Euro-zone about to break up? Could it?
European Central Bank, Frankfurt (Eric Chan)
A reader sent me the following a few hours ago:
December 9, 2014
Do you want to worry about something real, now that everyone is in such a good mood? I suggest worrying about the breakup of the euro zone again.
Yeah, yeah, I know — that was the big fear two years ago during the first round of the sovereign debt crisis. Then European Central Bank President Mario Draghi gave his famous “bumblebee” speech, and said he would “do whatever it takes” to save the euro, and flash forward, here we are, knocking on 2015, and Europe is still standing.
But here’s the thing: Draghi is having a really hard time persuading his colleagues to launch full-blown quantitative easing, and the longer it takes, the more his authority erodes. He talked about a 1 trillion euro attack on deflation about six months ago, and nothing has happened; actually conditions are worse.
Ambrose Evans-Pritchard, the London Telegraph economics columnist, observed late last week that the ECB is thus facing a “full-blown leadership crisis,” which has the potential to rock financial markets if not halted or contained.
Media reports say that half the ECB’s six-person executive board — representatives of Germany, France and Luxembourg — refused to sign off on Draghi’s post-meeting statement last week, a rare mutiny.
The problem is that the dissenters refuse to allow full-blown QE until they are ready, and they never plan to be ready. …
Euro-zone divisiveness over a monetary and fiscal union could well turn out to be the financial story of 2015. http://www.moneyandmarkets.com/last-days-euro-zone-68716#.VIdRASsadW8
The Germans do not want a full blown version of ‘quantitative easing’ for at least four reasons:
- The Germans feel that certain nations are not properly disciplined financially and a program like quantitative easing will mean that they will fail to correct certain practices that the Germans feel they need to.
- The Germans feel that they will have to bail out nations that are not properly disciplined financially, hence they do not want to encourage this.
- The Germans fear the type of hyperinflation that happened prior to WWII and realize that quantitative easing type programs but them and all of Europe at risk of repeat–which also means that the Germans do not wish to risk losing their wealth if the Euro is dragged down because of hyperinflation or other currency issues.
- The Germans would like to have a currency that is the real reserve currency for the world and do not wish to make the mistakes that they see the USA doing with its dollar.
But then again, the Germans would prefer that the Euro-zone continue, so there could be some compromise. The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar.
Could the Euro-zone break up? Is it possible that the Euro will not survive?
Notice something I had published in 2009:
It would seem that once the U.S. dollar totally collapses people all around the world will consider that even if the Euro is strong, having a more gold-backed currency would be safer. Having the European power acquiring a lot more gold to back the Euro (even if the backing is only implied) or possibly other future European currency (that might potentially replace the Euro) may greatly increase European credibility, prosperity, and influence around the globe. (Thiel B. 2012 and the Rise of the Secret Sect. Nazarene Books, 2009, p. 333)
Which is similar to something I had published in 2013:
When the U.S. dollar totally collapses people all around the world will consider that even if the Euro (or something similar) is strong, having a more gold-backed currency would be safer. The collapse of the U.S.A. dollar will shake a lot of the world’s confidence in non-gold backed currencies.
Having the European power acquiring a lot more gold to back the Euro (even if the backing is only implied) or possibly other future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe (and will happen, to a degree, before that King arises). (Thiel B. Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term. Nazarene Books, 2013, p. 133)
Notice that both books also mentioned gold when discussing the currency of Europe. The Europeans have talked a lot about gold lately, with the Netherlands repatriating some and Belgium discussing doing likewise:
December 5, 2014
Just after I reported on the repatriation of 122.5 tonnes of gold by The Netherlands from the Federal Reserve Bank of New York (FRBNY) and about the Eurosystem allocating as much of its gold reserves as possible – a global run on gold which can only be seen in advance of a reform of the international monetary system, the next Eurosystem member has come forward, Belgium.
In Europe so far; Germany has been repatriating gold since 2012 from the US and France, The Netherlands has repatriated 122.5 tonnes a few weeks ago from the US, soon after Marine Le Pen, leader of the Front National party of France, penned an open letter to Christian Noyer, governor of the Bank of France, requesting that the country’s gold holdings be repatriated back to France, and now Belgium is making a move. https://www.bullionstar.com/blog/koos-jansen/belgium-investigating-to-repatriate-all-gold-reserves/
Whether or not the Euro-zone breaks up or the Euro possibly could be replaced, the Bible teaches that a European power will control much of the world’s economy and for a time:
15 He was granted power to give breath to the image of the beast, that the image of the beast should both speak and cause as many as would not worship the image of the beast to be killed. 16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:15-18)
A more accepted single currency will help that–especially one that has gold backing (cf. Daniel 11:42-33; Revelation 18).
The Bible teaches that the final ‘ten toes’ of the European power will have difficulties (Daniel 2:41-43) and will reorganize (Revelation 17:12-13). We will see how many ‘reorganizations’ Europe may have to go through before then.
The ultimately exit of the UK, which UKIP wants (see ), will affect Europe. But as the UK is NOT in the Euro-zone (the UK still uses the pound), that will not necessarily cause a collapse of the Euro. A Euro collapse is NOT biblically-required as far as I can tell, but it is also not biblically-impossible either.
Some items 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”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous.
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the former German Defense Minister (who is also the former German Minister for Economics and Technology) one to watch? What do Catholic, Byzantine, and biblical prophecies suggest?
Germany’s Assyrian Roots Throughout History Are the Germanic peoples descended from Asshur of the Bible? Have there been real Christians in Germanic history? What about the “Holy Roman Empire”? There is also a You-Tube video sermon on this titled Germany’s Biblical Origins.
Germany in Biblical and Catholic Prophecy Does Assyria in the Bible equate to an end time power inhabiting the area of the old Roman Empire? What does prophecy say Germany will do and what does it say will happen to most of the German people?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch 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? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
When Will the Great Tribulation Begin? 2015, 2016, or 2017? 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? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2014 o 2015? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon video: The Great Tribulation from the Mount of Olives.
Project Prophecy: Economic Collapse Starting in 2015? Jim Rickards once worked for the CIA and also was once part of a a USA government program called called ‘Project Prophecy.’ He has a video were he claims that starting in 2015, the USA may have economic collapse resulting in a 25-Year Great Depression. He mainly cites debt figures and claims advises alternatives to the USA dollar which he says will collapse? What did Rand Paul state? Can the USA dollar collapse?
Blood Moons and Prophecy There are four ‘blood moons’ expected in 2014 and 2015. Do they signal the Day of the Lord or the return of Jesus Christ? A related YouTube video is also available: Blood Moons, Prophecy, 2014, and 2015.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? 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? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.
Tweet |
|