Gail (19
Dec 2011)
"History repeating itself"
From my October 2011, it's a small world post-Revelation- 17:16
And the ten horns which you saw upon the beast, these shall hate the harlot, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire
I researched alot. I had to understand how the United States of America could be destroyed.
My research took me to the Great Depression.
Crowd gathering on Wall Street after the 1929 crash.The Wall Street Crash of October 1929, also known as the Great Crash.
Alot of fraud preceded the crash of October 1929.
Through much research I gathered a Trade War would be in the offing.
IMF chief warns of new Great Depression
12/16/11
“If the international community does not work together, the risk from an economic point of view is that of retraction, rising protectionism, isolation. This is exactly the description of what happened in the Thirties and what followed is not something we are looking forward to," Lagarde said in a speech delivered to the US State Department on Thursday (15 December).
She said eurozone countries "obviously" need to make "adjustments" in order to overcome the debt crisis, but also appealed to non-European donors, just one day after the US Federal Reserve said it had no plans in contributing to a eurozone bail-out.
“It is really that Gordian Knot that needs to be cracked, that needs to be addressed as collectively as possible, starting with those at the centre but with the support of the international community probably channelled through the IMF,” Lagarde said.
Russia has been so far the only country to come forward, pledging to support the IMF eurozone bail-out with $10 billion. Germany's central bank meanwhile has said it will agree to pay its share of the €200 billion sum - €45 billion - only if non-EU countries participate as well.
Neither is Europe's Central Bank willing to step up its bond purchasing programme to alleviate market pressure on Italy and Spain.
I have posted over and over about the coming Monstrous Trade War.
From the European Union External Action-
EU Ambassador João Vale de Almeida Addresses the Washington International Aviation Club - December 14, 2011
I would like to talk about the EU-US aviation relationship and also to explain how important aviation is to our overall economic health on both sides of the Atlantic and all quarters of the globe. The figures of our bilateral relationship remain striking. The EU and US economic relationship is quite simply the largest artery in the world, counting for more than 50% of world GDP and more than1/3 of world trade. Around 15 million jobs depend on transatlantic trade and investment.
Within this vibrant relationship, aviation is fundamental to transatlantic investment, trade and tourism flows. Air transport lies at the heart of modern, globalised economies: Over 5.5 million workers are employed directly in the industry worldwide. If aviation was a country, it would rank 21st in the world in terms of Gross Domestic Product (GDP), generating US$425 billion of GDP, and would make it a very promising candidate member for the G20…
A total of 2.5 billion passengers and approximately 50 million tonnes of freight are flown worldwide annually. Around 60% of this global aviation activity takes place between the EU and the US . Eleven out of the top twenty airlines are either American or European.
These figures underline the enormity of the stakes in the trans-Atlantic aviation relationship, on both aviation and the wider economic relationship, and put into context the scale of the challenges we face.
Mid-Point - March 21st 2013
God Blessgail