Another Sign of End Times
There are two classes who see the recent centralization of all eurozone banks under a single central bank as either a sign of End Times or nothing more than consolidation.
The European Federation (13 countries?) have agreed to have nearly all banks in Europe under a single supervisor for economic union. What this means is that almost 200 banks in Europe will now be controlled by a central bank, the European Central Bank. Smaller banks would be under the control of regulators. The power of the Central Bank is 100%, it may, at anytime, take control of any bank under it.
As innocent as this may seem to those not familiar with the Book of Revelations in the Bible, it is simply one more indication that End Times are coming, not near, just coming. The Revelations talks about how in the End Times a person or entity will come to power and then control all economic transactions. No one will be able to buy or sell unless a mark is agreed to on the left hand. Forget about the odd weather, the turmoil in the Middle East, Iran and nuclear bomb, and how mankind has the inability to solve the issues and how dangerous the world is now.
The mere fact that Europe has agreed to funnel all transactions through a single controlling bank means that whomever controls the European Central Bank, does control most of Europe and people using electronic devices to send, make, transfer money. That is startling. How else would an entity be able to force everyone to accept some sort of mark?
What if you used your debit card to buy gas. You know the account has thousands of dollars in it. Yet, the card is rejected. You go to your bank and find out that in order to access your money now, you must have a electronic chip inserted under the skin in your left hand. You choice is to refuse or not. If you refuse, your account is not accessible.
That is strong coercion and most will agree to take it. Christians who are in the know about what the Revelations stated about taking the mark of the beast (Satan)- the chip, to process electronic payments and debits- will refuse.
The question is, when will this Central Bank take control. and how does this impact the USA? I suspect it will since the economies and banks are all interwoven.