Germany’s DAX Dropped 5.82% Today
Berlin Reichstag
Germany had a major drop in its stock values today:
DAX suffers worst dive since November 2008
Published: 18 Aug 11
Germany’s DAX stock index plunged nearly six percent on Thursday, suffering its worst decline since November 2008 amid growing economic concerns on both sides of the Atlantic. The index of Germany’s 30 leading blue-chip companies closed at 5,602.80 points, down by 5.82 percent. http://www.thelocal.de/money/20110818-37057.html
Jesus spoke of a time of troubles (Mark 13:8) that would be before the Great Tribulation, and Germany is subject to some of them as well. It may be that it will take “troubles” for the final King of the North of Daniel 11 to rise up.
We in LCG believe that despite the obvious problems in Europe including Germany (Daniel 2:42-43), that Europe will become, for a time, the world’s dominant military and economic power (per Revelation 13) with German (Assyria in scripture) dominance (Isaiah 10:5-7).
The US stock market also had problems today:
Wall Street Journal – 18 August 2011
Stocks tumbled amid growing fears of a global recession, as investors confronted a grim mix of US economic data and fresh concerns about Europe’s banks.
Currently, the USA is the strongest military power on the planet, but is weakening economically, morally, and slowly militarily. Yet at the end, the USA seems to be the nation with the “strongest fortresses” that gets taken over and divided (Daniel 11:39) by the final European (cf. Daniel 9:26-27) King of the North (Daniel 11:39), who is also the Beast of Revelation 13.
As I have long written, there will be bumps in the road and other problems in Europe, and Germany will have some as well. But I also strongly believe that these events seem to be necessary for end time prophecy to be fulfilled–as it will be.
Some articles of possibly related interest may include:
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? What MUST happen BEFORE the Great Tribulation?
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Could He Become “the Beast”? What makes the German Defense Minister a candidate?
Resurgent Germany: A Fourth Reich? Who are the German peoples and where did they come from? What is Germany’s role in end time prophecy?
When Will the Great Tribulation Begin? 2011, 2012, or 2013? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000?
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