Euro Hits 10 Week High, But…

European Central Bank, Frankfurt (Eric Chan)

The Euro went up today:

By Catarina Saraiva and Anchalee Worrachate

Feb. 23 (Bloomberg) — The euro advanced to the strongest level in more than 10 weeks against the dollar as a report showed German business confidence rose to the highest level in seven months amid progress taming the region’s debt crisis. http://www.businessweek.com/news/2012-02-23/euro-reaches-10-week-high-against-dollar-on-german-confidence.html

This differs from incorrect two emails I received in 2011. One was from a secular source which claimed that the Euro would be gone by the end of 2011. The other was from the head of a claimed COG source that, while criticizing COGwriter writings on the subject of Europe, incorrectly stated, “The EU should “collapse” shortly as in before or after Xmas 2011, and that the EU will be nothing= no power at all.”

Well, the EU still exists as does the Euro. But despite the Euros current advancement, I believe that it will continue to have problems and it is still capable of dropping.

Why?

Carnally speaking, the Greek crisis really is not resolved–so I expect more problems with Greece. Plus, there are other debt and structural problems in Europe. Austerity programs in Europe, combined with ethnic and religious and other economic issues, will likely lead to unrest there. And more than the civil unrest we have seen so far. Greece and Romania, to name only two of the countries, are still unsettled and we are likely to see problems develop in France and elsewhere in Europe.

Biblically speaking, the Bible has long indicated that there would be problems with the European confederation (cf. Daniel 2:41-43).

Yet, the Bible shows that despite weakness (Daniel 11:41-43) there will be a reorganization in Europe (Revelation 17:12-13). The Bible also shows that ultimately, a major dictator (and the person I currently suspect for that role currently holds no official high government office) will rise up and rule end time Babylon (Revelation 17:1-13), the final King of the North, European Beast power of Bible prophecy (Daniel 11:40).

As far as the Euro itself goes, regular readers of this page realize that I warned in my 2012 book that it could possibly be replaced. It still could be, but, biblically, the Euro does not seem to have to be replaced. Civil unrest is likely to occur to a greater degree in Europe–and if so, the Euro could be risky at times. We will see.

Today’s rise of the Euro because of the strength of the German economy is not unexpected.

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? 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?
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This also has YouTube videos related to 2012. The book contains documented prophecies as well as an end time sequence of events that Christians should study and understand. Including the role of Europe and how it is pivotal to end time biblical prophecy.
2012 und das Auftreten der geheimen Sekte (German Edition) 2012 Buch von Dr. Thiel in deutscher Sprache.