interesting to reflect on the significance of the fact that of all the
countries in the European Union (E.U.) today, Greece could be the
catalyst for the possible dissolution of a unified Europe. After all,
back in 1981, Greece was the 10th nation to join the E.U.
(then called the European Common Market (ECM)) which at the time drove
prophecy observers into a tizzy. Understandably, many were absolutely
sure that the 10-nation revival of the Roman Empire was at hand. As it
turned out, only five years later both Portugal and Spain joined,
pushing ECM membership to 12. Membership has since expanded to 27
are additional interesting facts. The Greece of today, which includes
ancient Macedonia and other city states of old, was the nexus of the
first world power to come from the region we today call Europe.
Alexander the Great, who was Macedonian, not only unified Greece, but
also conquered the then-known world of his time. The previous
world-ruling powers recorded in the Bible had all been from the Middle
East, including Egypt, Assyria, Babylon and Medo-Persia. Another
European-based power followed — this being depicted as the sixth head on
the beast shown in Revelation 12, 13 and 17 — which was the Roman-led
era. All of these, six plus one more, are represented in the image of
the beast with 7 heads described a number of times in Scripture (about
which we will explain more shortly.)
there is one even more interesting curiosity. All but one of the 7
world-ruling empires represented by the 7-headed beast were exposed to
at least one official introduction to the God of the Hebrews. All but
those not familiar with this beast, its seven heads (in this writer’s
view) are represented by Egypt, Assyria, Babylon, Medo-Persia, Greece,
Rome and the final 10-king (10-horned) revived global Roman Empire.
These represent the sequential (and existing) gentile world reigns that
oppress Israel. These are the kings (and nations) about which Daniel
says, “In the time of those kings, the God of heaven will set
up a kingdom that will never be destroyed, nor will it be left to
another people” (Daniel 2:44).
The Nations Know
Let’s briefly recount the national encounters with the God of the
Hebrews. Beginning with the first of the ancient powers in the story of
Israel, Egypt surely encountered the superior power of this God, the
Jehovah of the Hebrews. It was demonstrated to the Pharaoh in no
uncertain terms through Moses who was dispatched to represent God to
this mighty kingdom. Following the miraculous exodus of the Hebrews
through the parted Red Sea, the entire world of that time feared the God
of the Hebrews.
Assyria, in turn, was visited by the reluctant prophet Jonah. He visited
Nineveh, the capital city of the Assyrian empire, preaching a message of
repentance. Hearing Jonah’s warnings from God, the king of Nineveh
promptly declared “Let everyone call urgently on God. Let them give up
their evil ways and their violence.” The entire nation repented … at
least for a time.
Later, Daniel and his three colleagues (Shadrach, Meshach and Abednego)
demonstrated the power of the one true God to Nebuchadnezzar more than
once. God then dealt directly with Nebuchadnezzar through his 7-year
ordeal in the wilderness. He finally recognized the one and only God,
saying “Now I, Nebuchadnezzar, praise and exalt and glorify the King of
heaven, because everything he does is right and all his ways are just.
And those who walk in pride he is able to humble” (Daniel 4:37).
The prophet Daniel also delivered a demonstration of the power of the God
of the Hebrews to Darius, the ruler of Medo-Persia. God miraculously
protected him in the lion’s den which was the punishment decreed by
Darius. Seeing the evidence of the Hebrew’s God, Darius proclaimed to
his entire empire: "For he is the living God and he endures forever; his
kingdom will not be destroyed, his dominion will never end. He rescues
and he saves; he performs signs and wonders in the heavens and on the
earth" (Daniel 6:26-27).
This last of the seven heads to receive a witness of God to date was the
sixth, the Roman Empire. It was visited by Jesus Christ himself and his
disciples who had many opportunities to testify of the Gospel before
magistrates and Roman officials.
Yet, mysteriously, there is no account in the Bible of any of God’s
prophets having delivered a proclamation of God to Greece … not one. All
that we have are extra-biblical accounts involving Alexander the Great
and the Seleucid kings that followed. The only record of contact with
Alexander the Great is found in the writings of Josephus Flavius, the
Jewish historian. Apparently, Alexander visited Jerusalem following his
conquest of Gaza.
We see that Greece is the only kingdom represented by one of the seven
heads of the beast that was not visited by a prophet. Could it be that
Greece will indeed yet be visited by a prophet in the future? We can
only speculate. What we do know is that one more visitation by prophets
will be made during the Antichrist’s rule. Two Witnesses will provide a
demonstration of God’s power during the Tribulation period. That will
occur during the time of the 8th king (possibly also the time
of the 7th head which is comprised of the 10 kings).
But today, we are still living in the time of the 6th head.
Could modern-day Europe yet play a significant role in the formation of
the 7th head … the head with 10 horns?
Grecian Financial Tremors
Ever since the first financial restructuring for Greece was arranged in
2010, Europe has been front-page news. In recent times, instabilities
have escalated to the point where the survival of the Euro (the common
currency of 17 member countries of the Eurozone) is being questioned. In
fact, it is wondered whether the E.U. will even survive in its current
form. It remains a valid question despite the occasional
optimistic pronouncements of Europe’s leaders.
Many analysts are extremely pessimistic about the fate of Europe
longer-term. They conclude that the current monetary and government
budget arrangements of the individual E.U.
member nations and that of the broader, supra-European institutions such
as the European Central Bank (ECB) and lately the EFSF (European
Financial Stability Facility) are incompatible and are sure to lead to
financial disaster and break-up of the currency union as well as the
European Union (comprised of 27 nations).
No doubt, there exist very serious debt imbalances and economic
sustainability issues within the current membership of the European
monetary union. Indeed, the current situation is not sustainable nor are
any of the solutions proposed to date. Economically-strong nations such
as Germany and the Netherlands have generally been reliant upon their
more profligate Eurozone member countries for export demand; these
include Greece, Spain, Italy, Portugal and others which have been
running trade deficits. This is only possible if nations with trade
surpluses such as Germany are also willing to provide what amounts to
vendor financing to these other buyers of their goods. After all, it
only follows that for every borrower there must be a lender.
Incidentally, this is the same type of imbalance that has emerged between
China (including other Asian export nations) and the United States.
America is able to buy Chinese goods as long as China in turn buys U.S.
bonds (debt) or facilitates the purchase of U.S. debt by other surplus
nations. For a time, the anguished focus of financial markets is upon
Europe. However, once the European crises have been (at least)
temporarily quieted, the focus of the global financial community will
again turn to the shaky finances of the U.S. and particular states (i.e.
Wisconsin, California, etc.)
As it is, there is no shortage of other potential crisis hotspots in the
world, including Japan, China and the perennial geopolitical eruptions
in the Middle East. We can expect,
though not precisely predict, that a state of rolling crises, rotating between
different countries and regions of the world, will remain a sign of our
However, back to Europe; here, the deficit countries had continued to be
net importers, thanks to the funding of the exporting nations in Europe.
That this state of affairs could not last was never a surprise. In this
type of system, the chasm between lenders and borrowers becomes so large
that the debt in relation to the servicing capability of the debtor
nation becomes unsupportable and the whole merry-go-round comes to a
panicked stop. This, in short, explains the main structural
impossibility that underlies the current Eurozone and is the cause of
recent financial calamities.
But what next?
Some economic analysts are sure that the current “Common Europe” project
is finished and unsalvageable and that the European Union is certain to
break up. A few European politicians have made even darker speculations,
suggesting that if Europe’s financial instabilities are not solved and
the euro is abandoned, it will again lead to war. Since the main
objective behind the European Union was peace, its break up is certain
to be tragic. Said Angela Merkel, German Chancellor, “Nobody should take
for granted another 50 years of peace and prosperity in Europe ...
that's why I say: If the Euro fails, Europe fails.”
We could continue here with an economic and financial analysis and
attempt to make some predictions of our own. Frankly, it is impossible
to make any accurate forecasts about the possible detailed sequence of
events ahead. However, Bible prophecy does allow us to draw several
The Bible on
Here is what we do know: The current 27-nation configuration of the
European Union will not last. How can we be sure? Because there will
only be 10 member nations in the final global power coalition according
to the Bible.
Readers will be familiar with the “10 kings” (mentioned or pictured in at
least 5 prophecies found in both the Old and New Testaments) that come
together in the last days to form a world-ruling coalition. We have
published a number of articles on this topic in the past. (As a primer,
please read the 3-part article series entitled “Searching for the
Last-day 10 Kings” published in this column from October to December
2006.) The 10 kings are depicted as 10 horns in Revelation 12, 13 and 17. "The
ten horns you saw are ten kings who have not yet received a kingdom […]”
They are also depicted as 10 toes on the statue described in Daniel 2 and
again as 10 horns in Daniel 7. “The ten horns are ten kings” (Daniel
7:24). As such, we can know that the final configuration of the Revived
Roman Empire will be a coalition of 10 nations and not 27.
