Oct 20, 2008

US President Bush And European Leaders Agree On The Fact That The World's Financial System Needs Reform

By Jimmy DeYoung

At a meeting between US President George W. Bush, French President Sarkozy, and the European Commission President Barroso, held at the presidential retreat at Camp David, Maryland, these three world leaders agreed there are challenges facing the global economy and that there needs to be put in place a worldwide financial system that will take care of the present global financial crisis. The three leaders will approach other world leaders both from the richest nations of the world and the newly emerging economies such as China and India, and try to reach an agreement to avoid a repetition of the present crisis and at the same time, assure global prosperity in the future.

Jimmy's Prophetic Prospective on the News

The call for a worldwide financial system that is the answer to the present global financial crisis by three major world leaders is a scenario that fits the prophetic scenario that can be found in Bible prophecy for the last days.

The present worldwide financial crisis has caused world leaders to look for a solution for the crisis that has nations giving up their independence and looking for a global answer to the crisis. US President Bush, French President Sarkozy, and the leader of the powerful European Commission, President Barroso, have decided to travel the world and bring national leaders to the summit table to discuss the global system that must be put in place to resolve the present global crisis.

The emerging world financial powers, China and India, have already called for an international financial control and regulatory system to protect the economies of the world. This scenario is very similar to the scenario that can be found in Bible prophecy for the End Times.

Daniel 7 speaks of the Revived Roman Empire coming to power as an economic superpower led by a very powerful world leader. European Commission President Barroso called for French President Sarkozy to become that powerful permanent president of the European Union which is at least the infrastructure for the Revived Roman Empire. Revelation 13 and 18 says that this world leader will come to power because of a worldwide economic solution that prevents a global financial crisis.

World leaders calling for an international economic system at this time to resolve the global financial crisis does indeed set the stage for Bible prophecy to be fulfilled.