‘Putin appeals to BRICS leaders for support’ and ‘BRICS working on new global reserve currency’
Changes in the world are happening. Notice the following:
Putin appeals to BRICS leaders for support
The 14th annual summit of leaders from the BRICS countries (Brazil, Russia, India, China and South Africa) began on June 23. Russian President Vladimir Putin used his speech to ask the bloc’s other leaders for support and call for closer economic ties as Russia looks for new markets in the face of Western sanctions.
The summit, which was hosted by Beijing via videolink, had the official theme “Foster High-Quality BRICS Partnership, Usher in a New Era for Global Development”.
As the theme suggests, the summit was used by some countries to promote an alternative style of global economic and diplomatic leadership in which emerging countries play a bigger role.
Putin called for co-operation in the face of what he called “selfish actions” by the West. He added that sanctions are no more than Western states “using financial mechanisms” to “transfer their own mistakes in macroeconomic policy on to the whole world.”
In contrast, Putin said that Russia could “count on the support of many Asian, African and Latin American states striving to pursue an independent policy.”
Indeed, Russia is actively increasing its trade with non-aligned and friendly countries in an effort to plug the gap left by Western money. India and China alone are now buying almost as much oil Russian as Europe was before Russian troops entered Ukraine. According to Putin, Russian trade with the BRICS group increased by 38% in the first quarter of 2022. …
BRICS states represent a combined 42% of the global population, as well as almost a quarter of the world’s GDP. https://www.intellinews.com/putin-appeals-to-brics-leaders-for-support-248604/?source=russia
Notice also the following;
BRICS working on new global reserve currency and alternative mechanism for int’l payments: Vladimir Putin
June 23, 2022
President Vladimir Putin said on Wednesday that the BRICS countries – Brazil, Russia, India, China, and South Africa – are currently working on setting up a new global reserve currency.
“The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” he said at the BRICS business forum.
According to the Russian president, the member states are also developing reliable alternative mechanisms for international payment .
https://economictimes.indiatimes.com/news/international/world-news/brics-working-on-new-global-reserve-currency-and-alternative-mechanism-for-intl-payments-vladimir-putin/articleshow/92407851.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Now recall something from last April:
Russia Urges BRICS Nations To Create Own ‘SWIFT’ System, Warns ‘Sanctions Are Destroying International Order’
April 9, 2022
The dollar reserve system is facing its greatest threat yet.
Russian Finance Minister Anatoly Siluanov said on Saturday that the five BRICS countries – Brazil, Russia, India, China and South Africa – could mitigate the backlash of Western sanctions against Russia on their economies by pooling their efforts and using a range of financial instruments at their disposal.
“The current crisis is man-made and BRICS countries have all the instruments necessary to mitigate its consequences for the national and global economies,” Siluanov was cited as saying by the Russian Finance Ministry.
The minister blamed economic sanctions on Russia for “destroying the foundation of the existing international monetary and financial system based on the US dollar” and urged BRICS to rely more on their national currencies in foreign trade, integrate payment systems and create an alternative to the SWIFT payment messaging platform.
Siluanov on Friday told a ministerial meeting with BRICS that the global economic situation had worsened substantially due to the sanctions, …
As The Statesman reports, central banks of the BRICS countries have already agreed to conduct the fifth test of a banking mechanism that will allow them to jointly pool “alternative currency” reserves to shield their economies from outside shocks, the ministry said. …
Perhaps even more ominously, Medvedev believes that anti-Russian sanctions can be regarded as an act of aggression:
“The whole combination of the legal and political circumstances prompts the conclusion that sanctions in the current situation can be qualified as an act of aggression against Russia and a form of hybrid war,” Medvedev wrote, adding:
“In the first place, when they are aimed at undermining economic independence, and, consequently, state sovereignty, which endangers the very existence of the state. As a matter of fact, as our opponents say, it is a declaration of economic war.”
If this all sounds like the rantings of a biased politician under the control of Russia’s propaganda arm, that maybe so… but it is also clear to many that the ‘weaponization’ of the dollar (payment system) could well have serious unintended consequences.
For instance, First Deputy Managing Director Gita Gopinath of the International Monetary Fund (IMF) told The Financial Times, that the recent financial sanctions imposed on Russia for its invasion of Ukraine are threatening to weaken the dominance of the U.S. petrodollar as the world currency,
Russia had been planning for years to reduce its dependence on the petrodollar since the United States imposed sanctions in retaliation for its annexation of Crimea in 2014.
The current crisis in Ukraine has only accelerated those plans… and it now seems the entire BRICS group may be ready to cross the chasm as Bretton Woods III begins to form.
