Europeans move toward financial regulatory control: a prelude to 666?
Greek 2 Euro Coin Shows Europa Riding the Beast (cf. Revelation 17:3)
The Europeans are attempting to increase their financial control and influence with the USA and well as China:
November 22, 2013
EU trade negotiators are optimistic that they can secure a place for financial services regulation within key trade talks next week (27 November), offering some hope that this will help spur the US towards more convergence in international corporate reporting. Europe and the US launched negotiations on the so-called Transatlantic Trade and Investment Partnership (see background) earlier this year with Europe hopeful that the deal would include financial regulation and markets-related activity, since the EU and US account for 80% of global financial transactions. But there were doubts on the US side about whether financial regulation could be incorporated…
Noel Clehane. “If TTIP is successfully negotiated, the increased integration of the transatlantic economies will shine a light on the benefits of further convergence of accounting standards between the US and the EU,” he added. http://www.euractiv.com/specialreport-european-corporate/eu-us-trade-deal-offers-hope-rep-news-531870
China and the European Union will begin talks on a landmark treaty aimed at boosting investment that lags behind burgeoning trade and at tackling thorny market access issues, the two sides announced at a summit on Thursday (21 November). http://www.euractiv.com/trade/china-eu-agree-start-talks-inves-news-531886
The USA will fight some of this, but because of economic pressures as well as embarrassment because of the Snowden NSA issues, it will cave in parts.
While some believe that China will dominate the world after the USA does, the Bible that the time will come when the European power will dominate international commerce (cf. Revelation 18). A European power also will have financial regulatory control:
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 13:16-18)
Regulatory standards are a step towards financial control.
Many of the “standards” of the European Union will be adopted by nearly all of the countries of the world.
However, over time (and before the fulfillment of Revelation 13:16-18), it will become increasingly clear that the Anglo-powers (the USA, UK, Canada, Australia, and New Zealand) will try to back away.
Trade wars and/or serious trade disputes will most likely arise.
But trouble will come to the Anglo-powers (Jeremiah 30:7) and a European power will be the temporary victor for a time. Most do not seem to believe that this can happen to an economic and military power like the USA, but it will (Daniel 11:39). The rest of the world will marvel when it happens (Revelation 13:4).
Be not deceived–though the USA will get some economic benefits from agreements like TTIP, the real winners (for a while) will be the Europeans.
Some items of possibly related interest may include:
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