{"id":88623,"date":"2024-06-17T14:00:59","date_gmt":"2024-06-17T22:00:59","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=88623"},"modified":"2024-06-19T04:45:04","modified_gmt":"2024-06-19T12:45:04","slug":"saudi-arabia-ends-80-year-petrodollar-deal-with-us","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/saudi-arabia-ends-80-year-petrodollar-deal-with-us\/","title":{"rendered":"The End Of The Petrodollar Is The End Of America\u2019s Global Dominance? Saudi Arabia Ends Petrodollar Deal With US? US Dollar is ‘Toxic’?"},"content":{"rendered":"

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<\/em><\/p>\n

COGwriter<\/a><\/p>\n

The US dollar has been in the process of losing important part of its international backing:<\/p>\n

\n

The End Of The Petrodollar Is The End Of America\u2019s Global Dominance<\/h2>\n

June 17, 2024<\/p>\n

The petrodollar agreement with Saudi Arabia began in 1974, two years into Joe Biden\u2019s first term as a United States senator. It ended<\/a>\u00a0this week, a half-century later, during Biden\u2019s first term as U.S. president.<\/p>\n

Among all the news stories that matter, few rank higher than this. …<\/p>\n

The end of the petrodollar is the end of the United States as the world\u2019s lone superpower.<\/p>\n

Yet it is barely mentioned.<\/p>\n

Until last week, the petrodollar was America\u2019s dominance of the global economy. It solidified the oil industry as a thoroughly American industry in which other nations merely partook. …<\/p>\n

Although the number has declined in the past 20 years, still more than half of the world\u2019s\u00a0reserve currency<\/a>\u00a0is in U.S. dollars. The petrodollar has been a stabilizing currency for the world since the entire world needs oil. Every nation has had to convert its currency to the U.S. dollar, making it the de facto global currency.<\/p>\n

Thanks to Joe Biden, it\u2019s all gone.<\/p>\n

Our national debt stands at $35 trillion, $9 trillion of which was added in the past three years. Inflation is cumulatively\u00a019 percent higher<\/a> than when Biden took office. The entire Biden administration has made punishing the oil industry a priority. If America, the world\u2019s largest oil producer is actively trying to end the oil industry, then why would other oil-producing nations use our dollars?<\/p>\n

It is logical Saudi Arabia, the world\u2019s\u00a0second-largest<\/a>\u00a0oil producer, looks at the American dollar with increasing doubt. It is obvious Saudi Arabia looks at the American president with increasing disdain. While campaigning in 2020, Biden called Saudi Crown Prince Bin Salman \u201ca pariah<\/a>\u201d and demanded accountability for the death of journalist Jamal Khashoggi in 2018. Two years later, with oil pushing $120 a barrel and U.S. inflation at 9 percent, Biden went groveling to Saudi Arabia, fist-bumping an unsmiling Prince Bin Salman, asking the kingdom to increase oil production. He refused.<\/p>\n

Saudi Arabia has every intention of surpassing the United States in the global oil market and has the reserves and the domestic policy to do so. The kingdom will now trade its oil in its own currency. India and China, two of the world\u2019s\u00a0largest oil<\/a> importers, will now convert their domestic currency into Saudi riyals, leaving America out of the transaction. https:\/\/thefederalist.com\/2024\/06\/17\/the-end-of-the-petrodollar-is-the-end-of-americas-global-dominance\/<\/a><\/p>\n

Saudi Arabia Ends … Petrodollar Deal With US<\/h2>\n

June 15, 2024<\/p><\/blockquote>\n

According to media sources, Saudi Arabia has chosen not to extend its … petrodollar agreement with the United States, … this pact had been a major contributor to US economic dominance worldwide.<\/p>\n

The Birth of the Petrodollar<\/span><\/h3>\n

President Richard Nixon of the United States removed the US dollar\u2019s gold peg on August 15, 1971, thus ending the twenty-five-year-old Bretton Woods monetary arrangement. The US now has roughly 8,000 tons of gold reserves as a result of this action, which was initially characterized as temporary and intended to boost the US economy. This decision, made unilaterally, startled the European people. With the freedom to generate money without worrying about losing gold, the US increased its monetary domination rather than giving up the \u201cexorbitant privilege\u201d of the dollar and switching to a neutral reserve asset. …<\/p>\n

