EU warns Greece rejecting austerity means default. EU has no plan B ? (Or does it ?)

http://www.reuters.com/article/2011/06/28/eurozone-idUSL6E7HS1GR20110628

A) “To those who speculate about other options, let me say this clearly: there is no Plan B to avoid default,”  said Rehn (the EU’s top economic official )

B)

In Berlin, visiting Chinese Prime Minister Wen Jiabao said Beijing had faith in the European economy and the euro and was optimistic that Europe could overcome its temporary challenge.

http://www.bloomberg.com/news/2011-06-27/exit-plan-for-eu-probably-inevitable-soros.html

Because the “survival of the EU is of vital interest to us all,” there’s a need for a “Plan B,”  ( George Soros said ) { some believe George Soros is the consummate one world order guru }

You need a Plan B and there’s no Plan B at the moment,” Soros said. Instead, “authorities are sticking to the status quo” and not “recognizing that there are fundamental flaws that need to be corrected,” he said.

Comment by Adamantine:

There are people who believe one should never let a crisis go to waste.

Is plan B actually the crisis demand for unification and one leader? Is plan B the rise of the Antichrist ?

The comments by China suggest that whatever is coming China and the rest of the world will for a time be on board for attempts to put the worlds economy back on track. The current Geopolitical prophetic theory suggests that it will require ultimate control on the individual level with monitoring buying and selling. The theory suggests the attempts to work this out will be undermined by the religious in-sensitivities of the middle east.  Add the oil of the middle east as a confounding factor and war in the middle east may play a part. The world converges on the middle east but peace only comes when Christ joins the conflagration.

Greece's problems have made investors nervous, which has made it more expensive for other European countries such as Portugal to borrow money.

Eurozone ministers are worried that if Greece were to default it would make it even more difficult for other countries such as Portugal and the Irish Republic to borrow money.

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