Furthermore, we can be reasonably sure, based on statements in the Bible,
that at least some of the member nations (if not all) of the final 10
kings will be from modern-day Europe. In previous articles, we outlined
13 Biblical clues and characteristics of the final identities and
composition of the 10 kings. This analysis concluded that views such as
all 10 kings coming from the Islamic Middle East, for example, are
highly unlikely to be correct. It is also argued that at least some of
the member-nations of this coalition will be from Europe. Is it possible
that all 10 members could come from Europe?
What Can be
Concluded from Recent Financial Crises?
In view of the above-mentioned perspectives, it only follows that a new
group of 10 kings must yet form. The current 27-member union of the
European Union must therefore give way to a new power coalition.
Can anything more be concluded from the crisis events in Europe regarding
the final form of the future Revived Roman Empire revealed in the Bible?
Frankly, no. That may seem surprising to readers given the
near-unanimity amongst many Bible prophecy students on this matter. The
view that all of the final members of the 10-nation coalition will come from modern-day Europe is virtually considered
to be fact.
We cannot yet assign a 100% probability to this outcome. Yes indeed, it
may very well occur that all 10 “kings” will come from Europe as it is a
very plausible theory. But it remains exactly that — a theory. While the
current and future extension of the ancient Roman Empire is indeed
verified by Scripture, the identity of the 10 nations and their
geographic location is not. Therefore, while this theory is not
precluded, at the same time it cannot be proven nor deduced from
Scripture as there are other possible outcomes.
Daniel 9:26B says the following: “The people of the ruler who will come
will destroy the city and the sanctuary.” This confirms that the final
Ruler (the Antichrist) will come from the Roman-type peoples.
Today, 47 nations are located (fully or at least partially) in the
geographic area of the Roman Empire of approximately 2 millennia ago.
Though some “people” of that ancient Roman Empire have since migrated to
populate the New World, it would be reasonable to assume that at least
some of the final 10 kings would come from today’s Europe. However, a
number of the nation members of the group of ten could also come from
the New World.
Many nations in the New World are Roman offshoots, including the U.S., Canada, Australia, Argentina, and many others. As
history shows, many Roman-type peoples have founded new nations in other
parts of the world.
It is very plausible that Europe could break apart into several
sub-groups of countries. For example, one economic research firm holds
the view that a group of northern nations headed by Germany will split
off. They would have their own currency (dubbed the “neuro”). Southern
European nations would also form their own group (these generally being
the countries with deficits) as they desperately will want their own
currency that they can then devalue (this currency being dubbed the
“sudo”). Other groups could splinter off as well. While smaller groups
could emerge, these still may not represent the final 10.
Crisis and Debt
Play a Necessary Role in Geopolitical Shifts
As it was, crises had been considered a necessary part of the Europe
project. After all, it is only during crisis that urgency generates the
collective will-power to move further towards a unified Europe. As each
step is taken closer to this outcome, there is an unpopular whittling
down of the individual sovereign powers of each of the individual
nations. For example, the southern European nations of Spain, Portugal,
Greece (and perhaps soon Italy) are effectively already under the
financial oversight of the northern European nations.
The realization that crisis must play a role in this process was always
in the mind of the leaders behind the “Common Europe” movement. For
example, Romano Prodi, EU Commission President, stated
in December 2001,
sure the Euro will oblige us to introduce a new set of economic policy
instruments. It is politically impossible to propose that now. But some
day there will be a crisis and new instruments will be created.”
Readers may not realize that extreme wealth imbalances and high
indebtedness are in fact prophesied as being endtime conditions (See
James 5:1-6). Very definitely, such unequal distributions have occurred
before throughout history in various places and times.
What is different today is that these phenomena are world-wide, applying
to the entire global distribution of wealth. We can definitely see that
debt-related issues are prime catalysts behind global geopolitical
The prophet Habakkuk (according to our interpretation) reveals that the
final ruling structure of the world will in fact be an indebted one.
“Will not your debtors suddenly arise? Will they not wake up and make
you tremble? Then you will become their victim” (Habakkuk 2:7).
