MidnightWatcher – Prophecy in Motion

By Rosa Prince, The Telegraph – “Vince Cable has warned that Europe could be plunged into war if the crisis in the eurozone results in the collapse of the currency.

The Liberal Democrat Business Secretary said that the potential consequences of the failure of the Euro were ‘incalculable’ and that there was ‘no automatic guarantee’ that the continent would not disintegrate into conflict.

His comments come days after the Nobel Peace Prize was awarded to the European Union in recognition for its success in warding off conflict since the Second World War.

Speaking at the Cheltenham Literary Festival, Mr Cable said: ‘I think we need to take stock that if the eurozone were to unravel in a way that destroyed the European project – and there is a risk that could happen – the consequences would be absolutely incalculable.

‘We tend to forget, until we were reminded last week of that Nobel Prize, the European project was constructed in order to rescue Europe from extreme nationalism and conflict. There is no automatic guarantee that won’t return.’

David Cameron has said that the ongoing crisis in the Eurozone will present an opportunity for Britain to renegotiate its relationship with the EU.” Read more.

The World’s Largest Economy Is On The Verge Of Collapse – “A devastating economic depression is rapidly spreading across the largest economy in the world.  Unemployment is skyrocketing, money is being pulled out of the banks at an astounding rate, bad debts are everywhere and economic activity is slowing down month after month.  So who am I talking about?  Not the United States – the economy that I am talking about has a GDP that is more than two trillion dollars larger.  It is not China either – the economy that I am talking about is more than twice the size of China.  You have probably guessed it by now – the largest economy in the world is the EU economy.  Things in Europe continue to get even worse.  Greece and Spain are already experiencing full-blown economic depressions that continue to deepen, and Italy and France are headed down the exact same path that Greece and Spain have gone.  Headlines about violent protests and economic despair dominate European newspapers day after day after day.” Read more.