Things To Come: It has been 7 years on 17th/1/2023 since 'the little horn[son]' -the Bibi[baby] son whose name /number adds to 666 renewed the Mosaic Covenant with Pope Francis in the Synagogue in Rome. ...7 year Biblical cycle....I believe we now might enter the Last Week- watch for his 'covenant with the many' acceptance speech?[42 month authority left]. ....building the New Temple...then the Last Two Prophets come a measuring ?...Merry Christmas & New Year,,,,Maranatha Shalom....old Messianic Jew. A Friend Of HNW.
A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of 'Petro' Status
HNewsWire: The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.
One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position.
These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the US economy to fail. Isn’t the dollar system their “golden goose”?
The answer is no, it is NOT their golden goose. The dollar is just another stepping stone towards their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn’t they do the same to the dollar?
Globalist white papers and essays specifically outline the need for a diminished role for the US currency as well as a decline in the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new global currency system controlled by the IMF. I warned about this years go, and my position has always been that the derailment of the dollar would likely start with the end of its petro status.
In 2017 I published an article titled ‘Saudi Coup Signals War And The New World Order Reset’. I noted at the time that the sudden power shift over to crown prince Mohammed Bin Salman indicated a change in Saudi Arabia’s relationship to the US. I stated that:
“To understand how drastic this coup has been, consider this — for decades Saudi Kings maintained political balance by doling out vital power positions to separate, carefully chosen successors. Positions such as Defense Minister, the Interior Ministry and the head of the National Guard. Today, Mohammed Bin Salman controls all three positions. Foreign policy, defense matters, oil and economic decisions and social changes are now all in the hands of one man.”
The rise of MBS was backed by the Public Investment Fund (PIF), a fund comprised of trillions of dollars supplied by globalists within Carlyle Group (Bush family, etc.), Goldman Sachs, Blackstone and Blackrock. MBS garnered the favor of the globalists for one specific reason – He openly supported their “Vision For 2030”, a plan for the dismantling of “fossil fuel” based energy and the implementation of carbon controls. Yes, that’s right, the head of Saudi Arabia is backing the eventual end of oil based energy, and part of that includes the end of the dollar as the petro currency.
In exchange for their cooperation, the Saudis are being given access to ESG-like funding as well as access to AI advancements and the so-called “digital economy.” It sounds crazy, but there is much talk of AI developments to cure numerous health problems and extend lifespan. With those kinds of promises, it’s not surprising that Saudi elites would be willing to dump the dollar and even oil.
In 2017 I noted that:
“I believe the next phase of the global economic reset will begin in part with the breaking of petrodollar dominance. An important element of my analysis on the strategic shift away from the petrodollar has been the symbiosis between the U.S. and Saudi Arabia. Saudi Arabia has been the single most important key to the dollar remaining as the petrocurrency from the very beginning.”
I believed that the threat to petro status would ultimately be spurred on by a proxy war between East and West:
“World economic war is the real name of the game here, as the globalists play puppeteers to East and West. It is a geopolitical crisis they will have created to engineer public support for a solution they predetermined.”
Back then I thought that such a proxy war would be initiated in the Middle East, possibly in Iran. However, it’s clear that Ukraine is the powderkeg the globalists have chosen, at least for now, with Taiwan being the next shoe to drop.
In the years since I made these predictions the relationship between Saudi Arabia, Russia and China has grown very close. Arms deals and energy deals are becoming a mainstay of trade and this has led to a quiet but steady distancing of the Saudis from the dollar. This past week, the dominoes were set in motion for dollar collapse when Saudi Arabia announced at Davos that they are now willing to trade oil in alternative currencies.
In response, Xi Jinping pledged to ramp up efforts to promote the use of the Chinese yuan in energy deals. This falls in line with another article I wrote in 2017 titled ‘The Economic End Game Continues,’ in which I described how conflict with Eastern nations (China and Russia) would be exploited to create a catalyst for the end of the dollar’s petro status.
