I understand that's the Mormon view of things for us regular people on earth. How is it possible that there are angels equal to the gods? I suppose I could think of a hypothetical situation in Mormonism where one generation of angels has more power than say a much later generation of gods (since Mormons insist they will never have power equal to Heavenly Father) but that would be just speculation.
What makes you say that there are angels equal to the gods?
Abraham was one of the great ones. His description is amazing:
(Old Testament | Genesis 26:4 - 5)
4 And
I will make thy seed to multiply as the stars of heaven, and will give unto thy seed all these countries; and in thy seed shall all the nations of the earth be blessed;
5
Because that Abraham obeyed my voice, and kept my charge, my commandments, my statutes, and my laws.
(New Testament | Luke 16:22 - 27)
22 And it came to pass, that the beggar died, and was carried by the angels into
Abraham's bosom: the rich man also died, and was buried;
23 And in hell he lift up his eyes, being in torments, and seeth Abraham afar off, and Lazarus in his bosom.
24 And he cried and said,
Father Abraham, have mercy on me, and send Lazarus, that he may dip the tip of his finger in water, and cool my tongue; for I am tormented in this flame.
25 But
Abraham said, Son, remember that thou in thy lifetime receivedst thy good things, and likewise Lazarus evil things: but now he is comforted, and thou art tormented.
26 And beside all this, between us and you there is a great gulf fixed: so that they which would pass from hence to you cannot; neither can they pass to us, that would come from thence.
27 Then he said, I pray thee therefore,
father, that thou wouldest send him to my father's house:
Whether Abraham is equal to God I do not know. Perhaps it will take a billion or so years to have that equality and oneness with God. That being said our goal is to be one with God to the stature and fulness of Jesus Christ as mentioned in the Bible.