UK Finances to Sink
Palace of Westminster in London
The British economy was in the news again today:
UK to sink further into red than any major country, warns OECDThe UK is predicted to sink further into the red than any other major developed country next year, according to the Organisation for Economic Co-operation and DevelopmentTelegraph – June 24, 2009The fiscal deficit is expected to rise to 14 per cent of economic output in 2010, compared to an average of 8.75 per cent in the 30 most developed markets, it says in a report.
The OECD warned that “public finances have deteriorated sharply” since the beginning of the recession and called on the UK to continue to develop “a strong and credible” framework for reducing the ratio of debt to output.
“To improve stability, the government should continue to develop a concrete and comprehensive plan to ensure that debt is on a declining path once recovery takes hold,” the OECD said.
The organisation said the state of the UK’s balance sheet meant the possibility of extra stimulus to the economy was curtailed. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5621678/UK-to-sink-further-into-red-than-any-major-country-warns-OECD.html
The UK, along with the USA, has a major debt problem. And while leaders from both nations will claim that they will be able to turn this around, the reality is that biblical prophecy suggests that this will not happen. And that both of these highly indebted nations will be taken over and the peoples made slaves.
But this will not happen until at least 2012.
Some articles of possibly 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?
Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests? This is the longest and most complete article on this page on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”, based up an early 20th century writing.
End of Mayan Calendar 2012–Might 2012 Mean Something? Are there Mayan calendar predictions for change in 2012? Changes were centuries ago predicted by the Hopi Native Americans. Do Mayan/Hindu/Hopi/Buddhist/New Age/Nostradamus prophecies have any value here? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
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