Speaking at a two day conference in Paris on the future of capitalism, three European leaders say that this world today needs a new type of global economic system and Angela Merkel, Chancellor of Germany which is Europe's largest economy, Merkel singled out America's budget deficit and China's current account surplus as problems upsetting the global economy.
Angela Merkel, French President Sarkozy, and and former British Prime Minister Tony Blair, led the conference in a debate to set up a new global order and Sarkozy said that financial capitalism based on speculation was a immoral system that has perverted the logic of capitalism. Tony Blair called for a new world order, a new global economic system, based on values rather than maximum short term profit.
Jimmy's Prophetic Prospective on the News
The call for a new world order by three major European leaders is evidence that this world is moving towards a global economic system which is called for in Bible prophecy for the last days.
At the two day conference in Paris, where world leaders gathered to debate a new global economic system - a new world order - three leading European leaders have called for a global economic system that would change how economic transactions take place across the world. This idea of a new global economic system being put in place has been a topic of discussion since the present global economic crisis appeared on the scene. These calls for a new global economic system, a new world order, have been increasing and now have been taken to a higher level.
What we see unfolding among world leaders as they try to handle the global economic crisis is a similar scenario to that found in Bible prophecy. Revelation 13:16-17 call for a mark or a method of determining how all economic transactions will take place in the future. Revelation 18 even describes the location of the world headquarters for this new economic order - the location is Babylon or as we know Babylon, modern-day Iraq.
Revelation 13 and Daniel 7 call for a one world leader that will head up this new global economic system, a position that could be filled by either French President Sarkozy or the former British Prime Minister Tony Blair. Bible prophecy will be fulfilled.