New Eurozone Fears as Banks Stash Cash at Record Levels!

• The Illuminist plan is for a global economic, financial and monetary collapse leading to World War 3. The progression of this coming collapse appears to be: start in the PIIGS, spread to UK and the rest of Europe, Japan …. and finally USA. Asia will not be spared. China will tank as it relies mainly on exports.
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• The Illuminists are lining up their forces in the Middle East for the start of their Satanic World War 3 Plan. Once the global collapse starts, World War 3 will just be 3-6 months away. They want a world war as a distraction from the economic woes and as a means of killing off their enemies ie. the sheeple. They want to lay the foundation of global chaos, economic collapse, social collapse, famine, violence, deaths, pestilence … global wars. All of these are to prepare the sheeple for the coming of the white horseman, the fake messiah, the Anti-Christ, the Bringer of false peace of Revelation 6. This man of the hour will arrive on the scene and bring about peace via a covenant (peace treaty) with many countries for 7 years!
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  New eurozone fears as banks stash cash at record levels! 
  By Simon Watkins And Dan Atkinson, http://www.thisismoney.co.uk/ 
  Banks in the eurozone are hoarding cash at record levels.
  Official figures from the European Central Bank showed that a massive 455.23billion euros (£375billion) was left on deposit at the bank at the end of last week, the highest level ever. Deposits have stood at an average level of less than 100billion euros over the past year, but have been increasing over recent days.
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  The cash deposits are seen as a key sign of fear among banks, which would rather keep cash at the ECB earning practically no interest than risk lending it to each other. The ECB’s governing council, which will meet in Frankfurt on Thursday, is expected to discuss the growing paralysis in the banking system as well as the mounting financial crisis in Hungary.
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  Although outside the eurozone, Hungary’s crisis is fuelling fears of a domino effect that might hit banks throughout the single currency region and beyond. The country is in urgent need of emergency loans from the International Monetary Fund, but the IMF has become unnerved by the unorthodox economic policies pursued by the government in Budapest, led by Prime Minister Viktor Orban.
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  Government bonds have been cut to junk status by credit rating agencies amid fears that Hungary may not be able to agree the terms for more emergency funding from the IMF and may default on its debts. Shares in Austrian banks, which have the biggest exposure to Hungary, fell sharply last week.
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  Italy’s banks are also major lenders to Hungary, and its largest, UniCredit, is already under intense pressure because of its plans to raise 7.5billion euros by issuing new shares. The cash is needed to meet capital targets set by the European Banking Authority that are designed to ensure Europe’s banks can weather a major crisis. UniCredit investors were unnerved by the plan and its shares slumped by a third last week.
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  … for more click here!

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