(Anglo)World Debt Suffocation:We must not forget how we are warned by prophecies for one hundred years and for one thousand years that an end must come to his world.

GREETINGS,

    WE ARE MOST DEFINITELY IN A TIME UNLIKE NEVER BEFORE. I RECALL READING SCRIPTURE WHEN IT SPEAKS ABOUT THE FORMER SHALL PASS AWAY…BEHOLD, I MAKE ALL THINGS NEW. ALL PRAISES ARE DUE TO ALLAH, WHO CAME IN THE PERSON OF MASTER FARD, FOR USHERING IN THE FALL OF ONE WORLD WHILE ESTABLISHING THE BASE FOR THE START OF A NEW ONE.

   MUHAMMAD SAYS…” So this is a Great Day — the passing away of one world and the coming in of another world. We have suffered under the evil that the devil was made for. Up until this very minute he wants to do all the evil that he can do regardless to the Bible and the Holy Qur’an teaching that Allah (God) Will Reward him and me for every good act or good work.

  Everything is being changed from the old to a new thing. “–pg.214(O.S.H.A.)

 ……” We are now living in the days of the judgment and in the days of a great separation of peoples and nations.”–pg.191(O.S.H.A.)

   ” The Days of the Son of Man represent the Days (Years) that He Will Be Judging the world and punishing the world for her evil. “–pg.184(O.S.H.A.)

   THIS IS WHERE WE ARE TODAY. WE HAVE ARRIVED AT THE JUDGMENT AND REMOVAL OF THIS WICKED WORLD…..” We must not forget how we are warned by prophecies for one hundred years and for one thousand years that an end must come to his world.

  The rulers of this world must be removed and the crown must be taken off and placed upon another head, and they will rule in justice and righteousness.

 

  The people of this world have now become so wicked and so fearful of the consequences of their own rule until the almost thoughtless vision is gone, and fearfulness has taken hold of the people.”–pg.192(TFOA)

 

The suffocation of unsustainable global debt – Total global debt is now over $190 trillion and more than three times global GDP. Contagion with European Union.

 

 

The biggest market in the world is the European Union and debt problems are still rippling through the global markets. It is apparent with the financial crisis that the global markets are tied together by large banks and interconnected trade. A problem in the largest market should be unsettling and the unemployment rate in the European Union is now at a 15 year high. The global debt problem was never really solved but papered over with extensions and banking trickery. The US has dealt with much of the debt issues by suspending major accounting rules and stuffing bad loans into the Federal Reserve like a Christmas stocking. The European Union is facing some challenges ahead and all eyes will be watching given the impact of contagion impacts. Greece was only a tiny sliver of the debt issues compared to the major debt restructuring that will be necessary for a large economy like Spain.

 

Unemployment in the European Union rising to higher levels

The European Union is facing a very problematic recession. The unemployment rate continues to climb:

eu unemployment rate

The unemployment rate now stands at 10.8 percent. Countries like Spain have an astounding 23.6 percent headline unemployment rate. The young in Spain are facing an unemployment rate above 50 percent which is stunning for a developed market economy. These kinds of structural issues cannot be peppered over with more debt. The issues facing the global markets are based on peak debt situations. Central banks like the Fed and the ECB are dealing with the crisis as if it were based on short-term liquidity issues. Like someone asking you for rent in the middle of the month when your paycheck will not come in until the end of the month. In this case, you know the income is forthcoming and will cover the requested payment. That is not what is impacting the global economy today.

Peak debt has been reached in many cases and when it hits markets are forced to deleverage and price discovery unfortunately is a necessary and painful process. To think that the European issues will stay isolated is unrealistic. If we take a look at our biggest trading partners we will find some familiar names:MORE HERE

 

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