‘China and Russia Want to Replace US Dollar With BRICS Currencies,’ Argentina wants to join BRICS, and ‘Why the U.S. dollar will be replaced as the dominant global currency — sooner than you think’
So, why is China’s influence growing in spite of being charged with being the originator of COVID-19 and Russia is still vibrant months after western powers sought to economically cancel it? There’s a new world order developing … #BRICS https://t.co/qaYRyL49wN
— tony el (@3_i_opened) July 12, 2022
Europe’s euro is struggling and the US dollar has strengthened against it.
Europe will have a lot more inflation if that situation does not change.
But what about the USA dollar?
While it remains the world’s primary reserve currency, actions by its government, including sanctions, are getting much of the rest of the world to take notice–particularly Russia and China which have objected to various USA sanctions.
Notice a report from the Epoch Times:
China and Russia Want to Replace US Dollar With BRICS Currencies
The BRICS—an acronym for Brazil, Russia, India, China, and South Africa—held a summit on June 23. The meeting, chaired by Chinese leader Xi Jinping, was part of a lengthy series of BRICS cooperation events, which began on June 6 with the second finance ministers and central bank governors meeting and ended with the second meeting of the committee of senior energy officials on June 28.
In his opening remarks, Xi stated, “We should also expand BRICS cooperation on cross-border payment and credit rating to facilitate trade, investment, and financing among our countries.”
He went on to reaffirm the Chinese Communist Party’s (CCP) commitment to working together with the BRICS nations to achieve the CCP dream of the Global Development Initiative (GDI). …
Both Xi and Russian President Vladimir Putin called for payment alternatives to decrease the U.S. dollar’s dominance in international trade and to reduce U.S. control of the SWIFT system.
According to the Chinese state-run tabloid Global Times, bankers and economists in BRICS countries have recommended that the bloc “expand national currency settlements and lending to counter the US’ weaponization of the dollar.” …
They resent the dominance of the U.S. dollar as a reserve currency. They do not want the dollar to be the currency of international settlement. And they are threatened by the necessity to transact international payments through the U.S. SWIFT system, which depends on U.S. banks.
The reason why countries use the U.S. dollar in the international settlement is because commodities such as oil are priced in dollars, and because the dollar is a stable currency that is readily convertible everywhere in the world. None of the BRICS currencies are considered fully convertible. …
An alternative recommendation by Putin and bankers in Russia would be to use a basket of currencies. This idea is modeled on the IMF’s SDR, which is composed of a basket of international currencies, including the U.S. dollar, euro, yuan, Japanese yen, and British pound. SDR can be transferred or held in reserve. https://www.theepochtimes.com/china-and-russia-want-to-replace-us-dollar-with-brics-currencies_4585640.html?utm_source=partner&utm_campaign=ZeroHedge
Argentina would like to join BRICS:
Argentina’s government said on Thursday it had received China’s formal support for the country’s bid to join the BRICS group comprising Brazil, Russia, India, China and South Africa, a bloc seen as a powerful emerging-market alternative to the West. https://www.reuters.com/world/americas/argentina-says-has-chinas-support-join-brics-group-2022-07-07/
Notice something Newsweek reported:
July 1, 2022
Iran, already an SCO observer, began its formal membership ascension process amid the latest leaders’ summit in September. On Monday, the Iranian Foreign Ministry announced the Islamic Republic would also seek to join BRICS.
Across the Persian Gulf, Saudi Arabia has also reportedly considered applying for BRICS membership, as revealed by Russian Foreign Minister Sergey Lavrov during his visit to the kingdom in late May. The announcement followed Saudi Arabia joining Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, Senegal, Thailand and the United Arab Emirates at China’s invitation for a “BRICS+” discussion, after which Chinese Foreign Ministry spokesperson Wang Wenbin announced members had “reached consensus on the BRICS expansion process.” https://www.newsweek.com/nato-grows-china-russia-seek-bring-iran-saudi-arabia-fold-1720780 https://www.newsweek.com/nato-grows-china-russia-seek-bring-iran-saudi-arabia-fold-1720780
More and more nations are trying to bypass the USA. If Saudi Arabia joins, it will help mark the beginning of the end of what has been known as the “petrodollar” (the implicit backing of the USA dollar by oil).