While the European project will eventually give way to the final 10-king
power coalition, crises will most certainly to play a role in this
evolution. The same has proven to be a catalyst for globalism overall.
Anything is possible at this stage; it may very well occur that a
smaller group of 10 nations will now emerge.
Just what is the solution to Europe’s problems? The reality is that
policy makers are out of ideas as to how to rectify the current
situation. Recent meetings of the G20 and the IMF (International
Monetary Foundation) have come up with empty pronouncements and lots of
hand-wringing. Taking a Biblical world view, the spirit we clearly see
spanning the globe today is that of the materialistic pagan. The
supposed “happiness” that humanity has been collectively seeking through
materialistic satiation has sadly been undermined by the very same
The influences of human greed, lack of love (i.e. pure motivations behind
economic actions), self-interest,
and the pursuit of “false gods” have been the culprits. By mankind’s own
choice, these forces are indelibly leading the world to the final
last-day conditions that the Bible foretells.
This is a crucial point. We must not take the view that mankind is
hostage to prophecy … that the prophecies of the Bible have condemned
mankind to folly and disaster. This is not true. In these matters, Bible
prophecy is only telling us the choices of mankind in advance which is a
completely different perspective.
We are living in unprecedented times, in which the “raw emotions” of
materialistic people and the desperate “strong arm tactics” of the
world’s policymakers can lead to some very extreme and rapid outcomes.
The possible outcomes range from a broad collapse of financial economies
to the development of new, and perhaps sudden, power structures.
Without a doubt, as the Bible does tell us, a group of 10 nations will
come together in the very last days and for a brief period of time they
will rule the world. They usher in the rulership of the Antichrist.
These kings “[…] for one hour will receive authority as kings along with
the beast. They have one purpose and will give their power and authority
to the beast” (Revelation 17:12-13).
The appearance of the final 7th head of the beast is very
near. For those people fixated on the appearance of the Antichrist or
speculating about the advent of the Antichrist’s signing of a peace
treaty with Israel (see Daniel 9:27), they are looking in the wrong
direction. The 10 kings come first. Daniel tells us that “The ten horns
are ten kings who will come from this [Roman] kingdom. After them
another king will arise, different from the earlier ones […]” (Daniel
To repeat, only “after” the appearance of the 10 kings will the 8th
king (the Antichrist) arise. “[…] but when he does come, he must remain
for a little while. The beast who once was, and now is not, is an eighth
king. He belongs to the seven and is going to his destruction”
We are today witnessing the birth pangs that will lead to the emergence
of this last 10-king global power coalition.
Will the world miss these events? No. This is because it will not be a
secret conspiratorial power arrangement or some type of vague
association of nations that will be invisible to the world and the CNN
news network. Why?
God never fulfills his prophecies in secret. He wants the world to know
beyond a doubt that He alone is the one and only True God who foretells
the future. Similarly, Jesus also warned that his Second Coming — this
also being an essential fulfillment of prophecy and a great validation
to the world of his Godhood — will also not occur in secret. He said:
"So if anyone tells you, 'There he is, out in the desert,' do not go
out; or, 'Here he is, in the inner rooms' do not believe it. For as
lightning that comes from the east is visible even in the west, so will
be the coming of the Son of Man” (Matthew 24: 26-27).
With little doubt, we can say that the world will soon see a miraculous
emergence of a 10-king power structure. The world today is at the cusp
of the transition from the reign of the 6th head — the Roman
Era — to the 7th (second from last) 10-king global regime.
The reign of this last 10-horned rulership — what we have in the past
called the Global 10-king Power Coalition — will be very brief. The 10
kings will not emerge as a secret cabal run from a smoky back room or in
a distant remote spot in the world. It will come into play with
The great crisis that we see today in Europe will very likely play a role
in its eventual emergence.
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Wilfred J. Hahn
is a global economist/strategist. Formerly a top-ranked global analyst,
research director for a major Wall Street investment bank, and head of
Canada’s largest global investment operation, his writings focus on the
endtime roles of money, economics and globalization. He has been quoted
around the world and his writings reproduced in numerous other
publications and languages. His 2002 book The Endtime Money Snare:
How to live free accurately anticipated and prepared its readers for
the Global Financial Crisis. His newest book, Global Financial
Apocalypse Prophesied: Preserving true riches in an age of deception and
trouble, looks further into the future.