"March 21st, 2013 is getting close, and history is accelerating fast"
Foreign Policy: The Coming Oil Crash June 20th, 2012
The world's petro-rulers, who are watching the price of oil- their life blood - plunge at a rate they have not experienced since the dreaded year 2008. Industry analysts are using phrases such as "devastation" and "severe strain" to describe what is next for the petro-states should prices plummet as low as some fear. No one is as yet forecasting a fresh round of Arab Spring-like regime implosions. But that's the nightmare scenario if you happen to run a petrocracy. The state budgets of Iran, Russia, and Venezuela, all require more than $110-a-barrel Brent prices to break even, anything less, and their economies falter.
It all lines up, first Deflation, then lawlessness breaks out, then the new currency -Revelation 13:18
Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six. Definition of 'Deflation' A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of inflation, deflation has the side effect of increased unemployment since there is a lower level of demand in the economy, which can lead to an economic depression.
Propping up those banks, will they have time before the next disaster? -
EU leaders to vow July 9th start for ESM permanent bailout fund- June 21st, 2012