ABUSA–Anywhere But the USA for trade–ECB wants independence from America


European Central Bank, Frankfurt (Eric Chan)

COGwriter

The international investing community is getting skittish about the United States. So much so, a new acronym is gaining in popularity:

June 3, 2025

If you haven’t heard of ABUSA yet, you’re about to. It’s the latest buzzword shaking up the investing world — and it stands for “Anywhere But the USA.” With U.S. economic uncertainty and unpredictable trade policies making headlines, investors are quietly but decisively shifting their money to international markets. Spoiler alert: It’s not just a fad.

The Shocking Surge Away from U.S. Markets

Global equities outside the U.S. have surged approximately 11% in dollar terms, reaching record highs — while U.S. stocks have mostly been treading water. Why? Because the once rock-solid confidence in the American market is cracking.

That uncertainty is real. Frequent changes in trade policies and fiscal decisions have investors questioning whether the U.S. market can keep delivering strong returns — especially when valuations here are sky-high compared to other regions. https://www.etnownews.com/news/abusa-anywhere-but-the-usa-the-catchy-acronym-behind-2025s-biggest-investment-shift-article-151781078

An investment theme is only complete when it gets its own acronym, and the brokers that gave us BRIC, FANG, PIGS and TMT have captured the latest trend perfectly: ABUSA, or Anywhere But U.S.A. 05/18/25 https://www.wsj.com/finance/stocks/the-ditch-america-trade-now-has-its-own-acronym-abusa-15ba3a58?gaa_at=eafs&gaa_n=ASWzDAgDULYT8cfxfS3LsjojMtjFg87cumv4IBw3B0wk2VGJC3neCEJ8SRud&gaa_ts=683e3d46&gaa_sig=F13ElmxFUqug-ppXajxQFFpdGemlP4ajcksU9ONZxkyrz6yWnwtpPQ5IUKPfiwwzvNHbKOCKlp7UMocdupXZ2w%3D%3D

Yes, tariffs, sanctions, economic threats, and policies from the Trump Administration are pushing nations away from investing in the USA.

There is an expression that “the enemy of your enemy is your friend.” The USA is turning friends into enemies, and that is consistent with biblical prophecies (e.g. Lamentations 1:1-2).

And it is more than just investors who are changing their views of America.

The European Central Bank (ECB) and others in Europe want to push aside the US dollar, push the Euro, and become independent from the USA. A reader sent a link to the following:

2 June 2025

Thanks to the recent weakness of the US dollar the euro could “play a greater international role” as it gains importance in the global financial system. This view is being advanced by Christine Lagarde, President of the European Central Bank (ECB). As Lagarde stated last week, the US dollar’s share of global currency reserves has fallen to 58 per cent, the lowest since 1994. In the current weakness of the dollar she sees as an opportunity for the euro. Bewildered by Donald Trump’s economic policies, both private investors and governments may be motivated to keep their reserves in euros. However, the Eurozone would still need, said Lagarde, a “solid and credible geopolitical foundation” for this enhanced role – a foundation cemented with strong military capabilities. She went on to say that the European Union would finally have to create the long-promised single capital market and gain greater effectiveness by widening the scope of majority decision-making. Parallel to Lagarde’s ambitious plans for Europe’s economy, EU Commission President Ursula von der Leyen is advocating “European independence” from the United States as the next “major European project”. This, again, would mean “a leading role in the global economy of tomorrow”.

The weakening dollar

The current weakness of the US dollar has been the subject of intense debate since the world’s reserve currency began its sharp descent back in March. While 1.02 dollars were enough to buy one euro at the beginning of February, it now takes almost 1.14 dollars.  …

Opportunities for the euro

The dollar’s weakness and its consequences were addressed last Monday by Christine Lagarde, President of the European Central Bank (ECB), in a speech at the Hertie School in Berlin. Lagarde placed currency problems in the broader context of current global political and economic developments. “Multilateral cooperation is being replaced by zero-sum thinking and bilateral power games,” Lagarde observed, so open markets were giving way to national protectionism. This posed major risks for the entire European Union, she said, since “our economy is deeply integrated into the global trading system, with exports accounting for close to one fifth of our value added” and supporting 30 million jobs.”[2] On the other hand, this trend also offered unexpected opportunities for the euro, she argued. There was currently “uncertainty” about “the dominant role of the US dollar,” explained the ECB President, which “could open the door for the euro to play a greater international role.” At present, only 20 per cent of all currency reserves worldwide are held in euros, compared with 58 per cent in US dollars. But a prolonged period of dollar weakness could, start shifting the balance significantly in favour of the European single currency.

