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Europe

Political unity in Europe

Biblical prophecy makes it clear that Antichrist’s kingdom will be a ten kingdom confederacy. Much of the territory envisaged in Scripture belonging to this kingdom is already within the European union. Political developments within that entity should be of particular interest to those watching for Christ’s return, since the rise of the man of sin and his empire will be a critical sign of that return.

In the light of the recent economic crises in Europe more and more people are musing about further political and economic integration. The link below is to a blog article that considers some of these issues and advocates for a federal Europe along the lines of the United States model of government. These kind of developments are necessary to the formation of the Antichrist’s kingdom.

Read the article: The united statelets of Europe

See also: Belgian leader proposes ‘United States of Europe’ (Dec 1,2005)

EU plans fiscal and political union

EU officials have drawn up a far-reaching plan that would eventually turn the eurozone into an outright fiscal union, but acceptance by EU leaders – whose powers it reduces – will require a major leap of political faith. The seven-page document suggest that ultimately the 17-nation single currency area will need a treasury office and a central budget. Among the short-term changes required is the de facto handing over of budget power and economic policies to the EU level.

Read more… (link to external site)

See also Barroso to unveil ‘political union’ plan at EU summit.

The euro crisis continues

The financial crisis that has gripped Europe for many months now seems to be coming to a climax. Billionaire investor, George Soros, has indicated that he believes that there is just a window of three months to save the euro and the whole monetary union project. This is putting massive pressure on Germany as the de facto banker of Europe. To date the Germans have resisted the pressure to bear the costs of absorbing the national debts of European countries into a single pan-European debt and uniting the individual economies in an even more dramatic way. The pressure for Germany to shoulder this burden may well yet be the means of forcing her out of the euro and out of European monetary and economic union. Certainly such an event would be in line with what the Scriptures reveal about the territory which forms the confederacy over which Antichrist rules.

The emergence of that ten kingdom phase of the Roman Empire, predicted by Daniel the prophet and John the Apostle, looms increasingly large on the political horizon in Europe. The following is from a Daily Telegraph columnist commenting on the crisis:

As everyone has been saying, in order to be viable in the face of market pressures, a genuine currency (as opposed to a pretend one) must have a “lender of last resort” – a true central bank like the US Federal Reserve System. But this is impossible within the EU because the constitutions of member states are not compatible with each other or with the principle of underwriting debt across national boundaries (as the states of the US are under their genuinely federal system). So, either the existing democratic institutions and historical principles of all EU countries must be forcibly reconciled in a Year Zero political reconstruction, or there can never be a monetary union (let alone fiscal union) that will be sustainable. This is where we are.

Interesting!

Financial chaos looming in Europe

On July 19th, 2011 a columnist in The Daily Telegraph wrote the following:

We are heading towards fiscal union or break-up,” said David Bloom, currency chief at HSBC. “Talk is no longer enough as the fire threatens to leap over the firebreak into Spain and Italy.