Prophecy Sign: The collapse of global markets and the world economy
At this very moment, investors all over the world are moving their investments out of the markets and into a variety of currencies, (eg. US,Australia and Canadian dollars), or Gold/Silver. This is going to sink not only the Euro, but other world currencies as well, (see article below re: India Rupee).
The crash of the EuroZone will not only just effectEurope but will spread across global markets. The economy of the world will dive into uncharted territories, (far worse than the Great Depression). This crash and burn of the global markets and world economy will set the stage for the Antichrist and his 10 cohorts to implement a brand new financial system. A system which will lead to the "Mark of the Beast" which will identify those who will be permitted to buy and sell, (Revelation 13).
At this very moment, investors all over the world are moving their investments out of the markets and into a variety of currencies, (eg. US,
The crash of the EuroZone will not only just effect
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:
India's rupee, Asia's worst performing currency this year, could be bound for “uncharted waters,” analysts say, as fears about eurozone debt and a slowing economy pump demand for the U.S. dollar. The rupee slipped to 51.20 per U.S. dollar Friday — a 32-month low — with no sign that it has bottomed out.
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The eurozone debt crisis is stoking growing fears of spillover in the small and vulnerable economies of the Balkans, with stricken Italy and Greece close neighbours and major trade partners. A World Bank report this week warned that the debt crisis, with its epicentre in Greece , could see economic links under threat, with trade, direct investment, bank lending and foreign remittances all at risk.
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Financial contagion from Europe is pushing global economies towards the brink, and the risks of slipping into worldwide recession are rising significantly. China 's exports have plunged to half their year-ago levels. Factory orders in Germany , Europe's economic powerhouse, are slumping as China weakens. Australia and Indonesia have cut interest rates to ward off damage from Europe, while Japan , Britain and Brazil have slashed their growth forecasts.
Wall Street Analysts Everywhere Are In Agreement: THE WORLD IS ENDING
Eurozone debt, weak economy push Indian rupee into 'uncharted waters'
Eurozone debt crisis unnerves Balkan states
Risks of global recession mount
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