There are times we just have to follow the news. Spaniards are leaving the country in mass and money is being pulled out as we speak. The European Central Bank (ECB) is at war with its member states, and the EU is leaderless as the EU is getting close to self destruction. I will tweet as news comes available, but this is one of those moments where we have to see how this plays out.
I really don't think any EU country will exit the Euro-Zone due to prophecy and the fact it would cause an economic meltdown. Remember, the antichrist heals the wound of the beast and the world will marvel. Expect an economic downturn that will put fear into people, but not major meltdown. The antichrist will come in to save the world temporarily from the economic meltdown, and then it all falls apart in the end. As the world turns against Israel, Genesis 12 comes to fulfillment more every day. Time will tell, but we may be in for a very interesting ride as the world turns against Israel, and God turns against the world. Those that curse shall also be cursed, but those who bless shall be blessed by God.
Genesis 12: 1-3
"Now the Lord said to Abram,
"[a]Go forth from your country,
And from your relatives
And from your father's house,
To the land which I will show you;
2 And I will make you a great nation,
And I will bless you,
And make your name great;
And so [b]you shall be a blessing;
3 And I will bless those who bless you,
And the one who [c]curses you I will [d]curse.
And in you all the families of the earth will be blessed."
Europe is approaching a crisis as the region's debt crisis and austerity measures increase the rates of depression, suicide and psychological problems - just as governments cut healthcare spending by up to 50 percent, according to campaigners, policy makers and health organizations.
A growing number of global and European health bodies are warning that the introduction and intensification of austerity measures has led to a sharp rise in mental health problems with suicide rates, alcohol abuse and requests for anti-depressants increasing as people struggle with the psychological cost of living through a European-wide recession.
ANOTHER NEWS LINK
It is, Julio Vildosola concedes, a very big bet.
After working six years as a senior executive for a multinational payroll-processing company in Barcelona, Spain, Mr. Vildosola is cutting his professional and financial ties with his troubled homeland. He has moved his family to a village near Cambridge, England, where he will take the reins at a small software company, and he has transferred his savings from Spanish banks to British banks.
"The macro situation in Spain is getting worse and worse," Mr. Vildosola, 38, said last week just hours before boarding a plane to London with his wife and two small children. "There is just too much risk. Spain is going to be next after Greece, and I just don't want to end up holding devalued pesetas."
Mr. Vildosola is among many who worry that Spain's economic tailspin could eventually force the country's withdrawal from the euro and a return to its former currency, the peseta. That dire outcome is still considered a long shot, even if Spain might eventually require a Greek-style bailout. But there is no doubt that many of those in a position to do so are taking their money ? and in some cases themselves ? out of Spain.