Wednesday, November 14, 2012

China and Eurozone...TROUBLES!!

WATCHING THE BBC NEWS NETWORK THIS EVENING - WEDNESDAY 14TH.

CHINA.....loans giving big trouble; so the banking and the general health of China is now on the weak side.

As the BBC said, there are challenges for China's new leader/s.

On CBC Canada they had a spot on the MANY  "modern" towns (some only half built) in China that are GHOST towns - nobody lives in them

China, though the second largest economy in the world, it is feeling the belt tighten and the mouth getting dry, it's knees are beginning to wobble.
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The EUROZONE....... they are very sick also, some countries on their back.

The TWO powerhouses - Germany and France.......TROUBLES also.

Both Germany and France in the 3 quarter (up till September) have ONLY HAD   0.2 percent growth.

NOT GOOD, especially for Germany.

BBC interviewed an "expert" on the situation. His judgment: NO break-up of the Eurozone, but the best he could give was maybe a START to a turn around by the MIDDLE of 2013. And that was a MAYBE..... DEPENDING ON HOW THE ECONOMY GOES FOR BIG TWO - USA AND CHINA.

SO THE WORLD ECONOMICALLY IS IN DEEP TROUBLES.....IF THE TWO PARTIES IN THE USA DO NOT GET THEIR ACT TOGETHER WITH CO-OPERATION, IT COULD MEAN MUCH BIGGER TROUBLES FOR AMERICA AND THE WHOLE WORLD IN 2013.
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NOW YOU HAVE GAZA AND THE STATE OF ISRAEL IN SERIOUS FIGHTING ONCE MORE. WILL IT LEAD TO A MUCH LARGER WAR? ONLY TIME WILL TELL.
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IS  GOD  HOLDING  BACK  BIBLE  PROPHECY?  WELL  WE  KNOW  EUROPE  IS  TO  BE THE  WORLD'S  GREATEST  TRADING  POWER  AT  THE  TIME  OF  THE  END......UNTIL EUROPE  PULLS  OUT  IN  A  MIGHTY  BIG  WAY,  FROM  ITS  TROUBLES,  WE  KNOW THE  END  OF  THIS  AGE  IS  NOT  NEAR.  AND  AS  I'VE  TOLD  YOU  BEFORE  UNTIL  WE  HAVE  A  UNION  OF  ARAB  NATIONS  LEAD  BY  EGYPT,  THE  END  OF  THIS  AGE  WILL  NOT  COME.  ALL  EXPLAINED  IN  DETAIL  IN  MY  MANY  STUDIES  ON  BIBLE  PROPHECY  ON  MY  WEBSITE.
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