Prophecy Sign: The final world empire of prophecy, which spawns the 10 Kingdoms.
Another article which indicates that the current European Union will have to morph into a stronger more centralized governmental system. Perhaps like that of a United States of Europe.
Most bible prophecy observers believe that a final world kingdom will rise out of the former
We tend to believe the 10 kingdoms will be globally based rather than regionally based as is the European Union, but we are certainly not stuck on that thought.
From the article:
German economists say that, when it comes to a collapse of the currency union, there are two possible scenarios:
In the first scenario, the euro would remain a hard currency and there would be no extensive transfer payments among euro-zone countries. In the coming years, some uncompetitive and highly indebted countries would leave the currency union to return to weaker national currencies. The edges of the euro zone would crumble, but a hard core would remain -- consisting of Germany , the Netherlands , Austria , Luxembourg and perhaps a few others.
In the second scenario, Germany and others would abandon the common currency because the euro would become a soft currency and the euro zone would develop into a transfer union, involving payments among members.
There is, of course, still a very real possibility that the euro will be saved. The economic and political problems are certainly solvable -- with a huge step toward greater European integration. But, at the moment, it is difficult to imagine European politicians embracing a kind of "United States of Europe," just as it is hard to imagine them letting the euro crash and burn.
A Possible Scenario for the End of the Euro
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