The ticking time bomb in Europe's latest economic stimulus

 Bible prophecy, End Times, EU, GLOBAL ECONOMY, New World Order  Comments Off on The ticking time bomb in Europe’s latest economic stimulus
Sep 082016
 

FRANKFURT AM MAIN, GERMANY - JUNE 05: (EDITORS NOTE: Image has been converted to black and white.) Mario Draghi, president of the European Central Bank (ECB), speaks during a news conference at the bank's headquarters on June 5, 2014 in Frankfurt am Main, Germany. (Photo by Thomas Lohnes/Getty Images)

Fortune: “The European Central Bank has pointed its economic bazooka in the wrong direction.

The ECB announced a series of economic stimulus measures on Thursday designed to induce banks to put more of their cash to work. But policies intended to “force” banks to lend rarely, if ever, work, especially if those banks are barely solvent. Europe needs to get real about its so-called “zombie bank” problem and take the hits needed to unclog its lending machine. Throwing more grease on the problem won’t loosen up the gears — it’s probably more likely to start a grease fire.

Mario Draghi, the head of the ECB, famously promised two years ago that he’d do “whatever it takes” to save the euro.”

Opinion: Mario the Keynesian dragon Draghi is ready to print money till the ink runs dry. Keynesian economists only know stimulus. They do not comprehend letting poorly run businesses go bankrupt so that they can emerge under new management and a lean business plan that might actually work.

Printing your way out of financial stagnation has not produced growth in either the US or the EU but that has little or no bearing folks running the central banks.

Negative interest rates, or paying the bank to hold your money, is the latest scheme to discourage saving and force spending to show growth in the economy.

It won’t work either. The economies of the EU and the US have a date with Bible prophecy. Revelation 6:5-6 sums it up with a sudden collapse of currency leading to hyperinflation.

That, you can take to the bank.

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 Posted by at 12:17 PM

Israel begins work on NIS 2 billion underground Gaza barrier

 Antichrist, Bible prophecy, End Times, EU, Hamas, Jerusalem, New World Order, UN  Comments Off on Israel begins work on NIS 2 billion underground Gaza barrier
Sep 082016
 

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The Times of Israel: “Israel recently broke ground on a new subterranean barrier along the length of its border with the Gaza Strip, aimed at stopping Palestinian terror groups from tunneling into the country and carrying out attacks.

The Defense Ministry in July approved the NIS 2 billion ($530 million) project that would see a concrete wall — both below and above ground — built along the entire the 60 kilometer (about 37 miles) border between Israel and the Gaza Strip.

Construction on the barrier wall began at the Sha’ar Hanegev Regional Council, to protect a cluster of Israeli towns bordering the northern Gaza Strip from cross-border attacks, the Ynet news website reported.”

Opinion: It is entirely possible that on October 8, Hamas could win the West Bank municipal elections – pushing their borders right up to Jerusalem.

What other sovereign nation is so besieged by terrorism that it has to spend $2 billion on a subterranean wall to prevent its neighbors from tunneling in to kill citizens for the crime of being Jewish and living in their own country?

The UN says nothing, the US says nothing, and the EU wants to boycott Israel’s products.

The nations that continue to support Hamas and remain quiet are as guilty as the terror group, Genesis 12:3.

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Sep 052016
 

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Express UK: “The closely watched Markit/ CIPS UK Manufacturing purchasing managers’ index (PMI) has dealt a humiliating blow to the Remain campaign’s Project Fear predictions, hitting 53.3 for August, up from 48.2 in July and well above economists’ expectations of 49.

The increase is the highest month on month rise in the PMI’s 25 year history.

In contrast, disastrous eurozone manufacturing figures appear to underline that Britain is releasing itself from the EU’s economic deadweight.”

Opinion: Get rid of the heavy hand of government, complete with tens of thousands of onerous business-killing regulations and outrageous taxes, and a wonderful thing happens – businesses thrive.

Yes, Virginia, it’s that simple.

The EU wanted to regulate every aspect of life, including outlawing high-energy kitchen appliances, cell phones, hairdryers, etc., angering UK residents. But the last straw came when the heavy hand of government mandated regulating teapots which was more than any Brit could bear.

But with all the good news on private enterprise manufacturing, there are significant problems exiting the clutches of the EU, as Business Insider reported in July:

“The more time goes by, the more plausible it becomes that the UK may never actually leave the European Union.

Leaving the EU is so difficult, and the consequences are so economically damaging, that it may be easier for prime minister Theresa May’s government to endlessly delay the process rather than to actually leave.”

Global government, Daniel’s 4th beast  (Dan. 7:23) is under construction, with or without the UK, and with or without the will of the people.

(Thanks to Vason for sending this in)

 

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EU: ‘Serious concern’ over new settlement construction

 Bible prophecy, EU, Israel  Comments Off on EU: ‘Serious concern’ over new settlement construction
Sep 032016
 
EU: ‘Serious concern’ over new settlement construction

Arutz Sheva: “The European Union issued a statement late Thursday condemning Israel’s decision the previous day to approve the construction of over 460 new Israeli homes over the Green Line, calling it “a serious concern. “The Israeli decision yesterday to endorse an additional 463 housing units in the occupied West Bank and to retroactively approve

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Aug 292016
 
Global Central Bankers Stuck At Zero

Zero Hedge: “As Reuters’ Howard Schneider summarized in his Jackson Hole post-mortem,  “mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward

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Aug 242016
 
EU President: "Borders Are The Worst Invention Ever Made By Politicians"

Zero Hedge: “If The British needed any more confirmation of their decision to leave the EU, Jean-Claude Juncker, president of the European Commission, just gave them a big one. The often incoherent “when it’s important, you have to lie” politician spewed more United States Of Europe tripe this morning when he called for European nations

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Update, 10:30 am ET: Major Quake Devastates Italian Mountain Towns, 73 Dead And Thousands Left Homeless

 EU  Comments Off on Update, 10:30 am ET: Major Quake Devastates Italian Mountain Towns, 73 Dead And Thousands Left Homeless
Aug 242016
 
Update, 10:30 am ET: Major Quake Devastates Italian Mountain Towns, 73 Dead And Thousands Left Homeless

(Rescuers and firemen inspect the rubble of buildings in Amatrice on August 24,2016 (FILIPPO MONTEFORTE/AFP/Getty Images) Breitbart: “Amajor earthquake has rocked central Italy, demolishing ancient hill towns, killing scores and leaving thousands homeless. Update 15.20 BST – 73 people have died At least 73 people have killed in the 6.2 magnitude quake, including a family of

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