The Euro crisis continues.
It has been our contention for some time now that this crisis will eventually lead to the restructuring of the European Union in a new Super-State where those nations that join this new entity will give over much of their sovereignty; In particular, their economic sovereignty. From this new entity will arise a charismatic leader who will begin to set up a 10 kingdom power structure that will rebuild the collapsed world economy. This person is none other than the false Christ, the Antichrist.
Already much of this structure is in place or being formulated right now. There are reports that the Club of Rome, (an elitists think tank), has broken the world into 10 economic zones which will eventually operate in a manner similar to the European Union. The North American zone, (Canada , America , Mexico
We would recommend you watch the video below, as a British member of the European Parliament actually backs up our contention that the Euro will soon fall apart, and out of this, a new Super-State will emerge made up of the stronger European nations.
“He gave me this explanation: ‘The fourth beast is a fourth kingdom that will appear on earth. It will be different from all the other kingdoms and will devour the whole earth, trampling it down and crushing it. The ten horns are ten kings who will come from this kingdom. After them another king will arise, different from the earlier ones; he will subdue three kings. Daniel 7:23-24 NIV
From the articles:
Problems in Europe could end up dragging growth in China, hit commodity prices and derail the nascent American recovery, according to Satyajit Das, the author of "Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives".
“North America and Asia have been bystanders as the European crisis developed. Increasing concerns are evident, as European problems now threaten global recovery,” Das said. As China ’s biggest trade partner, the European Union economy is crucial to Beijing Europe would affect Chinese growth. China
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The European Union’s top monetary official says the euro440 billion ($570 billion) bailout fund for debt-ridden countries should be increased and given more powers.
Monetary Affairs Commissioner Olli Rehn said Wednesday that discussions with the 17 eurozone governments on boosting the size of the fund were currently going on “and progress is being made.” Rehn says “we need to review all options of the size and scope of our financial backstops.”
Euro Crisis Would Hit China , Then America
Top EU Official Calls for Bigger Bailout Fund
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