Category: european union

Posted in borders, european union, israel, peace and security

(UPDATED) EU Redraws Israel Borders to 1949 Lines

Posted on by elizabethprata

Update at bottom.

The title above is from Israel National News this evening. The recent re-attention to Israel by the US in its attempts to re-start the peace talks, Israel’s hints to engage in a military option very soon regarding Iran, and this bold and highly non-biblical, non-God approved move to re-draw Israel’s lines heats the prophetic landscape up to a very prophetic degree.

For the first time, the EU formally forbids trade with bodies located beyond 1949 Armistice lines, including Golan

“The European Union has issued orders forbidding its member states from cooperating, transferring funds, giving scholarships or research grants to bodies in Judea and Samaria, eastern Jerusalem , and even the Golan Heights, Haaretz wrote Tuesday. The new instruction, promulgated by the European Commission, which is the operative arm of the EU, sets parameters for cooperation between the EU and its members states, on the one hand, and Israeli governmental and private elements on the other. The instructions are for the years 2014 – 2020 and will go into force on Friday, July 18. The decision also states that any future agreement signed with Israel must include a section that says the “settlements” are not part of sovereign Israel and therefore not included in the agreement. A senior source in the Foreign Ministry said Tuesday that the new EU decision is dramatic, and can be called “a true earthquake.”

I agree, it is huge.

How dare they say what Israel’s sovereign borders are! Israel is its own nation, and sets its own borders. Going even higher, the LORD takes a personal and intimate interest in His nation and His Land.

“Now the Lord said to Abram, “Go from your country and your kindred and your father’s house to the land that I will show you. And I will make of you a great nation, and I will bless you and make your name great, so that you will be a blessing. I will bless those who bless you, and him who dishonors you I will curse, and in you all the families of the earth shall be blessed.” (Genesis 12:1-3)

Israel responded:

Israel Condemns EU Move to Limit Funds Beyond 1967 Border
“Israeli Prime Minister Benjamin Netanyahu said Israel would accept “no external dictates” on its borders after a European Union decision to restrict subsidies to organizations operating beyond its 1967 borders. “I would expect that anyone for whom stability and peace in the region is really important to find time to discuss this issue after resolving more urgent problems such as the civil war in Syria and Iran’s race to achieve nuclear weapons,” Netanyahu said in a text message.”

“The European Commission, the union’s executive arm, said it will soon publish “guidelines” making good on a December pledge to deny EU funding to Israeli organizations in the West Bank, Gaza Strip and Golan Heights. “All Israeli entities whose place of establishment is within the green line will be considered eligible,” EU spokeswoman Maja Kocijancic told reporters in Brussels today. The green line refers to Israel’s pre-1967 borders. The guidelines will cover central EU funding and won’t affect contracts between individual European governments and Israel, Kocijancic said. She said the result could be funding restrictions in “a very small number of cases.”

‘Disconnected Europe’

“Israeli captured the three areas during the 1967 Middle East War with its Arab neighbors. It has since withdrawn troops and evacuated settlements in Gaza and annexed the Golan in a move that has not been recognized internationally. Israel says the fate of settlements in the West Bank must be resolved in peace negotiations.”

