Israel downplays Muslim Brotherhood decision to run for presidency in Egypt. According to The Associated Press, Israel's vice prime minister is playing down the Muslim Brotherhood's decision to seek the presidency in neighboring Egypt. Vice Premier Moshe Yaalon says maintaining peace with Israel is in any Egyptian leader's interest, and that Cairo's relationship with Washington is linked to the peace deal. He told Israel Radio on Sunday that "as long as the Muslim Brotherhood president understands Egypt's commitments and its interests, that will preserve the peace deal.''
'Massive Wealth Destruction' Is About to Hit Investors. According to CNBC, runaway government debts have triggered uncontrolled money printing that in turn will lead to inflation that will decimate portfolios. Marc Faber, the author of the Gloom Boom & Doom Report, says investors, particularly those in the "well-to-do" category, could lose about half their total wealth in the next few years as the consequences pile up from global government debt problems. "Somewhere down the line we will have a massive wealth destruction that usually happens either through very high inflation or through social unrest or through war or credit market collapse."
James 5:3 says, "Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days."
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