European Central Banks states that the Euro could dethrone the US dollar if Europe develops a stronger military
(Pixabay photo)
RT reported the following:
Euro could dethrone US dollar – ECB
26 May 2025
The euro could become a strong alternative to the US dollar if the 20-nation bloc could reform its financial and security framework, European Central Bank President Christine Lagarde said on Monday.
The dollar tumbled to a three-year low last month as market jitters mounted over US President Donald Trump’s tariff war. Lagarde has asserted that Washington’s economic policies are pushing global investors to rethink their reliance on the greenback.
The dollar’s dominance has also been increasingly undermined due to concerns over soaring US debt and Washington’s use of the currency as a geopolitical weapon by imposing sanctions and freezing assets.
However, the euro faces similar problems. Since Western sanctions were imposed on Russia in response to the Ukraine conflict in 2022, Moscow and its trade partners have increasingly moved away from both the euro and dollar in favor of national currencies. Russian data indicates that 90% of the country’s trade with BRICS members last year was conducted in domestic currencies.
Despite this, Lagarde pointed to a “prime opportunity” for the euro to grow in influence, referencing trade policy uncertainty under Trump as a key factor behind investor concern. “The ongoing changes create the opening for a global euro moment,” she said. “But the euro will not gain influence by default – it will have to earn it.”
Lagarde emphasized that to close the gap with the dollar, the EU would need to complete its single market, enhance legal consistency, and reform domestic financial systems. Boosting the euro’s use in international trade invoicing, she added, would also help, alongside improving cross-border payment mechanisms and building up ECB-led liquidity support.
She also argued that greater joint financing – including in defense – is necessary to underpin the euro’s standing. “We need stronger military capabilities if we want the euro’s global role to grow,” she stated. https://www.rt.com/business/618173-ecb-dollar-euro-alternative/
In many ways, Donald Trump has made Europe, and its currency, more attractive on the world scene.
Tariffs and sanctions and the threat of more tariffs and sanctions are causing more nations to turn away from the USA and look more towards each other.
The Europeans have long wanted the euro to push the US dollar’s reserve currency status aside. Plus there is the BRICS+ alliance that has long wanted to stop using the US dollar for cross-border trade.
Notice something from my latest book available at Amazon Kindle: Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? as well as Amazon print :
The USA dollar will ultimately crash and be worthless. That “pride” of American power will be broken (cf. Leviticus 26:19). …
European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the USA dollar from its current position as a reserve currency.
Those in Russia, Iran and some of the Arab lands, along with nations such as Brazil and India have discussed plans for the removal of the dominance of the USA dollar in global trade as well. Many are now working on that, along with China, in what is called the BRICS alliance.While Donald Trump did not cause all of this, an unintended consequence of the use of sanctions in the Trump-Pence Administration (as well as by the Biden-Harris Administration) is that more nations are looking to bypass the dollar. …
When the U.S. dollar is no longer the world’s reserve currency, this will hurt the USA financially. Increasing debt, including “quantitative easing,” is a form of dishonest profits that is not something that God approves of and will punish the USA for (cf. Ezekiel 22:13-16). …
Since many are now questioning the role of the USA dollar as the world’s reserve currency, more are looking into other currencies as well as gold.
Gold will set records in U.S. dollar terms. …
When the U.S. dollar totally collapses people all around the world will consider that even if the euro (or something similar) is strong, having a more gold-backed currency would be safer.
The collapse of the USA dollar will shake a lot of the world’s confidence in non-gold backed currencies. The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar or various other currencies.
Having the European power acquiring more gold to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied. …
The USA and its dollar are at serious risk. …
Unintended Consequences
While Donald Trump seems to believe that his policies are best for the United States, notice some unintended consequences of them: …
- Pushing tariffs and sanctions on other countries is contributing to the rise of the final time of the Gentiles (Luke 21:24; Ezekiel 7:24).
