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Article extracted from the book:
THE LAST GENERATION
By Jim Simmons
PAGE 1
“THE COMING ONE WORLD ECONOMY - PART 1”
A Look at the Overt World Economy and a Look at the
Shadow Government Behind the Scenes
The world is currently experiencing financial crises. The question is, “Will this be the final global crisis that will ultimately trigger a One World
Economy?” We cannot know for sure. If it isn’t the crisis that triggers a final one-world economy, it is definitely the
tremors that precede the global financial crisis.
The following article, with a couple of exceptions, is taken from the book, The
Last Generation: Prophecy, Current World Events, and the End Times by Jim
Simmons. In the first article, The Last Generation, we reviewed the three
pillars that must be in place during the tribulation period. They are: One
World Government, One World Religion, and One World Economy.
In previous articles, I covered the first two pillars. This article will focus
on One World Economy. There will be some overlap with the One World Government
and some of the points in the first article, The Last Generation.
The world economy is the fuel that energizes or makes it possible to complete
the other two world pillars, building a one-world system unified under the rule
of the Antichrist (Revelation 13: 16-18). In developing a case for the coming
one-world economy, I am going to chronologically reverse the time-line from
current events to past events. The order of events will deviate from this
time-line in some instances. This method will help us see where we are, where
we came from, and what is going on behind the scenes. It may be compared to
peeling an onion.
The first part of the article is what you see on the surface, like the layers of
an onion. The last part has to do with what is hidden beneath the surface, or
behind the scenes (like the core of the onion).
The Final One World Empire
This final one-world empire will be an extension or revised version of the Roman
Empire [see Daniel 2: 40-43; 7: 7-8; Revelation 13: 1-2]. Today, the European
Union [EU] covers the approximate geographical area as the ancient Roman
Empire. The final empire, a one-world system, will be led by the Antichrist and
will emerge from the European Superstate, the EU.
Biblically, there is evidence of a One World Empire and a revived Roman Empire,
which fits the description of the European Union. One biblical example is found
in Daniel 2: 32-43. King Nebuchadnezzar of the Babylonian Empire had a dream
that involved a statue. Daniel was called on to interpreted the dream. The
statue represented four world empires composed of four different metals.
The fourth empire was Rome, represented by the legs, feet, and toes. The legs
were made of iron, representing the Eastern and Western Roman Empires. That has
already happened. The feet and toes were made of iron and clay (Daniel 2: 41).
This variation in the metal composition may point the way to a revised version
of the Roman Empire, which will ultimately include additional nations.
One of the ways we know that it is a future event is the relationship of the 10
toes (Daniel 2: 41-43) and the 10 horns, which are 10 kings or kingdoms (Daniel
7: 24). Rome was never under the leadership of 10 kings simultaneously. During
the tribulation period, the world empire, which will be an extension of the
revived Roman Empire, will be under a 10-kingdom rule with the Antichrist
leading the way (Daniel 7: 7-8).
EU Currency
In 1999, a new EU currency called the euro was proposed. In 2001, the euro was
legalized. In 2002, the euro replaced the national currencies in 12 European
states.
On January 2, 2008, the Single Euro Payments Area (SEPA) was introduced. It
includes 31 member states. SEPA created a multi-state zone where anyone in the
European financial infrastructure can make electronic euro payments that are
considered domestic. With the establishment of the euro and the SEPA, the
financial unification of the EU is in place.
Currencies of the US and EU
The U.S. dollar has a history of being the most stable and accepted of world
currencies. Now, the euro is growing in value against the U.S. dollar. “A lot of central banks, Asia in particular, where the most important volumes are
located, are shifting reserves from dollar reserves into euros,” (According to Wemer Becker of Deutsche Bank). From July 2003 to July 2008, the
U.S. dollar reportedly went from 1.15 dollars for one euro to 1.57 dollars for
one euro. As this article is being penned on March 29, 2009, the rate is 1.32
for one euro, according to the German financial website, finanzen.net.
The U.S. used to be the world’s Superpower. That status is rapidly shifting to the EU, the primary power base
of the Final Empire.
US and EU Combine Economies
“…In 2007 President Bush signed an agreement that commits the U.S. to economic
integration with Europe, and that one of the provisions of the agreement was
creating regulatory convergence between the U.S. and the E.U., including
integrating health records electronically!”[See article titled “It’s All Coming Together” by Heidi Swander with Olive Tree Ministries, 3-9-09.]