“The EU decision shows “once again how disconnected Europe is, and why it can’t play a real partnership role in negotiations” between Israel and the Palestinians, Minister of Regional Development Silvan Shalom said today on Army Radio. Hanan Ashrawi, a member of the Palestine Liberation Organization’s Executive Committee, welcomed what she called a “significant move.” “The EU has moved from the level of statements, declarations and denunciations to effective policy decisions and concrete steps which constitute a qualitative shift that will have positive impact on the chances of peace,” she said. The decision comes before a visit to the region this week by U.S. Secretary of State John Kerry, who is trying to revive peace talks that have been suspended since 2010.”

 ~~~~~~~~~~~~~~~~~

Isolating Israel…it’s prophesied. Though the fulfillment will occur at Armageddon, the unbroken line of prophetic history hurtling us down the timeline to that moment is speeding ever closer.

“The burden of the word of the Lord concerning Israel: Thus declares the Lord, who stretched out the heavens and founded the earth and formed the spirit of man within him: “Behold, I am about to make Jerusalem a cup of staggering to all the surrounding peoples. The siege of Jerusalem will also be against Judah. “On that day I will make Jerusalem a heavy stone for all the peoples. All who lift it will surely hurt themselves. And all the nations of the earth will gather against it.” (Zechariah 12:1-3)

Netanyahu’s quote about stability and peace… yes…it’s all about peace and security.

“While people are saying, “There is peace and security,” then sudden destruction will come upon them as labor pains come upon a pregnant woman, and they will not escape.” (1 Thessalonians 5:3)

—————————–

UPDATE

War drums beating again. We’ve had a little ‘time off’ from the near misses, brinksmanship and vitriolic rhetoric, but now it’s back. This time with action, not just words. It is widely believed that Israel is behind the strike on Syria’s Russian-anti ship missiles

U.S. Officials: Israel Behind Recent Syria Airstrike
“A series of explosions last week at a critical Syrian port was the result of airstrikes by Israeli warplanes, multiple U.S. officials told CNN on Friday. Regional media widely reported the predawn explosions at Latakia on July 5, but no one had officially claimed responsibility. Three U.S. officials told CNN the target of the airstrikes were Russian-made Yakhont anti-ship missiles that Israel believes posed a threat to its naval forces. The officials declined to be named because of the sensitive nature of the information. So far, the Israeli government has also declined to comment to CNN. The Syrian rebels said on Tuesday that “foreign forces” had destroyed advanced Russian anti-ship missiles in Latakia, hinting that Israel may have been behind the attack.”

But then later the US said for sure that Israel did the deed.

Russia did not take that lightly, or even lying down. “coincidentally” Russia just ordered 160,000 troops to combat readiness in a “surprise drill” and said to be ready by July 13.

‘Russia stages large-scale military drills’
“Russia has staged large-scale military exercises in the country’s Eastern military district aimed at enhancing the defense capabilities of its armed forces, Defense Ministry says. The drills, which are the largest surprise check of combat readiness of the Russian military in the post-Soviet period, started on Saturday. The surprise training exercise involves over 80,000 troops, some 1,000 tanks and armored vehicles, 130 aircraft and helicopters 70 warships and will continue until July 20. “The main goal of the drills is to check the readiness of units to carry out their missions, and to assess the quality of their training and technical preparedness,” Russia’s Defense Ministry said in a statement. On Friday, during a meeting with Defense Minister Sergei Shoigu Russian, Russian President Vladimir Putin ordered an unexpected military drill, urging all forces to enter a state of full combat readiness on the night of July 13.”

Remember, there is a prophecy regarding a yet-unfulfilled battle of Psalm 83 involving a surprise attack on Israel by all of Israel’s abutting neighbors (which Israel wins, claiming the lands). There is also prophesied a surprise attack led by Russia along with Turkey and Israel’s further neighbors that is also yet unfulfilled (Ezekiel 38-39). Both of those are widely believed to be end of last days prophecies or prophecies to be fulfilled during the Tribulation. No one is quite sure of the order, as in which comes first or maybe they are nearly simultaneous, but many believe that Psalm 83 would be fulfilled first because Israel is said to be dwelling in the center of the Land in Ezekiel 37:12 and had accumulated much goods. Israel is prophesied to in the Psalm 83 battle and it is supposed that she spreads out and occupies her abutting, by then defeated neighbors. None of these neighbors make another murmur, and are not listed in the Gog-Magog coalition, so it seems that they would be set aside or nullified first. Many believe that a defeat in Psalm 83 does the trick.

