Saturday, May 8, 2010

The future of the EU and the Euro?

Friday, May 07, 2010

Speculations abound regarding the fate of the EU and the euro, and there is increasing concern that one or both could fail. The U.S. bank, Morgan Stanley warns “…that the Greek debt crisis is setting off a chain of events that may prompt German withdrawal from the eurozone” (Telegraph, April 15, 2010). “The former Governor of the Bank of Israel, Prof. Yaakov Frenkel, predicts a possible collapse of the Euro within the next three years” (, May 2, 2010).

Swiss economics professor, Franz Jaeger, predicts there is only one way left out of the euro-crisis: The currency must be split in two! He envisions a stronger “northern euro” to serve the nations in Northern and Western Europe, while a weaker “southern euro” would serve the Southern European nations. Professor Jaeger sees eight nations in each of the southern and northern euro zones (Bild am Sonntag, May 2, 2010).

These predictions all fit with the opinion of many EU experts—there will be a two-speed or two-tiered Europe, with the stronger and more financially stable core of nations pulling ahead. Such a realignment of European nations could eventually result in the prophesied ten-kingdom power of Daniel 2 and Revelation 17.
The Bible states that this political power will consist of “10 kings” who willingly “give their power and authority to the beast” for a short time (Revelation 17:12-13).

Get your free copy of these eye opening booklets:

The Beast of Revelation: Myth,

No comments: