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Audio
- Satan's Ambition
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- Why No Joy
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- Greatest Single Issue of our Generation
- salvation.
Video
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- Billy Graham Denies That Jesus Christ is the Only Way to the Father
- Emerging Church & Intersprituality Preview
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- Creation Vs Evolution Part 1 of 4
- Creation Vs. Evolution Part 2 of 4
- Creation Vs. Evolution Part 3 of 4
- Creation Vs. Evolution Part 4 of 4
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- The Awful Reality of Hell
- Conception - How you are Born - Amazing
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- Searching the Truth Origins Preview 2
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- Searching the Truth for Origins 3
- Emerging Church & the Road to Rome
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- Another Jesus 3 of 7
- Another Jesus 4 of 7
- Another Jesus 5 of 7
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- Evolution Fact or Fiction - Part 1
- Evolution Fact or Fiction - Part 2
- Evolution Fact or Fiction - Part 3
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Special Interest
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- The World is to Blame
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- New Neutralism Ch 10-11
- New Neutralism Ch 12-13
- New Neutralism Ch 4 -6
- New Neutralism Ch 7 - 9
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- Darwin's Errors Pt. 1
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- The Tract
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Daily News
14855
“World Facing Worst Financial Crisis in History, Bank of England Governor Says”
by The Telegraph - James Kirkup
October 7th, 2011
by The Telegraph - James Kirkup
October 7th, 2011
The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night.
Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession.
Economists said the Bank’s decision to resume its quantitative easing [QE], or asset purchase programme, showed it was increasingly fearful for the economy, and predicted more such moves ahead.
Sir Mervyn said the Bank had been driven by growing signs of a global economic disaster.
“This is the most serious financial crisis we’ve seen, at least since the 1930s, if not ever. We’re having to deal with very unusual circumstances, but to act calmly to this and to do the right thing.”
