The truth is that 'ALL' the major economic powers of planet Earth have long been producing major 'economic bubbles' that 'pop and explode' sooner or later !!! The USA is carrying one of the world's largest national debts in the entire history of planet Earth
( $ 20+ Trillion USD ) the Chinese economy has produced one of the world's largest 'triple economic bubbles' of all time almost simultaneously ( real estate, credit & stock-investment bubbles ) in the history of this planet and while the $EURO may be in trouble; the truth is that most if not all of the world's top capitalist societies have been running national debts that will never be paid back; Great Britain is one of the top examples of this; Brexit or no Brexit !!! And it doesn't even stop there; all three of these major economic powers have been printing currency like crazy with no gold to back up all this new paper & digital money ! The 'million dollar' question is which economy will be the first to implode and pop ? ( China's, the USA's or the $ EURO ? ) 'ALL' of these economic bubbles 'WILL' explode and pop in the future and that is one of the many reasons why the 666 Mark of the Beast $$$ will be : created, launched & implemented in the future !!! The truth is that most of the countries and economies of this planet 'Trust' the $ EURO more than the non-floating and tightly controlled 'Chinese Yuan' ( Chinese currency ) that is artificially controlled by the Chinese communist government !!!
While what the WSJ stated about the EU in 2013 continues to be true about the EU in this 2017, this student of International Politics could equally come up with a very 'long list' of the failures of : Chinese Communist-Capitalism, the failures of the United Nations, the failures of the Arab League and of other International actors/alliances and world powers. This student of Bible Prophecy reminds everyone that many wrote off Israel and the Jews centuries ago and look at what happened on May 14, 1948 just as Isaiah Prophesied !!! ( Isaiah 66 : 8 & Ezekiel 37:1-14 ) The truth is that this 4th Roman Beast has yet to be 'FINALIZED' so this student of Bible Prophecy is 'NOT' counting out the European Union anytime soon !!! Students of history know very well that 'WAR' changes the fortunes of some at the expense of others and the upcoming wars that are prophesied in the Ezekiel and Isaiah will turn the fortunes '180 degrees' of what seemingly appears to be a presently declining European Union !!!
The truth that the Wall Street Journal failed to address in their article was that the $EURO continues to be one of the most circulated currencies in the world and although it is true that the EU is full of 'bureacracies and red tape' when you compare their political problems with those of most of the rest of the 'developing world' they are still 'light years ahead' in political progress. People are not starving to death in the bureacratic ridden EU and most markets all over the EU are full of 'goods' ( food staples ) in comparison to countries such as : Venezuela, Cuba & some 100+ worse off countries living in some form of an authoritarian regime that are bordering on starvation and even higher unemployment statistics !!!
Many are those who have long predicted the failure of the European Union; secular political 'experts' as well as a few Bible Prophecy 'teachers' who are looking for an Islamic Caliphate with 10 King's and even internationally reknown Psychics !!! So far they have 'ALL' been proven wrong !!! ( Bulgarian peasant Baba Vanga 'a famous blind mystic' claimed that a vision came to her showing Europe desolate & deserted in 2016 following a series of devastating catastrophes which rocked the continent. The sightless seer, who is credited with an 85 per cent success rate by her followers, apparently predicted the downfall of the eurozone's political elite, adding that Europe will "cease to exist" in 2016; she too was wrong !!! )
According to several political experts the EU has failed the most important test or has it ? According to the Wall Street Journal, for several years now, EU officials have addressed the economic downturn with remarkable single-mindedness. They’ve imposed severe austerity (reducing government debts through drastic cuts in spending along with tax increases) particularly in those countries with the largest debts, the so-called “ periphery” How well is it working? Let’s use Ronald Reagan’s test for Jimmy Carter: are people better off now than they were four years ago? The region has just completed its six straight quarter of recession. Overall unemployment has risen steadily for two years, now topping 12 percent. In several countries, unemployment rates are at Great Depression levels 17 !!!
What most fail to see in the European Union is that 'DESPITE' their problems the 28 nations that make up the European Union compose the world's largest trading bloc as well as being home to the world's largest and most successful military alliance in the history of planet Earth via NATO !!! While some are proclaiming and wrongly teaching that 10 Islamic nations/King's will make up the final endtimes Beast of Revelation when we look closer into it; the truth is that 'MOST' Islamic countries bordering the Mediterranean are living in an almost barter/black market economic system that is decades if not centuries behind those of Europe and China's !!!