The importance of the Saudi announcement cannot be overstated; this is the beginning of the end of the dollar. The dollar’s world reserve status is largely dependent on its petro-status. Without one, you cannot have the other. This is almost the exact same dynamic that led to the implosion of the British Sterling decades ago as the global petro currency which resulted in the rise of the dollar to take its place.
This time, though, it will not be a single foreign currency that takes on the role of world reserve, it will be a basket currency system controlled by the IMF called Special Drawing Rights, along with a single global digital currency that is yet to be named but is now under development.
The consequences of the loss of reserve status will be devastating to the US economy. It is the only glue holding our system together – The ability to defer inflation by exporting it overseas is a superpower only the US enjoys. The Fed can print money perpetually if it wants to in order to fund the government or prop up US markets, as long as foreign central banks and corporate banks are willing to absorb dollars as a tool for global trade. If the dollar is no longer the primary international trade mechanism, the trillions upon trillions of dollars the Fed has created from thin air over the years will all come flooding back to the US through various avenues, and hyperinflation (or hyper stagflation) will be the result.
This dynamic is already in play, as foreign holders of US debt and dollars have been dumping them at record pace since 2017. The process continues at a time when the Federal Reserve is cutting it’s balance sheet and raising interest rates, which means there is no longer a buyer of last resort.
This may be why multiple foreign central banks have renewed their purchases of gold reserves and are once again stockpiling precious metals. They seem to be well aware of what is about to happen to the dollar, while the American public is kept in the dark.
The effects of the decline of the dollar may not be immediately felt, or become obvious for another year or two. What will happen is consistent inflation on top of the high prices we are already dealing with. Meaning, the Federal Reserve will continue to hold interest rates higher and prices will barely budge or they may climb in spite of monetary tightening. Even in the face of a major recessionary contraction, which I predict will be triggered starting in April, prices will STILL remain higher.
All the while the mainstream media and government economists will say they have “no idea” why inflation is so persistent, and that “nobody could have seen this coming.” Some of us saw it coming, but only because we accept the reality that the dollar’s days are numbered.
Satan still has influence in the world, and our own human hearts still turn against God. Second Corinthians 4:4 explains, “The god of this age has blinded the minds of unbelievers, so that they cannot see the light of the gospel that displays the glory of Christ, who is the image of God.” Paul explains how people willingly reject the truth of God and that, “just as they did not think it worthwhile to retain the knowledge of God, so God gave them over to a depraved mind, so that they do what ought not to be done” (Romans 1:28). He also warns, “There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, treacherous, rash, conceited, lovers of pleasure rather than lovers of God—having a form of godliness but denying its power. Have nothing to do with such people” (2 Timothy 3:1–5).
Even those who have put their faith in Jesus Christ and been rescued from the penalty of sin still struggle against the sinful nature (Romans 7—8). We still go against God and, as a result, contribute to the problem of evil in the world. God has graciously forgiven us in Jesus Christ and continues to cleanse us from sin (1 John 1:9). Through the work of the Holy Spirit, God also enables us to put our evil deeds to death and live in His ways (Philippians 2:12–13; Ephesians 4:17–32; Colossians 3:1–14; Romans 12:1–2; Hebrews 12:1–2).
Evil will persist until Christ returns, but we can rest assured that God allows no more evil than will ultimately play into His good and perfect purposes. He restrains evil (Job 1—2; 2 Thessalonians 2:6–12). Though God never authors or applauds evil, He is able to use it to His good ends (Romans 8:28–30; James 1:2–4; 1 Peter 1:6–9).
