‘West is hastening its own decline,’The FALL of the WEST,’ and Rich Dad, Poor Dad author says ‘the crash has begun’


BRICS nation flags (Pixabay)

COGwriter

There is a warning out of Japan about what the West is doing to itself:

The West is hastening its own decline

The strategic overreach of the U.S. and its allies is providing a windfall for their real rival, China

May 7, 2024

Since Russia launched its full-scale invasion of Ukraine more than two years ago, the West has desperately sought ways to punish Russia without harming itself in the process. It has mostly failed.

So far, not even unprecedented sanctions have derailed Russia’s economy, let alone compelled the Kremlin to change its behavior. Instead, Russia has pivoted to a war economy: It now produces nearly three times as many munitions as NATO, including more missiles than it was producing before the war began.

Much of the West, by contrast, is facing economic stagnation, owing not least to the switch away from cheap Russian energy to costlier supplies from elsewhere. …

European growth is not the only casualty of Western sanctions against Russia. The U.S. dollar — which was already facing “stealth erosion” before the Ukraine war — appears to have lost some of its global influence, even in oil markets, as countries pursue alternatives to the greenback in response to the West’s decision to weaponize finance. Meanwhile, rising gold purchases by central banks in China, Turkey, India, Kazakhstan and Eastern Europe, coupled with greater geopolitical uncertainty, have helped drive prices to a record high. …

Not only do Western sanctions fail to change the behavior of the government being targeted, whether Russia, Iran, Myanmar or Syria; they also almost invariably advance China’s commercial and strategic interests. In fact, no country is profiting more from Russia’s invasion of Ukraine — and the West’s response to it — than China. https://www.japantimes.co.jp/commentary/2024/05/07/world/west-hastening-its-decline/

As long time readers of this COGwriter Church of God News page are aware, I have long warned that there are consequences for sanctions.

Here is a video we made in 2018,  about four years before Russia began its special military operation” into Ukraine:

15:19

US Sanctions and Tariffs leading to New World Order?

Russian Prime Minister Dmitry Medvedev said new US sanctions would be a declaration of economic war. Iran, North Korea, China, Europe, and Turkey are also upset about USA sanctions and tariffs. A Turk asserted “Somebody must find a solution and stop the USA.” The BRICS nations see US sanctions and tariffs as helpful to their objectives to trade without the USA. Are “unintended consequences” of USA policies threatening the current Anglo-American world order and leading to a New World Order? What has ‘Lord’ Jacob Rothschild and Russian President Vladimir Putin stated? Does Bible prophecy show that a confederation of Turks, Arabs, and Europeans pose a real threat to the USA and UK? Is the final time of the Gentiles coming? Will it be worse than people imagine? Dr. Thiel addresses these issues and more.

Here is a link to our video: US Sanctions and Tariffs leading to New World Order?

Sanctions failed to stop Russia’s moves into Ukraine, and have other consequences. We also put out the following in 2024:

14:51

Russia, Sanctions, Transnistria, Europe & Prophecy

In 2014 the USA and European Union put sanctions on Russia because of its acquisition of Crimea. Since Russia’s ‘Special Military Operation’ into Ukraine, more sanctions were added. On February 23, 2024, the EU and USA announced more sanctions. Did the sanctions turn the “ruble into rubble” as Joe Biden hoped? Did Russia acquire more territory as Dr. Thiel warned in 2013, 2018, and 2022 prior to the current conflict? Was he right about sanctions? Will Russia and Europe acquire more territory? Will they one day trade more with each other? Will they one day turn against each other? What about Ukraine, Moldova, Belarus, Georgia, and Armenia? Are the Russian-led ‘kings of the Medes’ prophesied to destroy the coming Babylonian European Beast power? Does Europe, starting with Benelux to the European Economic Community to the European Union look to be fulfilling Daniel 8:9? Steve Dupuie and Dr. Thiel address these issues.

Here is a link to our video: Russia, Sanctions, Transnistria, Europe & Prophecy.