As reported here before, a major reason that the BRICS group of nations was formed was to push aside US dominance in financial and other matters. This was publicly confirmed by former Brazilian President Lula back in 2019:
BRICS was created as a tool of attack: Lula
In a wide-ranging, two-hour-plus, exclusive interview from a prison room in Curitiba in southern Brazil, former Brazilian president Luis Inacio Lula da Silva re-emerged for the first time, after more than 500 days in jail, and sent a clear message to the world. …
My first question to Lula was about BRICS and the current geopolitical chessboard, with the US facing a Russia-China strategic partnership. As president, from 2003 to 2010, Lula was instrumental in formatting and expanding the influence of BRICS … He emphasized: “BRICS was not created to be an instrument of defense, but to be an instrument of attack. So we could create our own currency to become independent from the US dollar in our trade relations; to create a development bank, which we did – but it is still too timid – to create something strong capable of helping the development of the poorest parts of the world.”
Lula made an explicit reference to the United States’ fears about a new currency: “This was the logic behind BRICS, to do something different and not copy anybody. The US was very much afraid when I discussed a new currency and Obama called me, telling me, ‘Are you trying to create a new currency, a new euro?’ I said, ‘No, I’m just trying to get rid of the US dollar. I’m just trying not to be dependent.’” 08/28/19 https://www.asiatimes.com/2019/08/article/brics-was-created-as-a-tool-of-attack-lula/
Note: Former President Lula seems to have been referring to the start of the BRIC group, which later became BRICS.
Though most pundits do not seem to believe that the USA dollar can be pushed aside as the world’s primary reserve currency, others disagree. Here is one such disagreer from Canada:
Why the U.S. dollar will be replaced as the dominant global currency — sooner than you think
Not long after the first gunfire erupted at the onset of Russia’s invasion of Ukraine, Russia fired another multi-pronged shot, straight across NATO’s financial bow.
First, and as a reaction to the crippling sanctions and its exclusion from the global SWIFT money transfer system imposed by the West, it moved quickly to protect the ruble by raising interest rates to 20 per cent (subsequently lowered to 11 per cent) and imposing capital controls. Then it demanded that all “non-friendlies” (the West) could only use rubles or gold to buy its much-coveted oil. Russia, which has spent the better part of the last decade getting rid of its U.S. dollars and increasing its gold reserves, also offered to buy gold at the rate of 5,000 rubles per gram. Russian President Vladimir Putin is advocating that BRICS economies look into creating an international reserve currency using the basket of their own currencies. Finally, he started making noises about creating a gold-backed ruble. Why is there any significance to these moves?
The writing is on the wall that some form of change is imminent, and a global monetary system reset may already be underway. According to Credit Suisse, this new economic order will revolve around commodity-based currencies. These commodity-based currencies will further weaken the Eurodollar system, which will be much weaker after the war between Russia and Ukraine ends.
How all these things evolve, and their timing, are beyond anyone’s forecasting abilities, but something will eventually replace the U.S. dollar as the sole dominant global reserve currency, perhaps sooner than anyone expects.
I expect, at the very least, an “alternative trading” currency to emerge and compete with the dollar. https://www.thestar.com/business/opinion/2022/07/05/a-giant-shakeup-looms-for-the-world-financial-order-and-the-us-might-be-the-big-loser.html
Yet the BRICS nations, as have the Europeans and some others, have been taking steps they hope will one day push aside the US dollar.
This could happen within the next several years–U.S.A. itself, could be gone by 2028?.
The dollar is still king. But it is a king over a kingdom looking to rebel.
US-led sanctions against Russia are harming the USA dollar. Weaponizing the dollar against North Korea, Iran, China, Venezuela, and others has a cost.
Yes, to use an American expression, the USA “has been shooting its own foot.”
We are currently in the time of Anglo-American dominance–peoples that were prophesied to take on Jacob’s name in Genesis 48. We have been in that time since around the start of the 19th century.
Yet, now we are getting closer to the final Time of the Gentiles.
Notice the following prophecies from the Old and New Testaments:
23 ‘Make a chain,
For the land is filled with crimes of blood,
And the city is full of violence.
24 Therefore I will bring the worst of the Gentiles,
And they will possess their houses;
I will cause the pomp of the strong to cease,
And their holy places shall be defiled.
