EU facing severe financial strain


Herman Van Rompuy

COGwriter

EU President Herman Van Rompuy declared that there are financial problems facing the EU:

EU can’t ‘throw money’ at debt crisis
Excerpt…
EU President Herman Van Rompuy warned early that the 27-nation bloc’s very future could be at stake.

“If we don’t survive with the eurozone we will not survive with the European Union,” he said.

So, essentially the EU President is saying that if the Euro does not survive the EU will not survive.  Last week he warned EU states that they essentially could not survive outside the union (see EU President Declares End of Nation State, Britain Skeptical).

Now whether or not the Euro will be the final currency of the Beast power is not clear yet.  The Bible is clear, however, that the political form in Europe will change, probably shortly prior to the start of the great tribulation:

12 “The ten horns which you saw are ten kings who have received no kingdom as yet, but they receive authority for one hour as kings with the beast. 13 These are of one mind, and they will give their power and authority to the beast.  (Revelation 17:12-14, NKJV)

I, and others in the Living Church of God, have long believed that it is likely that God would allow the US economy to hobble along until very close to the end so that Matthew 24:14 could be fulfilled, as US dollars support most of that effort at this time.

In the UK, there is some concern that the Euro problem could affect it:

Britain needs to prepare for an economic dark age next door

The crisis in the eurozone shows why this country must widen its horizons

Telegraph – Nov 16, 2010

http://www.telegraph.co.uk/comment/columnists/simonheffer/8138669/Britain-needs-to-prepare-for-an-economic-dark-age-next-door.html

There is concern in Britain about what is now going on.  If the Euro crisis gets too severe, this could give the UK a reason to pull out of the EU.  But we will see.

The Bible itself warned that the final beast would not be highly cohesive:

41 Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile. 43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay. (Daniel 2:41-44)

Because of this prophesied lack of cohesiveness, I have believed that this would help depress the value of Euro so that it would not overly depress the purchase value of the US dollar until we are nearer to time of the end of the USA.

There continue to be events in the Eurozone nations that show the fragility of that union.

To learn more, please check out the following articles:

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?
Catholic Prophecies: Do They Mirror, Highlight, or Contradict Biblical Prophecies? People of all faiths may be surprised to see what various Roman and Orthodox Catholic prophets have been predicting as many of their predictions will be looked to in the 21st century.
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?
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? When does the Bible show that economic collapse will affect the United States?
Is Russia the King of the North? Some claim it is. But what does the Bible teach?



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