As far as a new world order goes, notice the following:

The FALL of the WEST and why the world’s economic future belongs to China, Russia, India and Iran

… as the collapse of the West accelerates, and the rise of Russia, China, Iran, India and BRICS nations emerges. …

The dollar will die, Western Europe will suffer economic and industrial collapse (it has already begun), and any nations foolish enough to cling to the dying corpse of the US Empire (Taiwan, Israel, Australia, Japan, etc.) will suffer devastating losses in economic, industrial, military, cultural and geopolitical power. …

As a realist, one cannot deny the accelerating decline of the West and the successes achieved by countries like China, Russia, Iran, and India. These nations are predominantly part of the BRICS grouping, which is no coincidence. …

The fraud of the West’s “rules based order”

The rules don’t apply to us; they only apply to others, which is how the US continues to operate. It’s no secret that countries like China and Russia are laughing at our expense. Even Iran finds amusement in America’s antics, particularly when we present figures such as a Space Force Admiral who seems more focused on LGBT moral lectures than actual military strategies. …

Sadly, it seems that the entire West has become obsolete. As an American, this moment fills me with sadness. I love the ideals upon which our nation was founded, and I don’t want to see it fall. https://www.naturalnews.com/2024-05-05-the-fall-of-the-west-china-russia-india-iran.html

Yes, in many ways the West, and in particular the USA, is fraudulent and hypocritical. And yes, the USA is in decline. Yes, it is sad that the USA no longer respects freedom of speech, privacy, freedom of religion, and other rights enshrined in its constitution.

However, as far as the world’s economic future, the Bible shows that for a time, this will be a power in Europe. Despite Europe’s issues, it will reorganize (Revelation 17:12-13), become a major military power (Revelation 13:3-4; Daniel 11:39-43), and dominate the world economically before it falls (cf. Revelation 18).

That said, notice something related to Robert Kiyosaki, the author Rich Dad, Poor Dad:

May 5, 2024

With the BRICS alliance further pursuing its de-dollarization efforts, a major crash for the US economy has begun, according to one expert. Indeed, Robert Kiyosaki, the author of the widely acclaimed book Rich Dad, Poor Dad, took to X (formerly Twitter) to share his perspective on the state of the economy.

Kiyosaki told his followers that “the crash has begun,” while further stating that “it will be a bad one.” …

Specifically, he urges his followers to not invest in money, noting that currencies will only go down in value. Alternatively, he urged them to purchase assets like gold, bitcoin, and other assets that go “up in value, especially in a market crash.” https://watcher.guru/news/brics-major-crash-for-us-economy-has-begun-expert-says

Let me add that one of the reasons for the formation of the BRICS alliance is the elimination of the USA dollar as the world’s trading and reserve currency. Consider the following from last December:

BRICS: 130 Nations Move Toward CBDC, US Dollar at Risk

December 26, 2023

Amid the greater de-dollarization plan for the BRICS bloc, and overall digitization of finance, 130 nations are all moving toward a Central Bank Digital Currency (CBDC) which could leave the US dollar at risk. Subseuqnlety, the BRICS currency, which is likely to be announced in the coming year, could only add to the international pressure facing the greenback.

Reports from the summer confirmed the plethora of nations that are in “advanced phases” of CBDC development. … So, what does that mean for the United States dollar? …

Specifically, research shows that amid BRICS action, 130 nations are moving toward a CBDC, putting the US dollar at risk. …

Additionally, a recent OMFIF survey shows that 41% of Central Banks are expecting a fully operation CBDC in four years. That could fast-track the overall prevalence of these digital currencies on a global scale. Therefore, countries around the world could opt for greater local currency use, moving away from the US dollar to an even greater degree. https://watcher.guru/news/brics-130-nations-move-toward-cbdc-us-dollar-at-risk

As long time readers of this COGwriter Church of God News page are aware, I have long warned about costs of sanctions (e.g. watch US Sanctions and Tariffs leading to New World Order?) and the weaponization of the US dollar (e.g. see Turning its dollar into a weapon will help destroy the USA).

That said, European leaders are getting closer to making the euro digital. Because the BRICS nations are talking about their own currency, Germany looks like it is pushing even harder for a digital euro:

Germany’s bold move to crush BRICS dominance – Will the Digital Euro work?

