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Posts Tagged ‘one world currency’

List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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This is the second thread to watch along with the petrodollar system unraveling.   Prophecy has foretold that during the last days, when the Antichrist rises, there will be one world government, which he will assume control of.  One of the key hurdles that still remains is the US as a sole superpower.  We are seeing that break down now, and the collapse of the US dollar will be a major part.  Are you ready for Inflation, Hyper-inflation, and a collapse?

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S&P, Moody’s Warn On U.S. Credit Rating

With attention focused on sovereign-debt worries in Europe, two major credit-rating firms reminded investors again that the U.S. has debt problems of its own.

[RATINGS]

Investors bought Treasury debt nonetheless, ignoring the comments, which echoed prior statements by the companies and may still be months or years away from having any practical meaning.

“The warning on the U.S. rating is well-founded,” said Brian Yelvington, chief fixed-income strategist at Knight Capital. “However, it will probably fall on deaf ears until the peripheral Europe story plays out.”

Moody’s Investors Service said in a report on Thursday that the U.S. will need to reverse the expansion of its debt if it hopes to keep its “Aaa” rating.

“We have become increasingly clear about the fact that if there are not offsetting measures to reverse the deterioration in negative fundamentals in the U.S., the likelihood of a negative outlook over the next two years will increase,” Sarah Carlson, senior analyst at Moody’s, said.

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This is a great summary of what we are looking at in the near future (next year or two).  The first domino has dropped when Russia and China agreed last month to trade oil in their own currencies.  We are beginning to see it unwind…

Sidestepping the U.S. Dollar, a Russian Exchange Will Swap Rubles and Renminbi

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Click on the article title for a link to full original referenced article.

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Uhh, I think some thing big (and bad) happened in September 2008.

We changed course.  Was that the change you hoped for?

That is an awful lot of printing…

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Thanks to Zero Hedge for the chart:

Federal Reserve Balance Sheet Update: Week Of January 13, $1.070 Trillion In UST Holdings

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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Great summary of the year and the prophetic events we have seen and experienced.  Thanks Todd from Rapture Ready for the great recap.

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Dec 27, 2010

Year in Review

The year 2010 is rapidly coming to a close. Since this will be the last “Nearing Midnight” article for the year, I thought I’d review what has occurred over the last twelve months, and how these events have impacted Bible prophecy.

The most significant event of the year is the number of natural disasters. The year 2010 was the deadliest in more than a generation. Earthquakes, heat waves, floods, volcanoes, super typhoons, blizzards, landslides and droughts killed more than 260,000 people. Last year only saw 15,000 deaths from natural disasters.

“It just seemed like it was back-to-back and it came in waves,” said Craig Fugate, who heads the U.S. Federal Emergency Management Agency. It handled a record number of disasters in 2010. “The term ‘100-year event’ really lost its meaning this year.”

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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Amazing the plan is revealed, now it is just a matter of timing, which I feel is accelerating…

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Bancor: The Name Of The Global Currency That A Shocking IMF Report Is Proposing

Sometimes there are things that are so shocking that you just do not want to report them unless they can be completely and totally documented.  Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works.  Not anymore.  A paper entitled “Reserve Accumulation and International Monetary Stability” by the Strategy, Policy and Review Department of the IMF recommends that the world adopt a global currency called the “Bancor” and that a global central bank be established to administer that currency.  The report is dated April 13, 2010 and a full copy can be read here.  Unfortunately this is not hype and it is not a rumor.  This is a very serious proposal in an official document from one of the mega-powerful institutions that is actually running the world economy.  Anyone who follows the IMF knows that what the IMF wants, the IMF usually gets.  So could a global currency known as the “Bancor” be on the horizon?  That is now a legitimate question.

So where in the world did the name “Bancor” come from?  Well, it turns out that “Bancor” is the name of a hypothetical world currency unit once suggested by John Maynard Keynes.  Keynes was a world famous British economist who headed the World Banking Commission that created the IMF during the Breton Woods negotiations.

The Wikipedia entry for “Bancor” puts it this way….

The bancor was a World Currency Unit of clearing that was proposed by John Maynard Keynes, as leader of the British delegation and chairman of the World Bank commission, in the negotiations that established the Bretton Woods system, but has not been implemented.

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Amazing video’s, the Brit’s nail it again…

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Does Viral Anti-Euro Rant Signal Rise of British ‘Tea Party?’

Nigel Farage may not be a name familiar name for many Americans, but his message to the European Union this week echoed the familiar anti-spending slogans of America’s tea party movement.

Earlier this week, Farage, the leader of the UK Independence Party and co-president of Europe of Freedom and Democracy (EFD), spoke out against the EU for allowing member states to get into debt and bailing them out at the expense of the ordinary people of Europe. All this in the name of cohesion, he suggests, marks significant threats to democracy.

“We don’t want that flag, we don’t want the anthem, we don’t want this political class,” Farage said. “We want the whole thing consigned to the dustbin of history.”

“Just who the hell do you think you people are? You are very, very dangerous people indeed,” he said. “Your obsession with creating this Euro-State means that you’re happy to destroy democracy. You appear to be happy for millions and millions of people to be unemployed and to be poor. Untold millions must suffer so that your Euro-Dream can continue.”

“If you rob people of their identity, if you rob them of their democracy, then all they are left with is nationalism and violence. I can only hope and pray that the euro project is destroyed by the markets before that really happens.”

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Signs that the dominoes ahead of us have fallen…

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New phase of debt crisis! Striking NOW! Despite rescues!

A belated “Happy Thanksgiving!” — from our family to yours!

Sadly, though, even while most Americans were enjoying the holiday or hitting the malls, much of Europe was sinking deeper into a new, more severe phase of its sovereign debt crisis.

This crisis is unfolding despite Herculean rescues by the European Union, the International Monetary Fund and the U.S. Federal Reserve.

It’s striking right now.

And it’s threatening to spread to all of the world’s big debtor nations, including the biggest of all — the United States.

Hard Evidence from Global Markets

This conclusion is not merely my analysis or forecast.

It’s the collective opinion of global investors who, at this very moment, are scrambling to buy insurance against bond defaults by major governments.

Think of it like life insurance:

  • When the premiums are cheap, it’s because the country has a clean bill of health.
  • When the premiums start rising, it means there’s growing evidence of fiscal disease.
  • And when premiums skyrocket to obscenely high levels, you can be darn certain the country’s Treasury is on its death bed, threatening to take down the government … sabotage its economy … and, inevitably, impoverish its people.

That’s precisely the situation the Irish find themselves in today. Their economy is sinking fast. Their two largest banks — the equivalent of our Bank of America and Citigroup — have just gone under. The Prime Minister is resigning. Millions of citizens are sinking into poverty. And yesterday’s final agreement on a $113 billion European rescue package will not change that reality.

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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List of articles in the headlines today by prophecy topic…(I will continue to update it with additional articles throughout the day.)

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Amazing article and video, MUST SEE!!!

It not only illustrates how the world is moving away from the dollar as the major currency, but what state the world finds itself in and how the US role has been written off.  To quote the final guess, the US is “done”.

It is huge for the US to be the reserve currency, it helps drive demand for countries and people to keep our currency.  If that would ever stop, then you would see our dollars value tank as people/countries drop our dollar.  The dollar value tanking means inflation and hyper-inflation.

We are on that path, it is just a matter of how fast do we get there…

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Putin proposes EU become reserve currency

Russia and Germany should dramatically increase their economic co-operation. That’s the message from Russian Prime Minister Vladimir Putin to some of Germany’s top industrialists at a business forum in Berlin.

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