Fulfilled Prophecy #13 cont’d: investment analyst says EU’s collapse now “imminent”

Thank you to Jonathan Ely at Why Leave The EU? for alerting me to yet more news of signs indicative of the fulfillment of the prophetic word delivered on 17th Nov 2015 by Bible teacher David Noakes urging Britain to “Come out!” of the EU ahead of its Fall.

Some years ago international investment analyst and advisor Doug Casey predicted the fall of the EU and was asked by Nick Giambruno, “What’s changed since then?”

Well, what has changed,” replies Doug (emphases mine), “is that the entire situation has gotten much worse. The inevitable has now become the imminent.”

Read Nick’s concise interview in full to gain the full gist of Doug’s expert conclusion with his straightforward citing of financial facts:

“The European Union evolved, devolved actually, from basically a free trade pact among a few countries to a giant, dysfunctional, overreaching bureaucracy. Free trade is an excellent idea. However, you don’t need to legislate free trade; that’s almost a contradiction in terms. A free trade pact between different governments is unnecessary for free trade. An individual country interested in prosperity and freedom only needs to eliminate all import and export duties, and all import and export quotas. When a country has duties or quotas, it’s essentially putting itself under embargo, shooting its economy in the foot. Businesses should trade with whomever they want for their own advantage.

“But that wasn’t the way the Europeans did it. The Eurocrats, instead, created a treaty the size of a New York telephone book, regulating everything. This is the problem with the European Union. They say it is about free trade, but really it’s about somebody’s arbitrary idea of “fair trade,” which amounts to regulating everything. In addition to its disastrous economic consequences, it creates misunderstandings and confusion in the mind of the average person. Brussels has become another layer of bureaucracy on top of all the national layers and local layers for the average European to deal with…”

He supports his case with historical facts too, especially on how the many differences between various nations and desire for independence are now rocking the EU boat:

The EU was built upon a foundation of sand, doomed to failure from the very start. The idea was ill-fated because the Swedes and the Sicilians are as different from each other as the Poles and the Irish. There are linguistic, religious, and cultural differences, and big differences in the standard of living. Artificial political constructs never last. The EU is great for the “elites” in Brussels; not so much for the average citizen…

“There are movements in Corsica and a half dozen other departments in France. Even in Belgium, the home of the EU, the chances are excellent that Flanders will separate at some point (See Telegraph’s Belgian king meets Flemish far right for first time since 1930s amid fears of ‘Vlexit’ breakaway.) The chances are better in the future that the remaining countries in Europe are going to fall apart as opposed to being compressed together artificially…”

Asked “How does Brexit affect the future of the European Union?”, Doug replies:

Well, it’s the beginning of the end. The inevitable has now become the imminent. Britain has always been perhaps the most different culture of all of those in the European Union…”

And things ARE starting to shake – and there’s fighting talk! – because, as Ambrose Evans-Pritchard reports, Italy to activate its ‘parallel currency’ in defiant riposte to EU ultimatum:

The eurozone elites are looking straight down the barrel of an Italian economic revolt and a parallel currency. Subversive “minibot” treasury notes are back in play…

‘By some maniacal reflex the dying Commission of Jean-Claude Juncker has chosen this moment to draw up the first indictment letter of the revamped debt and deficits regime. Italy faces €3.5bn of fines for failure to tighten its belt. It has 48 hours to respond.

“We’re not Greece,” said Claudio Borghi, Lega chairman of Italy’s house budget committee. “We are net contributors to the EU budget. We have a trade surplus and primary budget surplus. We don’t need anything from anybody. And we are in better shape than France.”

3 thoughts on “Fulfilled Prophecy #13 cont’d: investment analyst says EU’s collapse now “imminent”

  1. Ha, Father IS good! I recall a post somewhere (apologies if it was on RW!) where the writer asked why the Bexit vote was 51.8% to leave. They were directed to Jeremiah 51:8 that says “But suddenly Babylon, too, has fallen.
    Weep for her. Give her medicine. Perhaps she can yet be healed.” (NLT)
    I SO love that! (apologies for the vernacular – but sometimes it conveys emotion better) I Love how Father does that – & what a brilliant tool to share with the great ‘unwashed’ – most thought provoking for them! (a some sleepy Christians too)

    Liked by 1 person

  2. It looks like Italy is trying to make sure that the gold it has remains the property of the people, and is not taken away. I wonder whether Italy is going to move in a more libertarian direction and institute the following reforms:

    A) Returning to the gold standard;
    B) Abolishing fractional reserve banking;
    C) Abolishing the central bank or modifying its role;
    D) Refusing to bail out banks.

    Liked by 1 person

  3. A while ago I was chatting to a Dutchwoman living in England and married to a British person. She said that years ago when still at school (in the Netherlands) aged 14, they were learning about the EU. She told me that even at that age, she thought to herself it’ll never work…all the disparate countries. How would they all work together? This is my thought also.
    The only way people are truly unified is through the Holy Spirit…but He still allows us our individuality and will not force square pegs into round holes, but rather place us together in a perfect jigsaw, so to speak (well,ultimately He will).

    Liked by 1 person

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