Is this threat to Europe by Gaddafi serious?

a href="http://uk.news.yahoo.com/video/skyworld-25537618/huge-rally-in-tripoli-as-gaddafi-warns-europe-25816805.html#crsl=%252Fvideo%252Fskyworld-25537618%252Fhuge-rally-in-tripoli-as-gaddafi-warns-europe-25816805.html"http://uk.news.yahoo.com/video/skyworld-…/a