25 Destruction comes;
They will seek peace, but there shall be none. (Ezekiel 7:23-25)23 But woe to those who are pregnant and to those who are nursing babies in those days! For there will be great distress in the land and wrath upon this people. 24 And they will fall by the edge of the sword, and be led away captive into all nations. And Jerusalem will be trampled by Gentiles until the times of the Gentiles are fulfilled. (Luke 21:23-24)
2 But leave out the court which is outside the temple, and do not measure it, for it has been given to the Gentiles. And they will tread the holy city underfoot for forty-two months. (Revelation 11:2)
This will happen during a period that “it is the time of Jacob’s trouble” (Jeremiah 30:7) and that the “Gentiles” are dominating. This means those that are descended from Israel or have the name of Jacob (cf. Genesis 48:14-16) will be mainly the ones who are trampled on. One of the peoples that God says He will use to punish the descendants of Israel, Assyria (Isaiah 10:5-11), are a Gentile people–they will normally lead during the time of the Gentiles. This will be a terrible time.
For the final time of the Gentiles to arise, the Gentiles will need to cooperate together against the USA and its Anglo-Saxon descended allies. The BRICS, EAEU, EU, and the China’s Belt and Road Initiative are all intended to do that and are all taking steps which align with properly understood biblical prophecies.
Yet, most in the USA, Canada, UK, Australia, and New Zealand do not understand what is now happening on the world scene and how they will be affected.
There is a cost to US trade policy, sanctions, and international bullying.
The Biden-Harris Administration, which does not value biblical prophecies, seems unable to see where its actions are leading.
The world will be transformed into a Gentile image. An image that those in the Anglo-American nations will dread!
Policies by the USA and other Anglo-Saxon-Celtic descended nations are accelerating this trend.
We are getting closer to the final time of the Gentiles.
Some items of possibly related interest may include:
The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.
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.
Russia and Ukraine: Their Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end? There is also a video sermon available: Russia in the Bible and in Prophecy as are two video sermonettes Russia, Ukraine, Babylonian Europe, and Prophecy and Ukraine in Prophecy?
Is Russia the King of the North? Some claim it is. But what does the Bible teach? Here is a link to a video, also titled Is Russia the King of the North?
Ezekiel 38: For Russia & Iran in Our Day? Is Ezekiel 38 about to be fulfilled? Are we close to the battle with Gog and Magog? Four related videos are available: Ezekiel 38 Gog and Magog War: Is it Soon?, Ezekiel 38: For Russia, Ukraine, & Iran Now?, Russia, Iran, Syria, & the Bible (Code), and Gog, Magog, Vladimir Putin, and Ezekiel 38?
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 a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Can You Prove that the Beast to Come is European? The Book of Revelation tells of a beast power that will rise up. Some think that this must be Russia or could be Islamic, while others say that this power is European. The Book of Daniel tells of the rise of an end time King of the North that some think must be referring to a Russian leader, while others say that this power is European. How can you be sure? This YouTube video has all the scriptural proofs that you should need to prove that this power must be a European one.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
The Great Monarch: Biblical and Greco-Roman Catholic Prophecies Is the ‘Great Monarch’ of Greco-Roman Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ? and Great Monarch in 50+ Beast Prophecies.
The Eurasian Union, the Kings of the East, and Bible Prophecy Is there a Eurasian union that will be formed? Is one being formed right now? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? If some type of Eurasian union is formed, who might it benefit and who will it destroy? A related video would be Is The Eurasian Union Rising?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2029 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
Might the U.S.A. Be Gone by 2028? Could the USA be gone by the end of 2028 or earlier? There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
When Will the Great Tribulation Begin? 2022, 2023, or 2024? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
The King’s Pedigree This is an article published by the Otago Witness in 1902 related to connections of the British Throne to the throne of King David of Israel.
THE QUEEN’S ROYAL DESCENT FROM KING DAVID THE PSALMIST This is a listing from Adam to the Kings of Judah through Queen Victoria put together in the 19th century.
Canada in Prophecy: What Does Bible Prophecy,Roman Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future. A sermon of related interest is also available: Canada in Prophecy.
Australia and New Zealand in Prophecy Do biblical prophecies help explain the wealth blessings for Australia and New Zealand? Might cursings from disobedience come in the 21st century? Here is a link to a related sermon: Australia and New Zealand: Origins and Prophecy.
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