Economy and Religion Join Hands
Over the last few years, we have seen faith-based Mutual Funds grow in
popularity. For example, the Muslim Mutual Fund, Amana Trust Income Fund, has
recently been a best performer over the past year. This means that its losses
were only 25.8% as opposed to U.S. stock funds, which have lost 44% for the
year [taken from the April 2009 edition of Midnight Call, P. 32].
“Here we see demonstrated religion, finances, and economy melted into one” [Ibid].
New World Order
The New World Order, including economy, is coming together rapidly. As we shall
see later in this article, the roots of this new world order began around 60
years ago. It was close to the time of the birth of Israel (1948). It was also
near the time of the birth of this “last generation.”
EU / UN / and NATO Connection
When prophecy scholars speak of the EU as being the revived Roman Empire, some
people reject this interpretation of Scripture. Their objection is based on the
final world empire being a world empire, not an EU empire. On the surface, this
makes sense. There is, however an answer to this objection.
The European Union members and the Western European Union [WEU] and their
candidates are integrated into two other major groups of nations. They are
members of the United Nations [UN] (1945). They are also members of the North
Atlantic Treaty Organization [NATO] (1949).
It is of interest to note that the EU, NATO, and the WEU have their headquarters
in Brussels, Belgium. The WEU was established as a result of a 1954 amendment
to the Brussels Treaty [Article 5]. This made the WEU responsible for the
collective defense of the EU. This put them in a very powerful position. Under
Article 4, the security of the WEU member states (countries) became linked to
NATO.
Consider the dates and links to other major international groups. The UN (1945),
NATO (1949), and the WEU (1954), but its roots were in the Brussels Treaty
(1948). The EU was linked to these major international groups in the years
1945, 1948, 1949, 1955 [WEU to NATO with roots in 1948]. All three major
international groups are linked with the EU and WEU. The dates generally range
from 1945 to 1949 with the exception of the WEU (1955), which is an offshoot of
the Brussels Treaty of 1948.
These are some of the reasons, along with the biblical references, that the EU
is considered the home base of a Final World Empire. This is another move
toward world unity and ultimately a One World Empire led by the “man of sin,” the Antichrist. [To read more about this, including information about Javier
Solano who is considered by many to be one of the most powerful men in the
world, see Chapters 4 and 5 of the book titled, The Last Generation: Prophecy, Current World Events, and the End Times.]
Worldwide Economy
Up to this point, the focus of a one-world economy has been narrowed to the EU
and the US. A worldwide economy includes more than two nations.
“In recent weeks, leaders in Europe, Africa, and the Middle East have proposed
scrapping the current economic order and going to a single common currency …The Kremlin is reportedly set to propose a new global common currency system
that will replace the U.S. dollar as the international currency of choice.” [See “Russia to Propose New Global Common Currency” by Joel C. Rosenberg, 3-18-09 on the B.P.T. website.]
This week a UN panel will recommend that the world ditch the dollar as its
reserve currency for a basket of currencies.
Some of the plans for a one-world economy began in the mid 1950s. Consider the
following:
* The Club of Rome (1957)
The Club of Rome is a German based think tank established in 1957. It has a
limit of 100 active members. The members are from five continents and 52
countries. There is only one country that is not included. It is Israel, of
course. It was an association of scientists, economists, businessmen,
international high civil servants, and former heads of state. The Club’s purpose is to figure out ways to solve humanity’s problems.
Many years ago, the Club of Rome advocated a “one world order,” dividing the world into 10 economic centers or regions, i.e., regions of
countries. “Regionalization” became the new buzzword.
World Federalists also advocated “world regions” and have detailed plans for a world government similar to the Club of Rome.
* Development of a Global Authority
One of the roots of the global economy was the General Agreement on Trades and
Tariffs [GATT], established in 1948. GATT, as well as other organizations at
the Club of Rome, advocated a “One World Order,” dividing the world into 10 economic centers called “Mega Territories” and “Kingdoms.” [Remember the 10 toes in Daniel 2:41-43; the 10 horns and 10 kings in Daniel
7:24; and Revelation 17:12?]. The One World Government would rule the “Ten Kingdoms” of the Club of Rome.
GATT evolved into the World Trade Organization [WTO] in 1995. The WTO has 153
members and represents 95% of the total world trade. The U.S. recently agreed
to the GATT Treaty by joining the WTO.
