It is no secret that many bible prophecy teachers believe that despite being a twentieth century and initial twenty first century super power, that the United States of America must decline in its military and economic influence in order for prophecy to be fulfilled. United States has dominated the global economy with the US dollar as the global reserve currency. The reasoning is based on the fact that the Bible indicates that the last super power on earth preceding the Second Coming of Jesus Christ, will be one which will arise out of the old Roman empire geographical basin.
There is a degree of debate as to whether this applies to the European Union, the Mediterranean Union, the Vatican or an actual Pan Arab/North African confederacy, but for now most would agree that prophetically the United States is surprisingly absent from scripture.
ECONOMIC AXIS RE-ALIGNMENT
On Tuesday 6th October 2009 a report was published in a prominent UK national newspaper, The Independent, confirming that the Arab States, Russia, France and China had launched secret moves to stop using US currency for oil trading. “In the most profound financial change in recent Middle East history, Gulf Arabs are planning along with China, Russia, Japan and France to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese Yen, Chinese Yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.” The United States was not party to these discussions in Hong Kong which have since also influenced Brazil and India to also voice their support for trading in non dollar oil payments. Ever since the Bretton Woods agreements the accords after World War II which created the financial architecture for the world economy, the It is not hard to see the motivation for oil exporters to move away from the dollar. The value of the US currency has fallen sharply since the 2008 meltdown. And fears are growing, in the light of a spiralling US government deficit, that a further depreciation is likely. The US is simply not the dominant power that it once was. The financial crisis has left it hobbled with significant government and household debts and sharply reduced prospects for growth. Developing nations such as China, Brazil and India, on the other hand have weathered the economic storm significantly better.
THE KINGS OF THE SUNRISE.
Revelation 16:12 describes that one of the major end time powers will be a confederation that will arise out of the direction of the “sunrise”. It is thus of no surprise to see that in the realignment of the economic wheel of influence that it will be Europe and the Far East that will assume ownership for control of the Middle East. According to Lester Thurow in his book “Head to Head” the twenty first century will witness an economic battle between Asia Pacific led by China and Japan, Europe centred around Germany and America trying to retain its position as world leader.
THE MEDITERRANEAN UNION.
Frances posturing towards the Arab States for a non US global benchmark is indicatives of its desire to further strengthen the Mediterranean Union. The Mediterranean Union is a further step in the revival of the Roman Empire. Based on the treaty of Rome in 1957 the European Union in growing to 27 nations has now utilized some of its member nations with historical ties to the North African and Arab states to create a strategic
union that will help to protects Europe’s economic interest in the Mediterranean region.
THE FUTURE OF THE UNITED STATES THE BILDERBERGER FACTOR.
It is not only the threat from Europe, Arab States and Asia Pacific that America must contend with. Daniel Estulin, a serial reporter on the Bilderberg Group, has stated that it is the intention of the Global Elite to implode the US economy within the next 2 years and cause significant financial carnage which will ultimately hasten less resistance for a new world economic currency. These details were apparently formulated at the Bilderberger annual meeting in the United States in 2008. The Bilderberger meetings over recent years has increasingly focused on the issue of the world’s energy reserves. The finite energy supply behind oil has caused the Bilderberger members to try and come to a consensus on the best ways to control the ever dwindling energy supplies.
A WARNING FROM HABAKKUK.
Those who follow Bible prophecy may wish to ponder the idea that the Bible predicts that those in massive debt (like the USA and UK) will suddenly lose it all. Notice that the Bible mentions that this destruction will happen to those that increased their debt at the end times: 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you (Habakkuk 2:3,6-8). It is the belief of many that the coming weakening of the American dollar will by default significantly impact the two economies who are in partnership with Washington through the NAFTA agreement. Mexico and Canada.
This will further fuel the migration towards the creation of a single Amero currency as part of the coming North American Union merger between the United States, Canada and Mexico which forms one of the regional groups defined within the Club of Rome’s adaptive model for world regionalization. Some bible prophecy scholars believe that the United States is the fulfilment of the end time commercial Babylon in Revelation 18 whom John in his vision saw as a great city that controlled and influenced the wealth of the global economy only to suffer a sudden and decisive economic collapse that would send the world into financial freefall. “Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon; that mighty city! For in one hour is they judgment come. And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:” Revelation 18:10-11 Whilst there is debate as to whether this end time commercial Babylon is the United States, what we are certain of is that the decline of the United States as an economic super power has begun and will accelerate whilst the emerging super powers of the Euro/Mediterranean pact and the paper tigers of South East Asia rise to fulfil their prophesied end time roles.