BibleNewsProphecy: SWIFT end to the US dollar?


COGwriter

The Continuing Church of God put together the following video 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?

Notice also something that Russia’s Foreign Minister said a couple of days after we made the above video:

5 November 2024

The hybrid war being waged by the US and its allies against Russia is hurting the world’s poorest nations the most and backfiring on Washington, Russian Foreign Minister Sergey Lavrov has argued. …

By struggling to preserve its “privileged position,” Washington is “chopping down the branch on which it sits” and “destroying the system of globalization that they have fostered and promoted to the world,” according to Lavrov.

“The dollar, which for decades has been advertised to us as the common property of all mankind, has been turned into a weapon of oppression and punishment against geopolitical competitors and dissenters. In doing so, they have essentially written a sentence for the dollar as a global reserve currency and a means of international settlement,” Lavrov said.

Last month, at the BRICS Summit in Kazan, President Vladimir Putin noted that Washington has made a “big mistake” by weaponizing the dollar. In pursuing de-dollarization, Moscow is not trying to undermine the US currency but is merely “forced to look for alternatives” in trade with its partners, he stressed.

“The United States itself is withdrawing the dollar from circulation, as more countries begin to fear that they may be next. No one knows what they can be punished for,” Lavrov noted on Monday, recalling Putin’s words. …

Over the past ten years, Russia has faced more than 21,000 sanctions across various sectors, from economics and trade to culture and sports, according to Lavrov. Russian financial institutions were largely cut off from the Western system in 2022 in response to Russia’s military operation in Ukraine. As a result, Moscow has accelerated trade with international partners using their national currencies, a trend increasingly supported by BRICS members, who have shifted away from using the dollar and euro for trade settlements. https://www.rt.com/russia/607000-lavrov-us-dollar-sentence-sanctions/

The US keeps hurting itself with its sanctions and other weaponizations of its dollar. Its dollar will no longer remain “king.”

This will greatly impact the economy of the USA in a massively negative way.

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.
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?
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?

 



Get news like the above sent to you on a daily basis

Your email will not be shared. You may unsubscribe at anytime.