Isaiah 17:1 and onward prophesies the complete destruction of Damascus, Syria and its environs. This also has never been fulfilled.

“On that day I will make the clans of Judah like a blazing pot in the midst of wood, like a flaming torch among sheaves. And they shall devour to the right and to the left all the surrounding peoples, while Jerusalem shall again be inhabited in its place, in Jerusalem.” (Zechariah 12:6)

Posted in collapse, eu, eurogeddon, european union, lisbon Treaty

How what is happening in the European Union has prophetic implications in the near term

Posted on by elizabethprata

The prophecies are not just about pointing to literal events prophesied to happen, such as the destruction of Damascus or the attack by Iran and Russia on Israel. The prophesies also describe the states of mind and emotional turmoil that will accompany the conditions that God is setting up for His final pieces to be fulfilled. This essay is about the emotional and mental conditions that are prophesied and are already here. First, this excerpt from the Sydney Morning Herald–

EU leaders roll the dice as eurogeddon looms

‘Eurogeddon’? Interesting way to put it.

“Could the Euro be saved? After an all-night session of crisis talks Brussels, European leaders came up with a plan to tackle the growing debt crisis, but it split the European Union. According to the President, 26 were open to a new treaty with strict budget oversight, but Prime Minister David Cameron said Britain won’t be joining. … The treaty changes Germany’s Chancellor Angela Merkel and the French President, Nicolas Sarkozy, proposed in Paris this week would have been inconceivable at the beginning of the crisis, since it requires states to cede a significant degree of economic sovereignty. It is a process that many observers, in particular the populist British media, say is well under way. German dominance of the euro zone, they say, with Dr Merkel as the unofficial but unchallenged leader of Europe, has already arrived.”

Ceding sovereign authority is a Tribulation condition, as the world is re-drawn into ten kingdoms with one currency. (Revelation 17:12, Revelation 13:16-17)

The article continues in easy-to-read fashion, focusing on Dr. Merkel as a person and a leader, and illustrating the rise of Germany (which is never good for Europe). She is known as The Iron Chancellor, and is seen potentially as the “savior of Europe”. No she is not the antichrist, that is going to be a man. (Daniel 7:24-25). But the profile of Germany’s prominence as a nation and its current leader at this juncture as the European Union teeters, is an interesting read, especially keeping in mind the role that Europe plays in prophecy as the revived Roman Empire.

The treaty they mention as the basis for their talks is the Treaty of Lisbon (Lisbon Treaty). “The Lisbon Treaty is the latest of the Treaties which, to date, have amended previous Treaties on the basis of which the Communities and the European Union were founded, such as the Single European Act (1986), the Treaty on European Union (Maastricht Treaty) (1992), the Amsterdam Treaty (1997) and the Treaty of Nice (2001).” (source)

Because European leaders are mentioning a treaty at this time, we wonder if the Lisbon Treaty is THE treaty, or THE covenant that Daniel mentioned the antichrist will make strong. I do not think that it is the same one.

Daniel 9:27 says: “He will confirm a covenant with many for one ‘seven.’ In the middle of the ‘seven’ he will put an end to sacrifice and offering. And at the temple he will set up an abomination that causes desolation, until the end that is decreed is poured out on him.”

In the Hebrew lexicon, “covenant” is just what it says, a covenant or a league or a treaty. To make strong; is an interesting word translation: in the Hebrew it means “prevailed” and also “conduct himself arrogantly” and/or “to strengthen.” Given the Antichrist’s other qualities that also include flattery and arrogance (Dan 7:8, 7:20), we can see a picture emerge of this prophesied treaty in which this evil man boastfully pressures the other leaders into accepting a treaty in which his version prevails. The antichrist is one among many of the league who sets the treaty in place but he himself will not be made known until halfway through the 7 years of the prophesied length of the treaty, when he puts a stop to the sacrifices in the temple. But he will have been one of the group that strengthens the covenant three and a half years earlier, which dwindles the potential candidates from anyone in the world, to one who is involved with a covenant that is made strong by a small group of leaders. The Church may or may not be here to see the treaty being signed but we will definitely not be here to see the antichrist revealed. Personally, I’m looking for Jesus the Sinless One, not the Man of Sin.

