America’s Fall and Europe’s Rise

America’s political fight regarding raising the debt ceiling or facing default by August 2 has made Europe nervous and angry. The perception is that America is playing with fire and that it holds the whole world hostage. Europeans are looking with amazement, frustration and unbelief at what is going on in the USA. At the same time, a British paper predicts that an autocratic and undemocratic United States of Europe, under German leadership but without Britain, will come into being by the end of the year. Why are these events so critically important in the light of biblical prophecy?