America’s Crash of 2013?

America’s Crash of 2013?

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Four years after the Wall Street meltdown, is there a safe investment?

If your mother asked you where to invest her money, what would you tell her? This was the question posed to Jim O’Neill, chairman of Goldman Sachs Asset Management, on Friday.

After rambling something about India perhaps doing a little better than expected Mr. O’Neill said that he is still in the camp that America’s “choppy” markets will probably recover toward the end of this year.

Not very confidence-inspiring from the chief investment strategist at one of America’s most prestigious banks.

But this is the state of the world today. Nothing is safe, and even the brightest financial minds don’t have answers to our most pressing problems.

America’s saving grace is that much of the world’s focus is still on the problems in Europe. While that lasts, attention is distracted from America’s equally precarious financial condition. But Europe is at least dealing with its financial issues. All America’s leaders can seem to do is kick the can down the road.

So where is the best place to put your money?

Not betting on American consumers, according to O’Neill. Even though Europe is making the headlines, America’s weak employment picture poses a bigger threat to global markets than the European debt crisis, according to O’Neill. There is a “lack of self confidence” in corporate America, he said.

For those who missed it, weekly jobless claims for the most recent reporting period stood at 377,000, which is uncomfortably close to the 400,000 mark that is often considered the red line for an “improving economy.” The jobless rate rose to 8.2 percent.

With employment down, it is hard to count on consumers to save the economy. “If people don’t have cash and they have limited access to credit, than there’s just so much that they can run up in terms of bills,” says Jerry Webman, chief economist at Oppenheimer Funds.

Webman believes that people just have too much debt and it will take years to fix. “There’s a long-term unwind (of household debt paying) … and until we’re through that, we’re not going to see a rapid expansion of consumption,” he says.

But unless people spend more, why would America’s debt-based, consumption-oriented economy create more jobs? Who are businesses going to sell more stuff too? Americans already have too much stuff—and have the credit card bills to prove it.

So what about investing in commodities?

What about oil? Currently, Brent crude (oil sold to Europe) trades at $90 per barrel. It has fallen a whopping 30 percent from a $128 peak earlier this year. Traders say there is a glut and that demand destruction from a slowing global economy is outpacing the constraints of “peak oil” geology. There is talk of ocean supertankers lining up off Britain’s coast as giant floating storage facilities. In America, new horizontal drilling and fracking techniques are boosting domestic production. Plus, Canadian oil sands crude is currently trapped in North America with Texas refineries their only option. Barring an outbreak of war in the Middle East, oil doesn’t look like a good short-term investment.

What about investing in industrial metals like copper, zinc, lead and aluminum? Probably not a great idea either. China uses 42 percent of the world’s production of these commodities. If China slows, demand will plummet, and prices will crater.

And China appears to be headed for a hard landing.

Famous economic analyst Marc Faber says people need to prepare for a global recession, probably hitting late this year or early 2013. It is “100 percent” certain, he said in a recent interview. There is a “meaningful slowdown in India and China” that many investors are missing due to all the focus on Greece and Spain. But it will be global, he said.

What about investing in food? Beyond what it takes to fill up your pantry, stockpiling food may not be a good investment either. Coffee, orange juice, sugar: When people are focused on paying down debt—or worse, just trying to keep the electricity and water turned on—these treats get cut. Even staples such as wheat and corn may fall in price.

How about investing in precious metals?

Gold has been a roller coaster. In 2011 it hit an all-time high of $1,895 per ounce. It started 2012 back down at $1,600 per ounce before shooting back up to $1,772 in February, then back down to $1,548 in May, and then back up to around $1,583 where it is today.

The Aden Forecast has two of the best gold market analysts out there. And they seem to be cautious about gold—at least over the short term. “Increasingly, the similarities to 2008 are becoming almost eerie. We may be wrong, but the markets are poised for this and while we don’t know what the trigger will be, it could be almost anything,” they wrote in a recent letter.

“Currently, our gut feel is that if an accident is coming, it’ll likely happen this year,” they warn (emphasis added).

When the markets crashed in 2008, gold and silver fell hard too, even though they also were among the first to recover.

“Again, it could be a wild card. One example is the explosion of the derivatives markets. … The popularity of derivatives has skyrocketed within the financial industry. In the past 12 years, derivatives have grown 10 times faster than world gdp to the tune of $200 trillion for U.S. banks, which is three times the world’s gdp! This is a reckless accident waiting to happen and JP Morgan’s $2 billion loss this month may have been the tip of the iceberg” (ibid).

