Sabbath 13/11/34/120                                                                                                   

Dear Friends

As we have pointed out for the last few years the GFC was a deliberately created crisis in order to destroy the financial systems of the regions so that the One World Financial system could be brought into play introducing one World Currency under the IMF, The World Bank and the Regional political system we have come to expect as the Empire of the Beast.

The major financial system that will be used to achieve this will be the Eurozone Crisis which is designed to follow on from the Global Financial Crisis (GFC) instigated from the US.

The farce of the Greek tragedy is being played out with German demands to cede control over the Greek fiscal structure to a European chairman. The Germans have staged what is a deliberate drama and even thrown in the Teutonic chairman suggestion so as to allow the Greek politicians to thump their chests and hurl insults at the Germans in the vain hope that the Greeks will forget that it was they themselves that brought this fiasco on Greece and turned it into a bankrupt and failed economy and by fraud and deceit allowed the Eurozone to claim that they deceived the zone when they applied for membership. They did enter by fraud and dishonesty but the system knew that and the banks wanted to make more money out of the higher risks.

The fraud was kept going by German and Greek politicians agreeing to huge loans that Greece could not repay and that merely served as a giant poultice on the festering sore that is the European system.

The fact of the matter is that Greece is bankrupt and everyone knows it is bankrupt and the whole world expects it to default anytime soon.  What is worse, they expect other nations to follow and their banks are in a state of collapse also.

This whole exercise was designed to have it enter and be used as a test example of the cessation of national sovereignty in order to create the empirical satrapy of the Eurozone under a regional bureaucratic structure under the European Central Bank (ECB) and the European Commission working to the IMF and the World Bank.  Europe is the major test region and one of the Ten Regions of the Club of Rome of 1956 and the agreements of 1997. European sovereignty will be ceded from the nations into the regional bureaucracy through the crisis that is being deliberately instigated now with the connivance of the banking structure. Those banks that are now largely insolvent through their risk and greed are reliant on the NWO to restore them to solvency using the ECB funds and the ignorance of the “voters” of the EU to do it.

One only has to look at the bonus structure of the Banks they disdain for the political processes and the public incomprehension and indolence to see that they simply see another reality and are working towards that structure. They think they will control it. What fools!

The Franco-German banks were used by the NWO to achieve their ends through their own greed. They are now so exposed they are effectively insolvent.

The banks in Europe and the European financial system cannot survive due to the activities leading up to the GFC and the events in Europe from 2008 until this year 2012. The entire continent will go into financial collapse and that collapse will be used to commence a flow on collapse throughout the world.

That has been the plan all along. It is part of prophecy and Scripture cannot be broken (Jn 10:34-36).  Satan has set it up and God is allowing it as part of His plan for mankind and the exercise of human freedom under the rulership of Satan as god of this world (2Cor. 4:4). He has allowed it and set in motion His plan to achieve the subjugation of the planet under the Messiah in the last days.

The preparation for the transition to the NWO is being identified and isolated now in the minds of the public.

Oxford University’s Centre for International Studies has identified 10 key failures of Europe’s leaders in how they have handled the financial crisis issue.

Associate Fellow Kirsty Hughes says that the errors are largely political, democratic and economic in nature.

Here’s a list of where Hughes says EU leaders got things so wrong as reported by the Financial Times this week:

1) Lack of European political vision and strategy

Aside from the talk about balancing budgets together and pooling Europe’s giant debt pile, Hughes says what the region needs now is vision “to show that the EU is more than just a single currency, that it has a current and future political, social and economic purpose and dynamic.”

How can you get bond markets to invest in you for the next 10 or 20 years without a clear vision on your combined goals? Especially with countries squabbling about the erosion of sovereignty that may result with proposed changes to the EU treaties– changes Germany’s Chancellor Angela Merkel says are essential for future integration.

The assumption is a lack of political vision and strategy whereas the real problem is that the vision has been there for centuries. The problem is that it cannot be voiced aloud as it runs contrary to the interests of the nations involved. The truth would force it to be stopped in its tracks. The intelligentsia in Europe seem to assume the populace is blind to the overall aims. The imbalance of power is a major concern for all nations.  The power of the bureaucracy also is of concern.

2) Imbalance of power strains relations between member states:

The problem is: Who really counts in the European Union? The two largest economies, France and Germany? The 17 EU countries that share the euro? Or the full 27, including the 10 more that aren’t part of the currency union?

Reporters are quoting Hughes and they are posing that the answer depends on who you are. As the crisis has deepened, France and Germany – with significant amounts of political and financial capital invested in the euro project – have taken on the lead role. Hughes says the concentration of decision-making on two countries and a handful of unelected officials “represents the worst of all worlds.”

Not only has the process been painfully slow and behind the curve, she says it has often visibly failed to bring other interested parties into the negotiations, namely the other 15 members that share the same fate.

Even less attention has been paid to the ten more EU members that aren’t part of the euro zone.
It is correct that it is the worst of all worlds except that was the original idea of the Club of Rome and the Union of the Ten kings or satraps. The whole world will follow into the Ten Economic Regions of the NWO.