In looking at the lexicon, (source), Daniel 9:27 is presented as a list in each phrase with definitions. Removing the definitions, the verse reads like this: “And he will make a firm covenant with the many for one week, but in the middle of the week he will put a stop to sacrifice and grain offering; and on the wing of abominations desolate, even until a complete destruction one that is decreed, is poured out on the one who makes desolate.”

To me, because the verse speaks of a covenant, a length of time, and in the same sentence the breaking of the covenant by breaking the sacrificial activities, the verse seems to indicate one is tied to the other. That the treaty will have in place a method for allowing sacrifices inherent as one of the clauses. If this is so, then the Lisbon Treaty is NOT the treaty the antichrist makes strong.

So what does all this Euro/EU brouhaha have to do with prophetic times? First of all, it is setting conditions that will allow the antichrist to come to power and be accepted by the world. If Angela Merkel does not ‘save the European Union’ it will be all the more a devastating collapse. Secondly, it has to do with this, a condition that is prophesied:

This: “And there shall be signs in the sun, and in the moon, and in the stars; and on the earth distress of nations, with perplexity; the sea and the waves roaring;” (Luke 21:25)

I’ve mentioned before that the ‘sea and the waves roaring’ in my opinion has to do with the populations in unrest. A figurative tsunami of anger and outcry, if you will. I believe this because in Isaiah 17:12 mentions the definition of sea when it is used figuratively, “Oh, the raging of many nations–they rage like the raging sea! Oh, the uproar of the peoples–they roar like the roaring of great waters!” Interestingly it is from the chapter of Prophecy of the destruction of Damascus, an event that is also predicted to happen in future times, which is almost presently upon us.

The word perplexity literally translates as “I am in difficulties, am at my wits end.” The Greek word aporeo is from a compound word, “to have no way out, i.e. Be at a loss (mentally) — (stand in) doubt, be perplexed.” In the Luke verse, the Greek word for roaring is literally, “rumor or report“.

So now let’s put the Luke verse together. You can picture the people roaring as currency crashes, or hyperinflation arrives, or anger as their leaders are in perplexity as to how to solve these unsolvable issues. Don’t forget that there will also be a lengthy period of wars and rumors of wars. You know how wearing rumors are. If a rumor ever swept your workplace that layoffs are coming, you know the emotional exhaustion that accompanies rumors and reports. The longer it goes on the more angry and upset you get. You know how relieved you feel when you get actual information and actual solutions. Even if you are one who got laid off you almost feel relieved because now at least you can make plans and go forward. Now magnify that feeling by all the world’s population and the global distress and perplexity over years of time, and you have a picture of the state of mind of the people of the world that accepts the antichrist.

The verses from Isaiah, Luke, and Daniel illustrate both literal events and states of mind that lead to the treaty’s signing, and the attendant relief that accompanies this seeming resolution. Now this last quote from investor Jim Sinclair, interviewed this week on the events in the European Union about the currency and financial issues in an article titled Why the financial system is imploding:

“There is no one out there who has a plan that has a practical application which can change what is now. There is no practical solution being offered. There is no politician who has the courage to do the necessary and if the necessary was done, the system is so fragile that it would totally implode.”

No one has an answer! Perplexity… Rumors… Reports… Anger… Fear… An entire continent is consumed with feeling these things, and it does not bode well for the immediate future.

Or, as the Sydney Morning Herald titled it in the article I opened with: EU leaders roll the dice as eurogeddon looms.

“Implode”, “Eurogeddon” … and when they ‘roll the dice’, we already know from the bible that what comes up is snake eyes.
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Posted in barroso, end of days. prophecy, end time, eu, european union

Is the euro doomed? Barroso thinks so

Posted on by elizabethprata