As the Aden Forecast brings out, America’s financial sector is no place to invest money either. After four years and trillions in taxpayer loans, many banks have still not been able to clean up their balance sheets. On Thursday, Standard & Poor’s ratings agency downgraded JP Morgan Chase, Morgan Stanley, Goldman Sachs, Bank of America and Citigroup—America’s five biggest investment banks.

Two of them, Citigroup and Bank of America, got cut to Baa2—which is just two notches above “junk” status. Four years ago, few people would have suggested that Bank of America was “junk”—but four years ago, Lehman Brothers, Bear Stearns and Wachovia were still alive and prospering. That is how broken America’s banking system is.

The downgrades will cost the banks billions in higher borrowing costs, which will make them less profitable, which could lead to further downgrades. Not a pretty cycle.

Plus, the bank’s business model is broken. It relies on giving out loans to consumers. But in this crummy economy, the only people who want to borrow money are the people you don’t want to lend money to.

So scratch the banking sector as a good investment.

How about a house? With more and more students graduating with gargantuan debt, with an aging baby boomer demographic retiring with most of their money tied up in their houses, and with banks overloaded with foreclosed homes to dispose of—real estate is a dud too. Plus, interest rates are at historic lows. Although this lets more people buy houses now, when rates rise, the supply of buyers will shrink—and house prices will fall. Many people buying houses now may be buying ball-and-chains. The banks know this, and the only reason they are even giving out mortgages is because they sell them on to government-owned Fannie Mae and Freddie Mac.

So, scratch investing in anything related to consumer products, stocks, commodities, many foodstuffs, precious metals, the banking sector and real estate.

Not much left.

But what about government bonds and the dollar?

Many analysts say this is the only safe investment left. They have plenty of company. The dollar has firmed in value and interest rates have plunged as investors have piled into government treasuries. And investing in the dollar might temporarily be a safer investment. But as was mentioned above, America’s biggest asset is currently that it is not Europe—even though strangely, by several measures, it is worse off financially.

At some point soon, Europe’s issues will be resolved (read this article to see how). At that point, the dollar and U.S. treasuries will be the worst investment ever—and it will be the one that will cost investors the most money ever.

America’s economy is hanging together by duct tape and silicon. Politicians fight over cutting billions and overspend by trillions. Politicians borrow from Japan and China and the Federal Reserve makes up the rest by printing money. The debt just grows and grows.

There really is only one safe investment that can never lose money. In today’s climate of economic catastrophe management, now more than ever you need to read Chapter Three of Why ‘Natural’ Disasters? It is titled: “Are You Ready for the End of the World?”

Egypt Gets Muslim Brotherhood President

Tens of thousands of Egyptians spent the night in Tahrir Square on Sunday in a joyous celebration of Mohammed Morsi’s election to the presidency.

Morsi was declared the winner of Egypt’s first free presidential election in its modern history, following a tight race with Hosni Mubarak’s last Prime Minister Ahmed Shafiq. Morsi is also the first Islamist to be elected as head of state in the Arab world.

Morsi was the candidate of the Muslim Brotherhood, an increasingly powerful Islamist organization. The Trumpet has warned for almost two decades that radical Islamists would gain control of Egypt.

The Muslim Brotherhood faces a daunting struggle for power with the country’s still-dominant military rulers. The military took over after a popular uprising last year that led to Mubarak’s ouster. The military council has dissolved the Muslim Brotherhood-dominated parliament, undercut the authority of the president and granted military police broad powers to detain civilians.

However, the Egyptian military is now facing intense pressure—both domestically and internationally—to yield its power to Egypt’s elected officials.

The power struggle between the military and the Muslim Brotherhood may continue, but in the end, the Muslim Brotherhood will come out on top. For more detail on what the Muslim Brotherhood victory means for the future of Egypt, read our article “Egypt in Chaos.”

Supreme Court Makes German Parliament the Most Powerful in Europe

Supreme Court Makes German Parliament the Most Powerful in Europe

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Germany’s parliament must be involved at the start of all EU treaty negotiations—elevating it above all other parliaments—Germany’s Constitutional Court rules.

