Angela Merkel, the German chancellor, said “An effort by the international community to stabilize the situation in Greece has not worked.” She cast doubt for the first time on Europe’s chances of saving Greece from financial meltdown and sovereign default.
The multi-billion euro bailout has brought the single currency to the brink of unraveling which proves you cannot just throw money at a problem and expect the woes to go away.
Financial markets and political leaders have been working toward a new world order and a one world economy for many years. A single currency reaching across international borders has been their dream plan. That dream plan has turned into a night-mare for Greece as well the rest of the European Union and is affecting the whole world adversely.
Political and economic turmoil is forcing Europe’s elite rulers to admit that their particular plan for a single world currency is not possible for the time being. There are several reasons for this failure. One reason is there will not be a world currency in the end times, but a computer implanted mark for buying and selling. The World Bank might be working on such a plan now. It will more than likely be a system of debits and credits with automatic deposit and the scanning of an implanted bar-code at point of purchase with an international prefix code of 666. Simply put, you will not be able to buy or sell without the “mark.” There will be no currency to exchange and free trade will be frowned upon by government agencies.
Another reason the E.U. will ultimately not be able to keep their single currency idea of reaching across international borders, is the world monetary system will have to collapse before this new system will be accepted. We do see this happening across our globe.
The world is not suffering a Euro-zone problem, it is a World-zone problem and the problems will not be solved until that fact is realized. The only thing holding up our monetary system is our babble. When people lose faith in the present system, it will all collapse. Then the one-world leader will step in supposedly with all the solutions for a dying world.
George Osborne from the U.K. warned that Greece dropping out of the Euro will damage economies across Europe.
Uncertainty and political babble will bring even more damage and will have a real serious impact on world growth. Portugal, Spain, and Italy are being dragged into the slipstream of a Greek exit from the Euro. Markets are bracing for figures that will prove the Euro-zone is officially in a double dip recession and recent events will intensify that slump. All these adjectives are just more babble to say in layman’s terms, “Hey, we’re broke.”
Jean-Claude Juncker, the Luxembourg prime minister, suggested that Greece’s debt reduction, payment due dates “should be relaxed.” The Germans made clear that no such loosening could be permitted.
Central bankers across the euro-zone are leaning towards accepting the inevitable of Greece returning to their own “drachma” currency. Dutch finance minister, Jan Kees de Jager, was not real concerned, while others around the globe predicted “catastrophe and great tribulation.”
“He causes all, both small and great, rich and poor, free and slave to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.” Revelation 13:16-17