It is becoming clearer, even to some in the mainstream, that the US dollars’ days, as the world’s primary reserve and trading currency, are numbered.

One of the reasons is rising USA debt. Fox Business reported the following:

The fuse on America’s debt bomb just got shorter
November 2, 2023

If you thought it was scary when the Treasury Department recently dropped a financial bomb, announcing the deficit for fiscal year 2023 was $1.7 trillion dollars, please sit down before you read on. The Treasury just released new numbers projecting borrowing of $1.6 trillion in just the first half of fiscal year 2024.

As if the 23 percent growth in last year’s deficit wasn’t enough, the Treasury is now on track to borrow almost as much in just six months as it did in the previous 12. That’s nearly a doubling of the deficit. It means the Treasury is on track to borrow over $3 trillion this fiscal year, 50 percent more than previously estimated by the Congressional Budget Office. …

The long delay between the bomb being lit and exploding allows the incendiary to be thrown between people, none of whom want to be holding it when it goes off. As the fuse gets shorter, people more quickly throw the bomb to someone else, and that’s exactly what’s happening with Treasuries (bills, notes, and bonds) today. …

Such irresponsibility is how a nation builds a fiscal bomb. Bidenomics, perhaps best defined as the government spending, borrowing, and printing too much money, not only made the bomb larger, but also caused inflation, which forced up interest rates. That was the match that lit the fuse.
Because the federal debt is $33.7 trillion, just a 1 percent increase in yields adds $337 billion to the annual cost of servicing the debt over time, as more of the debt is rolled over at higher interest rates. That adds to the Biden administration’s already large deficits, so that higher interest costs grow the debt even faster. The Treasury is already spending an annualized $1 trillion to service the debt. https://www.foxbusiness.com/economy/fuse-america-debt-bomb-just-got-shorter

Yes, the fuse is lit.

While the dollar is not done, its days are numbered.

Notice also the following:

WARNING: When The Dollar Collapses, YOUR LIFE Will COMPLETELY Change…
Let’s jump right in to this latest video from Glenn Beck interviewing Carol Roth. …
If the dollar falls, your life will change overnight.
GLENN: Carol Roth, the author of The War on Small Business and former investment banker who started to use her gifts for the good, instead of the evil, is joining me now. …
Could the dollar get knocked off the top spot, as the world’s reserve currency? … The US dollar conquered the world. Is it at risk of losing its top spot? I know because I’ve been talking about this for a long time. And everyone has said, that will never happen.
And I said, really? Yes, it will. …
But what people have to really understand is: When it happens, life as you know it, in America, is completely different. Correct?
CAROL: Yeah. I think we’ve talked about this before. Sort of coming to grips with reality. You don’t want to be in that situation. And just be processing that situation if and when it happens. You want to be prepared for it, and say, okay. I’ve gotten past the shock already.
I kind of expected this day might come. And, hey, I have a plan in place.
Because I know that there will be chaos. …
What are you doing in your personal life, and in your community. To make sure that something goes awry. And there is this chaos. What are you going to do to make it through that period? Again, this doesn’t mean that the dollar is going away. It doesn’t mean that the entire US economy collapses forever. It just means that the stakes are shifting. …
Now if you’re a little confused about why the U.S. Dollar is so important, you need to see this.
It’s the “petrodollar” and it’s the reason we have such a high standard of living here in the USA.
But when it falls?
Worse than the Great Depression — and here’s that word again: overnight. 11/01/23 https://100percentfedup.com/warning-when-the-dollar-collapses-your-life-will-completely-change/

While the prophet Habakkuk confirmed the idea that a collapse will come suddenly (cf. Habakkuk 2:7), things will be worse than Carol Roth believes. It will be more than a major economic change–the USA will be destroyed as well per Daniel 11:39 and Habakkuk 2:6-8.

As I have long warned, eventually but not yet, the USA dollar will become worthless–it will be worth no more than the scrap or sentimental value of the cotton-paper it is printed on.

Now, here is something related to debt and the US dollar being the primary reserve currency from my January 2021 book Biden-Harris: Prophecies and Destruction:

Joe Biden and many other American politicians have not run away from increasing U.S.A. debt—that will be to the nation’s peril.
The Bible warns about something that will happen to a heavily indebted nation. Notice what the Hebrew seer Habakkuk wrote over 2,600 years ago:
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… (Habakkuk 2:2-3,6–8).
Notice that what is to happen is so bad, that people who read the prophecy should run, when it is time for it to be fulfilled. Since that prophecy is to be fulfilled at the appointed time of the end, it is still for the future, but perhaps not too far distant in the future. No nation has ever been in as much total debt as the U.S.A.
The “U.S. is highly vulnerable to loss of confidence by foreign creditors.”[i] U.S. government debt is “extremely vulnerable to foreign attack because of the high percentage of foreign ownership — almost 40% of the market.”[ii]
Interestingly, in the past, one foreign creditor, China, has raised concerns about the U.S. debt that are so serious, that its potential dumping of that debt has been called China’s “nuclear option”[iii] against the U.S.A.—an option that involves no military intervention, but that could greatly harm the U.S.A.
Others have been concerned that Russia will perhaps encourage something like this when the timing is right. European leaders have been working for years to establish a new reserve currency for the world, partially with the intent to remove the U.S. dollar from its position as the world’s primary reserve currency.
Those in Iran and some of the Arab lands, along with nations such as Brazil and India have discussed plans for the removal of the dominance of the U.S.A. in global trade as well. The former President of Brazil, Lula, even claimed that eliminating the U.S. dollar’s reserve currency status was one of the reasons that the BRICS alliance (Brazil, Russia, India, China, and South Africa) was formed. [iv]
The Bible clearly warns against cheapening the money supply and encourages having money hold its value (Proverbs 25:4 Isaiah 1:25, