There are a lot of rumors of a Greek deal, but I believe the negotiations missing reality. If an agreement is agreed upon it must then pass many hurdles to become law. The deadline was Sunday, and here we are Tuesday with no deal. European leaders are preparing for the worse as a Greek default could spread to other countries. I notice the European Central Bank (ECB) is buying Italian and Spanish bonds, but not Greek and Portuguese bonds. The Europeans are willing to sacrifice two countries to save the big two. A disorder default by Greece will put tremendous pressure on European and Western markets, and if you add a Middle East conflict then hyperinflation will happen.
Former American officials are sounding the alarm of war. People who say no war will happen have their heads in the sand. War preparations are taking place as Russian officials are travelling the Middle East shoring up their allies. Turkey is the wildcard, but we know from Ezekiel Turkey will side with Russia and Iran to attack Israel in the last days. Reports are showing Iran may preempt an attack with Israel, which in turn fulfill Ezekiel 38/39.
Churches who preach replacement theology and deny the existence of Israel's place in God's kingdom do a disservice to its members. Those who preach replacement theology run the risk of not preparing the flock for the coming day of judgment, which in turn will experience God's Wrath. Replacement theology teaches the church has replaced Israel as God's chosen nation. As we approach days of darkness, yet we are already there, we must prepare for the false teachings before us. There are different views where events will take place, but something that is not from God is replacement theology. It damages God's kingdom, and goes against the belief Israel is still God's chosen people.
The political leaders are due to discuss that agreement late on Tuesday.
"The Greek government is working on the final document that will be discussed at the political leaders' meeting later in the day," a government official, who declined to be named, told reporters.
Prime Minister Lucas Papademos negotiated through most of the night with Greece's European Union and IMF lenders, ending at 4 am (2 am London time) when the 24-hour strike was about to begin, closing ports and tourist sites and disrupting public transport.
Papademos, a technocrat parachuted in to lead the Greek government late last year, must persuade leaders of the three parties in his coalition government to accept the EU/IMF conditions for the 130-billion-euro ($170-billion) rescue.
With Greece's future in the euro zone in question, German Chancellor Angela Merkel told Athens on Monday to make up its mind fast if it would accept the deal ? and its conditions of reforms to make the economy more competitive that are certain to lead to big cuts in living standards.