Last year China surpassed the U.S. as the world's largest importer and exporter, making its currency, the Yuan, more desirable than the greenback as a reserve in the long term. Since 2010, China has been quietly but quickly establishing multiple bilateral trade agreements with numerous countries dropping the dollar as the primary purchasing mechanism. China has accumulated massive gold stores and is set to become the world's largest holder of gold in the next two years. In the past year, China has also surpassed the U.S. as the number one importer of oil, making it a more valued market for the Middle East and causing many to question the dollar's relevance as the petro-currency:
http://oilprice.com/Energy/Crude-Oil/China-is-Now-the-Worlds-Largest-Importer-of-OilWhat-Next.html
Saudi Arabia, America's primary ally and foothold in the global oil market, is now openly calling for an end to traditional agreements and a separation from the U.S. because of the lack of military action in Syria. This too does not bode well for the dollar's petro-status. Like a chess maneuver, it would seem we have been cornered by the globalists on oil. If we invade Syria or Iran we risk losing petro-status. If we do not invade Syria or Iran, we still risk losing petro-status:
http://www.reuters.com/article/2013/10/22/us-saudi-usa-idUSBRE99L0K120131022
In response to the dismal debt ceiling extension and the uncertainty underlying the new debate coming in the next few months, China's ratings agency, Dagong, has downgraded U.S. treasury bonds yet again:
http://money.cnn.com/2013/10/17/news/economy/debt-ceiling-deal-china/
U.S. Treasuries are now witnessing the lowest foreign demand since 2001:
Three near-crisis events in only three months have signaled a severe acceleration in what the Chinese call the de-Americanization of the global economy. All of the financial shifts taking place since the derivatives implosion of 2008, as well as those rushing like white-water rapids through the global system in the wake of the debt ceiling debate, are gravitating towards ONE outcome the destruction of the dollar, and the introduction of a new global currency (the SDR) controlled the the IMF.
Russia's Vladimir Putin has called for a global currency run by the IMF to replace the dollar:
China has called for a global currency run by the IMF to replace the dollar:
http://abcnews.go.com/Business/story?id=7168919
Elitists within the U.S. have called for a global currency run by the IMF to replace the Dollar:
http://www.youtube.com/watch?v=tBO34qcnoqM
Hell, even the Vatican has called for a global currency run by a global public authority to replace the dollar:
http://www.zenit.org/en/articles/pontifical-council-for-justice-and-peace-on-the-global-economy
There is a world-wide strategy in motion to end the dollar, and with it, America as we know it today. The only question is, how many more near-disasters will we have to experience before the trigger event takes place?
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This is the scariest, and most spot on observation I have seen in months. Couple this with the news from this week:
Saudi Arabia severs diplomatic ties with US over response to conflict in Syria
Germans launch probe into allegations of U.S. spying
The nations of the world have now fully realized that not only is Obama incompetent, but he cannot be trusted, and he is advancing the cause of evil in the world.
The millions upon millions of rude, lazy, and selfish Americans have no idea how close we have come in just the last few weeks of total collapse. Obamas ticking off the Saudis and the EU can only mean the acceleration to remove the US Dollar as the worlds reserve currency is almost upon us.
Overnight, our Dollar (the "almighty dollar") will be worthless.
All this must happen for the antichrist to rise in power. The entire world's economy must be under his grip, along with the power of life over death.
We are so very near.
Several years ago, anyone who believed in a the rise of a single world currency was derided as a "nut." But Scripture points towards it, and it will happen.
The world will very soon fly into a panic. If anyone here is a believer in Christ Jesus, we should remember that He is in control:
Isaiah 45:6-7 - That they may know from the rising of the sun, and from the west, that [there is] none beside me. I [am] the LORD, and [there is] none else.
Romans 8:28 - And we know that all things work together for good to them that love God, to them who are the called according to [his] purpose.
Also, God has a plan:
Jeremiah 29:11 - - For I know the plans I have for you, declares the Lord, plans to prosper you and not to harm you, plans to give you hope and a future.
Let us rejoice that the King is coming. That God is at work, and all affliction is gain, because if we suffer then our suffering for Christ's sake is counted along with His own glory for God.
The board is set, the pieces are moving.
The SDR prices per unit currency are already set and ready to go:
SDRs per Currency unit and Currency units per SDR last five days
Trust in God, and be grateful to Him that we have been chosen to live during these days. For His glory. Amen.
One part of me wants to not believe this is happening. The other part is saying bail out, cash in the 401K and lose 1/3 of it to the government and convert the rest to silver.