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Monday, August 01, 2011

On a Crash Course: Coming Collapse of the U.S. Dollar


August 2011

Dear Friends, Welcome to another message from Keep the Faith. I hope you are well and prospering in the Lord. Most of all, I hope you are getting ready to meet Jesus in the clouds of glory. He is coming soon, you know. And we don’t have time to play... READ MORE


In the last few years, economic crises have erupted all around the world. Places like Iceland, Greece, Ireland, Portugal, Spain and some other European countries are struggling to keep their economies from collapsing. People, who are dependent on government support for pensions, health care, and other social service contracts, are facing severe cuts in their benefits as promises of government leaders are being shredded. In addition to the personal pain, these nations are being forced to accept rescue packages from the European Union and the International Monetary Fund, which is turning them into vassal states in the new Holy Roman Empire. Now Greece is about to receive another huge bailout from the European Union and the International Monetary Fund, because it has not been able to cut through the huge deficits with austerity measures. So the pain is not going to go away for its citizens either. It is only going to get worse. Ditto for other countries in the economic periphery of Europe.

But the economic virus is not limited to these peripheral European countries. Recently we saw major upheavals in the Middle East and North Africa where quite a number of nations have overthrown their leaders and are demanding a new set of political and economic principles. Their economies are in a shambles, and as food prices skyrocket, the people demand change. The stress is spreading around in an ever-widening circle of wave after wave of economic bad news.


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