The German Parliament needs to be involved at an earlier stage of European Union negotiations, the German Constitutional Court ruled June 19, meaning the German Parliament will be more involved in treaty negotiations than any other national parliament. The ruling gives Germany a greater say in EU decisions and makes it harder for German Chancellor Angela Merkel to make tough concessions to Europe.

Even before the ruling, Mrs. Merkel’s situation was difficult. EU nations would criticize every deal she offered as being too stingy. Then her M.P.s would criticize them for being overly generous. So far, she’s just about managed to persuade both parties to accept the deals.

Now her life will get much harder. When negotiating treaties, the German Constitution requires “the government to inform lawmakers comprehensively and at the earliest possible time,” said the court. “The information must enable parliament to early and effectively influence the government’s decision-making.”

Rather than being forced to accept a fait accompli, parliament will be able to restrict what concessions the chancellor can offer right from the start. Persuading Germany to accept euro bonds, for example, just got a whole lot harder.

Under the German Constitution, parliament must participate in all matters relating to EU integration. The government argued that recent bailout negotiations are not covered by this provision, as the new bailout funds aren’t EU institutions. The court disagreed, saying “EU matters do include such treaties if they add to, or are particularly close to, the law of the EU.”

The ruling is similar to a 2009 decision where the court said that parliament must approve all German military deployments, even if they are under the aegis of the EU. The ruling effectively gave parliament veto power over the EU’s military deployments. “Through this ‘trick’ of the German Constitutional Court, Germany must give the ‘go’ on any deployment of any EU battle group,” wrote Trumpet columnist Ron Fraser at the time.

This new ruling may have a similar effect, giving the German Parliament an effective veto over EU integration. The desires of Germany will certainly be given much greater consideration in future negotiations. All other national parliaments of EU states will only be able to accept or reject the final deal—often under heavy pressure. Only the German Parliament will be involved in the writing of new treaties right from the start.

The Constitutional Court already has a veto over EU integration. On June 21, the court asked the German president to delay signing the latest EU treaties—the new bailout fund and the fiscal pact—into law, saying the government pushed the legislation through parliament too quickly. The treaties haven’t yet been approved, but Chancellor Merkel wanted them signed into law by July 1.

This is just the latest Constitutional Court intervention in EU integration. When has the court of any other nation interfered with European integration?

Trumpet editor in chief Gerald Flurry warned in 2010: “Judicially, Germany is the only nation boasting a high court, the German Constitutional Court, whose power exceeds that of the European Court of Justice! The powers of the latter trump all judicial powers of the individual high courts of the other EU member nations(emphasis his).

The June 21 ruling is just more proof of this. And the most powerful court in Europe has also made Germany’s parliament the most powerful parliament in Europe, at least when it comes to treaty negotiation. Could it get any more obvious who is controlling the EU?

The ruling shores up German control over EU integration. Progress can only be made on German terms. The golden rule—he who has the gold rules—already gave Germany most of the power in these negotiations. The court ruling makes this clearer and sends a message to the eurozone: Unless Germany gets the concessions it wants, there will be no bailout. It’s not just a case of convincing the German chancellor, but the German Constitutional Court and parliament as well.

Faced with massive unemployment and social unrest, the eurozone will have no choice but to accept Germany’s terms.

Why the ‘Berlin Ten’ Are Not the Ten!

Why the ‘Berlin Ten’ Are Not the Ten!

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The number is right but the makeup is wrong. Which nations will comprise the final 10 prophesied to dominate Europe?

For 70 years we have declared that Europe is destined to morph into the biblically prophesied 10-nation combine under one overarching politico-economic and military power, spiritually inspired by Rome.

In recent months a group of 10 nations giving themselves the name the “Berlin Group” or “Berlin Club” have been meeting under the leadership of one of Germany’s least-popular and least-successful politicians, Foreign Minister Guido Westerwelle. Perhaps, realizing that his political career is on the skids, this is Westerwelle’s final effort to leave behind some sort of political legacy. Yet it is destined to ultimately fail, at least in its current form.

Despite Westerwelle’s efforts, the one thing that he has highlighted that has gained the attention of students of Bible prophecy is the number of nations involved in his initiative to enact a two-tier Europe. Present at the most recent meeting of the group—once again chaired by Westerwelle—were his counterpart foreign ministers from Austria, Belgium, Denmark, Italy, Luxembourg, the Netherlands, Poland, Portugal and Spain.

