Germany’s Finance Minister Calls USA Advice ‘Stupid’

“I will break the pride of your power” (Leviticus 26:19)

Germans are not real excited by the wisdom of financial advice from the USA:

Germany slams ‘stupid’ US plans to boost EU rescue fund

Germany and America were on a collision course on Tuesday night over the handling of Europe’s debt crisis after Berlin savaged plans to boost the EU rescue fund as a “stupid idea” and told the White House to sort out its own mess before giving gratuitous advice to others.

http://www.telegraph.co.uk/finance/financialcrisis/8793010/Germany-slams-stupid-US-plans-to-boost-EU-rescue-fund.html

GERMANY: US Plans To Intervene In Europe Are “Stupid”

German finance minister Wolfgang Schauble has hit out against plans to boost the EFSF bailout fund… http://www.businessinsider.com/germany-us-plans-to-intervene-in-europe-are-stupid-2011-9#ixzz1ZH9cqgxv

Germany’s Finance Minister, Wolfgang Schauble specifically called the financial advice from the USA for Europe to inflate its currency, the Euro, stupid. The USA itself has engaged in “stimulous” spending, “quantitative easing,” and other inflationary methods to attempt to improve the USA’s economy the past couple of years and has advised the Europeans to follow suit.

They are not particularly interested.

As I have mentioned before, it is not that the Euro has to be a perfect currency (and in fact, as I have written, could possibly be replaced), it is that the Euro only needs to be perceived as safer/stronger than the USA dollar for the Euro (or some other currency with European backing) to become the new reserve currency for much of the world.

The Bible warns that the pride of power will be broken (Leviticus 26:19), and for the USA this apparently is not only referring to its military might and agricultural production, but its economic pride, its dollar. Now as I have been saying, the USA dollar will NOT totally collapse (become worth a small fraction of its purchasing value) until shortly before the start of the Great Tribulation (Jeremiah 30:7; Matthew 24:21).

Yet what is happening now to the USA dollar is dangerous and fits in with the following prophecy:

3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man… 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you (Habakkuk 2:3,5,6-8).

The above prophecy will be fulfilled at the time of the end (cf. “The message was true, but the appointed time was long…in the latter days, for the vision refers to many days yet to come”, Daniel 10:1,14). Daniel 8:19, 11:27,29,35 use same the Hebrew term for “appointed time” as Habakkuk 2:3, while Daniel 10, using a different term, ties the latter days to the time in Daniel 8:19. Habakkuk 2 was not fulfilled in its entirety anciently. Also, it makes little sense that Habakkuk would be directed towards the modern nation of Israel as it does not have enemy creditors. It must be a nation or group of nations with some prominence at the appointed time of the end. The USA is prominent and is the most indebted nation of all time and I strongly believe it (along with the UK, for another example) will fulfill Habakkuk 2.

According to Bible prophecy, the end of the Anglo-dominance of the world is coming, and the final age of the Gentiles will be here in a relatively few years. The debt and other financial issues in the USA are indicators that not too many more years are left before the start of the Great Tribulation.

The Bible shows that a European power (the final King of the North) will rise up at the end. It will control much of the world’s economy (Revelation 13,17,18), and it will eliminate the nation with the strongest fortresses (Daniel 11:39), which happens to be the USA (as well as its Anglo-allies.

By resisting repeated suggestions from the USA to inflate its currency, Europe is telling the world that it does not intend to destroy its currency as the USA has been doing to its dollar. And according to Bible prophecy, the world will ultimately agree with Europe over the highly indebted USA.

To learn more, please check out the following articles:

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”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe?
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the German Defense Minister one to watch? What do Catholic, Byzantine, and biblical prophecies suggest?
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?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? This is a lengthy article with many prophecies that Barack Obama may end up fulfilling.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled by him?
Canada in Prophecy: What Does Bible Prophecy, Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future.
Who is the King of the West? Why is there no End-Time King of the West in Bible Prophecy? Is the United States the King of the West?
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?