Then, in the middle of the first oil crisis that had a serious impact on the US, newly appointed US Treasury Secretary William Simon took a plane to Saudi Arabia in July 1974. Simon, a former energy expert for Nixon and head of Treasury trading at Salomon Brothers, was an expert in oil and bond markets.<\/p>\n

A crucial agreement was reached during negotiations in Saudi Arabia: Saudi Arabia agreed to recycle its petrodollars into US Treasuries in exchange for political and military backing. The petrodollar system was created as a result. From then on, \u201cblack gold\u201d\u2014oil\u2014replaced gold as the foundation for the US currency. As a result, to pay for their energy expenses, all nations were forced to keep sizeable reserves of US dollars, solidifying the dollar\u2019s position as the global reserve currency.<\/p>\n

Modern-Day Implications<\/span><\/h3>\n

The agreement established joint commissions for Saudi Arabia\u2019s military requirements and commercial cooperation. At the time, US officials thought it would push Saudi Arabia to increase its oil output and forge closer economic relations with the Arab world.<\/p>\n

Saudi Arabia can now sell oil and other goods using currencies other than US dollars, like the Chinese RMB, Euros, Yen, and Yuan, because it decided not to prolong this arrangement. …<\/p>\n

With this change, the US has made a major departure from the petrodollar system that it established in 1972 when it ceased directly connecting its currency to gold.<\/p>\n

It is anticipated to hasten the global trend of conducting international trade in currencies other than the US dollar. https:\/\/greatgameindia.com\/saudi-arabia-ends-80-year-petrodollar-deal-with-us\/<\/a><\/p><\/blockquote>\n

Before going further, it should be noted:<\/p>\n

June 17, 2024<\/p>\n

… several reports suggested the termination of a US-Saudi petrodollar agreement, and speculated a Saudi Arabian move to sell oil on world markets in various currencies, including the Chinese yuan.<\/p>\n

The accounts were rife with inaccuracies<\/strong>:\u00a0the Saudis\u2019 have transacted in non-dollar currencies for decades, and there has never been a formal treaty, much less with a specified expiration date, governing the loose arrangement that has come to be called the \u2018petrodollar system<\/a>.\u2019<\/em><\/p>\n

But even the fragments of broken mirrors reflect reality, and despite their fundamental errors a significant trend is in evidence:\u00a0Saudi Arabia is progressively\u00a0reducing its dependence on the United States<\/a>.<\/strong><\/em>\u00a0Quite possibly reflective of its\u00a0recent admittance to the expanded BRICS block<\/a>\u00a0it is exhibiting a greater inclination to settle oil transactions in\u00a0currencies other than the US dollar<\/a>. Owing to the US and Western Europe\u2019s increasingly entangled alliances, and its own efforts to\u00a0diversify away from<\/a>\u00a0dependence upon energy exports<\/a>, Saudi Arabia has been increasing its diplomatic and economic engagements with China, Iran, Russia, nations considered primary US foreign policy adversaries.\u00a0Recent moves<\/a>\u00a0toward accepting non-dollar currencies reflects broader geopolitical shifts away from US currency hegemony.<\/p>\n

The concept of the petrodollar, established in the 1970s, was an informal arrangement where Saudi Arabia agreed to sell oil exclusively in US dollars in exchange for US military protection and investment in US Treasury securities.<\/p>\n

https:\/\/www.zerohedge.com\/geopolitical\/sense-and-nonsense-petrodollars<\/a><\/p><\/blockquote>\n

While the arrangement may not have been totally official, it has existed for decades.<\/p>\n

What is the petrodollar?<\/p>\n

Essentially, it is the fact that although the US dollar is no longer backed by gold, since most oil is priced in US dollars, that gives the US dollar a backing through a needed commodity. This insures that, internationally, the US dollar will have value. So it is sometimes called a petrodollar.<\/p>\n

Here is more about that:<\/p>\n

After the collapse of the Bretton Woods gold standard in the early 1970s, the U.S. struck a deal with Saudi Arabia to standardize oil prices in dollar terms. Through this deal, the petrodollar system was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.<\/p>\n