3) Neglecting the EU’s role on a global stage

Though progress has been painfully slow when it comes to solving Europe’s domestic woes, Hughes also says the E.U. has taken its eye off the ball on its foreign policy at a key time of upheaval in the Mediterranean and Middle East. Hughes says that after the Arab Spring uprisings, Europe should be ‘asserting and defining its role in the new order to retain influence.’

Note that Hughes thinks that Europe should be asserting its role in the NWO and that fact is obvious that she knows this is heading to the NWO.

4) Lack of policy choices. Is austerity the only answer?

Throughout the eurozone crisis, the Franco-German wonder cure has been austerity. Those swallowing the medicine like Greece and Portugal have been vocal about their skepticism, saying deep cuts will stifle any future growth and lead to a lost generation. However, very few credible policy alternatives have been put forward by any of the EU’s members.

The Depression that is being engendered with these austerity measures is deliberately contrived so that the centralisation and issue of the currency under the IMF through their issue of currency as Special Drawing Rights (SDRs) will be requested after the collapse of the financial system into depression.  It thus follows that Europe must collapse first and then suck the world into the collapse so that the NWO can emerge.  People will demand the Keynesian solution of spending rather than austerity.

5) Failure to put people first

Hughes says Europe’s leaders have acted as though there were almost academic economists, failing to see the hopelessness brewing in places like Spain for instance where unemployment among the young runs at 40 percent. She goes as far as saying those heads of government who do not give hope to their citizens should not deserve the title ‘leaders.’

This is a necessary part of the crisis so that the solution is seen as being one of completely tying in the system to an international regional system in a ruling bureaucracy of Ten regions.
6) Emergence of technocratic governments

Two Eurozone countries – Greece and Italy – are now run by technocrats, unelected by the people. That in itself, Hughes says is a failure of democracy on a national and international level.

Yes but it is part of the design of the Union of Ten Kings of the last days.

7) The EU’s democratic deficits

The EU’s weaknesses were exposed long before the Eurozone crisis gained momentum. French, Dutch and Irish voters rejected new constitutional treaties for the bloc, exposing the lack of cohesion. While some argue that transforming the EU into a Federal entity would be the best answer to the crisis, Hughes says given the substantial ‘No’ votes to previous treaty changes, any such moves would be premature at this stage.

The financial crisis has to be engendered so that the crisis will force people to give up their national sovereignty in a perceived regional interest which itself is illusionary.

8) Macro-economic failures

Germany and the United Kingdom espouse the view that more rigorous budgetary discipline is the answer for countries like Greece, Portugal, Ireland and Italy – nations that have large debts and little hope of paying back their borrowings soon. However, not all economists agree that cuts are always the key to solving a crisis. Such countries were already suffering from low growth and now public sector layoffs and pension cuts could also prompt a slump in demand for goods and services, a drop off in consumer and business confidence, which all in all will dent output. We were here in the Great Depression and Keynesian Economics was used to get the world out of the crisis they were put into by the banks as they have done again this time.

9) Failure to confront the financial markets

The failure of Europe’s leaders to reassure financial markets early about Greece has magnified the cost and scale of the crisis today and left the region with a situation in which some of its largest economies (like Italy) may soon be unable to finance themselves as nations normally do: on the open bond markets. Hughes says it’s time to throw out the ‘neoliberalism’ rulebook, in which control is shifted from the public to the private sectors. Or else, Europe’s politicians will continue to repeat the errors of 80 years ago.

Thus the aim is to assert political control over the financial system to achieve the unification.

10) Micro-economic failures

The Eurozone project has demonstrated that without similar levels of productivity, the economic strains that monetary union members suffer will continue to become more apparent, Hughes says. Wages, prices, unemployment and a whole raft of other factors will continue to vary widely among member nations. If the balance is right, the country can remain competitive, Hughes says. If it’s wrong, it may well spend to make up for the shortfall – such as building new motorways and airports which create jobs. Such spending leads to large deficits that later widen when the economy slows.

This was examined in a previous message on the economics of the situation and why the nations of the EU are trapped in the system they are in and cannot devalue to improve their competitive ability to trade out of the situation.

The collapse is engendered and will now unfold over the next few months.

The African nations are now agreeing to form their Financial union also and they will move to establish an African Central Bank and a single currency by 2020 so they are announcing (in Addis Ababa this week). They are to create an African Monetary institute to enable this transition.

AU Commissioner for Economic Affairs Maxwell Mkwezalamba said that the African Central Bank would be headquartered in Nigeria. He said that it would enable most African countries to trade freely and help reduce the exchange rate related losses incurred by most African traders. The creation will have the same limitation of the Eurozone and the African nations will be sucked into the same impossible situation as the EU nations are in now. Thus the solution the EU adopts will be the solution the AU also is forced to adopt.

However, they will find the circumstances drag them in to the crisis and they are forced to reorganise earlier and move towards the NWO and the Ten Regions of the Club of Rome.

Coupled with the conflicts being created and sustained in the Middle East the financial crisis will merge with a military crisis and will escalate now into the full scale hostilities of WWIII.

The whole world will be simply stunned at the speed with which this will occur over the next few years.

Wade Cox
Coordinator General