Current events-world economy

http://www.usatoday.com/money/economy/story/2011-10-08/cnbc-economy-bad-market/50689948/1

"The basic problems remain weak trend growth in the (developed market) world, which we think will continue for another three to five years, the policy errors (in our view) of the current set of policymakers, and the existing set of inadequate 'old world' policy institutions," Janjuah wrote in an analysis for clients.

Therefore, dealing away with anything "old world" is a must in order to establish a "new world". Everything is being consolidated and a monopoly of sorts will be headed by the new world leader. If the world is in "economic chaos", it isn't so for no reason. Whether the markets and everything that has to do with the economy is being manipulated is a separate issue. All who care to observe current events in light of a revolutionary change can see that it is coming.

The bubble is set to burst and along with it the US dollar. The collapse of the dollar is and will be the single most important event in economic history! It is impossible to emphasize this enough. The demise of this currency will be second only to the creation of a new one. China is just one of many countries who have already called for a new reserve currency. And China has a lot of leverage when it comes to dictating the way the dollar goes.

"We have to admit that we feel somewhat vindicated, having made this call nearly four months ago to howls of derision," Rosenberg said in his daily note Monday. "What we saw then and still see now is a full-fledged deleveraging cycle that has gone global."

Again, whether a "deleveraging cycle that has gone global" is fact or myth, is beside the point. What the media is trying to convey, is that the way by which trades, transactions, importing, or exporting takes place is on a spiral down. It doesn't take an economic guru to understand that "economy" basically means BUYING OR SELLING.

Countries are really reflections of their people. Since the USA is a country with a large amount of debt, it is safe to say that americans are also in debt. The same principles apply to all other countries. If what the media is conveying is true, the reason why the world is in an economic spiral is because the countries thereof have exceeded its resources. In essence, if countries of the world are all involved in the economy of the world, that means that in one way or another all countries have got a stake into the global economy.

PUT IT THIS WAY:

If everybody is in debt, if everybody owes the world something, then that gives the world authority over people. For a person who is in debt, an offer made to wipe away all of his debt would certainly have to be heard. If the only condition for the removal of all debt were to accept being part of the new system, many would jump at the opportunity. It is a scary proposition when put side-by-side with Revelation 13. The world got you in debt so that the world could own you. And you got in debt because you wanted the things the world had to offer. The economic issue is only the major part of the reason for the brand. Other reasons would exist as well so that no human being wanting to be part of the new world system could do so apart from its foundations.