The petrodollar system elevated the U.S. dollar to the world’s reserve currency and through this status, the U.S. is able to enjoy persistent trade deficits, and become a global economic hegemony. The petrodollar system also provides the United States\u2019 financial markets with a source of liquidity and foreign capital inflows through petrodollar “recycling.” However, before the effects of the petrodollars on the U.S. dollar can be examined, a brief history lesson is in order. …<\/p>\n

Since the most sought after commodity in the world–oil–is priced in U.S. dollars, the petrodollar helped elevated the greenback as the world’s dominant currency. In fact, according to the Bank for International Settlements (BIS) triennial survey, 87 percent of all foreign exchanges deals initiated in April 2013, involved the USD on one side. With this status, the U.S. dollar was able to enjoy, what some have asserted to be an “exorbitant privilege” of perpetually financing its current account deficit by issuing dollar denominated assets at very low rates of interest, as well as, becoming a global economic hegemony.<\/p>\n

For instance, countries like China, who hold vast quantities of U.S. debt have voiced their concerns in the past about the possible dilutive effects to their asset holdings should the dollar depreciate. However, the privileges associated with being able to run persistent current account deficits come at a price. As the reserve currency, the U.S. is obligated to run these deficits to fulfill reserve requirements in an ever in an ever-expanding global economy. If the United States were to stop running these deficits, the resulting shortage of liquidity can pull the world into an economic contraction. However, if the persistent deficits continued ad infinitum, eventually foreign countries will begin to doubt the valuation of the dollar and the greenback may lose its role as the reserve currency; this is known as the Triffin Dilemma. http:\/\/www.investopedia.com\/articles\/forex\/072915\/how-petrodollars-affect-us-dollar.asp#ixzz4iqqtZ9CU<\/a> accessed 06\/02\/17<\/p><\/blockquote>\n

If enough oil producing nations stop pricing oil in US dollars, the theory is that the US dollar will drop, or even collapse.<\/p>\n

Notice also:<\/p>\n

June 13, 2024<\/p>\n

The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia has been allowed to expire, according to multiple news reports.<\/p>\n

The so-called petrodollar refers to the U.S. dollar\u2019s role as the currency used for crude oil transactions on the world market. This arrangement has its roots in the 1970s when the United States and Saudi Arabia struck a deal shortly after the U.S. went off the gold standard that would go on to have far-reaching consequences for the global economy.<\/p>\n

Writes Paul Hoffman for MSN.com<\/a><\/strong>:<\/p>\n

\u201cIn the history of global finance, few agreements have wielded as many benefits as the petrodollar pact did for the U.S. economy.\u201d<\/p>\n

Hoffman explains that the petrodollar agreement, formalized after the 1973 oil crisis, stipulated that Saudi Arabia would price its oil exports exclusively in U.S. dollars and invest its surplus oil revenues in U.S. Treasury bonds. In return, the U.S. provided military support and protection to the kingdom. This arrangement was a win-win situation for both; the U.S. gained a stable source of oil and a\u00a0captive market for its debt<\/a>, while Saudi Arabia secured its economic and overall security.<\/p>\n

With the deal now collapsing, the U.S. will no longer have a financial support structure in place to support its massive national debt of $34.5 trillion. The dollar will collapse, it\u2019s just a matter of when not if.<\/p>\n

This new economic reality, with the nations of the world turning up their nose at the dollar, represents a tectonic shift in the world economic order. https:\/\/leohohmann.substack.com\/p\/petrodollar-deal-with-saudi-arabia<\/a><\/p><\/blockquote>\n

Now, the article at the beginning of this post did not mention that Saudi Arabia joined the BRICS alliance on January 1, 2024. Iran and the United Arab Emirates joined on that date as well.<\/p>\n

One of the reasons that BRICS was formed was to push aside US dollar dominance.<\/p>\n

What most Americans do not realize is that the largest export from the USA is actually its currency\u2013which is basically debt notes.<\/p>\n

Here is something from my free online book Lost Tribes and Prophecies:\u00a0What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America?<\/a><\/span>:<\/p>\n

The Bible warns about silver becoming \u201cdross\u201d (Isaiah 1:22; Ezekiel 22:18-22) and says to reverse it once it happens (Proverbs 25:4a; Isaiah 1:25). But the Anglo-American nations have not done that, their old silver coins are now dross (made\/filled with cheaper materials) and their massive debts have made dross out of their fiat currencies (currencies that are not tied to gold or some other hard asset).<\/p>\n

