An important reversal of focus, expectation, and direction has taken place in Europe. Put aside the sovereign debt mess that will not go away. It will not be fixed, despite all the effort and talk and deal making. They must prepare for a string of bank failures and a Greek default. Every solution executed or proposed or pending involves the same lunatic device of creating more debt or more money to solve a problem caused by too much credit creation and unchecked monetary creation
Comment by Adamantine:
I am posting this information because I would wish to be told it by a friend had I not seen it myself.
1) I am not a financial wizard or adviser.
I am reporting what I think. I was raised around people who studied the markets and gold reaching back for 60 years.
2) I am not a ” biblical prophet” with a proven track record giving God’s word for the world.
I am being honest in reporting what I ponder. I have asked God for His help and do not yet know for sure if He gave it. I have never lived a life before and while I have studied the Bible I am unsure how and when Joseph and Daniel first found that God would allow them to speak to things of the future. All I can say in my defense is I tried.
3) I am an expert on the end time theories of the Bible as presented by writers of the last few hundred years who have expected to see a rise of the Roman Empire and a Return of Israel to the land.
I also am an expert on the theories of Herb Peters who pondered events combining to set us on a path for acceleration of the Roman Empire and Israel theories
4) I am an expert on world affairs as they currently relate to the interlocking emergence of global governance. Those involved in the actual process of bringing about that global governance are so far ahead of me or you or anyone else in understanding the emerging new world order that we should all shudder.
5) HENCE I AM AN EXPERT ON SOME THINGS THE WORLD AT LARGE CONSIDERS FOOLISHNESS.
I bring you today’s post only because it is what I do think is happening in the economic big picture.
I do not ask for your money,trust,love, promotion.
I will accept your prayers.
Hence Caveat Emptor (Buyer Beware)
I make several recommendations :
Become a Christian,get out of sin, get out of debt,and take care to provide for a possible difficult time in the world ahead. Only you know how much you should spend, give away,store.