The Reign Of The US Dollar Is About To Come To An End -By Joe Dauda

The reason why the US dollar enjoys global currency dominance is partly because of its Petrodollar Status. This status was concocted by the United States agreeing to protect the kingdom of Saudi Arabia through its superior military machine, in exchange for the Saudis demanding US dollars for all oil transaction settlements.

Take a moment and think about this.

And remember the status of Saudi Arabia as the undisputed largest producer of crude oil in the world — except for that brief period when President Donald Trump unleashed the capacity of America’s oil industry.

By sheer folly or by design (I believe it is more by design) this arrangement between Saudi Arabia and the United States will not last much longer. And that means the dollar will no longer be the king of world currencies.

Although the media hardly reports it, the fact is that Saudi Arabia has been at war with Yemen for years now. It is something akin to the Boko Haram insurgency — an asymmetric war. Yemen is currently under the leadership of a Shia Islam group known as the Houthis. Everybody knows that the Houthis are a proxy of the Iranian regime. This means they are being supported and controlled by Iran. In past articles, I have explained the rivalry between Shia Islam and Sunni Islam, represented by Iran and Saudi Arabia respectively. Because of the close relationship between the United States and Israel and the strategic relationship between the US and Saudi Arabia, President Donald Trump and Israeli Prime Minister Benjamin Netanyahu were able to arrange a deal for peace between Israel and some Arab countries, which would not have been possible without the consent of Saudi Arabia. President Donald Trump also antagonized Iran more than any US President alive, not by war, but by economic sanctions, to the extent that, in the black market, one US dollar now exchanges for almost 400,000 Iranian rials. You better believe it. One US dollar exchanges for four hundred thousand Iranian rials. Trump’s sanctions were that vicious and Iran may not have been able to survive a Trump second term.

But Joe Biden came to power and gave Iran a lifeline by trying to revive the 2015 Nuclear Deal that President Trump had abandoned at the strong urging of Israel, the Saudis, and most Sunni/Arab nations who fear a nuclear-armed Iran. Not only did Joe Biden try to revive the 2015 deal, he also took some hostile actions against Saudi Arabia. Believe it or not, President Joe Biden removed American Patriot missiles from Saudi Arabia at the very time Saudi Arabia was being attacked with ballistic missiles by the Houthis of Yemen. Even a Saudi oil well was attacked. I don’t know if he removed all but I can guarantee you that Joe Biden removed some American Patriot missiles from Saudi soil.

To make life harder for the Houthis, President Donald Trump had included them in the list of Terrorist Organizations, which, among other painful burdens, meant they were excluded from the international financial system.

Guess what?

One of the first things Joe Biden did when he came to power was to remove the Yemeni Houthis from that list, making it a lot easier for them to thrive and also buy weapons, with which to attack Saudi Arabia, a supposed US strategic partner.

The Saudis noticed all of these and did not take it kindly.

No wonder, the diplomatic relations between Saudi Arabia and China began to warm up rapidly soon after that and, at the end of last year, a strategic agreement was signed between the Saudis and China.

One may charge Joe Biden of reckless stupidity but, from the prophetic perspective, I don’t believe the moves of Joe Biden has anything to do with foolishness. Please read my earlier published 4-Part Series, The Gathering Storm, to understand why Joe Biden is doing what he is doing.

For many years, we in the school of Bible prophecy, have known and expected a crash of the dollar. Next time you hear or see the words, Great Reset, please understand that it will be preceded with total economic devastation. It is after this economic tsunami that the great reset will take place. On Biden’s campaign lectern, you saw the words, Build Back Better.

Build what back?

What they plan to destroy of course.

The dollar is part of the anticipated casualty of the coming Great Reset. And the announcement, just yesterday, by the Finance Minister of Saudi Arabia is the sign that the days of dollar dominance are soon to be over.

Isn’t it interesting that it was during a meeting of the World Economic Forum in Davos that this announcement was made?

Remember the World Economic Forum?

You should.