World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Date: January 25, 2016

Norway’s biggest bank DNB calls for the end of cash

WEB Notes: “Over fears of illegal activity” because hey, the people will buy that line. The same line they use to try and ban firearms. To keep the criminals from having them of course. The truth of the matter is this is all about “people control” period. This is in fact another step towards world government. Is this the Beast Government of Satan? Do not kid yourself. When Satan is on the earth it will be obvious to all. Satan will claim to be Jesus Christ and show miracles before your eyes (2 Thessalonians 2:3-4, Revelation 13:13).

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Why the Black Hole of Deflation Is Swallowing the Entire World … Even after Central Banks Have Pumped Trillions into the Economy

What Do the Economists Say?

We asked three outstanding economists why central banks pumping trillions into the world economy hasn’t worked to prevent deflation.

Professor Michael Hudson – Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and economic advisor to governments worldwide – told Washington’s Blog: The debts were left in place in 2008 instead of being written down. So the economy is now in a classic debt deflation. QE seeks to inflate asset markets, not the real economy. The choice in 2008 was whether to bail out the banks or the economy — and the former were bailed out — the political Donor Class.

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ObamaCare: Drug shortages in American emergency rooms have increased more than 400 percent

WEB Notes: How is that socialized medicine working out for you?

Emergency rooms are health care’s front line – in the United States, nearly 45 out of 100 people visit an ER in any given year. But there’s an issue brewing behind the scenes in emergency medical facilities, one that can’t be fixed by a simple stitch or bandage. A new study published in the journal Academic Emergency Medicine shows that drug shortages in ERs across the United States increased by more than 400 percent between 2001 and 2014.

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Flint Residents Told That Their Children Could Be Taken Away If They Don’t Pay For City’s Poison Water

As the water crisis in Flint deepens, it is becoming apparent that the effects of the lead-infested water are not just a health hazard, but the situation has the potential of ruining many more lives outside of the poison issue. There is no denying that the water in Flint is undrinkable and that it is contaminated with lead and other substances, and it is clear that the government of Flint is responsible for the problem.

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Thousands on evacuation alert as one of world’s most dangerous volcanoes threatens to blow – Video

Hundreds Dead as ISIS Makes Gains in Strategic Syrian City

Fierce battles continue around the strategic city of Deir Ezzor in northern Syria between regime forces and the Islamic State in Iraq and Syria (ISIS), according to human rights groups.

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SandRidge On The Verge Bankruptcy: Would Be 2nd Largest Shale Chapter 11 In Past Year

As we said two days ago when looking at the paltry recoveries on their total debt that bankrupt energy debtors are generating in liquidation and bankruptcy asset sales, “the energy bankruptcy party is only just starting.” And sure enough, overnight we learned that another company is preparing to throw in the towel following a Reuters report that SandRidge Energy – a shale oil and gas producer in the Mid-Continent region of the U.S. – is exploring debt restructuring options, “as the heavily indebted U.S. oil and gas exploration and production company struggles with the fallout from plunging energy prices.”

Source: SandRidge On The Verge Bankruptcy: Would Be 2nd Largest Shale Chapter 11 In Past Year | Zero Hedge

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