Though the evil in our world can seem overwhelming, it has by no means overcome the goodness of God. God’s children—those who have put their faith in Jesus Christ (John 1:12)—live in this world as ambassadors and lights (2 Corinthians 5:20–21: Matthew 5:13–16). We are tasked with sharing the good news about Jesus with the world (Matthew 28:18–20; Acts 1:8) and demonstrating His character through actively loving others (John 13:34–35; Galatians 6:9–10; 1 John 4:7–12). The Holy Spirit resides in us (Ephesians 1:13–14; 1 John 4:13). Nothing will separate us from God’s love, not even the darkest evil (Romans 8:28–39).
Saudi Arabia Is Moving Closer to China While Moving Away From the United States
HNewsWire: Don't worry about the millions of illegal immigrants flooding into the country as you leave costly military equipment in Afghanistan and deplete your weapon stocks in Ukraine and then pretend there's no issue. When China is ready to infiltrate outside, as it has done domestically, there is a serious danger that the United States may be unable to defend itself.
According to Gregory Copley, president of the International Strategic Studies Association, the United States' relationship with Saudi Arabia is deteriorating as a result of China's increasing closeness to the Gulf Kingdom.
"It is the most severe setback that the US and the West has faced since arguably the middle of the Cold War era," Copley said on NTD TV' "China in Focus" program.
He cited the interaction between the West and the Middle East during President Richard Nixon's presidency.
"What we observed in the early 1970s was that the United Governments and the West acquired a tremendous relationship with all of the Middle Eastern states, including Israel, the Arab States, and Iran," he remarked.
"There was no serious fear of mutual hostility, and the area was seeing much more positive development and stability," he noted.
The Nixon administration was successful in establishing a cease-fire between Israel, Egypt, and Syria in 1973.
"And fundamentally, what we saw under President [Joe] Biden was the total, what we saw under President [Barack] Obama early in his time, the collapse of that equilibrium in the Middle East," Copley said.
He singled out Chinese President Xi Jinping's visit to Saudi Arabia in early December.
"The People's Republic of China's goal was to step in and say, 'We are a friend to everybody, and we will ensure peace in the area,' something only the United States had been able to achieve in the previous several decades," he said.
Mao Ning, a spokeswoman for China's foreign ministry, described Xi's visit as the "biggest and highest-level diplomatic event between China and the Arab world since the formation of the People's Republic of China."
"So we have President Xi doing something that had not been accomplished since President Nixon's successes in the early 1970s, up until 1974," Copley observed.
According to Copley, there was a huge contrast between Chinese President Xi Jinping's opulent greeting in Saudi Arabia and Biden's frigid reception in Riyadh during his July visit.
"There were no ministers waiting for him at the airport. "His welcome was nothing remarkable, and the conversations were on very, very tiny and continuing details," he said of Biden's visit.
"However, when... Xi Jinping came in Riyadh recently, he was met with all of the trappings of a complete state visit, with flypasts, Royal Saudi Air Force fighter and trainer jet aircraft, all in the colors of the People's Republic of China flag, and the like," he continued.
Copley ascribed the deterioration in US-Saudi ties to Biden's criticism of Saudi Crown Prince Mohammed bin Salman, who was suspected of masterminding the murder of Washington Post journalist Jamal Khashoggi in 2018 when he entered a Saudi consulate in Turkey.
"You have a situation where much of the Middle East, including Saudi Arabia, was becoming alienated toward the US. Biden administration, because of the basically disruption of the [Abraham] Peace Accords, which had been achieved with so much difficulty and hard work," he added, referring to the 2020 peace agreement reached by Israel, Bahrain, and the United Arab Emirates through the Trump administration's mediation.
China and Saudi Arabia Progress
Copley also emphasized Beijing's improvement in its economic connection with the Gulf country, as seen by Xi's recent visit to Saudi Arabia. "The People's Republic of China was making tremendous success in negotiating Middle Eastern oil sales in currencies other than the US currency, the petrodollar," he claimed.
"Saudi Arabia has been experimenting with selling oil and gas to the PRC with yuan as well." During his visit, Xi reportedly focused on China's ongoing attempts to replace the dollar as the currency denomination for Chinese-Saudi oil trading by using the Shanghai Petroleum and National Gas Exchange as a payment mechanism.
