Prophecy Sign: The coming global economic collapse
Some hugely important events have transpired in the past couple of days which could trigger both a shooting war and an economic war, (collapse).
Russia has cut off natural gas supplies to parts of Europe which receive their supplies via Ukraine and is forcing those European nations to sign on to Russia's planned pipeline to Turkey, thus locking those nations into Russia's sphere of influence. Russia is also making plans to delink her energy sales from the United States dollar, and force nations to purchase Russian natural gas and oil using the Russian Ruble. If more nations, (ie China, Saudi Arabia, etc), follow suit and also ditch the Petro Dollar it would spell doom for the U.S. greenback. All of these moves may be part of the reason that the Swiss have decoupled their currency from the Euro which has sent shock waves through the financial world.
The two videos below will help to put all these events into prospective and explain what it means for the future. Many economic prognosticators have predicted that the year 2015 will see an economic tsunami, and with these recent moves, it could be that we are on the way to seeing these predictions come to fruition. Note also, that the year 2015 is a Shemitah year and may be a prophetic year of financial upheaval.
Of course, as always the bible has much to say on the economic travails of the last days, which can be read of in Ezekiel 7, James 5, Revelation 18. While what may transpire in the months to come may not be the fulfillment of these biblical prophecies, (that will come during the Tribulation), we should expect to see stage setting for the future new world order economic system of the coming Antichrist. This will likely include the necessity of a world wide economic collapse of our present over indebted financial system. So buckle up.....it could be a bumpy ride.
We Now Stand At The Precipice Of Global War And Financial Ruin
The stage has been set and we now stand on the brink of a major world event. Russia has now retaliated against both the US sanctions and deliberate manipulation of the price of crude oil, (by the US and Saudi Arabia), in attempts to hurt the Russian economy. Russia in response has now cut energy to six European countries, and now it's just a matter of time before a shooting war develops between the US and Russia.
What is really being set up is a "blame game." The global economy is in free-fall, and this includes the economy of America which is not immune to this slowdown despite what our policymakers and the mainstream financial channels want you to believe. Late last night the Swiss central bank de-pegged it's currency from the Euro because it knows that next week, (as has been speculated), the ECB will begin full on Federal Reserve style/Japan style QE. The Swiss bank also cut it's benchmark interest rate to negative. The world central banks have now become so desperate that they are not only continuing to slash interest rates, but are going NEGATIVE.
What's happening here is a radical escalation of the global currency war in which
and China are
attempting to route the U.S. dollar and ultimately destroy the U.S.
empire. Part of this strategy involves dumping the petrodollar as a global
reserve currency and reverting to alternative currencies backed by something
more than just hot air. Further evidence of this strategy is found in the
explanations on King World News which states that China
is moving to back its Yuan currency with gold! This explains why China
has been buying up the world's physical gold supplies. The U.S.,
meanwhile, has empty gold vaults and a fiat paper currency backed by nothing
but hot air, empty promises and endless debt. The whole world knows this, and
nations like Russia are
positioning themselves to take advantage of the massive currency collapse
that's eventually coming to the dollar.
Europe plunged into energy crisis as Russia cuts off gas supply via Ukraine
Russia cut gas exports to Europe by 60 per cent today, plunging the continent into an energy crisis 'within hours' as a dispute with Ukraine escalated. This morning, gas companies in Ukraine said that Russia had completely cut off their supply. Six countries reported a complete shut-off of Russian gas shipped via Ukraine today, in a sharp escalation of a struggle over energy that threatens Europe as winter sets in. Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey all reported a halt in gas shipments from Russia through Ukraine. Croatia said it was temporarily reducing supplies to industrial customers while Bulgaria said it had enough gas for only 'for a few days' and was in a 'crisis situation'.
Russia Just Made A Bold Move To Keep Its Gas Leverage On Europe
However, the move makes sense when considering that Russia has been increasingly losing its control over the European gas market after changes in European policy and warmer winters. Now Europe will be forced to link up to Russia's planned energy pipeline to Turkey — or it will lose Russian gas. "Our European partners have been informed of this and now their task is to create the necessary gas transport infrastructure from the Greek and Turkish border," Miller added in a Gazprom statement.
Russia Just Pulled Itself Out Of The Petrodollar
As Bloomberg reports Russia "may unseal its $88 billion Reserve Fund and convert some of its foreign-currency holdings into rubles, the latest government effort to prop up an economy veering into its worst slump since 2009." These are dollars which Russia would have otherwise recycled into US denominated assets. Instead, Russia will purchase even more Rubles and use the proceeds for FX and economic stabilization purposes. "Together with the central bank, we are selling a part of our foreign-currency reserves,” Finance Minister Anton Siluanov said in Moscow today. “We’ll get rubles and place them in deposits for banks, giving liquidity to the economy." Call it less than amicable divorce, call it what you will: what it is, is Russia violently leaving the ranks of countries that exchange crude for US paper.
Fallout From Swiss Move Hits Banks, Brokers
Meanwhile, a major U.S. currency broker warned its equity was wiped out, a U.K. retail broker entered insolvency and a New Zealand foreign-exchange trading house collapsed. Regulators in Europe and Asia scrambled to assess the damage, seeking information from banks and brokerages and trying to ascertain the potential impact on mom-and-pop investors. The losses were triggered by the Swiss franc’s 30% jump against the euro in the minutes after the SNB scrapped its cap on the nation’s currency relative to the euro. Brokers found themselves unable to trade because of the unexpected volatility and the fact that some big banks stopped quoting rates for francs.
The Greek Bank Runs Have Begun: Two Greek Banks Request Emergency Liquidity Assistance