Tag: money

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

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Catholic footballers in Spain submit to Sharia

Real Madrid changing cross logo for Muslim fans, sponsors in the Arabian world.

Love of money is the root of all kinds of evil. Also for Real Madrid, who submit to the demands of Sharia.

Real Madrid, the Spanish soccer powerhouse, will be making changes to their logo to appease and hopefully gain Muslim soccer fans.

After having the same logo for close to a century, Real Madrid is going to remove the cross from the top of the crown that lies within their insignia.

The cross is an offense to Koran-obeying Muslims.

The Marca newspaper in Spain quoted a source in the club’s administration who said the change was decided upon in hopes of, “avoiding all forms of misunderstanding and conflict in the regions where the majority of the population is Muslim.”

The change in logo goes hand-in-hand with Real Madrid’s building of a $1 billion sports tourist resort in the United Arab Emirates. The resort will be the world’s first theme park placed on an artificial island.

Source: New Jersey Newsroom.

It is easy to mock all who warn against the enforcement of Sharia in Europe.

The chime attitude of submission of the football club Real Madrid is only one of many examples.

Catholic Spain has been under Islam before.  From 711 A.D to 1492 A.D.

Sine the Pope promote that all sons of Abraham, including the Muslims is a part of “god’s” plan for salvation, it would hardly matter is Spain is under Islamic of Catholic rule.

Catechism of the Catholic Church

 841 The Church’s relationship with the Muslims. “The plan of salvation also includes those who acknowledge the Creator, in the first place amongst whom are the Muslims; these profess to hold the faith of Abraham, and together with us they adore the one, merciful God, mankind’s judge on the last day.”

Evangelical’s who side with this wicked religion presented as “Christianity”, please keep in mind the warning from Jesus our Messiah.

Luke 21: 16

You will be betrayed even by parents, brothers, relatives and friends, and they will put some of you to death.

Reject the falsehood of both the Vatican and Islam.  They work for unity based on a wicked compromise, and will lift up the final antichrist as their common global leader.  The false prophet and a beast has already signed the peace agreement between the two largest religions on the face of Earth.

Written by Ivar

1

Wall Street helped Greece mask its true debt

Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules.

Investment banking in the US has become a matter of robbing both the client and the public.

At some point the so-called cross currency swaps will mature, and swell the country’s already bloated deficit.

Creative accounting took priority when it came to totting up government debt.Since 1999, the Maastricht rules threaten to slap hefty fines on euro member countries that exceed the budget deficit limit of three percent of gross domestic product. Total government debt mustn’t exceed 60 percent.

The Greeks have never managed to stick to the 60 percent debt limit, and they only adhered to the three percent deficit ceiling with the help of blatant balance sheet cosmetics. One time, gigantic military expenditures were left out, and another time billions in hospital debt. After recalculating the figures, the experts at Eurostat consistently came up with the same results: In truth, the deficit each year has been far greater than the three percent limit. In 2009, it exploded to over 12 percent.

Source: Der Spiegel

My comment:

American Investment Baking has a funny way of making money. They first rob their clients, and than make Washington force all the taxpayers to pay the final bill.

The Lawlessness of American Capitalism can best be expressed by the money-makers in Goldman Sachs.

The story about how criminal banker in American took 100 million USD from Greece for hiding its actual debt figures, is now a month old.
But it is still a brilliant story for all who like the hear the truth about the criminals who govern the Wall Street.

Jesus correctly said that love of money is the root of all kinds of evil. All kinds.

Todays news makes The Wall Street into the financial version of “The Muppet show”.

Greg Smith, an executive at Goldman Sachs resigned, calling the bankers evil. He claims Goldman Sach’s calls its own clients “muppets”. The bankers only love their own bonus deals, and do not care if the client will win or loose playing their games. The commission for their crimes will be paid anyhow.

It normally take a year or so before the client understand that He do not understand the “financial instruments” he one year back was convinced by Goldman Sachs, he had to purchase.

Written by Ivar

1

EU governor to rule the Parliament in Greece

Greek officials have reacted angrily to a leaked German proposal for an EU budget commissioner with veto powers over Greek taxes and spending.

The EU will force the Greek to delegetimize their own democratic statehood.

The Greek government said it must remain in control of its own budget.

The European Commission says it wants to reinforce its monitoring of Greek finances, but Greece should retain sovereign control.
Meanwhile, Greece and its private investors are close to a deal which will pave the way for a second bailout.

Greek government spokesman Pantelis Kapsis told the BBC the discussions between the two parties had gone well and they were “close to an agreement”.

Greece must reach agreement in the next few days in order to receive the next tranche of funds from its first bailout.

Source: The BBC

The whole idea of the EU, is to create a United States of Europe.The process of integration will take time, but the very goal stands.

To achieve this goal, each individual nation has to be delegitimized.

The EU-law has to become the law of every member state.

Like in ancient Rome, the emperor will send a supreme  governor to each of the subject areas.  Pontius Pilate was Rome’s man in Jerusalem. When the religious leaders wanted to get Jesus executed, they sent the Messiah to the office of the Roman governour.

  Matthew 27
Early in the morning, all the chief priests and the elders of the people made their plans how to have Jesus executed.  So they bound him, led him away and handed him over to Pilate the governor.

The Greek people will not easily submit to Rome. Neither did they do in ancient times, nor do they today. But the EU-empire will have its way. Greece will have to chose the money and the governor, or non of them.

But did not ancient Rome have a senate?

Yes the Emperor kept a senate. Even Hitler had a puppet “parliament”, as long as he found it useful.  Sometimes cartoons explains the political process better than words:

The PM who kissed the feet of the Germany leader is gone. Another has come.
Money makes the world go around. In Greece the money simply has disappeared.
You have to dance to the true rulers of Europe.

The Worlds population will have to get use to the Prophetic Word being fulfilled. There will come a One World Government that will have a supreme “king” on top. This man will be the last and final antichrist.

 Daniel 11:37-39
New International Version (NIV)

 He will show no regard for the gods of his ancestors or for the one desired by women, nor will he regard any god, but will exalt himself above them all. Instead of them, he will honor a god of fortresses; a god unknown to his ancestors he will honor with gold and silver, with precious stones and costly gifts. He will attack the mightiest fortresses with the help of a foreign god and will greatly honor those who acknowledge him. He will make them rulers over many people and will distribute the land at a price.

Written by Ivar

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