"So what we've seen is a significant crack in the dominance of the US dollar in the Middle East, but it's far from complete," Copley said. Xi's visit featured Saudi-Chinese talks, a China-Arab conference, and a summit between China and the Gulf Cooperation Council (GCC).
"The accords that Xi Jinping has done in the Middle East are highly significant geopolitically because they also connect the Beijing-dominated Eurasian bloc of states—a strategic alliance involving Saudi Arabia, Russia, and Iran," he added.
"It provides them, in particular, a conduit now down via Saudi Arabia, down to Africa," he continued.
According to the expert, this connection would allow Beijing to avoid sailing cargo "across the Indian Ocean in the South China Sea up to Chinese ports," which he claims are "susceptible to interdiction by Western countries, whether it's the US or the Europeans, or the Japanese and Australians."
There is no long-term solution. Copley believes that if China's economy continues to deteriorate, the arrangements reached with the Middle East will not provide a long-term solution to the regime.
China's economy is being harmed by poor consumer demand as a result of Beijing's zero-COVID policy, notably in the real estate industry. The slow real estate market has resulted in a considerable decrease in fiscal income and a significant rise in expenditures, resulting in a severe fiscal imbalance.
"It's a tremendously dramatic moment of transition for Beijing," he remarked. They will either make a tremendous breakthrough, causing the West to collapse, or they will fail and fall within the next decade."
George Bush was dead right about one thing.
Please do not inquire. Don't tell anybody. Most eastern countries will eventually abandon the United States.
‘I’ve Done It’: Netanyahu Announces His 6th Government, Israel’s Most Hardline Ever
HNewsWire: Benjamin Netanyahu informed President Isaac Herzog late Wednesday that he had reached an agreement with his coalition partners to form Israel's 37th government, promising right-wing and religious-led political stability seven weeks after the country's fifth election since 2019 and minutes before his mandate to form the next government expired.
In accordance with Israeli law, Netanyahu was also scheduled to notify Knesset Speaker Yariv Levin, who would make the announcement during Monday's parliamentary session. Following that, Netanyahu will have seven days to swear in his cabinet, but party officials believe it will happen before the January 2 deadline.
The talks between Netanyahu and his far-right and ultra-Orthodox allies came down to the wire, with the Otzma Yehudit party announcing an hour before the deadline that it was still in talks with Netanyahu's Likud and that it "wasn't apparent" whether the two sides would reach an agreement.
Over a month after getting the authority to form a government, Netanyahu eventually contacted Herzog to announce his coalition roughly 20 minutes before the deadline.
Immediately thereafter, just before midnight, Netanyahu announced his administration, simply tweeting, "I've done it."
HNewsWire: The BRICS coalition, which includes Brazil, Russia, India, China, and South Africa, focuses mostly on trade discussions, while it has also reached agreements on security issues such as counterterrorism. Despite increased tensions between members over the last decade, particularly between India and China, whose military fought in conflict over their shared border in 2020, the coalition has held.
The BRICS alliance also held despite the election of a self-proclaimed conservative president, Jair Bolsonaro, who radically shifted the focus of domestic politics from what it was when far-left socialist President Luiz Inácio Lula da Silva helped create the coalition in 2009. Despite campaigning on anti-communism in 2018, Bolsonaro has generally maintained close connections with China and has remained neutral in Russia's invasion of Ukraine, strongly opposing sanctions against Moscow.
On November 13, 2019, Chinese President Xi Jinping (L) and Brazilian President Jair Bolsonaro shake hands during a press conference following their bilateral meeting at Itamaraty Palace in Brasilia, Brazil. - On the eve of a summit with their BRICS counterparts from Russia, India, and South Africa, Brazil's President Jair Bolsonaro walked a diplomatic tightrope, seeking to strengthen ties with Beijing while not upsetting major friend Donald Trump.