The implications, needless to say, are staggering (and, worse, while Zoltan Poszar does not explicitly state it, he clearly believes that world war is coming):
Empires fall and rise. Currencies fall and rise. Wars have winners and losers.
When Wellington beat Napoleon, the trade was to buy gilts. I am no expert on geopolitics, but I am an interest rate strategist and I think the level of inflation and interest rates and the size of the Fed’s balance sheet will depend on the steady state that emerges after this conflict is over. Three is a magic number:
The four prices of money are managed via Basel III and central banks as DoLR.
The four pillars of commodity trading are shaped by war, hopefully not WWIII.
The new world order will bring a new monetary system – Bretton Woods III.
A BRICS-based payment system would be the ultimate challenge to the dollar-hegemon-based system in place today. Even if this is nothing but talk, it underscores the fact that the dollar is on shaky ground. US policymakers would be wise to consider future dollar weaponization carefully. 04/09/22 https://www.zerohedge.com/geopolitical/russia-urges-brics-nations-create-own-swift-system-warns-sanctions-are-destroying
Unsurprisingly, Russia wants to accelerate the disconnecting of the BRICS economies to the USA dollar.
What many people do not understand is that the BRICS group of nations was formed in order to push aside US dominance in financial and other matters. This was publicly confirmed by former Brazilian President Lula back in 2019:
BRICS was created as a tool of attack: Lula
In a wide-ranging, two-hour-plus, exclusive interview from a prison room in Curitiba in southern Brazil, former Brazilian president Luis Inacio Lula da Silva re-emerged for the first time, after more than 500 days in jail, and sent a clear message to the world. …
My first question to Lula was about BRICS and the current geopolitical chessboard, with the US facing a Russia-China strategic partnership. As president, from 2003 to 2010, Lula was instrumental in formatting and expanding the influence of BRICS … He emphasized: “BRICS was not created to be an instrument of defense, but to be an instrument of attack. So we could create our own currency to become independent from the US dollar in our trade relations; to create a development bank, which we did – but it is still too timid – to create something strong capable of helping the development of the poorest parts of the world.”
Lula made an explicit reference to the United States’ fears about a new currency: “This was the logic behind BRICS, to do something different and not copy anybody. The US was very much afraid when I discussed a new currency and Obama called me, telling me, ‘Are you trying to create a new currency, a new euro?’ I said, ‘No, I’m just trying to get rid of the US dollar. I’m just trying not to be dependent.’” 08/28/19 https://www.asiatimes.com/2019/08/article/brics-was-created-as-a-tool-of-attack-lula/
Note: Former President Lula seems to have been referring to the start of the BRIC group, which later became BRICS.
While they were still called BRIC, instead of BRICS (which is what the named changed to after South Africa joined in 2010), I posted:
One of the goal’s of the BRIC nations is to eliminate the US dollar as the global currency, even though they realize it may cost them financially. People in the USA often have little idea how much other countries want to see the end of the USA’s economic (and other) dominance in the world. (Thiel B. Russian, Chinese, Indian, and Brazilian Leaders Meet for BRIC 2. COGwriter, April 15, 2010)
I warned back in 2011 that the BRICS nations wanted to reduce US dollar dominance and other US influence. Notice:
The BRICS are trying to unify against the US dollar and its influence … The BRICS nations are pushing for a financial order that is not dominated by the US dollar. And while they have legitimate economic reasons for this, they also seem to be pushing for this for political reasons. The BRICS want much more influence in the world’s monetary system. (Thiel B. BRICS Target US Dollar: Final Time of Gentiles Approaching. COGwriter, April 14, 2011)
I have reported about BRICS plans to push aside the dollar on a regular basis (see, for example, the March 2, 2019 post: ‘BRICS Pay’ and the Coming End of US Dollar Hegemony). In 2020, I posted:
BRICS have been working to dodge the US dollar and have had some success doing so.
The US economy will be badly hurt when its dollar is no longer seen as the instrument for international trade payments.
It should be noted that the BRICS nations are also part of other organizations and projects that extend their reach well beyond the five member nations. (Thiel B. ‘Is BRICS Dodging US Dollar?’ EAEU wooing India? COGwriter, January 19, 2020)
Now, you might be thinking that they, BRICS, have had the pushing aside of the US dollar for a long time and have not done it yet.
And that is true.
Yet they, and the Europeans, have been taking steps they hope will one day push aside the US dollar.
The dollar is still king. But it is a king over a kingdom looking to rebel.
US-led sanctions against Russia is harming the USA dollar.
