Watching the panic and confusion of the stock markets unfold last Friday via cnbc it was apparent that one consistent comment was being made by the pundits. It seemed whoever was being interviewed throughout the day ended up declaring that events in Europe—not America, but Europe—would be the main deciding factor on the outcome. The sharper observers even got more pointed, isolating Germany as the main string-puller in the whole eurozone crisis that had dealers biting their fingernails on Friday.

Regardless of the carnage on global stock markets that we all wake up to today and witness for the rest of the week, there is one clear winner in this whole economic bloodletting: Germany!

Following S&P’s downgrade of America’s credit rating late Friday, the German newspaper Sueddeutsche, under the subhead, “Germany as a profiteer?”, observed (August 6; translation ours and emphasis added throughout):

It so happens that comparatively solid borrowers such as Germany stand to benefit from the downgrading of the U.S. credit rating. During the political tug-of-war that resulted in the raising of the U.S. debt limit, German government bonds in international financial markets were in greater demand than ever. Because the uncertainty resulting from political bickering in the U.S. became too great for lenders, they turned to other borrowers (in this case, Germany). After the downgrading of the U.S. credit rating, this effect will be inevitably strengthened.

Some sharp observers are waking up to just how manipulative Germany has been in this whole global economic crisis—to its own significant advantage!

Under the headline “Germany’s Opportunity Takes Shape With Eurozone Crisis,” Stratfor wrote this—using words that hearken right back to Herbert Armstrong’s far-sighted prophecies of this very outcome: “Germany definitively decided that it will allow its wealth to underwrite the [European] union, but only in exchange for political control over how its wealth is used. With these changes, the Germans have staked their claim to European leadership” (August 5).

But the great German game-changer is far from over. Do not expect the euro crisis to disappear after the weekend’s meeting of EU leaders and the frantic phone calls they had with other deeply concerned heads of state.

As Stratfor further mused, “Germany reaps some benefit from the continuation of the crisis. So long as bond markets are pressuring EU states, those states are forced to come to Germany to humbly ask for assistance. This assistance comes with a price that the Germans are now able to name.”

Consistently, from the time of the European Union’s inception, German elites have either created a crisis or taken advantage of an existing one to steamroll their imperialist vision into being, through the most undemocratic of procedures—the diktat of formerly Bonn, latterly Berlin and the unseen hand of Rome working through the Catholic-dominated EU bureaucracy. The action Germany took on July 21 was no exception to this rule. In fact, it was historic in its effect on Europe’s collective economy.

On that date, EU elites, led by powerful German interests in consortium with their lapdog France, seized on the euro crisis to bully the entire eurozone into what they had wanted all along: control of the coffers of Europe. This consummated what the Maastricht Treaty had enabled, in prospect, back in 1992: the consolidation of the EU into a singular political and fiscal union—a literal European empire.

The 17 eurozone nations are, as of July 21, a fiscal union, with their future economic and revenue-raising policies subject to the oversight of Germany, the eurozone treasurer.

In effect, to preserve the eurozone, most of the EU member nations have yielded up sovereign control of their national economies to the EU ruling class, largely made up of German bureaucrats. This gives Berlin, through its lackeys in Brussels, the power to dictate economic policy, particularly taxation policy, to 17 of the 27 EU member nations.

It is all part of a grand design for Europe that has been evolving over time in a pattern having resurrected its ugly head under six historic revivals of the Roman imperial dream. It dates back to the first resurrection of the Roman Empire under Justinian in the sixth century a.d.

Consistent with that perpetual universalist vision of crusading Rome, Pope Benedict xvi nailed his colors to his “Holy” Roman mast when he declared in his timely encyclical released in July 2009: “[T]here is a strongly felt need, even in the midst of a global recession, for a reform of … economic institutions and international finance, so that the concept of the family of nations can acquire real teeth …. This seems necessary in order to arrive at a political, juridical and economic order which can increase and give direction to international cooperation for the development of all peoples in solidarity. To manage the global economy … there is urgent need of a true world political authority …. Such an authority would need to be regulated by law … to seek to establish the common good” (“Caritas in Veritate,” July 7, 2009). For “common good,” read “global governance” under the spiritual oversight of Rome! The term “Catholic” means what it says—universal, global!

But to institute such a global world order, with “real teeth,” Rome needs both a protector and an aggressive crusading power to carry out its will. The nation that has historically fulfilled that role is Germany.

In the grand design of all things, it has been by no mere accident that while the world’s attention is caught up in the massive turmoil within the global stock markets, Germany has been taking full advantage of the crisis to enhance its economic and political power. Global markets now look to Germany to lead in the solution to the current market chaos. In the process, as we have regularly reported, Germany is well advanced in the project of developing institutions having “real teeth” to enforce its will “for the common good” of “all people.”

Germany will now play with the global crisis for as long as it needs to serve its political vision. As Straftor mused: “So long as the crisis does not spiral out of control, Germany actually needs the market pressure to steadily rewire the European architecture more to its liking. Berlin actually has a vested interest in keeping the crisis—and several EU states—on an aggressive simmer” (op. cit.).

And simmer it will until the world caves in and yields to the all-pervasive power of that which the pope called for—“a reform of … economic institutions and international finance, so that the concept of the family of nations can acquire real teeth. [A] political, juridical and economic order which can increase and give direction to international cooperation …. To manage the global economy … a true world political authority ….”

This all happening in direct and very timely fulfillment of the Bible prophecies of Daniel 8 and 11 and Revelation 13 and 17 in particular.

Events since July 21 have brought the world to the point where all nations now wait on news from Europe, especially news from Europe’s dominant power, Germany. For the reality is that from here on it will be Germany’s voice, overlaid by papal support from Rome, that increasingly will dictate the prime moves on the great global geopolitical chessboard.

We do not gloat. But we take a deal of satisfaction from declaring “we told you so” and have been telling you for over two decades—just as our mentor, Herbert Armstrong, consistently did for well over 50 years—that Germany will for one last time seek world domination. That plan is now well advanced. No thinking person can now deny the evidence.