Tag: world reserve currency

Trump threatens 100% tariffs on China and Russia if BRICS group issues new currency

Written on December 6, 2024. Posted in President Donald Trump, Bible prophecy, China, End Times, God, Iran, Russia.

When nations get sanctioned, dollar assets held in other countries can be frozen...

BRICS, Canada, Mexico, sanctions, US dollar, world reserve currency

126 Nations to Attend BRICS Summit to Discuss Leaving US Dollar

Written on September 4, 2024. Posted in GLOBAL ECONOMY, Bible prophecy, China, End Times, Iran, Russia, Saudi Arabia, US Economy.

Only a few prophecy watchers are paying attention to the assault being planned against the US dollar...

BRICS, Jay Powell, King dollar, Revelation 6. petrodollar, US dollar, world reserve currency

World moving rapidly towards de-dollarization

Written on June 28, 2024. Posted in Antichrist, Bible prophecy, End Times, European Union, GLOBAL ECONOMY, Saudi Arabia, Turkey.

This comes as the New Development Bank, developed by BRICS countries – which added Saudi Arabia to its membership as of January 2024...

BRICS+ Development Bank, de-dollarization, MBS, petrodollar, world reserve currency

IMF Prepares Financial Revolution – Say Goodbye To The Dollar …

Written on April 19, 2024. Posted in Antichrist, Bible prophecy, End of the age, GLOBAL ECONOMY.

Global reserve currency status is what allowed the U.S. government and the Fed to create tens of trillions of dollars in new currency after the 2008 credit crash, all while keeping inflation more or less under control...

BIS, CBDC's, IMF, IMF XC, SWIFT, US dollar. Petrodollar, world reserve currency

The White House Claims Borrowing $16 Trillion Over the Next Decade Is Fiscally Responsible

Written on March 20, 2024. Posted in Antichrist, Bible prophecy, End Times, Federal Reserve, GLOBAL ECONOMY, US Economy.

If you can't even get close to balancing the budget when unemployment is low, tax revenues are near record highs, and the economy is booming, when can you do it?

debt, hyperinflation, unfunded liabilities, US budget, US dollar, world reserve currency