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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