- Pushing tariffs and other policies that foreign nations do not like is contributing to other nations looking to bypass the USA dollar, as well as trade more with each other and less with the USA. This will further push various globalist’s moves forward without the USA. This is also helping set the stage for the coming European Babylonian Beast to dominate international trade. …
- Pushing against Europe’s unity is encouraging the Europeans, which are prophesied to have unity difficulties (cf. Daniel 2:41-43), to try harder to unify, which will happen after at least two reorganizations (Revelation 17:12-13).
- By breaking political norms and acting like a ‘strong man’ this will help Europeans being more accepting of their beast ‘strong man’ (Revelation 13:1-10; 17:13).
- Donald Trump’s statements will help promote the rise of stronger European leaders like Karl-Theodor zu Guttenberg.
- Although, overall, the European nations have not paid for their defense to the amount they have suggested they would, pressuring them to spend more will 1) encourage them to be independent of the USA and 2) put Europe in a position where it has a great army (Daniel 11:25), many ships (Daniel 11:40), and access to nuclear weapons (cf. Deuteronomy 29:23-25; Isaiah 9:19-21;Ezekiel 6:6), which will help it conquer the USA, which is the military power with the strongest fortresses (cf. Daniel 11:39).
[ii] Thiel B. Barack Obama, Prophecy, and the Destruction of the United States. Nazarene Books, 2013, pp. 67-48
Since the above was published, gold has set records in US dollar terms multiple times. And more countries are looking seriously about bypassing the US dollar because of tariffs, sanctions, and other economic issues.
The Continuing Church of God put together the following video in November 2024 on our Bible News Prophecy YouTube channel:
SWIFT end to the US dollar?
After World War II, the US dollar became the world’s primary international trading currency. In this video Dr. Thiel and Steve Dupuie went over some of the reasons for that development. They also discussed US dominance of SWIFT. SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. SWIFT provides a network that enables financial institutions worldwide to send and receive information about financial transactions. The use of sanctions and the weaponization of SWIFT by the US was brought out as were alternatives to SWIFT development by Russia (System for Transfer of Financial Messages-SPFS) and China (Cross-Border Interbank Payment System-CIPS). Also the BRICS Pay alternative to SWIFT, mentioned at the BRICS Kazan Summit in October 2024 was mentioned as well as “the Unit”, which is a potential, gold-backed currency that Vladimir Putin brought up as another alternative. An article titled ‘The Biggest Story that’s NOT Being Told Will WREAK HAVOC on the US Economy’ was discussed along with the specter of extreme inflation hitting the US once its dollar is no longer relied on internationally. The fact that SWIFT is supposed to be a European system, and one that Europeans want more control of, was mentioned along with the fact that the Europeans could also push harder for the end of SWIFT and/or the US dollar dominance. The timing of the coming Great Tribulation and US banking/financial matters was also mentioned.
Here is a link to our video: SWIFT end to the US dollar?
The US dollar is going away as the world’s premier currency and the damage to the US economy is beyond what most of its politicians realize.
But Europe is also looking to increase its military capabilities.
And while some think this will not harm the US, they are wrong.
Europe will one day reorganize (Revelation 17:12-13), end up with a great army (Daniel 11:25) with many ships (Daniel 11:40), and will one day conquer the strongest military power in the world (Daniel 11:39)–that will be the end of the US and its British descended allies.
The Bible also says that Europe will one day dominate international trade (cf. Revelation 17 and 18).
It is trying to set that up now.
Also, having the Euro dethrone the US dollar will assist with that–and that is something the Europeans are working on now!
There have and will be many unintended consequences of Donald Trump’s statements and policies.
Some items of possibly related interest may include:
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon; When Will the End of the Age Come?; Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
Spiritual Samaritans: Old and New Who were the Samaritans? Do the represent true Christianity or something else? Here is a link to a related sermon: USA in Prophecy: Samaria.
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold and silver? Two videos of related interest may be: Germany, Gold, and the US Dollar and Silver, Science, and Scripture.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is are links to related videos: European history and the Bible, Europe In Prophecy, The End of European Babylon, and Can You Prove that the Beast to Come is European?
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen. The link takes you to a book available at Amazon.com.
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies? Kindle edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?
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