Will the COVID-19 Pandemic Lead to a New System that could Result in a New Global Economic World Order?....And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Revelation 13:17
"Trillions of dollars of bank notes tied to ever-growing mountains of un-payable national debts has taken on a life of its own over the years. As the post-1971 years rolled by, society increasingly lost a sense that this human invention called “money” was created to serve humanity rather than rule it, and with that lost sense, money became an idol of worship.
This ripping away took the form of an international pandemic which has resulted in western nations’ economies grinding to a halt with a new $2 Trillion government emergency spending bill unveiled on March 24.
Governments across the Trans-Atlantic have also announced national interventions into banks and private industry in order to force production quotas of vital equipment like ventilators, masks and other medical necessities to meet the increased demand. Banks in Spain have been nationalized (albeit only “temporarily”) to force finance to act in accordance with the needs of society. In America, the Defense Authorization Act and broader War Powers Act passed by President Trump gives the executive broad powers to take over vital industries if needed in order to mobilize the nation to respond to the crisis.
With the mass panic and economic shutdown instigated by COVID-19, markets have lost over 30% of their value and fears of a new great depression have spread far and wide. Rather than impose serious bank regulation like Glass-Steagall to break up the commercial from speculative banks as was done in 1933, the American government has merely unleashed unlimited money printing."
ZeroHedge
"Trillions of dollars of bank notes tied to ever-growing mountains of un-payable national debts has taken on a life of its own over the years. As the post-1971 years rolled by, society increasingly lost a sense that this human invention called “money” was created to serve humanity rather than rule it, and with that lost sense, money became an idol of worship.
This ripping away took the form of an international pandemic which has resulted in western nations’ economies grinding to a halt with a new $2 Trillion government emergency spending bill unveiled on March 24.
Governments across the Trans-Atlantic have also announced national interventions into banks and private industry in order to force production quotas of vital equipment like ventilators, masks and other medical necessities to meet the increased demand. Banks in Spain have been nationalized (albeit only “temporarily”) to force finance to act in accordance with the needs of society. In America, the Defense Authorization Act and broader War Powers Act passed by President Trump gives the executive broad powers to take over vital industries if needed in order to mobilize the nation to respond to the crisis.
With the mass panic and economic shutdown instigated by COVID-19, markets have lost over 30% of their value and fears of a new great depression have spread far and wide. Rather than impose serious bank regulation like Glass-Steagall to break up the commercial from speculative banks as was done in 1933, the American government has merely unleashed unlimited money printing."
ZeroHedge