Good morning on this Saturday, May 8th. Financial markets were roiled this week by the circumstances occurring in Greece and the financial threat occurring in numerous other European countries. The European Union consists of 27 nations, 16 of which use a common currency called the Euro. Greece has been teetering on the edge of insolvency and has now agreed to a 144 billion dollar bailout from other European countries and the International Monetary Fund together with the implementation of certain austerity measures to avoid immediate bankruptcy. Articles in the New York Times, Washington Post, and Wall Street Journal highlight that Spain, Portugal, Italy, and Ireland are also in deep financial trouble and will probably require financial assistance and serious austerity measures. The good old American "greenback" as the dollar has frequently been called has been the currency of choice for a variety of reasons, but that is not necessarily true for the indefinite future because of the mounting debt in the United States. Now Russia and China have called for the creation of a new currency which will supersede the dollar as the currency of choice. Most prophecy experts believe that such a currency will ultimately become a reality and will become a tool of the Antichrist and his future one-world government to regulate and control future commerce. This situation bears watching as a confluence of circumstances make the demand for such a currency greater and greater. So keep looking up because the coming of the Lord is getting closer every day!
Tomorrow's message is another from the series, The Master's Lessons for Living. I hope you'll be present as we honor our mothers during this service on Mothers Day.
Mel Brown