UK recession deepens after 0.7 per cent fall in GDP

The UK recession has deepened, latest official figures have shown, after the output of the economy fell by 0.7 per cent between April and June.

The British economy is not only moving down hill. The elite is taking us all downstairs and down under.

The contraction was much bigger than expected and follows a 0.3 per cent drop in the first three months of the year. The Office for National Statistics said the fall was largely due to a sharp slowdown in the construction sector.

Source: The BBC

My comment:

No politician will be reelected if he tell the truth. In particular about the economy. So people embrace liars, and summit to their falsehood.

For many years, the bobbles in the Global economy have been obvious. A man who spend more money than he earns, have only two options. He can either spend less, or He must find others to pay the bills.

Several central banks are claiming negative interest rates.  They do not want to collect cash, and lend it out. If you want to put money into such banks, you will have to pay. For the first time ever in Europe, it is better to keep the cash under the pillow.

Ireland, Greece, Spain and Portugal have one thing in common. As long as someone else pay their bills, the show will go on.  The end product of this lawlessness, is chaos. And out of chaos comes totalitarian solutions.

Out of chaos, a demand for global solutions will arise. The One World Government is emerging.

A man will be elevated, and He will perform miracles and wonders. The way Europe is moving towards moral and economically bankruptcy, the final miracle man is probably already hiding in the grass somewhere.

Millions who rejects the truth will hail him, adore him and worship him.

Written by Ivar

2 thoughts on “UK recession deepens after 0.7 per cent fall in GDP

  1. ….the final miracle man is probably already hiding in the grass somewhere. …. that’s funny !!! (true but struck me funny)..
    Yes …Millions who rejects the truth will hail him, adore him and worship him. Now this is why we Christians work so laboriously amidst the insults, and contradiction against their-selves as well as against Our Lord. Before God that we do not err, before men that they will not be turned away from The Lord Jesus Christ in the Day of the Lord. Amen to the posts that show us what is taken place in/and around the World, it is scripture repeated daily! Which were given to us as ensambles that we may be diligent in all that He gave us to do. The Holy Spirit is bringing all these things to the forefront that we may see these things as they happen. Praise The Lord !

    2Corinthians 5:11 Knowing therefore the terror of the Lord, we persuade men; but we are made manifest unto God; and I trust also are made manifest in your consciences.

    2Corinthians 5:12 For we commend not ourselves again unto you, but give you occasion to glory on our behalf, that ye may have somewhat to answer them which glory in appearance, and not in heart.

    2Corinthians 5:13 For whether we be beside ourselves, it is to God: or whether we be sober, it is for your cause.

    2Corinthians5:14 For the love of Christ constraineth us; because we thus judge, that if one died for all, then were all dead:

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