Daniel 2 and Daniel 7 speaks of the 4 world empires that will dominate the globe in Daniel’s time and forward to the end. In Daniel 2 it’s the statue of Nebuchadnezzar and in Daniel 7 it is a picture of a beast. The four empires are Babylonian, Medo-Persian, Greek and Roman. The Roman empire came and went already but the empire was actually not conquered nor did it really fall hard. It simply petered out, sputtering to a near-halt and was simply merged in with the other tribes that were around in those days, particularly the Visigoths. Because the empire never was conquered its integrity as a culture still exists. It only needs reviving. And be revived it will, and when it does, the antichrist will emerge from it.

“Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces. And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.” Daniel 7:23-24.  The fourth beast is the Roman Empire, as it is the ten toes of the Nebuchadnezzar statue, toes that are iron and clay, mixed, holding together for a little time but then falling apart.

It’s been interesting since 1993 to watch the European Union come together. The European Union was formally established when the Maastricht Treaty came into force on 1 November 1993 and grew from three to 12 to 17 and now to 27 member nations. There are not 10 nations as prophesied but the union is morphing into new geo-political organizations at all times so we know the end will be just as the prophecy says. How that occurs is the exciting thing, as we watch the Lord our God bring these pieces together to make come to pass what He has said.

I had written two days ago in that economic piece, “We do not know what the exact catalyst will be for the last Empire to emerge, nor are we told exactly when, but we do know that it will happen. Will Europe collapse all the way, only for the antichrist to arise from the chaotic smoke of the falling empire? Will Europe hang on and the antichrist appear at the right moment to offer a solution so that it will not fall? Either way, the pieces are in the air and it is both exciting and unnerving to watch them play out their final arc in the face of bible truth.” And with the imminent European economic collapse, there are calls for a new super-state.

‘SAVE THE DOOMED EURO BY SETTING UP A NEW SUPER-STATE
“THE EU’s top bureaucrat yesterday claimed that only a fully-fledged super-state can save the euro. Jose Manuel Barroso, the Commission’s President, said the deepening economic crisis in Europe was a “fight for integration”. His outburst was seen by opponents of the march towards a federal Europe as exposing the ultimate ambitions of the Brussels bureaucracy.” The EU top bureaucrat went on to say, “What we need now is a new, unifying impulse, a new federalist moment – let’s not be afraid to use the word,” Mr Barroso told the European Parliament in Strasbourg.”

Make no mistake, a ‘new federalist movement’ is a movement that aims for a global federal system of strengthened and democratized global institutions. A more centralized government that is stronger, and if there is a more centralized government, it means a stronger leader occupying the role of power.

Not everyone was enamored with Barroso’s idea of a stronger and more centralized European government. UK Minister of Parliament Tory MP Douglas Carswell, said: “This is a fight for Europe’s fat cats to cling on to their privileged positions and their taxpayer-funded fiefdom. “It is not in the interests of the ­millions of people around Europe who have been oppressed by Barroso and his ilk’s currency scam. “The sooner the euro breaks up, the better. People need a currency that works for them. “And who voted for Barroso to lord it over us, anyway? He is an unelected bureaucrat who is overseeing a system that is falling apart.”

I don’t know if the European Union will fall apart completely or if it will turn inward and get stronger. But what is most interesting to me is neither of those things. What is intriguing is that the President of the European Commission Manuel Barroso and the UK Parliament Minister Douglas both said that the EU is falling apart. As always, stay tuned. What will emerge from the ashes will, I am convinced, be the final iteration from which the final empire of the antichrist’s evil hammer will oppress the Tribulation survivors.
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Posted in economy, european union, eurozone, prophecy

International alarm grows over fate of Europe’s failing economy

Posted on by elizabethprata

I had written last night that Greece was said to be defaulting. However, those reports were almost immediately retracted. I wrote that no matter if the default is now or later, it will come, given the numbers. The level of debt Greece is staggering under cannot be borne much longer. Nor can Italy’s, Spain’s, or even the US’s debt be borne by those nations much longer for that matter.

