Bible Prophecy Reveals That Out Of An Investment Flameout A Sovereign And A Seignior Will Arise To Provide Fiscal Sovereignty And Monetary Seigniorage

A Core of Europe is emerging in the midst of a sovereign crisis. Rompuy, Merkel and Sarkozy on November 28, 2010, negotiated and announced, a Leaders’ Framework Agreement to establish a permanent crisis mechanism, that will replace that European Financial Stability Fund, EFSF,  that expires in mid-2013.  This sovereign debt default mechanism is called the European Stability Mechanism, ESM.  We see that today, Germany is the power force, in a type of revived roman empire, is attempting to find a way out of Europe’s sovereign crisis.  Ambrose Evans Pritchard commented, on May 2, 2010, in the Telegraph.co.uk, in words reminiscent of Margaret Thatcher: “If the aim of Helmut Kohl and Francois Mitterrand at Maastricht was to tie down a ‘European Germany’ with the silken chords of emu, they failed. Monetary union has delivered a ‘German Europe’ after all. And he continues, We now know the answer to Henry Kissinger’s question: “Who do I call if I want to call Europe?” Only one person matters. The Chancellor of Germany.

Evidence abounds that Portugal, Italy, Ireland, Greece and Spain no longer have sovereign debt seigniorage, and are not viably obtaining and will not be viably obtaining revenue from sovereign debt sales; any upcoming bond sales are being done by banks which submit debt or have submitted debt to the ECB for funding of new debt issues. Such means of obtaining money is simply a Ponzi financing, it is monetization of debt, and cannot be sustained much longer. 

Faced with “almost terminal problems,” Dennis Gartman on CNBC  said the euro could soon unravel. “Eventually, the euro breaks apart into a northern euro and a southern euro,” said Gartman, explaining that the Continent’s many languages, religions and cultures are too diverse for the singular currency to work.

Theyenguy believes the sovereign crisis will intensify, and that out of  Götterdämmerung, an investment flameout, according to Bible Prophecy, a Sovereign, Revelation 13:5-10, and a Seignior Revelation 13:11-18, an Old English term for top dog banker who takes a cut, will emerge to establish fiscal sovereignty and credit seigniorage for both Europe’s financial institutions and residents; the Seignior will be establish a common EU Treasury.

Those living in the Eurozone, as well as all the world, will live see a loss of national sovereignty, and live in debt servitude to the beast system of global corporatism, ruling through mankind’s seven institutions and in ten regions of global governance, as held forth in Revelation 13:1-4.  Jean-Claude Trichet in address  Global Governance Today, made before the Council on Foreign Relations, CFR, on April 26, 2010, called for this new financial state-of-being where he said: “For the good and appropriate functioning of global finance it is extremely important that we, in this new ownership of global governance, have — particularly on both sides of the Atlantic — the implementation of the same rules in the same fashion.”  

Soon there will come unified regulation of banking globally, as referred to in the James Politi and Gillian Tett Financial Times article NY Fed Chief In Push For Global Bank Framework, where The Seignior will oversee all matters of debt and credit, most likely through the Bank for International Settlements, and will implement a global currency system. Carroll Quigley, in his book Tragedy and Hope, relates that the BIS will “create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”

Related Reading

I write Might A Sovereign And A Seignior Arise Out Of Europe’s Sovereign Crisis To Secure The Euro As A Currency And Provide Stability To All Nations Involved?

Gregory White reports Basically, Everything In Europe Comes Down To Germany

Mike Whitney writing in CounterPunch.org asks: Should the Irish be debt-peons in EU’s corporate Uberstate?
BrittGellette relates that the Bible reveals in Daniel 2:44, in the last days, the world will be ruled by a global government; this resurrected Roman Empire’s reign will be brief, but it will be like no other kingdom before it. This will be the first truly global government since the fall of Adam and Eve, and it will be responsible for a terrible amount of destruction being destroyed by the glorious appearing of Jesus Christ who “will set up a kingdom that will never be destroyed”.
 
