World Facing worst financial crisis in history ?

Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession.

Comment by Adamantine:

George Soros, Warren Buffet, Robert Shapiro of the IMF and now Sir Mervyn King of the Bank of England have all said the same thing in the last week.

Global depression,global bank freeze and worst financial crisis in history are their terms. Is this true or an exaggeration ? This scenario would fit the pattern of several prophecy fiction books, interesting.


5 thoughts on “World Facing worst financial crisis in history ?

  1. They are currently downgrading a heap of banks around the world.. Moody’s downgraded 12 banks in the UK yesterday.


  2. say Lafreak, i was thinking about preparing for whats to come, like we were speaking about a day or two ago,.. and deep inside i get from the Lord, the idea of being prepared Spiritually with the FAITH, far more than any other way,…ie. food clothes money, etc///Seek ye first the Kingdom of Heaven and all else shall be added unto you. and Worry not about what you will eat or wear,..remember the lillies and the birds under the Lords care…and Yahweh did rain down manna from heaven in the past, as you know. I mean He could nourish us thru making our bodies photosynthesize!, if He should choose to do so. Lets go a step farther,…He could have us able to photosynthesize IN THE DARK, by just inwardly relying upon him w/ childlike faith, depending on Him, our Father., and His Sun/Son, sweet Jesus./////God be with us all Lafreak, as we go about working as the spirit of Truth dictates in our lives. We will Trust, move forward in Love, and very assuredly Know that we are in the palm of His Loving Hand. For lo, I AM with you ALWAYS, even to the end of the age. You are right, time is running out and we haven’t got much time to prepare,…. and yet, thru FAITH, we are oh so prepared, even unto death, thru Christ in this mysterious relationship that even transcends time. Blessings


  3. Things are not looking good the world over for sure. Here in America the Occupy wallstreet, and blaming all the corporations for the problems, is not looking good. And for sure is not the truth. We keep looking for Jesus to finish up the mess that man has made and HE will.


  4. sad thing in america is the leaders are inciting class warfare teaching coveting sharing the wealth etc etc all leading to revoltion and communism


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