This Jefferies report quoted in Zerohedge lays it out clearly on how and why the European economic failure will be just as bad if not worse than the one the US suffered in 2008. Jefferies is a full-service securities and investment banking firm serving companies and their investors globally, not some pajama blogger or fringe guy who thinks he has a handle of geo-political economics. This is the real deal. In the report, Jefferies lays out the European end game.

“The bottom line is that it looks like a Lehman like event is about to be unleashed on Europe WITHOUT an effective TARP like structure fully in place. Now maybe, just maybe, they can do what the US did and build one on the fly – wiping out a few institutions and then using an expanded EFSF/Eurobond structure to prevent systemic collapse. But politically that is increasingly feeling like a long shot. Rather it looks like we will get 17 TARPs – one for each country. That is going to require a US style socialization of each banking system – with many WAMUs, Wachovias, AIGs and IndyMacs along the way. The road map for Europe is still 2008 in the US, with the end game a country by country socialization of their commercial banks. The fact is that the Germans are NOT going to pay for pan European structure to recap French and Italian banks – even though it is probably a more cost effective solution for both the German banks and taxpayers.”

It is a very good report. Even I understood it, and math and economics is not my strong point.

British economics reporter Ambrose Evans-Pritchard wrote about Germany’s and Greece’s mutually assured destruction. Pritchard is another guy I like to read. He is sound. He wrote,

Germany and Greece flirt with mutual assured destruction
Bild Zeitung populism has prevailed. Germany is pushing Greece towards a hard default, risking the uncontrollable chain reaction so long feared by markets.
“Whoever thinks that Greece is an easy scapegoat, will find that this eventually turns against them, against the hard core of the eurozone,” said Greek finance minister Evangelos Venizelos. Greece can, if provoked, pull the pin on the European banking system and inflict huge damage on Germany itself, and Greece has certainly been provoked.”

In the wake of all this economic news from Europe, Moody’s downgraded France’s largest banks today.

“Moody’s Investors Service downgraded two of France’s biggest banks Wednesday, Société Générale, Crédit Agricole, citing their exposure to the Greek economy and the fragile state of bank financing markets. It kept a third, BNP Paribas, under review … France brushed off concerns about its biggest banks Wednesday, insisting that it had no plans to nationalize any of them despite a credit rating downgrade linked to their exposure to the limping Greek economy.”

The Polish Finance Minister warned that Europe was about to collapse, though his comments engendered a firestorm under which he ‘clarified’ and partially retracted. He said,

“While speaking at the European Parliament in Strasbourg on Wednesday, Polish Finance Minister Jacek Rostowski warned that Europe was in grave danger of collapsing if the euro zone debt crisis was not resolved rapidly. Europe must be saved at all costs, he added. Anxieties regarding the euro zone debt crisis have been mounting this week. Many judge US Treasury Timothy Geithner’s announcement that he will attend a meeting of euro zone finance ministers in Wroclaw this Friday as yet another sign of the seriousness of the situation. “We should not deceive ourselves, if the euro falls apart, then Europe will not survive the shock for long,” said Mr Rostowski during his speech on Wednesday. … Also speaking in the European Parliament on Wednesday, European Commission President José Manuel Barroso also underlined that Europe’s future was at stake. “We are facing the biggest crisis of this generation,” said Mr Barroso. “It’s a struggle for the political future of Europe, for European integration as a whole,” he added.”

It IS a struggle to hold things together when all the forces of evil, history, and prophecy are tearing them asunder. The final empire that reforms out of this crisis and emerges in the last days will fall apart, as well. This is foretold in Daniel 2.

Wayne Blank wrote, “In the Bible study Daniel’s Statue we looked at the curious prophetic symbol found in the book of Daniel. The vision of the statue was given by God to King Nebuchadnezzar of Babylon in a dream. The dream was interpreted by the prophet Daniel. The statue was a composite, made up of different materials to represent the successive human empires that ruled the land of the Bible and beyond. With the starting point of the Babylonian “head of gold” plainly stated to us by Daniel, Bible History and secular history both provide us with the other pieces of the puzzle that fit perfectly: after the Babylonian empire came the Persian empire (the chest and arms of silver); then the Greek empire (belly and thighs of bronze); and finally the Roman empire (the legs of iron). The legs of iron terminated in the feet which were composed of a mixture of iron and baked clay. Daniel provides us with a fascinating description of the “feet.” The iron in the feet is described as a group of different peoples (nations) that despite their differences in language and culture, come together for a short time to fulfill an important stage in God’s plan. The “baked clay” in the feet is the necessary binding agent that holds the pieces of iron together. A common religion, led by a popular, and eventually great miracle-performing leader, is thought to be the baked clay.”