Nathan Jones writes the inevitable world leader the Bible predicts who will rise from the Revived Roman Empire will crush it (Dan. 9:26), most likely when he subdues three of the kings from the very Union he rises from (Dan. 7:24). In the end, no nation will break free from the black current of globalism that will engulf first Europe then all the nations of the world. But, the Rock cut not by human hands — Jesus the Messiah — will return to “crush all those kingdoms and bring them to an end, but it will itself endure forever,” setting up the kingdom of God “that will never be destroyed, nor will it be left to another people” (Dan. 2:44-45).
Feltor writes of The Enduring Impact of German Unification, 20 Years On of which excerpts follow: When the long-sought but controversial implementation of a European Monetary Union (EMU) finally began, as part of the bundle of deals that produced German reunification 20 years ago, on October 3,  it represented a significant accomplishment.
Though the idea of a single European currency had been around at least since the Werner Report of the 1970s, German reunification provided the necessary catalyst. The 1970 Werner Report was a prime example: it originally called for an EMU within a decade, but each subsequent effort stalled short of implementation. The prospect of denationalizing currency and surrendering control over a fundamental tool of statecraft, currency valuation, was daunting to the member states of the European Community (EC). Politicians knew that they risked running afoul of voters if they surrendered too much sovereignty. West Germans, in particular, felt an extremely strong attachment to their postwar currency, the deutsche mark; for them, it was synonymous with the economic renewal, prosperity, and stability of the Cold War years, following on the trauma of the Weimar and Nazi eras. Beyond political worries, national capitals clashed over the question of independence for a future European Central Bank (ECB): West Germans cherished their independent Bundesbank and felt certain that it should have independence; the French prioritized political control over central bankers and how strict the convergence criteria should be that is, how much inflation and sovereign debt would be acceptable.
It took the opening of the Berlin Wall on November 9, 1989, and the actions of two decisive leaders — West German Chancellor Helmut Kohl and French President François Mitterrand — to cut through the controversy and make the single currency a reality. The historian David Marsh singles out the bargain that Kohl and Mitterrand negotiated in 1989-90 as “ the essential deal that launched Europe on the Maastricht monetary union path.” The deal originated in the work of European Community Commission President Jacques Delors. Heading an eponymous committee, Delors made a fresh effort to map out a path to EMU in an April 1989 report. He found that the critical step, from which all else would follow, would be to convene an intergovernmental conference (IGC) for the purpose of implementing a single currency. However, the Delors Committee Report left deadlines vague, jeopardizing the prospects for its success.

With the collapse of the Berlin Wall, Mitterrand saw an opportunity for rapid convocation of Delors’ IGC. He understood that the wall’s collapse would motivate Kohl to seek German reunification, and he realized that the smart move would be to embed increased German strength in a monetary union as soon as possible. Both Mitterrand and Kohl realized that it would be extremely difficult to reunite Germany if EC members became worried about a threatening resurgence of German nationalism. Kohl always believed strongly in European integration; the opening of the wall did nothing to undermine his trust in Konrad Adenauer’s saying that “ German problems can only be solved under a European roof.” Kohl fundamentally agreed with the goal of a common currency, although he had previously indicated that it should be accomplished in future decades. Nevertheless, he understood that West German voters, a majority of whom favored European integration and worried about the costs of rebuilding East Germany, would resist a go-it-alone reunification process that alienated the EC. Given France’s weight in the EC, this meant that Kohl needed Mitterrand’s approval to proceed.

In return, Mitterrand asked that Germany assent to move toward a single currency as soon as possible, with the crucial IGC convening by the end of 1990. Mitterrand further insisted that the opening of the IGC be announced in December 1989 during the French presidency of the European Council. If the French president could preside over a significant declaration about the future of European integration on French soil, Mitterrand would advocate within the EC for German unification. In the interest of success, Mitterrand acceded to German wishes for the full independence of a future ECB.

The 1989 Strasbourg summit announced both the opening of the IGC and the EC’s favo-rable attitude toward German unification. The IGC commenced roughly a year later in Rome, on December 15, 1990, and completed its work in December 1991 in Maastricht. In the end, the EC convened two IGCs in December 1990 — one on EMU and another on the political union of the EC’s member states. During this period, the West German officials pushed for integration and hoped to combine the single currency with a matching increase in political-institution building. Mitterrand was willing to consider robust economic governance of the eurozone but was loath to create new political institutions, and he prevailed — Europe would share a currency but not a treasury.

It is surprising and somewhat ironic that Kohl and Mitterrand achieved one of the greatest feats in the history of money. Neither had expertise, or even interest, in economic and monetary matters apart from their political impact. Indeed, the despairing president of the Bundesbank in the 1980s, Karl Otto Pöhl, told the Financial Times — while he and Kohl were both in office — that the chancellor knew nothing about economics.

Keywords

sovereignandseignior, revivedromanempire, oneeurogovernment

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