Stronger foundations

In her speech, Lagarde pointed out that “increasing the international role of the euro can have positive implications for the euro area” by making it possible for governments and businesses to “borrow at lower cost, helping boost internal demand at a time when external demand is becoming less certain.”[3] In addition, a larger volume of trade could be conducted in euros, which would give the EU greater independence. All of this would also provide greater protection “from sanctions and other coercive measures,” a clear reference to new ways of warding off US attacks in the current context of a global economic war. Lagarde stressed that this would only happen if the euro was made more attractive to investors and governments by working on its fundamentals. A “solid and credible geopolitical foundation” and “a steadfast commitment to open trade” were indispensable, she said. https://www.german-foreign-policy.com/en/news/detail/9995

I reported about some of the above previously (see European Central Banks states that the Euro could dethrone the US dollar if Europe develops a stronger military).

The fact is that the Europeans have long wanted the euro to push the US dollar’s reserve currency status aside. That was part of the reason to develop the Euro in the first place. Now, with ReArm Europe, they are also taking military spending steps:

3 June 2025

Denmark has quit the so-called Frugal Four to embrace instead a “more flexible” attitude towards the European Union’s seven-year budget, the country’s prime minister, Mette Frederiksen, has said, insisting the imperative goal of rearming the bloc against Russia should take precedence over “all other priorities”. …

“For me, the most important thing is to rearm Europe. That’s my starting point, and that’s my conclusion in all discussions. Because if Europe is not able to protect ourselves and to defend ourselves, then it’s game over at some point,” she went on.

“So rearming Europe is for me number one.” https://www.euronews.com/my-europe/2025/06/03/denmark-quits-the-frugal-four-to-focus-on-rearming-europe-says-pm-frederiksen

Notice some items in my 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 Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?:

Donald Trump’s foreign policy statements have unsettled many—in the USA as well as foreign nations. …

The Bible teaches about a great power who will be destroyed by its friends, who become enemies (Lamentations 1:1-2)—some statements by Donald Trump are pushing “friends” (NATO allies) into being enemies. …

The Bible is clear that there will be problems in Europe (Daniel 11:41-43), yet it also shows that Europe will undergo several reorganizations (Revelation chapters 16-18), and the two reorganizations in Revelation 17:12-13 specifically will not turn out well for the USA (cf. Daniel 11:39) or the Arab world (cf. Daniel 11:40-43). …

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:

14:50

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.

Statements and policies by the Trump Administration have strained relations between the USA and Europe.

Related to that, we put out the following video:

14:48

Should Europe Still Consider Itself a US Ally?

The United States has paused aid to Ukraine. Europe is nervous and wonders about the United States’ commitment to European security is unclear. Some leaders in Europe “agree they must strengthen their defense capabilities”. Europe is dedicating huge amounts of money to weapons. And Europe’s military technology is advancing. Revelation 13 tell us of a militaristic “beast with a mortal head wound” – this is Europe. The Bible asks –“who can make war with the beast?” Is WWIII on the horizon? What nation is Lamentations 1:1-2 referring to who will be betrayed by her “friends”–and who are her “friends” that become her “enemies”? Dr. Thiel helps shine the light of Biblical prophecy on the answers to these questions. Answers from the verses of the Bible that bring prophecy to life.

Here is a link to our video: Should Europe Still Consider Itself a US Ally?

And while some think that European attitudes 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 been 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 BibleEurope In ProphecyThe 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



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