www.prophecynewswatch.com By BRITT GILLETTE/END TIMES BIBLE PROPHECY
As the global economy wrestles with rising fuel and food prices, several financial executives have warned of further trouble ahead. In early June, JPMorgan Chase CEO Jamie Dimon warned of trouble in the weeks and months to come, comparing the current financial landscape to the time just before a hurricane hits. “It’s a hurricane,” he said. “Right now, it’s kind of sunny, things are doing fine, everyone thinks the Fed can handle this. That hurricane is right out there, down the road, coming our way. We just don’t know if it’s a minor one or Superstorm Sandy or Andrew or something like that. You better brace yourself.”
This is the situation we find ourselves in following decades of fiscal and monetary policy mismanagement. All the world’s major economies use fiat currencies, meaning nothing backs their currencies except faith in the governments behind them. Central banks, such as the Federal Reserve, oversee monetary policy, and their policies have brought us one crisis after another…