Furthermore, the \u201cU.S. is highly vulnerable to loss of confidence by foreign creditors.\u201d[i]<\/a> U.S. government debt is \u201cextremely vulnerable to foreign attack because of the high percentage of foreign ownership \u2014 almost 40% of the market.\u201d[ii]<\/a><\/p>\n

Interestingly, in the past, one foreign creditor, China, has raised concerns about the U.S. debt that are so serious, that its potential dumping of that debt has been called China\u2019s \u201cnuclear option\u201d[iii]<\/a> against the U.S.A.\u2014an option that involves no military intervention, but that could greatly harm the U.S.A.<\/p>\n

Many have complained about the U.S.A. \u201cweaponizing\u201d its dollar through sanctions, bank restrictions, and other means.[iv]<\/a> By doing so, the U.S.A. has inadvertently been \u00a0building up a coalition to push aside the dollar\u2014and this will happen when the timing is considered to be better. European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the U.S. dollar from its position as the world\u2019s primary reserve currency. The fact that Europe would develop its own currency, as well as for that purpose, was predicted by Church of God writers no later than 1971[v]<\/a> \u2013which is over two decades before the euro was officially agreed to.<\/p>\n

Those in Iran and some of the Arab lands, along with nations such as Brazil, China, and India have discussed plans for the removal of the dominance of the U.S.A. in global trade as well. The former (again current) President of Brazil, Luiz In\u00e1cio Lula da Silva, even claimed that eliminating the U.S. dollar\u2019s reserve currency status was one of the reasons that the BRICS alliance (Brazil, Russia, India, China, and South Africa) was formed in the first place. [vi]<\/a> Others have noted that bypassing the USA dollar is still an object of BRICS\u2014and officially BRICS nations \u201care currently working on setting up a new global reserve currency,\u201d[vii]<\/a> which may have gold-backing.[viii]<\/a> The expansion of BRICS (which is in progress) may ultimately even hurt Australian trade as well as \u201cseverely weaken primacy of the US Dollar as an international currency.\u201d[ix]<\/a><\/p>\n

The Bible clearly warns against cheapening the money supply and encourages having money hold its value (Proverbs 25:4 Isaiah 1:25, Ezekiel 22:18-22). Debt is also warned against (Habakkuk 2:6-8). Yet policies enacted under the Obama, Trump, and Biden Administrations, following certain other administrations, have ignored these warnings.<\/p>\n

Destruction is coming.[i]<\/a> Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016<\/p>\n

[ii]<\/a> Ibid<\/p>\n

[iii]<\/a> Gertz B,\u00a0 China Debt Threat.\u00a0 Washington Times, March 2, 2011<\/p>\n

[iv]<\/a>\u00a0 Jayakumar V. The weaponization of finance threatens the future of the dollar standard. The Hill, March 1, 2022<\/p>\n

[v]<\/a> Hogberg G. Rising World Colossus. Plain Truth magazine, May 1971<\/p>\n

[vi]<\/a> Escobar P. BRICS was created as a tool of attack: Lula. Asia Times, August 28, 2019<\/p>\n

[vii]<\/a> BRICS developing new global reserve currency \u2013 Putin. RT, June 22, 2022<\/p>\n

[viii]<\/a> Helms K. Economists Discuss Russia, China Potentially Developing Gold-Backed Currency. BRICS Information Portal, November 11, 2022<\/p>\n

[ix]<\/a> Hunter M. BRICS Is Becoming The Big Kid On The Block: Implications For Australia \u2013 Analysis. Eurasia Review, November 1, 2022<\/p><\/blockquote>\n

As far as the BRICS alliance of nations goes, Brazil, Russia, Saudi Arabia, Iran, and the United Arab Emirates are major oil exporters and China and India are major oil importers. Hence their efforts, combined with Saudi Arabia’s non-exclusive dollar oil sales, look to be factors to help topple the USA dollars reserve currency status. Perhaps, it should also be noted that all of those nations also highly value gold and continue to build their gold reserves, partially because of their desire to not rely on USA dollars.<\/p>\n

As far as sanctions and the US dollar goes, notice a report from Russia after the latest round of US sanctions:<\/p>\n