Yes, to use an American expression, the USA “has been shooting its own foot.”
We are currently in the time of Anglo-American dominance–peoples that were prophesied to take on Jacob’s name in Genesis 48. We have been in that time since around the start of the 19th century.
Yet, now we are getting closer to the final Time of the Gentiles.
Notice the following prophecies from the Old and New Testaments:
23 ‘Make a chain,
For the land is filled with crimes of blood,
And the city is full of violence.
24 Therefore I will bring the worst of the Gentiles,
And they will possess their houses;
I will cause the pomp of the strong to cease,
And their holy places shall be defiled.
25 Destruction comes;
They will seek peace, but there shall be none. (Ezekiel 7:23-25)23 But woe to those who are pregnant and to those who are nursing babies in those days! For there will be great distress in the land and wrath upon this people. 24 And they will fall by the edge of the sword, and be led away captive into all nations. And Jerusalem will be trampled by Gentiles until the times of the Gentiles are fulfilled. (Luke 21:23-24)
2 But leave out the court which is outside the temple, and do not measure it, for it has been given to the Gentiles. And they will tread the holy city underfoot for forty-two months. (Revelation 11:2)
This will happen during a period that “it is the time of Jacob’s trouble” (Jeremiah 30:7) and that the “Gentiles” are dominating. This means those that are descended from Israel or have the name of Jacob (cf. Genesis 48:14-16) will be mainly the ones who are trampled on. One of the peoples that God says He will use to punish the descendants of Israel, Assyria (Isaiah 10:5-11), are a Gentile people–they will normally lead during the time of the Gentiles. This will be a terrible time.
For the final time of the Gentiles to arise, the Gentiles will need to cooperate together against the USA and its Anglo-Saxon descended allies. The BRICS, EAEU, EU, and the China’s Belt and Road Initiative are all intended to do that and are all taking steps which align with properly understood biblical prophecies.
Yet, most in the USA, Canada, UK, Australia, and New Zealand do not understand what is now happening on the world scene and how they will be affected.
There is a cost to US trade policy, sanctions, and international bullying.
The Biden-Harris Administration, which does not value biblical prophecies, seems unable to see where its actions are leading.
The world will be transformed into a Gentile image. An image that those in the Anglo-American nations will dread!
Policies by the USA and other Anglo-Saxon-Celtic descended nations are accelerating this trend.
We are getting closer to the final time of the Gentiles.
Some items of possibly related interest may include:
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.
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.
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?
Ezekiel 38: For Russia & Iran in Our Day? Is Ezekiel 38 about to be fulfilled? Are we close to the battle with Gog and Magog? Four related videos are available: Ezekiel 38 Gog and Magog War: Is it Soon?, Ezekiel 38: For Russia, Ukraine, & Iran Now?, Russia, Iran, Syria, & the Bible (Code), and Gog, Magog, Vladimir Putin, and Ezekiel 38?
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 a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Can You Prove that the Beast to Come is European? The Book of Revelation tells of a beast power that will rise up. Some think that this must be Russia or could be Islamic, while others say that this power is European. The Book of Daniel tells of the rise of an end time King of the North that some think must be referring to a Russian leader, while others say that this power is European. How can you be sure? This YouTube video has all the scriptural proofs that you should need to prove that this power must be a European one.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? 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: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
The Great Monarch: Biblical and Greco-Roman Catholic Prophecies Is the ‘Great Monarch’ of Greco-Roman Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ? and Great Monarch in 50+ Beast Prophecies.
The Eurasian Union, the Kings of the East, and Bible Prophecy Is there a Eurasian union that will be formed? Is one being formed right now? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? If some type of Eurasian union is formed, who might it benefit and who will it destroy? A related video would be Is The Eurasian Union Rising?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? 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? 2029 or or 2031 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
Might the U.S.A. Be Gone by 2028? 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’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
When Will the Great Tribulation Begin? 2022, 2023, or 2024? 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? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
The King’s Pedigree This is an article published by the Otago Witness in 1902 related to connections of the British Throne to the throne of King David of Israel.
THE QUEEN’S ROYAL DESCENT FROM KING DAVID THE PSALMIST This is a listing from Adam to the Kings of Judah through Queen Victoria put together in the 19th century.
Canada in Prophecy: What Does Bible Prophecy,Roman Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future. A sermon of related interest is also available: Canada in Prophecy.
Australia and New Zealand in Prophecy Do biblical prophecies help explain the wealth blessings for Australia and New Zealand? Might cursings from disobedience come in the 21st century? Here is a link to a related sermon: Australia and New Zealand: Origins and Prophecy.
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