A weekly look at events around the world...topics of the week. How they tie into the bible..christians...the lost. This week we are focus on Europe, and the World Ecomony.
Let’s start with European Central Bank (ECB) President Mario Draghi who announce last thursday the ECB is cutting its benchmark interest rates again for the 2nd straight month just to try and stablize the EU economy. Just hours before french and german leaders were making final pitches to overhaul key european treaties to fix the crisis in the union.. read article HERE http://www.voanews.com/english/news/europe/Europe-Central-Bank-Lowers-Rates-135256073.html?utm_medium=referral&utm_source=pulsenews
Now move to the EURO- where the Standard & Poors (S&P) has threatened to downgrade the top raiting of the bailout fund for the EU debt-ridden countries. The EURO is so weak that the s&p placed 15 of 17 nations in the EU on a negative credit watch--this includes powerhouses germany & france. read article here: http://www.voanews.com/english/news/europe/SP-Threatens-to-Downgrade-Europe-Bailout-Fund-135095323.html
This week there is a EU Summit taking place. They will try and find a way to fix this situation. I will wager a guess and say that is unlikely. There are talks already of a two tier system, the U.K. is not a fan of the deal. If you follow the story you will see there is a power grab struggle with the leaders of EU countries. read the stories here : http://edition.cnn.com/2011/12/09/business/europe-debt-summit/index.html?hpt=ieu_c2
Here is a breakdown of just how in trouble the EU is now : Fourteen out of 27 countries in the European Union had public debt exceeding 60% of their gross domestic product at the end of 2010, according to official statistics--reported by CNN--read the rest of the article here: http://edition.cnn.com/2011/BUSINESS/06/19/europe.debt.explainer/index.html
In Closing: What does this all mean ?...I believe its two-fold--(1) for now the economies of the world will continue to erode, and hard working citizens around the world will continue to feel the pinch. (2) This I believe is a some-what messy but calculated strategy to set up the world system to enter in the antichrist and the 7 year tribulation. If you look around today you will see all the markets around the world are weak. Some countries are still strong like the U.S. and China, but clearly they are struggling as well. Since the economies of the world are all tied together, when one hurts..many feel it...The leaders of the world are starting to overspend their budgets...report falsely to the world about the strength of their currency or flat cant afford to function under there own economy anymore. Eventually the only thing left will be to have continents merge together...ie: the EU, the NAU (north american union) and so on. This is just one of the many avenues like hate against churches, and worldwide terror causing wars, that are merging for whats to come. A one world gov't that will rule the world for a time--and curse the creator who created it.--Only in Jesus will there be a happy ending.
For this story there are too many scriptures to mention. A good source to LQQK at how the finances and economies of our world are all part of this i would tell you to read your BIBLE. Start with the Revelation 17 & 18 . and Daniel 7 . Please also check out a great web source at
If you don't know Jesus--click on "steps 2B saved" tab & get to know Jesus.
Unless otherwise indicated, all Scripture quotations are taken from the Holy Bible, New Living Translation Use discernment (Acts 17:11, 1 Thes. 5:21).
B.A.T.T.L.E. O.F. S.O.U.L.S.