The world turned to Germany during the G8 meetings at Camp David! “Only the German taxpayers can foot the bill to sustain the Euro” was the consensus. Prophecy foretells that Germany would dominate Europe and eventually cause world war for a third time in modern history!
As a forerunner to this Britain would become dependant on Germany during a time of British weakness! This is exactly where Britain stands today, with it’s industrial output dependant on the E.U. to still take 44% of British exports even after they separate themselves from the European Union in accordance with the Brexit vote! The final German reaction will be a disastrous outcome for the British!
The Cyprus 2012 meeting seemed to indicate more economic stability, but both Europe and the U.S. have resumed their practice of increasing the money supply by printing more and more Euro’s and Dollars! The U.S. money supply has already been increased by one third! A very dangerous practice given the fatal examples in world history!
World economic stability depends on the success of the European Economy, as does U.S. economic stability. The default of European countries would cause a no growth World Economy! Greece is taking the right steps temporally at least, but the Greek economy has no real way out of the debt dilemma in which they find themselves, and ironically much of the Greek debt is owing to British banks!
Even the expansion in the Chinese and Indian Economies depend on Europe’s ability to sustain the European economy and the Euro in order to buy their products. The continuing strength of the U.S. export economy depends on it’s 20% of exported product, which includes corn and wheat, now affected by the worsening drought, since the end of World War Two, U.S. exports have fallen from 40% to 20%.
Librarian’s Comments contains several reports on G8 and G20 meetings. See the short, but most informative ‘Germany in Prophecy’ on Library Page 1.