Jesus turning over the tables in Jerusalem, affronted by the excesses of the money lenders, is as much in the news as the protection of the Status Quo by the Pharisees. What has changed? Clearly not a lot, but let me remind you of Revelations 13 and the number 666, the sign of the beast; perhaps after all it was a prophetic number.
The recent meeting of European leaders was meant to save Greece, the Euro and other indebted European countries. But has it? Ther first test was the market's reaction on Thursday, which was favourable. The acid test was the market's reaction on friday after the sale of Italian Bonds. This was a disaster. Italian bond sales werre made at a much higher rate than hitherto, with the interest rate rising from 5.86% to 6.06%, blowing a hole in the rescue plan.
I appreciate that I'm being melodramatic, but when the rate rises to 6.66%, then perhaps the beast will devour the Euro.
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