European Central Bank, Frankfurt (Eric Chan)
Top financial leaders in the USA and Germany want to defend the Euro:
30 July 2012
U.S. Treasury Secretary Timothy F. Geithner and German Finance Minister Wolfgang Schaeuble backed a commitment by European leaders to do everything needed to defend the euro area while failing to mention its weakest link, Greece.
In a joint statement issued after they held talks on the German North Sea island of Sylt today, Geithner and Schaeuble “took note” of comments made last week by European leaders to “take whatever steps are necessary to safeguard financial stability” in the 17-nation currency area. http://www.bloomberg.com/news/2012-07-30/geithner-schaeuble-discuss-need-for-cooperation-on-growth-1-.html
The Euro has had a lot of problems over the years, but with the European confederation were predicted in the Bible (cf. Daniel 2:41-43).
As far as the USA supporting Europe, I wrote the following in my book 2012 and the Rise of the Secret Sect:
American dollars will ultimately be of no value…
By virtue of his timing, Barack Obama will likely implement policies for many prophecies to be fulfilled…the Bible predicts that at the appointed time, a King of the North and a King of the South with rise. Various statements that Barack Obama has made suggest that he will implement policies that will likely help lead to the multi-national formations that will ultimately have these kings…Although Barack Obama is not, and will not, be the final Antichrist, there are reasons to believe that the rising of the prophesied final ten-horned beast power (Revelation 13:1)…Barack Obama has pledged increased cooperation with the Europeans. And while cooperation is normally a good thing, this particular cooperation is likely to lead to the rise of the prophesied King of the North, who is to be the final leader of the Beast of Revelation (Revelation 13:1)…
It would seem that once the U.S. dollar totally collapses people all around the world will consider that even if the Euro is strong, having a more gold-backed currency would be safer. Having the European power acquiring a lot more gold to back the Euro (even if the backing is only implied) or possibly other future European currency (that might potentially replace the Euro) may greatly increase European credibility, prosperity, and influence around the globe.
The Obama Administration continues to support the rise of the European power, as my book 2012 and the Rise of the Secret Sect stated it would and today’s news again confirms.
Eventually, despite Europe’s problems (cf. Daniel 2:42-43), Bible prophecy shows that Europe will be THE major economic superpower for a short time (Revelation 13, 18). And as I have written many times at COGwriter, I expect the euro to drop in value from time to time, and even to plummet should major civil unrest occur, until the euro (or whatever replacement currency Europe would have should the euro be dropped, including a possible world currency) becomes the actual world reserve currency essentially replacing the US dollar.
I have long felt that there is a possibility that the Euro may be replaced and I am still convinced that the US dollar will NOT remain the world’s primary reserve currency. Ultimately, despite potential Euro issues, Europe will reorganize and become a powerful military force (Revelation 17:12-13; 13:1-4; Daniel 11:39-43) as well as a more substantial economic one (Revelation 13, 18) for a short time.
The Bible shows that despite weakness (Daniel 2:41-43) there will be a reorganization in Europe. The Bible also shows that ultimately, a major dictator (and the person I currently suspect for that role currently holds no major official government office) will rise up and rule end time Babylon (Revelation 17:1-13), the final King of the North, European Beast power of Bible prophecy (Daniel 11:40).
And while Europe is not yet ready to support the final King of the North, we in the faithful Church of God have long taught that it will be.
Some articles of possibly related interest may include:
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? What MUST happen BEFORE the Great Tribulation?
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the German Defense Minister one to watch? What do Catholic, Byzantine, and biblical prophecies suggest?
Resurgent Germany: A Fourth Reich? Who are the German peoples and where did they come from? What is Germany’s role in end time prophecy?
When Will the Great Tribulation Begin? 2012, 2013, or 2014? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000?
Prophecies of Barack Obama? Eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests? This is the longest and most complete article on this page on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
2012 and the Rise of the Secret Sect This is a link related to a book by Bob Thiel (COGwriter). This link also has YouTube videos. This book documents and explains hundreds of prophecies. And since it was published, world events have aligned with at least 23 predictions in the book and many more will to come to pass. Those who purchase the book at the www.thesecretsect.com website receive a lengthy bonus report documenting world events that aligned with the book.
2012 and the Rise of the Secret Sect (English Kindle edition). This is the 2nd edition of the book, released in January 2012, and includes a summary of many of the predictions that world events have aligned with since the book originally came out in September 2009.
2012 y el surgimiento de la secta secreta 2012 libro del Dr. Thiel en Español.
2012 und das Auftreten der geheimen Sekte (German Edition) 2012 Buch von Dr. Thiel in deutscher Sprache. 2012 und das Auftreten der geheimen Sekte (German Kindle Edition)
2012 e o Surgimento da Seita Secreta (Portuguese Edition) 2012 livro do Dr. Thiel em português. Este livro documenta e explica centenas de profecias. E desde que foi publicado pela primeira vez, pelo menos 23 já começaram a acontecer.
2012 e o Surgimento da Seita Secreta (Brazilian Portuguese Edition) 2012 livro do Dr. Thiel. Edição em português do Brasil. Este livro documenta e explica centenas de profecias. E desde que foi publicado pela primeira vez, pelo menos 23 já começaram a acontecer.