Bible Prophecy Provides Insight To A Resolution To The European Sovereign Debt Crisis

Roy Schwarcz writes that bible prophecy of Daniel 2 and Revelations 13 foretells that Germany and a powerful leader will rise to empower a European Super State in a type of Roman Empire. “The Roman Empire fell apart from within, no enemy destroyed it. Rome is living in the great nations of Europe today: Italy, France, Great Britain, Germany, and Spain are all part of the old Roman Empire. The laws of Rome live on, as well as the language. Latin today is the base of French, Spanish, and other languages. Her warlike spirit lives on also as Europe has been at war ever since the empire broke up into these kingdoms. What is happening in Europe today? There is a diminishing of the nations and a unifying of the people with a common currency, common markets and common government. The foundation is being laid for the man who is coming someday to put the Roman Empire back together again.”

Sovereignty is of appointment. You Tube Video presents Nigel Farage, in well tailored fashion, asking What gives you the right to dictate to the Italian people? I have neither suit nor tie, but I do know that sovereignty comes by appointment. Leadership has more to do with fate than it does with meritocracy. This was true of the former age, where destiny provided Milton Friedman, Alan Greenspan, and Ben Bernanke. It is true of this age as well, as leaders, such as Nicolas Sarkozy, Angela Merkel and Herman van Rompuy, have risen to power through destiny. There is no human action; rather all things are of God, Ephesians 1:11 and Romans 9:16. A Trilateral Commission and Bilderberg Euracracy is effecting a bloodless coup in Europe, Revelation 6:1-2. Nicolas Sarkozy and Angela Merkel are the forerunners and ambassadors of the Ten Toed Kingdom of regional economic government called for by the 300 elite of the Club of Rome in 1974. Their Clarion Call comes with authoritarian imperative, that is both compelling and irresistible. It is the effecting working of bible prophecy of Daniel 2:32-42

Sovereign leaders of this age are from the EU’s core, not its periphery. Continuing from the NYT article Central Bank Chief Tells Troubled Nations They Are On Their Own, Jens Weidmann, president of the Bundesbank, the German central bank, was more blunt than Mr. Draghi in rejecting use of the European Central Bank to bail out troubled governments, reflecting the hard line that German policy makers have taken. “The economic costs of any form of monetary financing of public debts and deficits outweigh its benefits so clearly that it will not help to stabilize the current situation in any sustainable way,” Mr. Weidmann said at the same event, the Frankfurt European Banking Congress. He put the onus on governments to address deficiencies in their national economies. “These deficiencies include a lack of competitiveness, rigid labor markets and the failure to seize opportunities for growth,” he said.

In as much as Italy has lost its debt sovereignty when its interest rate surpassed seven percent, Italy lost its national sovereignty. Italy will have to look to EU ECB and IMF leadership, that is EU ECB and IMF diktat, and their sovereign authority for seigniorage, that is moneyness, as well as a resource for their fiscal spending. Soon EU leaders will meet in summit, waive all national sovereignty by announcing regional framework agreements, establish a fiscal union, a common treasury, and empower the ECB as a bank, not so much for the needs of the people, but rather for the security of the region.

In a world of credit evaporation, credit will come via regional stakeholder bodies, that lend to companies deemed essential to the well being of the region. Austerity measures, structural reforms, pension overhauls, bank nationalizations, and debt servitude will be de rigueur. In as much as the EU is characterized by failed nation states, moneyness will come by diktat. The seigniorage of diktat may provide dole for the fiscal spending of former nation states, as all will be vassal states existing in a totalitarian collective. Totalitarian Collectivism will be the way of life for all in the Euro zone.

An inquiring mind, concludes with four questions. What is a leader, what does a leader carry, what agenda does the leader carry, and what is that leader’s reward? Urban dictionary provides a number of definitions for leader. I am not a libertarian, but do relate that many Libertarians hold forth Ron Paul as their leader. Do you know what Ron Paul carries, and what his agenda is? He is very much an anachronism in this age of diktat. I believe He and his followers are likely to feel marginalized very soon, as they pursue Freedom and Free Enterprise; these are simply mirages on the Neoauthoritarian Desert of the Real. Freedom and choice are epitaphs on tombstones of the bygone era of Neoliberalism.

Angela Merkel, Nicolas Sarkozy and Herman van Rompuy are leaders of this age. They are those who are first to serve. They carry the beacon of more Europe and more reform. Their agenda is a European Federal Union, where sovereignty is ceded to Brussels, Berlin and Paris. Their reward is sovereignty and the seigniorage of diktat.

Political power is coalescing in Germany. Johannes Stern writes in WSWS Germany’s Christian Democrats Head Toward A Grand Coalition. And Bloomberg reports Angela Merkel saying The EU must move toward closer union. And, the NYT quotes her saying, It is now the task of our generation to complete the economic and currency union in Europe and create, step by step, a political union.

The New Europe that Angela Merkel envisions will be one of ten regional powers, as called for by the Club of Rome. Thus, the New Europe, will be one of the ten toes, of the ten toed kingdom of regional economic government held forth in Daniel 2:32-42. This global regime will be a monster of state corporatism manifesting as the Beast regime of Neoauthoritarianism, seen in Revelation 13:1-4.

Sovereign insolvency will be the catalyst for Financial Nuclear Winter, and the pooling of sovereignty as called for by Herman van Rompuy. Consillium provides a video of Herman Van Rompuy, President of the European Council, during a debate on European economic government at the European Parliament. And Reuters reports Van Rompuy urges euro zone to pool sovereignty. And G7 Finance reports Mr Van Rompuy saying in a speech to a conference held by a Brussels think tank. “The euro zone has to move towards real economic union commensurate with monetary union.” … “We need to give both our citizens and the markets a clear message about the irreversibility of the euro,” … “This will imply in some of these areas a pooling of sovereignty in exchange for a stronger, more stable monetary union,” Van Rompuy stated “(Deepening economic union) will require a combination of two things, a significant strengthening of our rules and mechanism for fiscal responsibility and a large step in terms of integration in economic policies.” … “We have to fight for our economic and monetary union and Europe’s place in the world,” … “In Italy, it is an hour of truth.”

Soon out of Financial Nuclear Winter, that is a credit bust and global financial collapse, a New Charlemagne, will rise to power in Europe and establish Germany at the center of a powerful and authoritarian revived Roman Empire. The Sovereign, Revelation 13:5-10, will be accompanied by a Seignior, Revelation 13:11-18, meaning top dog banker who takes a cut. These two will have both sovereign authority and fiscal sovereignty, and will provide dole to those living in the Eurozone. The people will be amazed by this, and place their trust in it, Revelation 13:3-4.

Freedom and human action characterized the Milton Friedman floating currency free to choose regime, where wildcat finance, a Doug Noland term, and the seigniorage of freedom, provided prosperity. But now, constraint and fate characterise the Beast sinking currency diktat regime, where wildcat governance, and the seigniorage of diktat, will overhaul pension system, and enforce austerity measure, structural reforms, as well as mandate debt servitude.

The overall view is that God is involved in Operation Free Mankind, seen in Revelation 2:26-28, where He is destroying all forms of economic life, such as Greek Socialism, European Socialism, and Free Enterprise, so that one can be free from all sin, that is doubt, that His Son Jesus is sovereign over all the earth.

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