, Two Stages Away From A Financial Collapse
http://www.businessinsider.com/cramer-we-are-in-defcon-3-two-stages-away-from-a-financial-collapse-so-huge-its-hard-to-get-your-mind-around-2011-11

OECD: euro collapse would have 'highly devastating outcomes' worldwide
http://www.guardian.co.uk/business/2011/nov/28/oecd-eurozone-world-economy-warning

Japaneconomy faces 'severe situation,' warns BOJ chief
http://www.japantoday.com/category/business/view/japan-economy-faces-severe-situation-warns-boj-chief

Eurozone Exits 'May Spark Global Depression'
http://news.sky.com/home/business/article/16119489




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