The number ten aligns with the prophecy of Revelation 17. But do the particular nations that comprise the Berlin Club gel with our understanding of the nations that will comprise the ultimate 10 powers that fulfill that prophecy? To answer this question, we must comprehend and accept a key element of interpreting Bible prophecy. Biblical revelation is only delivered by God through the minds of His prophets and apostles (Ephesians 2:19-22).

The understanding of the prophecies of Daniel and Revelation that reveal the rise of a great conquering northern power to dominate the world scene in our time was delivered by God through the mind of His 20th-century apostle, Herbert Armstrong. Those same prophecies are consistently taught, as revealed to Herbert Armstrong, via this website, under the direction of our editor in chief, Gerald Flurry.

What did Herbert Armstrong teach would be the makeup of the final 10 nations comprising the seventh and final resurrection of the Holy Roman Empire?

He began by going to Daniel 2 to explain that the two legs of the great image, representing the world empires prophesied to rule the world from the time of Babylon-Chaldea, were a type of the traditional division of the “iron empire”—the Holy Roman Empire—between east and west, destined to be resurrected seven times. He demonstrated that the 10 toes of the image would be a final 10-nation combine, comprising five powers from Western Europe and five from the Eastern nations of that continent.

If the prophecy that the nations of Israel will be enslaved by this northern power in the future (Daniel 11) is all-embracing—that is, if it includes the Israelite nations of northwestern Europe in addition to Judah and the Anglo-Saxon nations—then, as Mr. Armstrong showed, the final 10 nations which dominate Europe must be drawn from the Gentile nations of East and West Europe!

In a co-worker letter dated Sept. 20, 1979, Mr. Armstrong stated: “Many of the present Pope John Paul ii’s activities point to the fact that he can be the pope that will initiate this European reunion, in a ‘United States of Europe’” (emphasis added throughout).

Within three years of that prophecy, its fulfillment was there for all to see. The Soviet Union imploded and Eastern European nations clamored to enter the European Union. By the time of John Paul’s death, most of the previous Eastern Europe satellite nations of the defunct Soviet Union were members of the EU. Then the headlines began to emerge incorporating those very words used by Herbert Armstrong—the pundits observed that the EU was becoming a “United States of Europe”!

In the same letter, Mr. Armstrong went on: “As a matter of fact, his [John Paul ii] having come from Poland, and the effect of his visit there, indicate that instead of the coming ‘resurrected’ Holy Roman Empire including such nations of Israelitish ancestry as Holland, Denmark, Norway and Sweden, the 10 nations to compose it may include such nations—now Russian satellites—as Poland, Czechoslovakia, Romania and Yugoslavia …. It does seem that the nations of Israelitish ancestry, in western and northwestern Europe, would likely be excluded from the coming 10-nation ‘Roman Empire.’”

Two years later, Herbert Armstrong, speaking in a message to his supporters declared: “… God is going to let things speed up very quickly from here on. If not now, when it does happen it will happen suddenly—so quickly it will take your breath, and the whole world will gasp in awe and wonder when they see the things that are prophesied. For example, 10 nations in Europe—probably five of them in Western Europe and five in Eastern Europe—reviving, resurrecting the so-called Holy Roman Empire of the Middle Ages; and that is going to happen very soon now” (sermon, Oct. 13, 1981).

In 1983, with Pope John Paul ii moving aggressively to revive the political voice of the Church of Rome in Eastern Europe, Herbert Armstrong had this to say: “The pope’s visit to Poland, terminating tonight, is a MOST SIGNIFICANT event in breaking loose probably five Soviet satellite nations in Eastern Europe, so they may be united by the Catholic Church with five Western European nations. It will become a colossal third world power, possibly greater than either the Soviet Union or the United States.

“On nbc News, Marvin Kalb reported, ‘Throughout this trip the pope has come through as a type of spiritual superpower’” (member and co-worker letter, June 22, 1983).

Little did that nbc reporter know that Bible prophecy forecasts a spiritual leader of mother Rome actually becoming a type of superpower in the very near future (Revelation 13 and 17).

In the meantime, with “10 nations” becoming a fashionable term in European headlines courtesy of the Berlin Group of 10, we look for the final makeup of the prophesied 10 which will yield up their power to one dominant, predominant, overarching power, described in your Bible as “the beast.” That the crisis in Europe, now rapidly reaching its climax, will be a catalyst accelerating the forging of this final 10-nation resurrection of the Holy Roman Empire we have no doubt.

