Brexit and Donald Trump: The one-two punch to the economy of the EU?

 

 
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COGwriter

Strategic Culture posted the following observations:

Stopping Brexit Is About Saving the European Union

Parliament doesn’t want any meaningful Brexit and refused to accept Johnson’s offer of a General Election to allow the people to form a new government to break the deadlock.

Why? Because they know that a new Parliament would be decidedly more Leave than Remain. The polls are perfectly clear on this. …

For the Remain crowd, going for the Second Referendum first would render a general election irrelevant because the new government, no matter how strongly pro-Brexit, would be tied to the terms of the referendum.

That’s the Remain gambit and that’s why the court was always going to rule against the government. It is the British elite and civil service who do not want Brexit. They are all EU-firsters and traitors to the British people they represent.

Their willingness to upend all conventions of civilized governance is the clue you need to realize just how big the stakes are.

With the EU falling into a massive recession that ECB President Mario Draghi is willing to throw aside all EU fiscal compact rules to combat (Hello MMT!) the risks are acute.

Because, make no mistake, losing the UK from the EU’s budget would be catastrophic for an EU staring at massive capital outflows as helicopter money happens and bond yields reverse from their current bubble levels.

Brexit is emblematic of the West’s decline from the rule by law to the rule by men. https://www.strategic-culture.org/news/2019/09/27/stopping-brexit-is-about-saving-the-european-union/

Prior to Donald Trump taking office, I wrote:

2016 was a turning point for Europe. The vote by the United Kingdom to leave the European Union on June 23, 2016 (called the Brexit), shocked Europe as did the election of Donald Trump on November 8, 2016. …

It is my position that trade disputes will be a factor in Europe taking military action against the U.S.A. …

Donald Trump’s rise has also spurred the Europeans to further unify among themselves, especially when combined with the Brexit vote that Donald Trump encouraged. While the Bible shows the Europeans will have difficulties being together (Daniel 2:41-43), it also shows that they will reorganize and unite (Revelation 17:12-13). Donald Trump has been pointed to by various European leaders as ‘proof’ that Europe needs more unification and distance from the USA.

Notice something related to USA and EU trade matters:

September 27, 2019

The World Trade Organization (WTO) is set to back a U.S. request to impose tariffs on billions of dollars of European goods, potentially sparking a new trade war across the Atlantic, several media reports suggest. …

Arbitrators from the WTO are meeting at 10.am. local time in Geneva on Monday to finalize a 15-year-old case brought by the United States. The U.S. seeks compensation for what they say are illegal subsidies granted to the plane maker Airbus by European governments.

Earlier this month, Airbus shares dipped sharply following reports that the WTO will rule in favor of the U.S, granting President Donald Trump the right to slap billions of dollars of tariffs in compensation.

Washington has said it wants to impose tariffs of up to 100% on European exports to the U.S. with an annual trade value of around $11.2 billion a year.

Reuters, quoting sources, reported Thursday that the United States government won’t get to that figure but will win the right to impose tariffs on EU goods worth around $7.5 billion annually.

The United States has already drawn up a wide-ranging list of European goods which it says it will select from, once the WTO determines an appropriate amount. https://www.cnbc.com/2019/09/27/huge-trade-tariffs-on-europe-could-come-next-week-if-us-wins-wto-fight.html

Brexit and Trump Administration tariffs may end up being a one-two punch damaging the economy of the EU.

The late Pastor General of the old Worldwide Church of God, Herbert W. Armstrong, had a view about economic matters and European unity. Here is something he said in a sermon on July 7, 1984:

And I can see now, the event that is going to trigger the formation of the reunification in Europe; the resurrection of the medieval Holy Roman Empire that we’ve been looking forward to that is prophesied to come…

But I believe that some event is going to happen suddenly just like out a blue sky that is going to shock the whole world and is going to cause the nations in Europe to realize they must unite! … Well now I think I can see what may be the very event that is going to trigger…that is the economic situation in the world

The whole banking structure in the United States is a network all jointed together. But not only that, one nation has to deal with other nations and imports and exports. And so they have to have a means of transforming money from one nation to another. And so the banking structure is international and interwoven…

Now when the financial structure breaks down, all civilization is going to break down…

So, an economic or banking crisis is what Herbert W. Armstrong concluded would drive Europe to unite.

While not the only factors, items like Brexit and US trade issues can help push Europe into an economic crisis.

Economic factors will be a reason that Europe will reorganize and put in place the Beast power.

The Bible shows that Europe will reorganize:

12 “The ten horns which you saw are ten kings who have received no kingdom as yet, but they receive authority for one hour as kings with the beast. 13 These are of one mind, and they will give their power and authority to the beast. (Revelation 17:12-13)

Brexit is adding more pressure for the EU to change and reorganize. And that will come to pass.

One day the European Beast power will arise and take actions that most of those in the UK (as well as USA and Canada) will not consider possible (cf. Daniel 8:24-25, 11:39; see also USA in Prophecy: The Strongest Fortresses).

A ‘no deal’ or ‘hard Brexit’ will impact the EU and the UK.

Yet, it will also tend to speed-up European resolve against the UK, its British-descended allies, and the USA.

In March of 2017, I posted the following:

The fact of Brexit and the EU’s response today must be pushing the Brits to conclude that they need to move closer to the USA on trade. (Thiel B. Donald Trump’s executive orders: The start of major trade wars? COGwriter, March 31, 2017)

With what has been going on in the UK, the EU, and the USA since the Brexit vote, more in the UK are concluding that the EU wants to be an empire. The EU has taken several stances that the UK does not like, including stances that the EU used to pretend it did not really have. Glimpses of the true colors of the European project (e.g. Daniel 2:41-43; Isaiah 10:5-8) have re-assured some in the UK that leaving the EU is in its best interest.

Consider that the Bible itself teaches that Europe will reorganize and unite (Revelation 17:12-13; see also Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?), as well as become the dominant world trading power for a time (Revelation 17 & 18). The Bible also teaches of a time of Jacob’s trouble (Jeremiah 30:7)–and this will include the UK (as well as the USA, Canada, Australia, and New Zealand).

The Bible is accurate and its prophecies can be counted on.

Most people do NOT realize what will happen in Europe.

Europe is not going to ‘get over’ the Brexit or Donald Trump and will one day take actions that most of those in the UK (as well as USA and Canada) will not consider possible (cf. Daniel 8:24-25, 11:39; see also USA in Prophecy: The Strongest Fortresses).

Some items of possibly related interest may include:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
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