ICG and LCG on Future of Euro and Europe

World Currencies


In his latest update, ICG’s Mark Armstrong had the following line:

But Europe, and the euro is poised for collapse now that Italy has joined the insolvent ranks of Greece, Portugal and Spain.

Europe may have civil unrest and civil war (see pages 79-81 of my 2012 and the Rise of the Secret Sect book), but ultimately it will reorganize and become a powerful force (Revelation 17:12-13; 13:1-4; Daniel 11:39-43).

I read a report from a secular source Friday that forecasted the end of the Euro by the end of 2011.  On the other hand, I read a report from Switzerland that it may tie the value of its currency to the Euro to stop the Swiss Franc from going up so much.  So, apparently the Swiss are not convinced that the Euro is about to be history.

In its announcements yesterday, LCG the following news item:

“Bring Back the Deutschemark!” A highly successful German businessman, Hans-Olaf Henkel, recently called for the eurozone to split in two. The monetarily strong “northern zone” would comprise Germany, Austria, the Benelux nations, Finland, and possibly Ireland. He also asked the question: “German industry’s success was for decades tied to a strong and stable currency with low inflation. Seventeen currency appreciations not only strengthened the deutschemark, it kept the export industry on its toes. For how much longer will German industry allow itself to be seduced by the sweet-smelling poison of a devalued euro?” (see Guardian.co.uk, March 13, 2011). This week another writer, Holman Jenkins Jr. suggested that “Germany and its solvent neighbors should leave the eurozone in favor of a new currency”—the D-mark! Citing both Hans-Olaf Henkel and the turmoil in the southern eurozone nations, Jenkins made a strong case for the re-emergence of the deutschemark (Wall Street Journal, August, 10, 2011). Bible prophecy describes a Beast power that will arise in Europe in the last days (Revelation 17:7-13). This Beast power will very likely be led by a monetarily strong Germany—a nation that we have for more than 60 years said would rise again! This Beast power will bring temporary peace and prosperity to much of the world, yet its downfall will come suddenly (Revelation 18). It is sobering to see these ancient prophecies taking shape today!

As far as the Euro goes, here is some of what I wrote in 2009 in my book 2012 and the Rise of the Secret Sect:

Daniel 11:…43:…

43 He shall have power over the treasures of gold and silver, and over all the precious things of Egypt; also the Libyans and Ethiopians shall follow at his heels.

The “he” is the King of the North.

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.

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. 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.

So, 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.

We in LCG do believe that despite problems (cf. Daniel 2:41-43) the EU will have to reorganize, and ultimately fulfill the prophecies in the Bible about being the final Beast power of Revelation, the final King of the North of Daniel 11.

Some items of possibly related interest may include 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?
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”, based up an early 20th century writing.
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 2011, 2012, or 2013? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?
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 15-16 predictions in the book and many more will to come to pass.
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 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 16 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 16 já começaram a acontecer.

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