The truth is that the European Union is suffering through similar 'birth pangs' ( growing pains ) as any other major economy that goes through 'boom and busts.' While unemployment is a problem in Spain, Portugal and Italy; the truth is that when you compare the EU's problems with those of 'most' of the rest of the 150+ nations that are 'NOT' a part of the European Union you will find out that most of the rest of the economies of the world are in a somewhat similiar situation as the EU and the truth is that most of the African and South American economies are in a much worse economic shape than the European Union !!!
The European Union so far has proven to be more of a success than a failure because it did 'STOP' European countries from waging war against each other !!! ( England, France and Germany have long been fighting several major wars even before European Imperialism began as well as in World War I and II. ) For several years EuinProphecy.com has been teaching that the present European Union will be 'Reformed and Re-structured' in the future. Most if not all European countries have for centuries made numerous treaties with one another that even predate the modern European Union launched in 1951 ( ECSC ) ( The present day EU was launched in November 1, 1993 *)
Geographically speaking the European countries can 'NOT' run away from one another; for 'better or for worse' they are a product of : WW I, WW II and numerous : economic, political and military treaties and in the remotest possibility that the EU should be break somehow in the future; Bible Prophecy 'GUARANTEES' that they will 'ARISE' as one during the Tribulation period led by 10 King's to the astonishment of the rest of the world !!!
( Revelation 17 : 8 and 13 : 3 )
Few Europeans seem to believe such integration is actually possible; many recoil at any suggestion of a “United States of Europe.” Given the widespread ambivalence and lack of clarity on how a reformed EU would look, the prospects for a successful and total integration look bleak. That’s because even under the best of circumstances, achieving it would be an extremely difficult and long haul.
It took the US the better part of 80 years; and a horrific Civil War, to complete our own integration, transitioning from a loose confederation of colonies, and then states, into a true union. Why should Europeans expect to have an easier time of it, particularly in view of their deep cultural differences and centuries-long history of wars and acrimony?
The WSJ believes that Europe will muddle on trying to “reform” the EU system around the margins. European economists and officials will likely remain steadfast in their belief that their policies have been right all along, that all they need is yet more time, and that the real fault lies with the moral defects of those living in the periphery nations, who must be compelled to do what’s good for them and for the EU as a whole. This sounds too much like old Europe to them (and not in a good way). According to the WSJ it would be better to start now directing our efforts and energy to winding down the whole EU project as quickly as possible; and in parallel to ramp up efforts and policies to help European economies to prosper as separate nations, learning how best to work together.
EuinProphecy.com has been on the internet since 1999 and almost every year since then has this 'Student of Bible Prophecy' been reading and hearing someone's prediction of the end of the European Union and so far they have fallen short of accuracy !
Yes, the European Union and the Eurozone will be 'Re-Vamped' somehow in the future, according to the Biblical Prophecies there are several major wars coming up that will reshape the present state of the global economy as well as the major military powers : Russia and the USA. The European powers are 'Guaranteed' to fill in the : political, economic and military vacuum left behind by both Russia and America !!!
By : Mario Romano, geographically the European countries can 'NOT' run away from one another regardless of what may come. Their destiny has been tied up for centuries to one another for better or for worse. Most EU elites as well as the common European acknowledge that they are in competition with the : USA, China as well as with other 'Bric' countries and they know that divided they fall 'BUT' that united they will be able to survive and that is exactly what Bible Prophecy guarantees will happen shortly in the future !!! The prophecies found in the Book of Daniel and Revelation 'GUARANTEE' that the world has 'NOT' seen the last and final encarnation of the 4th and Final Beast that will devour and dominate the rest of the world during the Tribulation period !!! All Glory & Honor be to JESUS CHRIST !!!
By : Mario Romano, geographically the European countries can 'NOT' run away from one another regardless of what may come. Their destiny has been tied up for centuries to one another for better or for worse. Most EU elites as well as the common European acknowledge that they are in competition with the : USA, China as well as with other 'Bric' countries and they know that divided they fall 'BUT' that united they will be able to survive and that is exactly what Bible Prophecy guarantees will happen shortly in the future !!! The prophecies found in the Book of Daniel and Revelation 'GUARANTEE' that the world has 'NOT' seen the last and final encarnation of the 4th and Final Beast that will devour and dominate the rest of the world during the Tribulation period !!! All Glory & Honor be to JESUS CHRIST !!!