We are living in exciting times. The Signposts point to Jesus soon return.

Thursday, December 31, 2015

How the EU could collapse in 2016

Prophecy Sign:  The European Superstate

“He gave me this explanation: ‘The fourth beast is a fourth kingdom that will appear on earth. It will be different from all the other kingdoms and will devour the whole earth, trampling it down and crushing it.  The ten horns are ten kings who will come from this kingdom. After them another king will arise, different from the earlier ones; he will subdue three kings. Daniel 7:23-24 NIV

How the EU could collapse in 2016
The EU lacks any kind of democratic legitimacy, which means that the end could come sooner than the politicians imagine. After all, the apartheid regime in South Africa collapsed with dramatic suddenness in the early 1990s, as did the Communist governments of Russia and eastern Europe in the late 1980s. 2016 could be the year that the EU falls apart, making the British referendum an irrelevance. Economics are certain to play a central part in any process of collapse. Despite endless optimistic propaganda from Brussels and ever greater fiscal control from the centre, the euro’s difficulties have not disappeared. Growth remains anaemic, just 0.3 per cent in the third quarter of the year, while dole queues are as long as ever. Unemployment in Spain, sometimes held up to as a eurozone “miracle”, stands at 23 per cent. In Greece, the figure is above 25 per cent.

German FM calls for establishment of one army for all EU
German Finance Minister Wolfgang Schäuble says the EU requires one common army instead of 28 separate ones to tackle domestic and foreign security threats. During an interview published in the German newspaper Bild am Sonntag on Sunday, Schäuble said that as "We will have to spend a lot more funds for joint European defense initiatives…our aim must be a joint European army.” He noted that the funds required to maintain and organize 28 separate armies could be used “far more effectively together."  “For Germany, this means that we will have to support our foreign and security policies more strongly than we would perhaps like,” he said.

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