‘Business as Usual’ – Peace / Safety / Destruction / Economic Collapse
Jesus said the coming of the Son of Man will be just like the days of Noah (Matthew 24:37-39). The thing about the days of Noah is that even in the midst of terrible apostasy, evil, violence, and rebellion against God, the people went ahead with their normal lives. They planted fields, they harvested crops, they built houses, they got married, and they had children. They went about business as usual, until the very day that Noah entered the ark, and then destruction came and took them all away
1 Thessalonians 5:3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.
Revelation 13:16-17 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Business as Usual? Convergence of Economic Signs: Macron hit by huge blow – unexpected economic slump in France sparks fears over Brexit shockwaves
EMMANUEL MACRON has been hit by a huge blow, after the French economy recorded a surprise slowdown – sparking alarm in the major EU country about the consequences of Boris Johnson’s no deal Brexit.
By OLI SMITH PUBLISHED: 00:00, Wed, Jul 31, 2019 | UPDATED: 15:41, Wed, Jul 31, 2019. Express.co.uk
French President Emmanuel Macron has been stunned by a dramatic weakening of the economy – amid fears of an imminent euro plunge. The French economy has almost ground to a complete halt, with concerns that a hard Brexit could spark an economic crisis throughout the eurozone. The French office of national statistics revealed the country’s economy stagnated in the second quarter of 2019.
The figures show an unexpected weakening of the country’s economy, growing by a lower-than-forecast 0.2 percent.
The surprise slump will come as a shock for Mr Macron, who has cut taxes and announced a huge 17 billion-euro (£15.5bn) stimulus in response to the Yellow Vests protests.
The Yellow Vests have wreaked havoc during President Macron’s first term, after starting out as a protest against a planned hike in fuel taxes.
The movement exploded into a broader revolt against income inequality, with weekly demonstrations held every Saturday that have at times turned violent.
In another warning sign to Mr Macron, furious French farmers vandalized a government office in Paris amid outrage over the EU’s trade deal with Canada.
US President Donald Trump has also punished his French counterpart recently, after Mr Macron signed a tax against huge US internet companies Google and Facebook.
In response, the US administration threatened to slap tariffs on exports of French wine.
Junior economy minister Agnes Pannier-Runacher tried to downplay the fears, claiming that the French leader’s tax cuts won’t have an impact until early next year.
She said: “At this stage, there is no reason to be anxious about our pace of growth.”
However, other experts are concerned that the recent manufacturing slowdown could “infect” the rest of the French economy.
European Central Bank President Mario Draghi has warned that the outlook in Europe is going to get “worse and worse”.
The eurozone has already been struck by a huge slump in Germany, which is Europe’s biggest economy.
According to the German Bundesbank, Angela Merkel’s economy likely contracted.
There is concern in Europe that Boris Johnson’s threat of a no deal exit from the EU could worsen the already-gloomy outlook.
Bloomberg’s Dani Burger said: “There is a gloomy picture for Europe. The trend in the euro area is just falling.”