November 20, 2023

Germany has embarked on a bold initiative aimed at challenging the established dominance of BRICS (Brazil, Russia, India, China, and South Africa) currency in the global economic landscape. The focal point of this audacious move is the introduction of the Digital Euro, a groundbreaking digital currency set to revolutionize the financial sector.  …

The BRICS alliance intends to introduce a new currency to the global currency market in order to compete with the U.S. dollar and the euro. A former advisor to the Russian president, Sergey Glazyev, verified early this month that the BRICS currency is “almost ready” for introduction.

According to reports, the alliance could launch the currency at its sixteenth summit in 2024. This development aligns with Germany’s strategic intention to challenge rival currencies in the market by developing a digital Euro.

Legislators throughout Europe, not just in Germany, are attempting to establish national digital currencies in order to adapt to the shifting financial landscape. While over 150 countries are currently developing CBDCs, only a few have launched pilots as of this year. …

Although a small number of EU member states support the CBDC, the rest have expressed interest in the notion that a digital currency is unnecessary.

Reports have it that failure by the United States, Germany, and the European Union to counter the BRICS currency after its introduction could prove disastrous for the West. https://www.cryptopolitan.com/germanys-bold-move-to-crush-brics-dominance/

Germany wants to dominate Europe and it does not want the BRICS nations to rise up past Europe.

Germany wants a CBDC because it will tend to broaden the appeal and use of the euro outside of the Eurozone, and hence be a more used alternative to the USA dollar.

Biblically, a CBDC appears to be a step towards ‘666’ control.

While the end will not come in 2024, the European Union is moving towards more ability to monitor electronic communications as well as to control buying and selling.

Notice also:

14:22

World Economic Forum, CBDCs, and 666

Are there concerns about CBDCs (Central Bank Digitial Currencies)? The Summer meeting of the World Economic Forum (WEF) was held from June 27-29, 2023 in China. Did WEF speaker and Cornell University professor Eswar Prasad warn of CBDCs could “take us to a pretty dark place’? What did the European Commission say about the future of a digital euro and various protections the same week? Is the tweeted statement, “No one will be able to control how you use your euros” false in the long run according to biblical prophecies, such as Revelation 13:16-18? Is there a real ability to program a CBDC with an expiration date as well as restricting what it could be used to purchase? Has monitoring of purchase transactions been proposed by various European leaders? Does the EU already have a potential enforcement arm of ‘666’? Has the European Central Bank said that cash was “not fit for the digital economy’? Are we moving more towards a cashless world? Are things really changing towards that? Steve Dupuie and Dr. Thiel discuss these and other matters.

Here is a link to our  video: World Economic Forum, CBDCs, and 666.

That said, do those in BRICS really want to push aside the USA dollar?

Yes.

Related to that, we recently put together the following video:

14:31

BRICS Push Aside USA Dollar

The BRICS nations (Brazil, Russia, India, China, and South Africa) have as one of their founding goals, to eliminate the need to use USA dollars in cross-border trade. Six additional nations have been invited to join BRICS in 2024, and India reports that six more are also being looked at. The BRICS nations have already began to drop the USA dollar for some cross-border trading with Russia and China indicating that they had almost done so completely in late 2023. What will happen to the economy and value of the USA dollar if more and more nations stop using it as a primary reserve and trading currency? What about hyperinflation? Does the Bible prophesy destruction for a highly indented nation in the end time? Is the USA the most indebted nation of all time? What about the intent and use of the Euro? Will Europe and Asia cooperate to eliminate the USA and its British-descended allies?

Here is a link to our video: BRICS Push Aside USA Dollar.

A lot is happening.

The USA dollar will no longer remain “king.” This will greatly impact the economy of the USA. Most do not realize how much of the USA economy has been subsidized by foreigners and debt.

The ultimate crash, by the way, will be much, much, worse than Robert Kiyosaki has suggested.

As Jesus said: “And what I say to you, I say to all: Watch!” (Mark 13:37).

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.
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?

 



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