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October 1, 2008

A New International Financial System

A new international financial system is in the works. That's right, this article from yesterday confirms what we have suspected and reported on for the past week or so.

French President Nicolas Sarkozy on Monday battled to contain fallout from the global financial crisis, moving ahead with plans for a world summit and calling a meeting of French banking and insurance chiefs.

France will host a meeting of European officials to prepare a summit "in the coming weeks to establish the basis of a new international financial system," said Sarkozy, whose country holds the presidency of the European Union.

Officials from Britain, France, Germany and Italy - the EU members of the G8 - will meet in Paris in the coming days to lay the groundwork, he said on the sidelines of an EU-India summit in the southern city of Marseille.

Even assuming that the implementation of a new international financial system would take years to develop to full capacity, the mere fact that we are alone years - instead of decades - away from that reality is simply more proof that it's only a matter of time before the rest of the ancient biblical prophecies unfold.

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