World economy problems and the new world money system [To understand our position you must read our book on prophecy] Shaken Europe Looks for Bolder Fixes In October of 2008, we wrote this... "New Money System: Because of the bad international financial situation the USA and European countries are trying to find a common solution. We already have a man with the number of the Beast ready... ; now are we going to have a new international monetary system that may turn into the financial system of the Beast?" [from PMsite, Oct 6, 08] Yes, of course. If the Beast System is coming soon, very soon, then the world needs to set up a new monetary system so that the prophecies in the Book of Revelations come true. This year we may see that new monetary system. I'm looking for it, are you? [wrd, March 2009] G20 April Meeting: "We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity," it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century. In effect, the G20 leaders have activated the IMF's power to create money and begin global "quantitative easing". In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body." [UK Telegraph, Ap 7, 09] This is not the Beast Monetary System. Events will have to get worse in order for the system to come into existence. If the Beast System is coming there will be a new monetary system. [wrd, April 7, 09] Apparently the world's financial system is worse than governments want to admit. But with computers there may be a way to minimize a catastrophe that would normally bring on a decade or two long depression. We'll see. A new world money system may help in the short run, while taking away freedom. [wrd, April 22, 2009] Worldwide Depression Steep declines in the economies of Mexico, Japan and Germany, three of the U.S.'s biggest trading partners, underscored the severity of the global recession and put pressure on industrialized nations to revive trade talks. [WSJ, May 20, 2009] As of today, on an annual basis, Japan's economy has depressed 15.2%, Germany 14.4%, Mexico 20.1%, etc. _______________________________________________ It is getting worse. The monetary system of the world is broken. Most nations are on the edge. Something bad will happen before the world fixes it. This year may be the year. Hold on! [Feb 22, 2010] WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economic recovery was "extremely unbalanced," driven largely by high earners benefiting from recovering stock markets and large corporations. Head of IMF Proposes New Reserve Currency Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. "That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now," he said in a speech on the future mandate of the 186-nation Washington-based lending organization. [ABC news Feb 26, 2010] WASHINGTON—Leaders of the U.S., Canada, South Korea, Britain and France, looking to spur efforts to remake the international economic system, urged other leaders of the Group of 20 nations to "recommit themselves and deliver on the [G-20's] ambitious reform objectives and agenda." [March 30, 2010] AUGUST 19, 2011 [WSJ - Nov 25, 2011] The biggest question in Europe isn't what it was a few weeks ago. It is no longer just whether any of the 17 governments in the euro zone will default on its debts; increasingly it is whether the euro zone will survive in its current form at all.
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