Whatever the outcome of this week’s most crucial EU summit in Brussels, you can be sure that it will take us one major leap forward to the rise of that prophesied 10-nation combine—five nations from Western Europe and five from Eastern Europe—that Herbert Armstrong so presciently and tenaciously prophesied throughout his long ministry.

When that does occur, it will be but a brief moment before we see Jerusalem surrounded by armies (Luke 21:20). That’s the very sign that Jesus Christ gave to demonstrate the proximity of the coming Great Tribulation on the Israelitish nations (Matthew 24:21-22), and the very signal indicating that it will be time for His brethren to flee to a place of safety (Luke 21:21).

The EU summit this Thursday and Friday will work to advance the proximity of these momentous events leading up to the very return of Jesus Christ to this Earth to set up His Kingdom over all other kingdoms on Earth!

Watch Brussels this week! (Luke 21:36).

Moody’s Goes on Downgrading Spree

Moody’s Analytics downgraded its ratings for 15 of the world’s largest banks late Thursday afternoon. Moody’s stated that each of the banks has “significant exposure” to the volatility of the capital markets.

Bank of America, JPMorgan Chase and Goldman Sachs were among the American banks affected. Some of Europe’s largest banks, including Barclays, Deutsch Bank and hsbc, were also downgraded.

A downgrade usually makes it more costly for banks to raise money by selling debt. When a bank’s credit rating is downgraded, it is considered to be a riskier investment; therefore investors demand higher interest.

However, with interest rates already at rock-bottom, Moody’s downgrades might actually have little effect on the banks’ cost of funding. In a sign that investors shrugged off the downgrades, the stock market actually rallied after the news was announced.

Moody’s was essentially adjusting its outlook to something investors were already well aware of.

Yet the announcement highlights the fact that American and European banks have still not fully recovered. The Trumpet does not believe they will. Although the banking system is experiencing a protracted disaster, much more important than the financial repercussions are the political repercussions. Watch for European leaders to actually use this crisis to transform the structure of the European Union. A federal European superpower will emerge soon.

Egypt in Chaos

Egypt in Chaos

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Who will win the showdown between the military and the Islamists?

The “yuppie revolution” may have taken down the dictator. But as one commentator noted at the time, history did not end the day Hosni Mubarak stepped down. It continued on. And today, Egypt’s transitional government has plunged headfirst into chaos.

The official results for Egypt’s first free presidential election, a run-off between the Muslim Brotherhood’s Mohammed Morsi and Ahmed Shafik, the prime minister who previously served under Hosni Mubarak, were supposed to be announced yesterday. But with both campaigns disputing the final tally, the election commission decided to delay the announcement and did not offer a new date for the official decision.

This comes one week after Egypt’s military court prepared for the possibility of an Islamic takeover by dissolving the Muslim Brotherhood-dominated parliament, reconfirming de facto martial law and assuming full legislative control.

On Sunday night, shortly before Morsi declared himself the winner in the run-off, the military council issued an interim constitution that severely limited presidential powers. According to the New York Times, “Their charter gives them control of all laws and the national budget, immunity from any oversight, and the power to veto a declaration of war” (June 18).

Yet, even as the military council fights to maintain control over Egypt’s political institutions, it appears to have given up the battle against Islamist terror cells that are now popping up all over the Sinai Peninsula. The same day Morsi declared victory, a terrorist squad infiltrated Israel’s southern border with Egypt and ambushed a vehicle of workmen Israel had contracted to build a much-needed security fence along the Israeli-Egyptian border. One Israeli citizen was killed in the attack.

This well-organized, cross-border raid followed Saturday’s double rocket attack against Israel—a strike that also originated in the Sinai.

Israel’s defense minister, Ehud Barak, said the attacks signaled a “disturbing deterioration in Egyptian control of the Sinai.”

According to an Israeli security official cited in Haaretz, the weekend rocket strike was carried out by Hamas, but at the request of the Muslim Brotherhood. Whether or not that’s true, both incidents were clearly not random attacks. They were carefully planned to coincide precisely with Egypt’s presidential election.

