Germany wants a strong euro

Angela Merkel


Germany’s Chancellor came out for a strong euro:

Germany wants strong euro, Merkel says

BERLIN Nov 25 (Reuters) – Germany will press for a strong euro which is why tough budget savings must be made, Chancellor Angela Merkel said on Thursday.

What many people simply do not realize is that the euro is part of Europe’s strategy to replace the USA as the world’s dominant economy.

In the short-run, companies in the USA who export to Europe will benefit from a stronger euro as it makes American goods less expensive for European consumers.  In the long-run however, the euro’s strength tends to be perceived as an indicator of the US dollars decline.  And a declining US dollar will make everything (including food) more expensive for those in the USA.

And while it is possible that the euro will fail and be replaced by something else (or perhaps pooled in with a basket of other international currencies), the reality is that the US dollar is losing its position as the world’s reserve currency.  Most of what I have read suggests that the euro is currently the world’s second reserve currency, behind the US dollar.  But with more and more countries trying to replace the US dollar for international trade (such as what China and Russia announced this week, see Russia and China dropping US dollar for their trade), the time may not be too long when the world will primarily rely on a European currency.

As I have written many times, THE EURO WILL HAVE PROBLEMS.  I suspect that the austerity programs combined with Islamic discontent in Europe will lead to civil unrest and more rioting (e.g. Civil Unrest in Europe and Civil War in Greece?) and that will at some point make the euro drop perhaps substantially again for a while.

Yet, Bible prophecy is clear that a beast power will emerge (Revelation 13).

The prophecies in both the books of Daniel (9:26-27; 11:20-44) and Revelation (13;17;18) point to this power to be based out of Europe (there are also European pointed prophecies in other books of the Bible, such as Isaiah, Jeremiah, Ezekiel, etc.).

For details on those prophecies, check out the following:

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”? What is ahead for Europe?
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? When does the Bible show that economic collapse will affect the United States?
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?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?

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