End Times and Current Events
May 17, 2021, 03:09:29 pm
Welcome, Guest. Please login or register.

Login with username, password and session length
News: "Search the scriptures; for in them ye think ye have eternal life: and they are they which testify of me." John 5:39 (KJB)
  Home Help Search Gallery Staff List Login Register  

Watch Germany

August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
View Shout History
Pages: [1]   Go Down
Author Topic: Watch Germany  (Read 1481 times)
Psalm 51:17
Global Moderator
Hero Member
Offline Offline

Posts: 28357

View Profile
« on: June 12, 2012, 10:59:34 pm »

Angela Merkel: She’s Got the Whole World, In Her Hands


The sovereign debt crisis in Europe has crippled economies, nations and financial institutions and is threatening to destabilize global markets. Yet one woman may hold Europe's — and the world's — fate in her hands: German Chancellor Angela Merkel.

Merkel's stark vision of austerity has come under intense scrutiny and has been increasingly challenged as the euro zone falls deeper into recession. A restive populace, frustrated with budget cuts and rising unemployment, is fighting back, ousting former Merkel allies like France's Nicolas Sarkozy and electing government leaders that oppose harsh austerity measures.

On June 17, Greek voters will answer the question that has rattled global markets for months: will it stay or exit the 17-member euro zone?

Greece's problems are not endemic; Portugal and Ireland have received billion dollar bailouts and Spain announced over the weekend that its teetering banking sector would be injected with up to $125 billion in EU funds. Euro zone banks may be at risk of tipping the region into financial ruin but this crisis has already deeply impacted the lives of millions of Europeans since the crisis began two years ago. Unemployment in the euro zone was 11 percent in April, the highest it has been since 1995. Spain's labor market has experienced unprecedented losses and half of the nation's young adults cannot find work. The EU's debt crisis threatens not only Europe's economic future but the financial destiny of the U.S. and Asia too.

"Europe is really the single-biggest uncertainty hanging over the world economy and one country more than any other country has the power to kind of dispel that shadow and that's Germany," says Zanny Minton Beddoes, economics editor for The Economist. "[Merkel] is the single-most important person in terms of where the world economy is going in the next few months."

In the accompanying video, Minton Beddoes provides a blueprint for what she believes could be the solutions Merkel and her political partners need to embrace.

Merkel's austerity approach has broadened to include more growth initiatives over the past few months Minton Beddoes notes, but the German Chancellor still insists that austerity will produce the desired results.

Instead, Minton Beddoes says Merkel should be encouraging the euro zone to create a banking union with euro-wide deposit insurance. She also recommends debt mutualization — or limited euro bonds — that would allow lagging countries like Greece and Italy to reduce their debt burdens and allow their economies to grow gradually.

On paper these ideas may sound like the right solutions, but convincing an intensely skeptical electorate that they're best for everyone may be the toughest challenge yet for Merkel.

"Will she have the political courage to put forward policies that aren't popular with a large chunk of her electorate?" asks Minton Beddoes. "In Germany, the sense of crisis is not imminent. There is still a prevailing sense in Germany that this is a crisis in southern Europe which a whole load of profligate people had coming to them."

Merkel has insisted that she does not want to break up the euro zone. "I have the will, the determination to keep Greece in the euro zone," she said in an interview with CNBC last month. "I think it would be good for Greece, it would be good for all of us."

Merkel's rhetoric may be resolute, but her mixed messages and indecision have allowed the euro zone to fall further into despair.

"She hasn't stepped up to the plate and taken on that position leading Europe forward," Minton Beddoes adds. Germany has "no sense" of a looming catastrophe and "what the costs would be if the euro falls apart."
Report Spam   Logged
Pages: [1]   Go Up
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
Free SMF Hosting - Create your own Forum

Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy