RE: [FamilyofGod] WILL THE EURO SURVIVE?
Its sad but most of the countries are in trouble and the only solution is in God. If they turn to God as a nation they will survive.
-----Original Message-----
Date: Friday, January 06, 2012 9:13:02 pm
To: familyofgod@yahoogroups.com
From: "Bruce Porteous" <bruceport@xtra.co.nz>
Subject: [FamilyofGod] WILL THE EURO SURVIVE?
WILL THE EURO SURVIVE?
Will the Euro survive the current crisis? Will the crisis lead to new European political alliances? What will be the shape of the new Europe, and what will its impact be on the global economy?
The current crisis in this continent will not be resolved until the political differences affecting the management of the Euro are sorted. Recent summit crisis talks by EU leaders will not resolve the current economic crisis in Europe until political and fiscal reforms are introduced to form a single European Federal Government.
Only by political integration will the Euro be saved.
WHAT HAS CAUSED THE CURRENT CRISIS?
For years most of the Western Democracies have been living beyond their incomes?with governments relying on printing or borrowing money to fulfil election promises. To win elections, political parties have routinely bribed voters with promises that their countries could not afford. On entering the Eurozone, member states were no longer able to print money to meet their
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