The past few days I’ve been seeing an increasing buzz in the news that some leaders might be amenable to letting Greece out the the Eurozone, and allowing it to re-establish it’s own currency. I’m really not buying though at this point, since even if Greece leaves the EU it will still have billions in euro denominated debt to pay back. It will also set the precedent, which to this date has not existed in any of the EU treaties for departure from the Union. I suggest that this talk of letting Greece out of its commitments to the EU is another smokescreen. My guess is that the “technocrats” of the EU will begin drafting up a terms sheet for letting Greece out of the EU- and that terms sheet will be so incredibly onerous that no one in their right minds would be able to accept it.
Now I see the further news today:
The EU may be able to survive the failure of the Greek economy, but I am quite certain that system cannot possibly survive the failure of Portugal, Spain, and Italy in quick succession. As I’ve said before, I believe we have a “mortal wound” in the making, plenty of candidates for horns to be uprooted. Doesn’t anyone else find it interesting that in all the talk these days about failing economies, it has centered on these four that all happen to be on the list of the WEU Ten?
Update by Justasheep
I’ve gotten a couple emails that pointed to this verse:
and by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth, telling them to make an image for the beast that was wounded by the sword and yet lived.
(Revelation 13:14 ESV)
If we are presuming that the first beast is the kingdom of the antichrist, the revived roman empire, which I do, then the text tells us it was wounded “by the sword”. As has been pointed out this is interpreted in many places as a reference to war or military force. I have a tendency to speculate then, that the economic distress, and impending collapse of the eurozone economy is not necessarily the whole wound, but that it is a catalyst to war (whether it be some sort of external attack, a european civil war or insurrection, I don’t know) that will further harm the EU and necessitate the emergence of a strong leader to “bring it back to life” and “perform a miracle” of reviving the collapsing EU.
Any thoughts or comments out there on this, and likely scenarios or rumors of war?