June 15, 2024<\/p>\n

The United States government announced a new batch of sanctions against Russia on Wednesday, targeting the energy, metals, and mining industries, as well as the Moscow Stock Exchange and major lenders Sber and VTB. These sanctions have already angered Russia and caused tensions to rise even further, as Moscow deems the U.S. dollar \u201ctoxic.\u201d\u00a0 …<\/p>\n

\u201cThe dollar has become toxic. Washington has totally undermined trust in the dollar as a global reserve currency by imposing illegal sanctions against our country\u2019s financial institutions,\u201d State Duma Chairman Vyacheslav Volodin has said.<\/p>\n

\n

The dollar has\u00a0\u201cdiscredited\u201d\u00a0itself as a reserve currency and therefore\u00a0\u201cde-dollarization is inevitable,\u201d Volodin argued.<\/p>\n<\/div>\n

The global trend towards using national currencies in trade instead of the greenback has gained momentum, Volodin said, claiming that many other nations \u2013 in particular BRICS members \u2013 are looking for alternatives to the dollar as they don\u2019t want to become\u00a0\u201chostages\u201d<\/em>\u00a0of US politics.<\/p>\n

The lawmaker noted that since 2022, the share of\u00a0\u201cunfriendly\u201d<\/em>\u00a0currencies in Russia\u2019s export settlements has dropped from 84.7% to 17.8%. At the same time, transactions in the ruble and national currencies have surged by 3.5 and 15 times respectively.\u00a0\u00a0-RT<\/em><\/a><\/p><\/blockquote>\n

According to Volodin, more than 90% of payments between Russia and its partners within the Eurasian Economic Union (EEU) bloc of post-Soviet nations are carried out in national currencies. Russia-China trade is now 95% settled in rubles and yuan, he added. https:\/\/www.sgtreport.com\/2024\/06\/russia-u-s-dollar-is-becoming-toxic\/<\/a><\/p><\/blockquote>\n

I have warned for many years that there would be a cost to US sanctions (watch from 2018: US Sanctions and Tariffs leading to New World Order?<\/a> and from 2024: Russia, Sanctions, Transnistria, Europe & Prophecy<\/a>). There will be many “unintended consequences” to the US. One has been a shifting away from the US dollar.<\/p>\n

The USA will have MASSIVE inflation and the economy will never fully recover as creditors will rise up and eliminate the USA per Habakkuk 2:6-8.<\/p>\n

Someone said this could happen as early as 2015:<\/p>\n

Market Collapse then New World Order in 2015?<\/a> A long-time financial adviser named Harvey Organ claims that claims that because of insufficient gold in the central banks of USA and UK, that Shanghai would bring about exposing this and that this would lead to a massive, overnight, rise in the price of gold and silver, diminished value of their currencies. He states a market collapse will occur before the end of 2014, that the petroyuan will replace the petrodollar, and that a Chinese led New World Order will be in place for 2015. Is this possible? Where does the leader of the \u2018New World Order\u2019 come from? What does the Bible teach? This is a video.<\/p><\/blockquote>\n

Although I did not believe such a collapse could have happened in 2015 (nor do I believe such for 2024), the reality is that the Bible tells of a time when the US will be taken over (Daniel 11:39) and its massive debts will be a reason that many will be opposed to it (cf. Habakkuk 2:2-8).<\/p>\n

The previous existence of the ‘petrodollar’ seems to have helped the USA be in a position to increase its debt and that will not end well (cf. Habakkuk 2:2-8; Daniel 11:39; see also USA in Prophecy: The Strongest Fortresses<\/a><\/span>).<\/p>\n

As far as Saudi Arabia goes, while it considers itself a US ally (and still feels the need for US military protection), one day it will further break its ties with the US (cf. Psalm 83:2-8; see also Is the Future King of the South Rising Up?<\/a>).<\/p>\n

