The global economic crisis rolls on with no end in sight. From reports I have read I have been struck by the confusion among all the experts who are presenting their opinions about the fantastic sums of money and resources being committed to stem the tide of red ink and the failure that is churning through the system. No one to date has emerged with an over arching solution to show the way forward. No one can predict when the world economies will turn around.
A new area of focus is Eastern Europe, which continues to edge closer to a financial abyss that further threatens the stability of the global financial system. While America has banks that are too big to let fail, Europe has banks that are too big to save. Some Austrian banks have loaned out more than 70 percent of Austrian GDP--clearly an untenable system.
Bible
prophecy tells us a future power will arise from the turbulent scene that is anchored on the Mediterranean basin.
Look at Daniel 7:1-3. "In the first year of Belshazzar king of Babylon, Daniel had a dream and visions of his head while on his bed. Then he wrote down the dream, telling the main facts. Daniel spoke, saying, 'I saw in my vision by night, and behold, the four winds of heaven were stirring up the Great Sea [ Mediterranean ]. And four great beasts came up from the sea, each different from the other.'"
The fourth beast of this system, in its end-time configuration, will be a political/religious system that controls the commerce and wealth of the world. It arises out of a time of turmoil that threatens global stability. We are watching scenes that could very well be the prologue to what we see described in Daniel.
The present world financial scene shows the confusion of a world that is spiritually, morally and ethically blinded. Old solutions do not seem to be working. Each week brings more revelations and understanding of just how deep the financial morass really is. We hear about the greed, dishonesty and incompetence involved in the collapse of banks and financial houses. These are spiritual matters that strike to the basic questions of our times.
