THE ECONOMY: Eurozone problems escalating
UK Telegraph - What happens when Greece defaults / It is when, not if. Financial markets merely aren’t sure whether it’ll be tomorrow, a month’s time, a year’s time, or two years’ time (it won’t be longer than that). Given that the ECB has played the “final card” it employed to force a bailout upon the Irish – threatening to bankrupt the country’s banking sector – presumably we will now see either another Greek bailout or default within days.
What happens when Greece defaults. Here are a few things:
- Every bank in Greece will instantly go insolvent.
- The Greek government will nationalise every bank in Greece.
- The Greek government will forbid withdrawals from Greek banks.
- To prevent Greek depositors from rioting on the streets, Argentina-2002-style (when the Argentinian president had to flee by helicopter from the roof of the presidential palace to evade a mob of such depositors), the Greek government will declare a curfew, perhaps even general martial law.
Greece is the trailer of the movie that will be played in full length and in high definition color all around the world. The ultimate screen on which it will be played will be the USA; the only question is when and how quickly will anarchy spread around the world? As reasoned over the years the seminal event to bring about this worldwide societal breakdown will be the collapse of the US dollar with many variables thrown in for good measure such as a mag. 9.5+ earthquake in a heavily populated developed country (bigger version of what happened in Japan), a major war, possibly nuclear, one or more major terrorist strikes, possibly nuclear or biological, a major pandemic outbreak, famines in poor but heavily populated countries such as India and China leading to mass uprisings. The world is a tinderbox waiting to be lit and the fuses are short and numerous, we will probably not get through 2011 without the world being turned upside down, economically, politically, societally, and climatically. Those who cannot see the signs all around blazing in glowing neon have truly been blinded by the glitter of this world, which exists only in fantasy not in reality. Disneyworld is about to be blown apart by the real world and the shock alone will prove fatal to untold numbers of presently slumbering citizens of this world.
Welcome to the real world! Take the red pill now before it’s too late!!!
THE DESTRUCTION OF PLANET EARTH
MSNBC: Tepco confirms meltdowns at 2 more Fukushima reactors: The operator of the nuclear power plant at the center of a radiation scare after being disabled by Japan's earthquake and tsunami confirmed Tuesday that there had been meltdowns of fuel rods at three of its reactors. Tokyo Electric Power Co said meltdowns of fuel rods at three reactors at the Fukushima Daiichi plant occurred early in the crisis triggered by the March 11 disaster. The government and outside experts had said previously that fuel rods at three of the plant's six reactors had likely melted early in the crisis, but the utility, also known as Tepco, had only confirmed a meltdown at the No.1 reactor. Tepco officials said a review since early May of data from the plant concluded the same happened to reactors No.2 and 3. Read more
This TEPCO Press release is worded as if these meltdowns happened a few days ago, when in fact they happened 2 months ago. As speculated back in March, these reports are a strong confirmation that parts of Japan, possibly including Tokyo, will become post – apocalyptic wastelands. But the poisoning and spreading of deadly toxins is not limited to Japan but will greatly affect the northern hemisphere and eventually the southern as well. Welcome to the Mutant planet soon to be home to more glowing cockroaches than humans.
EXTREME WEATHER
Oklahoma tornadoes: Several large tornadoes touched down in Oklahoma on Tuesday afternoon. At least five people are dead and 60 others injured. Read more
May 25, 2011 –MANILA, PHILIPPINES – A fierce storm approaching the Philippines intensified into a typhoon on Wednesday, the government said, warning it would unleash heavy rains across the main island of Luzon. Typhoon Songda was expected to slam into the remote and mountainous northeast of Luzon on Friday, although it could change course and head towards more populated areas near the capital of Manila, forecasters said. “We are asking the public (in storm-affected areas) to postpone travelling and stay indoors,” chief state weather forecaster Graciano Yumul said. “The public must follow instructions by their officials to prevent a possible tragedy brought by Chedeng (Songda).” Forecasters said the typhoon, with sustained winds of 130 kilometres (80 miles) an hour and gusts of 160 kilometres an hour, was powerful enough to blow away roofs, uproot trees, damage crops and cause landslides. Forecasters said Songda was expected to bring nearly as much rain as Tropical Storm Ketsana in 2009, which flooded about 80 per cent of the capital and killed more than 400 people. Read more
May 24, 2011— MANALI, India - Devastating thunderstorm and heavy rains coupled with hailstorm on Saturday destroyed agricultural and horticultural crops in many villages in Kullu and Mandi district of Himachal. Read more
May 24, 2011 – MOSCOW — Russia has reported 421 wildfires burning in forests and peat bogs over the past 24 hours, covering an area of 116,098 hectares (450 sq miles). The fires were mainly confined to remote parts of Siberia and the Urals, with no blazes reported near Moscow and other central Russian cities. But the area on fire is twice the size of that for the same period last year. Drought, fires and smog left dozens dead and ruined crops in 2010, and there are fears of a repeat disaster. Read more
WARS, FAMINES, PANDEMICS, and EARTHQUAKES are the four riders of the Apocalypse that will claim hundreds of millions of lives in less than a decade. I believe the decade of 2010’s is this decade, and no part of the globe will be spared. When these four horsemen are riding in every corner of the earth, we can be sure that the end of this present world has begun. There is nothing anyone can do to stop it but by believing in Him who alone has determined this end a long time ago, we can be secure in the knowledge that our souls will be saved, and possibly our bodies as well. His Name is Jesus Christ.
Matthew 24:7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places. 8 All these are the beginning of sorrows.
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