We do not know what the exact catalyst will be for the last Empire to emerge, nor are we told exactly when,  but we do know that it will happen. Will Europe collapse all the way, only for the antichrist to arise from the chaotic smoke of the falling empire? Will Europe hang on and the antichrist appear at the right moment to offer a solution so that it will not fall? Either way, the pieces are in the air and it is both exciting and unnerving to watch them play out their final arc in the face of bible truth.
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Posted in bible jesus, european union, greece, one world economy, tribulation

Reports of Greece’s economic default quickly retracted

Posted on by elizabethprata

The economy is dying. We can hear the death rattle and see the seizing gasps.

We read that in America, poverty is rising to unprecedented proportions. We read heartbreakingly that almost one quarter of all US children are living in poverty. Income is plummeting, and job growth is stagnant with unemployment at new heights.

In Europe, the situation is worse. Far worse. The Euro-zone, that is, European nations that have linked up their economies under one currency, are defaulting or are at near default. Greece has been teetering since the crash of 2008. Successive bailouts by the wealthier European nations have proven fruitless. “The Greek debt-to-GDP is currently at 140%. It will be close to 180% by year’s end (assuming someone gives them the money). The deficit is north of 15%. They simply cannot afford to make the interest payments. True market (not Eurozone-subsidized) interest rates on Greek short-term debt are close to 100%, as I read the press. Their long-term debt simply cannot be refinanced without Eurozone bailouts” wrote economist John Mauldin recently.

The problem is if Greece goes, Italy and Spain might go. Italy recently turned to China for help and it looks like China will help. But is it all too late? Is the snowball too big and rolling down the hill too fast? Reports from The Netherlands tonight state that Greece is already defaulting.

Translated from Dutch:
FINANCE: GREECE GOES BANKRUPT
“The bankruptcy of Greece is under the Ministry of Finance inevitable. Sources that have reported to RTL News. The question of the ministry is no longer whether but how Greece went bankrupt. Greece would be impossible to meet all debt obligations. The ministry calls for a controlled form of bankruptcy to prevent panic. Problems occur in other countries…If not in a controlled manner is, other weak euro countries like Italy and Spain in big trouble. If these countries do not stand up, pop the eurozone apart and chaos is incalculable.”

Because economic news is so skittishly tied to the rumors that prop up stocks and finance, and any report as bombshell as this one would ignite the whole Euro-zone, the push-back was swift. Denials were almost immediate. The following headline is original to Business Insider:

THAT WAS FAST: Now The Dutch Are Denying Reports Of Inevitable Greek Default
“Update: Unbelievable, the report has already been rejected by the Dutch. The speed of rumor and rumor-denial right now in the markets is just bonkers.”

The international alarm is growing as euro zone crisis grows
“International alarm over Europe’s debt crisis hit new heights on Tuesday, with President Barack Obama pressing the bloc’s big countries to show leadership as talk of a Greek default escalated and markets heaped pressure on Italy. German Chancellor Angela Merkel sought to quash talk of an imminent Greek default or exit from the euro zone, but confusion over whether she would issue a joint statement on Greece with French President Sarkozy sent markets gyrating up and then down.”

Why is there such panic over a Greek sovereign default? Here is a “REMINDER: Here’s Who Gets Crushed If Greece Goes Bust“
1. Japanese banks hold $432 million in Greek debt
2. Spanish banks hold $540 million in Greek debt
3. U.S. banks hold $1.5 billion in Greek debt
4. Italian banks hold $2.35 billion in Greek debt
5. UK banks hold $3.4 billion in Greek debt
6. French banks hold $14.96 billion in Greek debt
7. German banks hold $22.65 billion in Greek debt
8. Greek banks hold $62.8 billion in Greek debt
9. But banks in Europe have been working to cut their exposures
10. Greek Banks Downgraded by S&P
11. Moody’s expected to downgrade Soc Gen, BNP Paribas, and Credit Agricole this week
