How the euro crisis end game might look

Prophecy Sign:  The rise of the Revived Roman Empire, (European Superstate), at the time of the end. 

Most bible prophecy experts conclude that a revived Roman empire will be established in Western Europe from which the Antichrist will arise.  This is the vision of both Daniel, (Daniel 7) and the Apostle John, (Revelation 17), that of the revived empire. This empire will be the prelude to the 10 kingdoms that will be established during the reign of the Antichrist, and will implement the financial world order of the Antichrist.

It's interesting to see the current events in the Europe Union as the debt crisis is forcing the European nations closer together in unified financial and banking systems, to the point of giving up much of their sovereignty in these areas.  This will bring about a European Super state which will make it much easier for a world leader to rise up to take control of not only the economy of the Revived Roman Empire, but that of the global economy as well.

The ten horns you saw are ten kings who have not yet received a kingdom, but who for one hour will receive authority as kings along with the beast. They have one purpose and will give their power and authority to the beast. Revelation 17:12-13 NIV

It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name. Revelation 13:16-17 NIV

From the articles:

What's required in Europe, then, is not so much a transfer union as a federal banking system, whereby banks are centrally regulated and collectively underwritten, as in the US. We are already seeing the development of unified regulation, while the Irish bail-out, where a large part of the money is specifically earmarked for bolstering banking solvency, partially recognizes the principle of collective responsibility for banking liabilities. In the end, however, the bail-outs are only loans, so the liability still falls on the sovereign.

What's more, even if European nations could be persuaded to give up control of their banking systems to a central authority, with all the loss of economic power than would entail, it's most unlikely they would accept collective liability without compensating fiscal benefit, so we are back to the idea of a transfer union in any case.

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Escalating fears about Europe's debt crisis led to rocky trading around the world, as the Spanish government's battering at the hands of its voters stoked investors' doubts as to whether Madrid will be able to carry out their painful spending cuts as planned.

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What happens when Greece defaults. It is when, not if. Financial markets merely aren’t sure whether it’ll be tomorrow, a month’s time, a year’s time, or two years’ time (it won’t be longer than that). Given that the ECB has played the “final card” it employed to force a bailout upon the Irish – threatening to bankrupt the country’s banking sector – presumably we will now see either another Greek bailout or default within days.

How the euro crisis end game might look

http://www.telegraph.co.uk/finance/comment/jeremy-warner/8531664/How-the-euro-crisis-end-game-might-look.html

Global stock markets fall as Spain default fears grow

http://www.telegraph.co.uk/finance/economics/gilts/8531830/Global-stock-markets-fall-as-Spain-default-fears-grow.html

What happens when Greece defaults

http://blogs.telegraph.co.uk/finance/andrewlilico/100010332/what-happens-when-greece-defaults/