On November 13, 2019, Chinese President Xi Jinping (L) and Brazilian President Jair Bolsonaro shake hands during a press conference following their bilateral meeting at Itamaraty Palace in Brasilia, Brazil.
Saudi Arabia's interest in joining BRICS is not surprising; reports in July suggested that Saudi officials were considering the possibility; however, Riyadh actively seeking closer ties with nations such as Russia and China will likely worry the White House, given the OPEC+ oil cartel's announcement to cut production by two million barrels per day.
The government of leftist American President Joe Biden instantly condemned Saudi Arabia, the cartel's leader, for boosting oil prices to facilitate Russia's invasion of Ukraine, a claim Saudi Arabia adamantly disputed, backed up by Ukrainian President Volodymyr Zelensky.
Ramaphosa spent the weekend in Riyadh, where he signed 17 memorandums of agreement on trade and diplomacy worth an estimated $15 billion.
"The Crown Prince (Prime Minister Mohammad bin Salman bin Abdulaziz al Saud) did stress Saudi Arabia's wish to be a part of Brics, and they are not the only country," Ramaphosa said after meeting with the crown prince, according to the South African newspaper the Times.
Ramaphosa would to say if he would support Saudi Arabia joining the diplomatic coalition, emphasizing that the decision would have to be made by all five parties.
Chinese President Xi Jinping makes a keynote speech in virtual format at the BRICS Business Forum opening ceremony on June 22, 2022.
"The BRICS nations will gather in a summit next year under the chairmanship of South Africa." And the matter will be taken into account," Ramaphosa stated. "And already, a number of countries or nations have approached the other member countries, and we've given them the same response, which is that it will be discussed by the BRICS partners themselves, five of them, and then a decision will be made."
MOSCOW, RUSSIA – SEPTEMBER 30 (RUSSIA OUT) – Russian President Vladimir Putin talks at a signing ceremony with separatist leaders in the Grand Kremlin Palace on September 30, 2022 in Moscow, Russia. Separatist leaders from Ukraine's occupied regions of Donetsk, Lugansk, Kherson, and Zaporizhzhya have come in Moscow to sign cooperation contracts.
South Africa was added to the BRICS (formerly BRIC) coalition only once. Following the last BRICS conference, there was speculation that the participants were interested in expanding the organization, whose principal mission is to act as a counterweight to American interests on a global scale. The Russian Foreign Ministry revealed in June that the Islamist dictatorship of Iran and Argentina's socialist administration of President Alberto Fernández had sought for membership.
Iranian President Ebrahim Raisi inspects an honor guard as he departs Tehran's Mehrabad airport for New York to attend the annual UN General Assembly meeting on Monday, September 19, 2022. Raisi's remark that "there are some indicators" that the Holocaust occurred but that further investigation was needed drew an outrage from Israeli officials on Monday, who condemned the remarks as antisemitic Holocaust denial. Raisi made the remark during an interview with CBS' "60 Minutes" on the eve of his trip to New York for the United Nations General Assembly.
"While the White House was thinking about what else to switch off in the world, ban or spoil, Argentina and Iran sought to join the BRICS," Russian Foreign Ministry spokeswoman Maria Zakharova said at the time, referring to US-led sanctions imposed in response to Ukraine's eight-year-long incursion.
Fernández and Iranian President Ibrahim Raisi both attended the most recent BRICS summit in China in June.
Argentina's President Alberto Fernandez will take office on Monday, June 27, 2022.
The inclusion of Iran in the coalition may hinder Saudi Arabia's participation. The two countries, which have the world's most prominent Sunni and Shiite Muslim regimes, have long been geopolitical enemies and are currently engaged in a proxy war in Yemen.
Iranians frequently dispute the Saudi government's management of Islam's two holiest places, Mecca and Medina, whereas Saudi Arabia regards Iran as a regional threat and frequently lobbies for sanctions on the Iranian regime in order to limit its impact.
