May 21, 2010

Europe's Economic Crisis Could Cause Serious Risk to America's Economy and to the Economies Around the World

Jimmy DeYoungBy Dr. Jimmy DeYoung
Prophecy Today

As the financial ministers in the 27 member states of the European Union meet to deal with the growing economic crisis in Europe financial experts in the United States and around the world say what is happening in Europe could effect the global economic crisis already in place. The European Union financial ministers and the Eurozone leaders are working to contain the financial crisis that has been caused by the economic situation in Greece and this very bad problem could even bring an end to the Euro, the currency of the European Union.

Heads of state around the world and their financial advisers are calling for a global economic structure that they say would prevent such a worldwide crisis from happening again.

Jimmy's Prophetic Prospective on the News

The call for a global economic structure to prevent a worldwide financial crisis like that of Europe and in fact the entire world is a scenario from the pages of Bible prophecy.

The economic crisis in Europe has the attention of the financial leaders around the world fearing the possibility that a similar scenario could unfold in their own countries and even spread across the globe. Many economic experts are saying that the Euro, the common currency of Europe, that the Euro as we know it is dead. The jury is still out on the survival of the Euro but the world indeed is very fearful that this economic global crisis is only going to get worse before it gets better. This is, as I said, a page out of Bible prophecy.

In the book of Revelation the world dictator, better known as the Antichrist, will set a world economic headquarters to control all selling and buying across the globe. That location is Babylon according to Revelation 18 which is modern-day Iraq. The Antichrist will cause everyone who wants to buy or sell anything even the essentials of life to have an identification mark on the forehead or the back of the hand (Revelation 13:16-17). Though this may seem impossible, today's global economic crisis is setting the stage for just such a scenario to be played out. Bible prophecy will be fulfilled.

Related Links

Warnings grow of a possible 'double dip' recession if EU troubles spread - Los Angeles Times
Back to Babylon - (Andy Woods)
Iraq eyes huge crude oil increase - World News Network
Merkel begs G20 to speed up reform as markets fall - The Independent
Cashless: Bible Prophecy, Economic Chaos, and the Future Financial Order - Mark Hitchcock (Book)