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View Full Tract ListRumor on Wall Street has it that there is going to be a very important decision this week end that will involve the "global" banking system. Many or all of the central banks in the world will be involved in an attempt to resolve the world's sovereign debt crisis, they say. An economist from Cantor Fitzgerald tells us this in a Fox News interview here:
http://video.foxbusiness.com/v/1149546801001/buy-stocks-that-benefit-from-inflation/
He was likely speaking of the economic summit of the G7 countries that begins today (Friday).
http://news.yahoo.com/g7-seek-ways-prop-global-economic-growth-source-175347280.html
So the question is: will they bring out the same old tired policies that have served as bandaids on a fatal wound? Don't expect them to do away with the debt-money system. But it makes one wonder if such a "global solution" might be the long-awaited revaluation of the Iraqi dinar, which has long been expected to "bail out" the nations of the world with a fresh influx of new cash.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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