12. …

No wonder they are panicking. Globalization apparently has its downsides. So what do this have to do with the end time and then the Tribulation?

Revelation 6 and Revelation 13 and Revelation 18, that is the tie-in. Revelation 6 shows us that the Third Horseman is famine. “When He broke the third seal, I heard the third living creature saying, “Come.” I looked, and behold, a black horse; and he who sat on it had a pair of scales in his hand. And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

A denarius at that time was an entire day’s wage. So people in the Tribulation are working but the inflation is such that it takes a whole day’s pay to get a loaf of bread. Revelation 13:16-17 shows us that the global economic system has been reformed into a tightly controlled, one-currency system overseen by one man: the antichrist. We do not have such a system now, but the world will when the Tribulation arrives. Last, Revelation 18:11-16 shows that despite the terrible poverty of most of the world crying for enough pay for a loaf of bread, luxuries are traded by people who are still wealthy. There is the abject poor dying int he muddy streets, and there is the grossly rich laughing it up during the most depraved tiem in all human history.

Things are progressing quickly now. Hal Lindsey’s report this week was tremendously informing of the untenable situation in Syria. It is called “Fortress Syria.” He lays out the pieces leading to the Isaiah 17, Psalm 83 and Ezekiel 38-39.

In Israel, there are reports of unrest. Right wing extremists are turning from targeting Arabs to targeting their own Israelis.
“Extreme right-wing Jewish activists in the West Bank have moved from spontaneous acts against Arabs – following the demolition of Jewish homes by Israeli authorities, or terror attacks against Jews – to organized planning that includes use of a database of potential targets, according to new analysis by the Shin Bet security service.”

Rife with natural disasters, 2011 will become the most expensive weather year ever. Several volcanoes are waking up, “It has been almost 20 years since there has been any volcanic activity in these stretch of four volcanoes, but two are on yellow alert after signs that that dry spell of activity may be coming to an end soon. Ruiz and Machin are both on elevated alert status, but Machín is the more interesting of the two as it has likely been almost 900 years since it last erupted.” The magma dome on Alaska’s Cleveland volcano is growing, and the worst case scenario of La Palma in the Canary Islands shows growing quake swarm.

Things are falling apart. There is no other way to say it. Things and coming apart politically, economically, financially, and naturally. This is by God’s design. He allows sin to take its natural course, and that always means degradation of all things. Satan is in charge of this world and that means that evil reigns. God impacts the world at His decision and in His way and that means disruption of all humans systems. Why? because God is a Big Ole Meanie? No. Because His ways are best and ours are not. Because He has told us righteous ways of living and proper governments and we fail because we are sinful.

The things will fall apart and He will allow it because in the end, the government is on His shoulders. “For a child will be born to us, a son will be given to us; and the government will rest on His shoulders; and His name will be called Wonderful Counselor, Mighty God, Eternal Father, Prince of Peace.” (Isaiah 9:6)

“Politics and government. We seem to see them as necessary evils, bringing frustration in the present but still giving us hope for the future. Our contradictory attitudes about politics are revealing. We recognize the failure of human solutions, but at the same time we know something must be done to fix what’s broken in the world. What man can’t do, God has done; He’s given the Messiah.”

“The government will rest on His shoulders” affirms His lordship. This verse looks to a time still future when Christ will reign over a literal, earthly, geopolitical kingdom that encompasses all the kingdoms and governments of the world (cf. Daniel 2:44; Zechariah 14:9).

“In that day, the government of the whole world will rest on His shoulders. But until that time, His kingdom is in an invisible form (cf. Luke 17:20-21). The Messiah’s rule is over those who trust Him and obey Him as Lord. It’s currently an invisible kingdom, but will one day become visible and universal as His rule extends even over those who do not acknowledge His lordship in their hearts.”(source)

That time is fast approaching. I see it coming and I know the Lord is my friend. Is He your friend, or your enemy? Will He usher you into His kingdom and welcome you to His government? Or will He banish you into oblivion as an enemy? He leaves the choice up to you.
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