British Pound Under Pressure

Palace of Westminster in London

The British pound seems to be under pressure according to news reports today:

First a Plunging Euro, Now a Plunging Pound?

http://www.bloggingstocks.com/2010/03/03/first-a-plunging-euro-now-a-plunging-pound/

How Safe Is Britain’s Proud Pound?

Spiegel – March 3, 2010

First the euro, now the pound. Britain’s currency is coming under massive pressure as speculators bet that the UK’s national debt will soon get out of hand. Like Athens, London has its share of problems — and the Brits don’t have any euro zone partners to back them up…

http://www.spiegel.de/international/europe/0,1518,681597,00.html

It is likely that the UK, Canada, Australia, New Zealand, and the USA will make some type of trading deal in the future.

However, the debt of the Anglo-descended nations is such that short of national repentance fairly quickly, this debt will contribute to their ultimate demise (cf. Habakkuk 2).

A report out late last year (see UK May Have Debt Crisis in 2012) suggested that Britain may have a major debt crisis in 2012.

Two articles of related interest may include:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first? What happens to the highly indebted nations?
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This also has YouTube videos related to 2012. The book contains documented prophecies as well as an end time sequence of events that Christians should study and understand. Including the role of the USA & UK and how they are (presuming no national repentance) destined for destruction according to end time biblical prophecy.