Greece Debt Rating Raised

Rev 6:5-6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"

Editor's Note: Jim Bakker has taught and continues to teach that when 'entitlements' are taken away from people, they will riot in the streets. The prophets who have visited Morningside have confirmed this warning.
<blockquote>“Against all odds, the frameworks of the world’s economic, political, and social systems are being shaken and are beginning to crumble.”
<p style="text-align: right;">-Jim Bakker in “Prosperity and the Coming Apocalypse”</p>
</blockquote>

Greece, in the midst of a rash of suicides related to the country’s economic crisis, had their debt rating raised from “selective default” to “CCC”. After two bailouts, the Greek government has been described by Standard and Poor’s as having “alleviated near-term funding pressures.”

The “CCC” rating means Greece is currently dependent on “favourable business, financial and economic conditions.”

Greece’s national elections are scheduled for Sunday amid continual protests against austerity cuts.

 

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