Monday’s ambush, incidentally, was the work of the Palestinian Islamic Jihad, a Muslim Brotherhood offshoot that is backed by Iran. This is a recurring theme that Trumpet readers are well familiar with. Wherever there happens to be chaos or instability in the region, Iran always seems to be working behind the scenes. It may often clash with much of the Sunni Arab world, but in Egypt—specifically the Muslim Brotherhood—Iran sees a critically important strategic ally that will greatly strengthen the forces of radical Islam and further isolate Israel.

This is what Egypt’s military council is going up against. It’s facing intense pressure—from within and without—which is why it has taken such desperate action over the past week. It’s losing its grip on power!

Keep in mind that Hosni Mubarak’s regime—which brutally suppressed Islamic extremism, by the way—has only been gone for 17 months. And during that time, the Muslim Brotherhood has hijacked the “Arab Spring” uprising, secured 70 percent of Egypt’s parliamentary seats and re-worked Egypt’s constitution, basing it on sharia law. Now it appears to have won the presidency.

It’s possible, of course, that the power struggle between the military and the Brotherhood might continue on for a few more weeks or months—maybe a year or two.

But the Brotherhood will win in the end, just as Mubarak himself said would happen, shortly before he resigned last year.

If you remember, right at the start of the popular uprising in January of 2011, Mubarak agreed to step down after seven months, so that he could set up an orderly transition of power for his successor. But President Barack Obama quickly responded to that plan by insisting that the transfer of power begin immediately.

“You don’t understand the Egyptian culture and what would happen if I step down now,” Mubarak told abc in early February 2011. He said a hasty departure would only result in a chaotic political scene that would enable the Muslim Brotherhood to grab hold of power.

“They may be talking about democracy, but … the result will be extremism and radical Islam,” Mubarak also said on the eve of his resignation.

A few days later, President Obama said the United States shouldn’t worry about the Muslim Brotherhood. They didn’t even have majority support in Egypt, the president told Fox News on Feb. 6, 2011.

And now look. Assuming the election results hold, this will be the first time an Islamist has been elected as head of state in the Arab world.

What a stunning and rapid transformation this has been.

On Tuesday, I attended a press briefing for Mosab Yousef, the eldest son of one of the seven founding fathers of Hamas—the Muslim Brotherhood offshoot that controls Gaza. He said the Egyptian election effectively means that Hamas now controls Egypt. “The southern border of Israel right now is in danger,” Yousef said. “And we’ve witnessed the rise of the Muslim Brotherhood not only in Egypt; we see it in Jordan, we see it coming in Syria, we see it in [the] Gaza strip, in the West Bank, Tunisia, Libya, Morocco—one unity for the first time.”

All the talk in the world about democracy will not alter this harsh reality. Religious fanaticism is on the march. And just as we told you almost 20 years ago, from Iran’s vantage point, Egypt is the grand prize.

We knew this was coming because in Daniel 11, it says Egypt will not escape the wrath of the German-led Euro-beast, which will soon “come against” the forces of radical Islam like a whirlwind (verses 40-42). This is why we have long known about Egypt’s radical transformation—and that it would eventually ally itself with Iran.

We repeated this forecast three years ago, during President Obama’s Islamic outreach tour. Remember what we told you about the president’s “new beginning” speech in Cairo—how Muslim Brotherhood members were in attendance, but not Hosni Mubarak?

The Muslim Brotherhood had been trying to overthrow Mubarak’s pro-American administration for years, my father wrote soon after Obama’s speech. And yet, here they were sitting in on the speech! The handwriting was on the wall then, but no one could see it. At the time, the Wall Street Journal was reporting that Hosni Mubarak had tightened the noose around the neck of radical Islam in Egypt.

“But Daniel’s prophecy states that the radical terrorists are going to get the upper hand in Egypt,” my father wrote. “That is certain to happen!” (June 22, 2009). My father went on to say, “No doubtthe Muslim Brotherhood is going to gain control of Egypt.”

Add that statement to the long list of stunning prophetic predictions we’ve been making over the last two decades.

While he was at the helm in Egypt, Hosni Mubarak almost single-handedly kept the forces of religious extremism at bay in the country. For three decades, he honored the peace agreement Anwar Sadat made with Israel. And yet today—just as my father warned 19 years ago—the forces of radicalism are now taking over. And Bible prophecy shows that Egypt, the Middle East, and the whole world will be far more perilous because of it.