2025: The year that US dollar dominance ends?


COGwriter

Various ones are taking steps to dethrone the US dollar as the world’s reserve currency. Michael Krieger believes this may happen by 2025:

The Road to 2025 (Part 3) – USD Dominated Financial System Will Fall Apart

The USD is unique in that it grants the U.S. the “exorbitant privilege” of having a national currency which at the same time serves as the global reserve currency. …

Pricing key commodities such as oil, which everyone in the world needs, in USD creates a massive structural support for the dollar versus other government fiat currencies. If other nations constantly have to convert to USD before purchasing commodities, there’s a constant underlying global demand to buy USD on a daily basis. No other country has this sort of structural support for its currency, and it allows the U.S. to be far more fiscally irresponsible than other countries without suffering devastating currency devaluations on the global market.

Despite the tremendous advantage such a system offers the U.S. on the world stage, there haven’t been any rival countries that could realistically challenge it given American economic dominance. This is no longer the case. …

Still today, the US GDP accounts for 22% of world’s GDP, while 80% of international payments are made in dollars.

Hence the United States receives goods from abroad always at comparatively very low prices, while the massive demand for dollars from the rest of the world allows to refinance the US public debt at very low costs. …

This is absolutely key. There’s now a huge mismatch between the use of USD in the global financial system and the U.S. share of the world economy. China and Russia are acutely aware of this and have been taking major steps to transition to a more multi-polar currency world. There can be no multi-polar geopolitical world without a multi-polar currency world, which is why they’re working toward dethroning the USD. I believe they will succeed.

Specifically, I think by 2025 the world will have a completely different global financial system from the one chaotically birthed in the 1970s. The USD will lose its total dominance on the world stage, resulting in major implications geopolitically as well as at home. https://libertyblitzkrieg.com/2018/04/19/the-road-to-2025-part-3-usd-dominated-financial-system-will-fall-apart/

While I am not certain of the date, if certain prophetic events take place within the next four years (e.g. Daniel 9:27; see The ‘Peace Deal’ of Daniel 9:27), it could be possible that the US dollar will be worth no more than its scrap and burning value by 2025.

The fact that the US has greatly printed up more electronic money and increased its debts by trillions has gotten various nations to consider that the end of a world-economy dominated by the US dollar is getting much closer.

Notice also the following from last year:

The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet. Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year. But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic. According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars.

Of course we are never going to pay back all of this debt.

The truth is that we are just going to keep accumulating more debt until the system completely and utterly collapses. 03/28/19 http://endoftheamericandream.com/archives/the-true-size-of-the-u-s-national-debt-including-unfunded-liabilities-is-222-trillion-dollars

The official debt is now over$26 trillion and growing! It has grown over $4 trillion in one year! And that does not include certain moves that the US Federal Reserve has also done related to COVID matters.

The Hebrew prophet Habakkuk was told by God to write the following:

3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man … 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).

The world will wake up to the fact that the USA cannot possibly pay back its debts and will take successful military actions against the USA (cf. Daniel 11:39).

The Continuing Church of God (CCOG) put together the following video on our Bible News Prophecy YouTube channel:

13:36

Financial Reset by 2022?

Euro Pacific Capital CEO says the US economy is about to crash because of debt. US National Security Adviser John Bolton declared debt as a threat to society. Forbes writer John Mauldin says that a financial reset is expected in the 2020s, as does Willem Middelkoop, who believes gold may be part of a reset. Morgan Stanley believes the end of the current economic cycle may be in 2021. MIT pointed to changes in the 2020s. How much debt does the USA add daily? Does any of this tie in with biblical prophecies? Does Habakkuk 2 have applicability to the USA? Is it wise to try to discount debt and not pay it back in full? Dr. Thiel addresses these issues in the light of scripture.

Here is a link to the sermonette video: Financial Reset by 2022?

If Donald Trump wins re-election in 2020, the end of the US dollar possibly would happen during his next term (as currently this could be theoretically possibly be as early as 2023 or 2024, presuming that the deal of Daniel 9:27 is confirmed within a year or so). A ‘reset’ could, however, be tried sooner.

The end of US dollar dominance is coming.

Some items of possibly related interest may include:

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.
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The ‘Peace Deal’ of Daniel 9:27 This prophecy could give up to 3 1/2 years advance notice of the coming Great Tribulation. Will most ignore or misunderstand its fulfillment? Here is a link to a related sermon video Daniel 9:27 and the Start of the Great Tribulation.
Collapse of the Euro and Dollar? War in 2020? Larry Edelson of Money and Markets described aspects of current economic difficulties and explained why he felt matters would get a lot worse. He said war, like World War III, could break out as early as 2020. What did he call the ‘granddaddy of all cycles”? Will matters go as he said? What does the Bible teach? Dr. Thiel provides biblical insights that secular sources often miss. This is a video.
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When Will the Great Tribulation Begin? 2020, 2021, or 2022? 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? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter and newer video is: Could the Great Tribulation Begin in 2020?
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.
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