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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (6989)9/22/2002 10:53:06 AM
From: SOROS  Read Replies (2) of 89467
 
<font color=red>POWER WILL SHIFT FROM USA TO EUROPEAN UNION VERY QUICKLY</font>

So many things are threats to the US economy now, but think about it in terms of prophecy. Many have always questioned and scoffed that there is no way for the USA to decline and the EU to rise to power very quickly. Most say it would takes decades. But what if the USA was so crippled economically that she had to either assimilate into the EU or transfer military power to them or many other scenarios to accomplish this rise and fall of power in the world?

Here is a quote from a post in my prophecy thread. Are these figures accurate?

"The biggest threat showed itself in the last couple of weeks when some members of the Saudi family pulled over $200 billion out of U.S. stocks and bonds and reinvested it in the European Union. This immediately caused the Euro dollar to rise against the U.S. dollar.

Altogether, the Saudi royal family controls at least $600 billion in U.S. stocks and bonds. Some estimates indicate that they control as much $1 trillion. Factor in the fact that the entire U.S. stock market is worth about $3 trillion. Now just imagine what an impact it would have on the U.S. economy if all Saudi investments were pulled out of the U.S. and invested in the European Union. It would literally destroy the U.S. economy. It would shift the power and leadership of the West to Europe overnight.

Is such a thing possible? Absolutely! The Saudis reached new heights of anger over some U.S. government officials calling them things like "a center of evil" and "supporters of Islamic terrorism." Never mind that it appears to be true.

One of the most important factors I see in all of this is that Bible prophecy indicates that the political power of the West will be in Europe during the climactic events of the "last days." We are in that general time right now, so such possibilities as I have mentioned above are well within the scope of probability.

Almost all of the other signs the prophets said to look for in the days just before the return of Jesus Christ are already here. So it's time to be prepared for some shocking events in the near future."

I remain,

SOROS
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