Former German Defense Minister Karl-Theodor zu Guttenberg
DANIEL ROLAND/AFP/GETTY IMAGES
BY JOSUÉ MICHELS, Editing, Stephen Newdell • FEBRUARY 14
Between January 16 and 18, St. Moritz, Switzerland, hosted the 2019 Crypto Finance Conference.
The event, which focuses on the financial system of the future, hosted some of the world’s most high-profile billionaire investors. One of the keynote speakers was Germany’s former economics minister and defense minister, Karl-Theodor zu Guttenberg.
The Crypto Finance Conference website stated that the event offered attendees “educational keynotes by industry experts, insightful panel discussions about current and future trends, as well as unique networking opportunities.”
Cryptocurrency is one of the world’s emerging technologies. Some expect it to transform business transactions as we know them today.
Guttenberg is seen by many as an expert in the field. His understanding of politics and digital trends, plus the influence he holds in Europe, have earned him considerable respect.
Guttenberg and the Finance of the Future
Guttenberg is regularly invited to speak about global trends. His keynote speech on January 17 was noteworthy. The title of his speech was “Blockchain and Geopolitics: A Powder Keg or a Solution for Global Crisis?”
Financial technology experts believe that blockchain technology will transform the world’s banking system (see “The Finance of the Future?”). Financial visionaries of the world believe that whoever gains the upper hand in the development of this technology may soon lead the world into a transformed future. Guttenberg believes the same and has promoted the technology as one of the solutions to Europe’s crisis. He believes that if Europe takes the leading role in digitalization, it could soon lead the whole world and solve the global geopolitical crisis.
However as I (Newdell) and others have warned, these fiat currencies are only promises to pay created out of nothing more than computer keyboard strokes! Permit me to explain briefly. Let’s suppose that I in New York decide the price of wheat will fall this summer. I think there will be too much of it, so I make a gamble on the financial market (called a “put futures contract”). You, an agricultural expert in Nebraska think you know better and take a “call futures contract” expecting the price of wheat to rise owing to an expected hot, dry summer. We’re both big investors and there are many others gambling in the same way with these “derivative” contracts. The weather is “beastly,” the harvest is terrible, the price of wheat rises, you make a fortune and I lose everything I invested and a good bit more. Where does the money come from? A bank literally creates it out of thin electrons and it appears in your bank balance. You collected $100,000 and I lost. No paper or precious metal ever changed banks or changed from my hands to yours. We worked with promises to pay, no real money.
Suppose one day a great many such contracts are exchanged leading to a domino effect. Insurance companies lose money, other investment houses lose money, their computer programs automatically demand to sell attempting to reduce their losses. Value of several currencies drops like a rock, and computer programs across the world “go wild” while you are asleep. By morning Bank of America is teetering on the edge of bankruptcy and the stock market is closed by Presidential order. You can’t get even $20 out of your ATM at Bank of America and you’re terrified about that might happen next.
Suppose further this affects US government bonds, Japanese government securities, German, French and English securities, by that night Spain, Portugal, Italy, and most of Eastern Europe are in serious financial trouble. The Bible tells us to expect the world’s financial markets to one day be in chaos and gold to be worthless. This is what happens when we all have “promises to pay” on paper but nothing like precious metals in hand. The Crypto Currency of the future could ruin the entire world overnight. Despots want the oil in the Middle East and that big oil find off the coast of Israel and all of them almost simultaneously begin an invasion to kill the Israeli Defense Forces and take that oil!
You may say this is “far-fetched.” I’ve been predicting it for years and I think it can happen and likely will happen.
A looming financial crisis currently threatens the world. If America continues on its current course, it is only a matter of time before another financial collapse occurs. This would throw Europe into a massive financial crisis.
But new financial technologies could enable Europe to create a financial system that operates independent of the U.S., saving Europe from a financial crisis.
Because of Germany’s lack of initiative in this sector, Guttenberg has often criticized the current government for running after global trends rather than setting them, indicating that if he were in charge, things would be radically different.
Late theologian Herbert W. Armstrong prophesied that Europe would indeed control the future’s finances. He specifically stated that a massive banking crisis in America “could suddenly result in triggering European nations to unite as a new world superpower larger than … the U.S.” (co-worker letter, July 22, 1984). Blockchain and financial technologies could form part of the post-crisis financial system.
Many scriptures talk about this coming European power as an economic power. Revelation 18 describes merchants all over the Earth benefiting from its trade.
The Bible also says that it will be centered around one strong leader. Many of us think it is likely K.T. zu Guttenberg could be that leader!
At the time, Mr. Armstrong believed this prophecy could be fulfilled by the late Franz Josef Strauss, who led Germany’s Christian Social Union from 1961 to 1988. Though Strauss sought to grab power over Europe, he never reached his goal. However, he left a political legacy that traces down to Karl-Theodor zu Guttenberg today.
Strauss mentored Edmund Stoiber. Stoiber was elected as csu party leader on Jan. 16, 1999, in Munich. Like Strauss, Stoiber ruled Bavaria; but also like Strauss, his attempt to rule Germany and Europe failed.
Stoiber mentored Guttenberg. For this reason, Trumpet editor in chief Gerald Flurry directed the Trumpet staff to watch this man very closely. Guttenberg left the political scene in 2011 after a plagiarism scandal, but he has remained a commentator on European and German affairs.
Now he’s also an expert on financial systems. He is in a great position to lead Europe as people look for a solution to a future financial crisis.
At times, you won’t hear any news about Guttenberg’s activities for weeks and even months. However, in 2017, 2018 and 2019, Barren zu Gutenberg broke his silence, each year around January 16—the anniversary of Mr. Armstrong’s death.
After weeks of public silence, he gave an interview on Jan. 15, 2017, with the popular German tabloid Bild. In the interview, Guttenberg strongly criticized U.S. President-elect Donald Trump, who was soon to be inaugurated.
Leading up to 2018, the public again heard little from Guttenberg. Again he broke the silence on January 15 in an interview with N24, in which he heavily criticized the German government.
In the weeks leading up to January 16 of this year, again Guttenberg was saying nothing. But on January 16 and 17, he made headlines by attending the Crypto Finance Conference. On January 19 he gave a video interview with Die Welt in Florida. On January 22, he gave a speech titled “World Order in Transformation” at the 2019 German Media Congress in Frankfurt.
The Trumpet, and I here at HeavensWay2022.com continue to watch Guttenberg—he is very likely to play a major role in world affairs affecting your personal and financial life. For more on the strongman prophesied to soon arise in Europe, and why Guttenberg could be that man, read A Strong German Leader Is Imminent, by Gerald Flurry.
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