Does Europe already have a single currency called the ECU?
Yes. The context states that Europe already has its own currency, the European Community Unit (ECU). It is already registered on the world's currency markets, and dollars can be exchanged for ECUs today. They are not pushing it yet because they are not quite ready, but everything is set.
Les reads that they already have their own currency, and it is already registered on the world's currency markets. You can go and exchange dollars for what they call the European Community Unit, or ECU. If you want to change dollars into ECUs, you can do it already today, so it is that close. They are not pushing it as yet because they are not quite ready for it, but everything is set. Les adds that the whole constitution of Western Europe is ready to be implemented. He then projects that when these 10 nations seemingly feel like they have their act together, there will be so much turmoil that it will make the time ripe for the appearance of a strong man, the Antichrist, the little horn out of these 10 nations, with three of the smaller ones losing their identity and the remaining seven producing this man.