LCG: Financial Crisis May Strengthen the Beast

Angela Merkel

Germany’s Chancellor Angela Merkel is to meet with the President of Greece later this week:

Greek officials hope to seal a deal by Friday, when Greek Prime Minister George Papandreou meets in Berlin with German Chancellor Angela Merkel…

A German official said Berlin won’t send German taxpayer money south “just as a reward for some new announcements,” referring to Greece’s expected additional budget cuts…http://online.wsj.com/article/SB10001424052748704089904575093232431641628.html?mod=WSJ_business_EuropeNewsBucket

There have been various news reports that this crisis will ultimately mean that Germany and the EU will gain more and more leverage and control over the nations in Europe. This seems to be what is happening. Germany (and France for that matter) does not want to give money without receiving something in return.

In its weekly update yesterday, the Living Church of God reported:

Financial Crisis May Strengthen the Beast. All indicators point to a total financial collapse of the Greek economy unless a “strong hand from somewhere” intervenes. This crisis has powerful implications for the whole of Europe. One credit expert from Frankfurt observed, “Economically, we are in a very risky situation. Greece is close to default. We face systemic risk like the Lehman collapse and unless there is a bail-out for Greece, there will have to be a bail-out for the whole European banking system within two or three months.” “French banks have $76bn of exposure to Greece, the Swiss $64bn, and the Germans $43bn…. The exposure of Portuguese banks to Spain and Ireland equals 19pc of Portugal’s GDP.” Greece will apparently receive economic support, but many fear this will pave the way for the emergence of a European “central treasury”—as many European federalists desire (Telegraph, February 11, 2010). God prophesied that at the end of the age, ten kings or leaders will turn over their power to the Beast (Revelation 17:12-13). The financial crisis in Greece could precipitate, or “set the stage” for, this end-time transfer of power in Europe.

The late Herbert W. Armstrong believed that it would likely take a financial crisis to drive Europe closer to becoming the end-time Beast power.

In a sermon on July 7, 1984, Herbert W. Armstrong stated:

And I can see now, the event that is going to trigger the formation of the reunification in Europe; the resurrection of the medieval Holy Roman Empire that we’ve been looking forward to that is prophesied to come…

But I believe that some event is going to happen suddenly just like out a blue sky that is going to shock the whole world and is going to cause the nations in Europe to realize they must unite! … Well now I think I can see what may be the very event that is going to trigger…that is the economic situation in the world…

The whole banking structure in the United States is a network all jointed together. But not only that, one nation has to deal with other nations and imports and exports. And so they have to have a means of transforming money from one nation to another. And so the banking structure is international and interwoven…

Now when the financial structure breaks down, all civilization is going to break down…

The worldwide recession and the current crisis with Greece (as well as Spain, Portugal, Ireland, and some others in the EU) seems to be leading to EU wide actions. Prophetic events are coming to pass.

The time for the King of the North to emerge is getting closer.

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”? What is ahead for Europe?
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?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?