Purnima Anand, the president of the BRICS International Forum, said a month after the BRICS meeting this year that Saudi Arabia, along with Turkey and Egypt, had approached the group to request membership.
"All of these countries have expressed an interest in joining and are planning to apply for membership," Anand told Russian media. "I feel this is a good step because expansion is always viewed positively; it will undoubtedly strengthen BRICS' worldwide power."
Saudi Arabia's ambition in forming a coalition that actively challenges the United States' financial influence comes after a difficult week for Washington-Riyadh relations. The Biden administration reacted angrily to OPEC+'s decision to restrict oil production by 2 million barrels per day, stating that Saudi Arabia, which leads the oil cartel, was "aligning with Russia."
In response to the output cut, White House spokesman John Kirby stated Biden would immediately "reevaluate" ties with Saudi Arabia; however, Biden later said he would not discuss the issue until after the American midterm elections in November.
The Saudi Ministry of Foreign Affairs responded to the criticism with an unusually long missive expressing "complete rejection" of the Biden administration's position.
"The Government of the Kingdom of Saudi Arabia would like to emphasize its unequivocal rejection of these assertions that are not founded on facts and that misrepresent the OPEC+ decision outside of its solely economic context," the statement said.
Any attempts to distort the facts about the Kingdom's position on the Ukraine issue are regrettable and will not influence the Kingdom's principled position, including its vote to support UN resolutions on the Russian-Ukrainian situation."
On Friday, Zelensky said that he had spoken with Crown Prince Mohammed bin Salman over the phone and praised Saudi Arabia for its assistance, thus contradicting the White House's attempt to portray Riyadh as a Russian ally in the fight.
"I spoke with Saudi Crown Prince Mohammed bin Salman. "Thank you for your support of Ukraine's territorial integrity and resolution in the UN General Assembly," Zelensky tweeted.
Russia has warned Israel about persistent claims that the Israeli government is planning to offer Ukraine with lethal military aid. So far, its assistance has been limited to humanitarian and non-lethal items, with Israeli officials repeatedly refusing Kiev's pleas for armaments, notably the famous Iron Dome anti-air system.
There is currently no indication that the Knesset has sanctioned or authorized defensive help, but some Israeli officials are becoming more vocal about the idea in response to widespread claims of Iran delivering Moscow 'kamikaze' drones allegedly used in the last stepped-up attacks.
According to the most recent foreign sources, Tehran is transferring Iranian ballistic missiles to Russia as part of wartime resupply efforts. Concerned about the growing ties and purported transfers, Israeli Diaspora Affairs Minister Nachman Shai tweeted on Sunday that the "time has come" for Israel to join Western partners in delivering armaments to Kiev.
"There can be no question about Israel's position in this horrific struggle," Shai wrote. "The moment has come for Ukraine to receive military assistance in the same way that the United States and NATO members do."
On Monday, Josep Borrell, the EU's foreign policy leader, stated that his office is gathering data on Iranian drone deliveries to Russia, which reportedly comprised hundreds of "Shahed" drones. On Monday, multiple suicide drones attacked central Kiev. This might pave the path for the Islamic Republic to face additional, broader EU sanctions.
In reaction to Israel's indication that it may send weapons into the crisis, top Russian national security council official and ex-President Dmitry Medvedev warned Israel on Monday that providing arms to Ukraine would ruin relations...
"It appears that Israel will provide weapons to the Kyiv regime. A extremely risky move. It will sever all diplomatic ties between our two countries "Medvedev posted a message on Telegram.
Tensions have risen in the aftermath of Prime Minister Yair Lapid's speech a week ago condemning further Russian bombings on Ukrainian cities.
On Monday, Russian military launched dozens of suicide drones throughout Ukraine...
"I strongly condemn Russian strikes on civilians in Kyiv and other Ukrainian cities," Lapid stated. "I express my heartfelt condolences to the victims' families and the Ukrainian people."