Some items of possibly related interest may include:<\/em><\/p>\n

The End of US Dollar Dominance<\/a> 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<\/a>.
\nIs the Future King of the South Rising Up?<\/a> Some no longer believe there needs to be a future King of the South. Might Egypt, Islam, Iran, Arabs, or Ethiopia be involved? Might this King be called the Mahdi or Caliph? What does the Bible say? A YouTube video of related interest may be: The Future King of the South is Rising<\/a><\/span>.
\nThe Arab and Islamic World In the Bible, History, and Prophecy<\/a> The Bible discusses the origins of the Arab world and discusses the Middle East in prophecy. What is ahead for the Middle East and those who follow Islam? What about the Imam Mahdi? What lies ahead for Turkey, Iran, and the other non-Arabic Muslims? An item of possibly related interest in the Spanish language would be: L\u00edderes iran\u00edes condenan la hipocres\u00eda de Occidente y declaran que ahora es tiempo para prepararse para el Armaged\u00f3n, la guerra, y el Im\u00e1n Mahdi<\/a>.
\nIslamic and Biblical Prophecies for the 21st Century<\/a> This is a free online book which helps show where biblical and Islamic prophecies converge and diverge. Here are links to related sermons: Seeing Christianity Through Islamic Eyes<\/a>. and Imam Mahdi, women, and prophecy<\/a>.
\n<\/span>The Plain Truth About Gold in Prophecy. How Should a Christian View Gold?<\/a> 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<\/a> and Silver, Science, and Scripture<\/a>.
\nEuropa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about \u201cthe Beast\u201d? Is an emerging European power \u201cthe daughter of Babylon\u201d? What is ahead for Europe? Here is are links to related videos: European history and the Bible<\/a>, Europe In Prophecy<\/a>, The End of European Babylon<\/a>, and Can You Prove that the Beast to Come is European?<\/a>
\nUSA in Prophecy: The Strongest Fortresses<\/a> Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does.<\/span> Two related sermon are available: Identifying the USA and its Destruction in Prophecy<\/a> and Do these 7 prophesies point to the end of the USA?<\/a>
\nWho is the King of the West?<\/a> 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: \u00bfQui\u00e9n es el Rey del Occidente? \u00bfPor qu\u00e9 no hay un Rey del Occidente en la profec\u00eda del tiempo del fin?<\/a> A related sermon is also available: The Bible, the USA, and the King of the West<\/a>.
\nCould God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?<\/a> 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? 2031 or 2035 or? There is also a video titled: When Does the 6000 Years End? 2031? 2035?<\/a> Here is a link to the article in Spanish: \u00bfTiene Dios un plan de 6,000 a\u00f1os?<\/a>
\nMight the U.S.A. Be Gone by 2028?<\/a> 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\u2019s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it.<\/span> Here is a link to a related video: Is the USA prophesied to be destroyed by 2028?<\/a> In Spanish: Seran los Estados Unidos Destruidos en el 2028?<\/a>
\n<\/a>Lost Tribes and Prophecies:\u00a0What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America?<\/a> 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<\/a>; Lost tribes, prophecies, and identifications<\/a>; 11 Tribes, 144,000, and Multitudes<\/a>; Israel, Jeremiah, Tea Tephi, and British Royalty<\/a>; Gentile European Beast<\/a>; Royal Succession, Samaria, and Prophecies<\/a>; Asia, Islands, Latin America, Africa, and Armageddon;<\/a>\u00a0 When Will the End of the Age Come?<\/a>;\u00a0 Rise of the Prophesied King of the North<\/a>; Christian Persecution from the Beast<\/a>; WWIII and the Coming New World Order<\/a>; and Woes, WWIV, and the Good News of the Kingdom of God<\/a>.
\nWhen Will the Great Tribulation Begin? 2024, 2025, or 2026?<\/a> Can the Great Tribulation begin today? What happens before the Great Tribulation in the \u201cbeginning of sorrows\u201d? 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 video: Great Tribulation: 2026 or 2027?<\/a> A shorter video is: Can the Great Tribulation start in 2022 or 2023?<\/a> Notice also: Can Jesus return in 2023 or 2024?<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

COGwriter The US dollar has been in the process of losing important part of its international backing: The End Of The Petrodollar Is The End Of America\u2019s Global Dominance June 17, 2024 The petrodollar agreement with Saudi Arabia began in 1974, two years into Joe Biden\u2019s first term as a United States senator. It ended\u00a0this […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88623","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/88623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/comments?post=88623"}],"version-history":[{"count":10,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/88623\/revisions"}],"predecessor-version":[{"id":88732,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/88623\/revisions\/88732"}],"wp:attachment":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/media?parent=88623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/categories?post=88623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/tags?post=88623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}