UBS advice for a euro collapse: ‘tinned goods, small calibre weapons’

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UBS advice for a euro collapse: ‘tinned goods, small calibre weapons’

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


We continue to warn of the coming global economic collapse that is being set up by design in order to bring in the economic system of the Antichrist.

While God has promised to supply all of our needs, (Philippians 4:19), we believe it is still incumbent upon each of us to prepare for any eventuality that may be just around the corner. If in the next months, a major middle-east war should break out, and the economy collapses at the same time, the life as you presently know it will change radically. Now is the time to ensure you have enough food and supplies on hand to last several weeks, as well a financial plan that will enable you to meet your obligations in the event you are without work. Plan now....don't delay!!

From the articles:
As if there isn’t already enough eurozone doom and gloom floating around these days.  A note from UBS economist Larry Hatheway on Wednesday spells out why he and his colleagues at the bank believe a eurozone collapse would result in an “end of the world” scenario. It makes for some grim reading.  Back in September, Mr. Hatheway and colleagues Paul Donovan and Stephane Deo released a report that predicted a disastrous outcome if even one nation left the eurozone.
The economists envisioned a 20% loss in gross domestic product for creditor countries (e.g. Germany) in a break up, and a 40% loss for debtor countries (e.g. Greece).  But Mr. Hatheway now says it could be much worse. “On reflection this author, at least, feels the estimates are probably conservative — the true costs could well be higher,” he said. “That’s because once Europe (and the world economy) finds itself in depression, policy probably couldn’t arrest the decline. Broken financial systems and ruined economies are the stuff of prolonged deflation or worse.” 
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Economic powerhouse Germanyplayed down hopes Wednesday that a crucial debt summit will save the euro as French President Nicolas Sarkozy warned the risk of a eurozone "explosion" was very real. Piling the pressure on EU leaders due to meet in Brussels from Thursday, Standard and Poor's put a number of large European banks on review and placed the European Union on watch for a downgrade of its AAA credit rating.


UBS advice for a euro collapse: ‘tinned goods, small calibre weapons’
Germany dampens hopes as France warns of euro 'explosion'



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