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- Counterfeit Christianity
- The Challenge Of Bible Christianity Today
- Three Men On The Mountain
- Greatest Single Issue of our Generation
- Bob Creel The Death Of A Nation
- Earth's Darkest Hour
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Must Read
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- _Separation
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Pre-Millennialism
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Audio
- Satan's Ambition
- Counterfeit Christianity
- Three Things We All Must Do
- Two Coming Rulers
- Why No Joy
- Message Of Encouragement
- Greatest Single Issue of our Generation
- salvation.
Video
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- Atheism's Best Kept Secret
- Milk From Nothing
- Repentance and True Salvation
- Giana Jesson in Australia - Abortion Survivor - Pt. 1 & Pt 2
- Billy Graham Denies That Jesus Christ is the Only Way to the Father
- Emerging Church & Intersprituality Preview
- Israel, Islam and Armageddon 6 Parts
- Blasphemous Teachings of the 'emergent Church
- Megiddo 1 - the March to Armageddon
- It's Coming, the New World Order
- 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
- Billy Graham Says Jesus Christ is not the Only Way
- Wide is the Gate
- A Debate: Mariology: Who is Mary According to Scripture?
- The Awful Reality of Hell
- Conception - How you are Born - Amazing
- Atheist's Best Kept Secret
- Why Kids are Becoming Obsessed With the Occult
- Searching the Truth Origins Preview 2
- Searching for Truth for Origens Preview 1
- Searching the Truth for Origins 3
- Emerging Church & the Road to Rome
- Another Jesus 1 of 7
- Another Jesus 3 of 7
- Another Jesus 4 of 7
- Another Jesus 5 of 7
- Gay Marriage is a Lie - to Destroy Marrriage
- Another Jesus 6 of 7
- Another Jesus 7 of 7
- Evolution Fact or Fiction - Part 1
- Evolution Fact or Fiction - Part 2
- Evolution Fact or Fiction - Part 3
- The Most Heartrending Abortion Testimony You ll Ever Hear, from a Former Abortionist
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- A Lamp in the Dark: Untold History of the Bible - Full Documentary
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Special Interest
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- Destruction of Damascus?
- Peace and Safety?
- The Emerging Church
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- Child Sacrifice
- Outside the Camp
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- The Present Apostasy
- The World is to Blame
- How to Give Assurance of Salvation Without Conversion
- New Evagelicalism
- New Neutralism Ch. 1 - 3
- New Neutralism Ch 10-11
- New Neutralism Ch 12-13
- New Neutralism Ch 4 -6
- New Neutralism Ch 7 - 9
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- Rock Music and Insanity (Excerpts)
- Preview of the Coming of the One World Religion for Peace:
- Muslims Invoke the Name of Jesus?
- A Sin Problem Rather Than a Skin Problem
- Scientific Evidence for the Flood
- Another Step to Rebuilding the Temple - Holy of Holies Veil Being Recreated
- Darwin's Errors Pt. 1
- Eastern Mysticism
- George Muller's rules for discerning the will of God
- The Tract
- The Church and the World Deceived
- Ye Must Be Born Again
- The Call of Abraham
by EUobserver.com - LEIGH PHILLIPS
April 21st, 2010
A Citigroup note to clients has warned that the eurozone is likely to fall apart unless the European Union's member states fuse both on the fiscal and political level.
"Europe needs to stand up and decide if it is going to be a ‘United States of Europe' or a ‘patchwork quilt' of independent states," reads a note by Tom Fitzpatrick, chief technical analyst at Citigroup in New York, first seen by Bloomberg.
The financial services firm, the largest in the world and one of America's big four banks, says that if such integration is not on the cards, the euro area is "doomed" even if the current Greek crisis is resolved.
"Without a preparedness amongst the major nations - Germany in particular - to head in this direction, we fear that the euro as a common and expanding single currency will inevitably be doomed," the analysis continued.
In February this year, hedge fund wizard George Soros also warned the eurozone was bound to break up without fiscal union.
"A makeshift assistance should be enough for Greece, but that leaves Spain, Italy, Portugal and Ireland. Together they constitute too large of a portion of the Euroland to he helped in this way…The survival of Greece would still leave the future of the Euro in question," he told the Financial Times.
"The construction is patently flawed. A fully fledged currency requires both a central bank and a treasury. The treasury need not be used to tax citizens on an everyday basis, but it needs to be available in times of crisis," he said. "When the financial system is in danger of collapsing, the central bank can provide liquidity, but only a treasury can deal with problems of solvency."
"This is a well-known fact that should have been clear to everyone involved in the creation of the euro."
The euro has slid 6.1 percent against the US dollar this year.
Art's Commentary....Here comes the Revived Roman Empire.
