Monday, October 6, 2008
A Foretaste (Part II)
IMF Says World Economy Heading for `Major Downturn' (link).
"The United Nations called on Tuesday for tougher regulation of financial markets to deal with the "crisis of a century" and warned the global policy response risked creating a prolonged deflationary downturn." (link)
European Union tested by world economic crisis. (link)
World stock markets continue to plunge. (link)
World economy - is now the time to panic? (link)
Why are we witnessing such a drastic change in the economy on a global scale? Why are we starting to hear cries for a global solution?
We are getting a foretaste of things to come! With the rise of the world system of the antichrist in Revelation 13, we also find a world economic system. Just as we witnessed the birth of a single currency in Europe (the Euro), we are also seeing the trend to other regional currency in the middle east (link) and rumors of a North American currency (link). The present economic crisis, on such a global scale, will usher in the mark!
"And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six." Revelation 13:16-18
MAJOR UPDATE:
"We want a new world to come out of this," said French President Nicolas Sarkozy at a meeting of European leaders concerning the economic crisis. (link)
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