James Turk: The Banking System is on The Verge of Collapse!

• The world is heading towards a global economic, financial and monetary meltdown. This Illuminist engineered crisis is to drive the world to a New Monetary/Financial/Economic World Order, Luciferian World Government and Global Supra-National Central Bank (very likely a IMF 2.0). The Euro, UKP, JPY … and finally the USD will all collapse. Minor currencies will not survive the hyper-inflation onslaught.
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• The Illuminist will use this crisis to introduce their One World Currency backed by gold. They have much of the western world in their pocket and also: Japan, South Korea, ANZ, Singapore, Central America …etc. They are confident that as much as 70% of the world economy will switch to this new Luciferian Monetary Hegemony. For those countries who refuse to, war is coming to their shores!
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  Daniel 7:23 (New King James Version)
  23 “Thus he said: ‘The fourth beast shall be A fourth kingdom on earth, Which shall be different from all other kingdoms, And shall devour the whole earth, Trample it and break it in pieces.
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• Interesting article from www.kingworldnews.com :
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  James Turk – The Banking System is on the Verge of Collapse! 
  ” … people (in Europe) are really frightened about the possibility of a collapse of the euro.  Money continues to move out of the European banking system, which explains why central banks stepped in with some money printing last week.
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  The story goes that a large French bank could not obtain funding and was on the verge of collapse.  When a depositor withdraws money from a bank, the bank has to turn to other sources of funding or reduce its assets.  Given the nervousness about insolvency concerns at many banks today, banks have few funding alternatives.  Consequently, last week’s stop gap measure by the central banks is probably going to be short-lived. … History has shown that over-indebted countries always destroy their currency.”

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