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 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
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