Sabbath 18/9/35/120

Dear Friends,

Well, we are nearing the end of 2012 and four years on from the Global Financial Crisis (GFC) of 2008 the world economies are about to collapse once more.

The GFC in 2008 saw action taken to shore up the banks and to enable the rape of the world economies and to rearrange the global finances. Having done that, what is not understood is that the politicians seem to know what needs to be done but they know they will not be re-elected to power immediately afterwards. In 2008 having raped the economic system and made the taxpayers fund it all they were too nervous of the next step which was the centralisation of world power and government into the hands of an unelected bureaucracy of ten economic regions as devised from the Treaty of Rome from 1956/7 and agreed again in 1997 at the end of the Times of the Gentiles and the beginning of the last Thirty Years of the New World Order. These were the Ten Toes of Iron and Clay which formed the last Empire of the Beast of Daniel Chapter 2 (see the papers WWIII Part I: The Empire of the Beast (No. 299A) and WWIII Part II; The Whore and the Beast (No. 299 B)). 

The Australian journalist Alan Kohler dealt with this problem this week. It was noted that the OECD said yesterday that the world economy is slipping back towards recession. They made it clear that politicians were to blame. It is also noted that confidence is ebbing away and has been since 2010. Kohler quotes the reports as saying: "’Lack of confidence largely reflects insufficient or ineffective policy responses, both in terms of too little short-term action and a lack of credible long-term strategies.’"

The OECD says: “that's not because there's a lack of understanding about what's required, but because there's a lack of consensus.” It's considered more a lack of will than a lack of agreement.
The critical point was expressed by Jean-Claude Juncker, the prime minister of Luxembourg and Eurogroup president, who explained recently: "We all know what to do; we just don't know how to get re-elected after we do it." On Wednesday Mr Juncker hammered out yet another last-minute bailout deal for Greece.  The IMF agreed to release some more money to prevent Greece's immediate insolvency, in return for budget reduction promises that can't be met and that won't result in a sustainable budget for Greece without economic growth anyway.

Alan Kohler put it as follows: “In other words, everyone agreed, once again, to pretend for a while longer that things would be OK, which they won't be.”  That most of the world is beginning to realise.

“The decline in confidence everywhere has led the OECD to slash its growth forecast for 2013 from 2.2 per cent to 1.4 per cent. The chief economist, Carlo Padoan, adds: ‘The risk of a major contraction cannot be ruled out.’" (ibid) In summary, Greece is expected to be the worst performer on its books, with the economy shrinking by 4.5 per cent next year. It is held that in order not to default and to stay in the Euro, Greece needs a dramatic turnaround in economic growth. However, that is impossible because it is caught in an austerity loop where a fiscal multiplier larger than one is amplifying the impact on the economy of budget cutbacks.

In essence, the OECD is arguing not only for more monetary stimulus around the world to prevent another recession, but also slower budget cutbacks by governments, especially in the United States and Europe, but also possibly in Australia. Remember it was the overseas systems that urged Australia to borrow and overspend in 2008.

As we know and stated recently, in the United States, the fiscal cliff dominates the outlook and the political process. Not only must the legislation mandating tax increases and spending cuts be changed, but also there needs to be a medium-term fiscal plan to boost confidence. Both sides appear incapable of dealing with this but will be forced to compromise by January 2013.

Output in the Australian economy is forecast to grow by 3.25 per cent in 2013, but it "’remains marked by substantial sectoral disparities’". The Government may need to slow budget consolidation and will definitely need to boost "’productivity by pursuing reforms in taxation, infrastructure and innovation’".

As with everywhere else in the world, business confidence in Australia is declining as political paralysis is driving out sensible leadership. The national despair with politicians is engendered to enable the transfer of political power to the bureaucracies for the NWO but none dare say it. Household confidence is reasonably strong but just in case, the savings rate is stuck at 9 per cent and what spending there is goes on cheap imports as a result of the high dollar. The US is also enmeshed in this bind to stop its industrialisation.

The political challenges in Australia and around the world are truly enormous: governments have to reduce horrendous levels of debt and large budget deficits while dealing with the social disruption caused by widening inequality, as well as the problem of climate change. As we all know climate change will come upon us no matter what we do as it is not man-made or caused by any human activity but is solar induced and is merely exacerbated by human activity in pollution.
As we saw in 2008, the threat of a global economic catastrophe produced a remarkable global response of coordinated fiscal and monetary action.

Alan considers that it worked incredibly well, but says that “while economic growth resumed and private debt was reduced, the increased public sector debt offset the reduction and four years later the resulting pressures on governments, and the fact that they either don't know what to do or simply can't bring themselves to do it, are such that the global economy is failing once more.”
The politicians are kept from acting to stop the collapse as it is planned and is to occur so that the NWO can be manipulated into place. Their behaviour is as though blindness has come upon them and they are destroying our people through lack of vision and inability to act to save the people from worldwide imprisonment and economic enslavement to this final “Empire of the Beast.”

It will occur as prophesied and it is being brought into operation now as we watch in helplessness as the entire world is brought into the position where the national leaders give their power to the Beast as prophesied and the nations are reduced to puppets under the satraps of the Babylonian system. It is also no coincidence that the Roman Whore raised the number of voting cardinals this year to 120 in accordance with the Empire of the Beast as it was reorganised under the Medo-Persians in the Torso of Silver.

Remember it was at Granicus in 334 that the He-goat ran at the Persian Ram and power passed to the Greeks and Macedonians from 334 at Granicus and then at Ipsus and in 331 at Gaugamela. 2300 years later, in 1967, Jerusalem was retaken. The period ran from 1967 to 2007 for repentance and then the destruction of the earth was taken up so that the wars in the Middle East and involving Jerusalem then accelerated. Firstly the economic system was destroyed coming in to crisis in 2008 and then continued to be organised by the world’s banking system so that by 2012 it would come into total crisis and have to be completely taken over by the Beast system from 2013. It will enslave the world until the coming of the Messiah and total world conflict until 2025 and the treble harvest of the Jubilee period and then peace will be enforced from 2026-2027 in the 120th Jubilee.  All this activity will take one time cycle of 19 years.

Satan will be in the pit at the coming of the Messiah at least seven years before the Jubilee of 2027. Pray that is soon.

Wade Cox
Coordinator General