USA EU Summit & 2013 Debt Crisis

COGwriter

The Obama Administration is going to have a summit meeting with leaders of the European Union in November:

BRUSSELS – The White House has confirmed that US President Barack Obama will meet EU leaders Herman Van Rompuy and Jose Manuel Barroso in Lisbon on 20 November in the margins of a larger Nato event.

“The US has no stronger partner than Europe in advancing security and prosperity around the world. The US and the European Union are currently working together to advance a broad agenda based on a common history, shared values and enduring ties,” it said in a communique on Tuesday (17 August). (http://euobserver.com/9/30635)

While the USA and EU are currently allies, according to Bible prophecy this will change and be a disaster for the Americans (Daniel 11:39; Isaiah 10:5-6; Habakkuk 2:3-8).  I have long warned that the increasing cooperation of America’s GPS and Europe’s Galileo satellite projects will be disastrous for the USA (see USA GPS and EU Galileo linking was expected).   Yet, the USA seems determined to put itself in harm’s way militarily.

And speaking of the military and NATO, the EU has been building an elaborate and expensive NATO headquarters in Europe (http://euobserver.com/9/30635).  And while many Americans are likely to conclude that this means that the EU will be committed to only working with the USA, that would be a mistake.  Few Americans realize that in September 2009, the first non-American because the Supreme Allied Commander for NATO in Europe.  Having all troops in Europe theoretically under the command structure of a European (French General Stéphane Abrial currently) will mean that Europe will be able to impact any retaliations that Americans may even attempt against Europe if Europe attacks.  Which, according to biblical prophecy, it will (Daniel 11:39; Isaiah 10:5-6).

According to a report from Moody’s (a bond rating service), the USA may be expected to have major debt problems as early as 2013:

If projections from the Congressional Budget Office hold true, a debt crisis will hit the U.S. by 2018 — and if those projections prove to be too optimistic, the crisis will be here by 2013, says Moody’s Investor Service. (http://www.moneynews.com/StreetTalk/Moodys-2013-Debt-Crisis/2010/05/19/id/359489)

Moody’s fears that the US will crash through its safety buffer by 2013 if growth falters (adverse scenario), with interest payments topping 14pc of tax revenues.(http://www.telegraph.co.uk/finance/economics/7950775/Time-is-running-out-for-the-West.html)

The Congressional Budget Office (CBO) is supposedly non-partisan, but historically (in my view) tends to be a bit too optimistic.  But even the CBO is realizing that the USA is a major risk (see CBO: Debt to Increase, Risk of Sudden Collapse Increases).

As alluded to in my book, 2012 and the Rise of the Secret Sect, I do not expect the extreme debt crisis until after 2012.  But according to biblical prophecy, it is coming (Habakkuk 2:3-8).

What is happening right now is that the USA is increasing its debt, looking at how to cut its military spending, and deciding that it will need to rely on Europe/NATO for significant parts of its military strength.  If the USA had not fought two world wars in Europe and Bible prophecy did not essentially warn against this, perhaps this would not be so dangerous.  And that is how the Obama Administration apparently wants to spin all of this.

But the situation is bad and is getting worse.  Short of national repentance (which currently does not appear to be likely), the USA is doomed.  It can hold military meetings with the EU and have committees look at its debt situation, but those carnal moves will not save it.

Those who have not taken Bible prophecy seriously need to open their eyes to realize that events are lining up for the destruction of the United States, Canada, Great Britain, Australia, and New Zealand.

To see when and who will be ultimately affected, as well as how, please see the following below:

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?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Prophecies of Barack Obama? This article has eight reasons why Barack Obama is apocalyptic and eight reasons why Barack Obama is not the Antichrist. It 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 at the COGwriter website on Barack Obama prophecies. Read it and decide for yourself if President Obama seems to be fulfilling various prophecies.
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled since he is to be the USA president?
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? 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?
End of Mayan Calendar 2012–Might 2012 Mean Something? There is a Mayan calendar prediction for change in 2012. 2012 changes were also centuries ago predicted by the Hopi Native Americans (the Hindus may have some predictions for the next decade as well). Do these Mayan/Hindu/Hopi prophecies have any value? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012?
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?
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?



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