Los Últimos Días / The Latter Days

Este es un Blog que postea las noticias diarias que reflejan la inminente venida del Mesías de Israel para restaurar su Reino en la tierra / This is a Blog that posts the daily news which reflect the inminent coming of Israel's Messiah to restore his Kingdom on earth

Cuando estas cosas comiencen a suceder, miren y levanten la cabeza; porque su redención está cerca” / When these things begin to take place, stand up and lift up your heads, because your redemption is drawing near

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mayo 20, 2010

Europe may introduce One World regulatory bank system, wealth redistribution

Disgruntled Germans call it “transfer union.” And they aren’t convinced that their portion of the 440 billion bailout for Greece and other euro zone countries will be limited to the present quote of 150 billion euros, even though the IMF and European Commission are supposed to contribute. Their deepest concern, according to a Financial Times article that www.cnbc.com posted on Thursday, is that they will end up shouldering the “entire burden of debt guarantees.” What Americans would call “transfer of wealth” is named “transfer union” by the Germans because it involves taking the money of the more financially stable German taxpayers and transferring it to European Union member countries that didn’t exercise more fiscal responsibility.

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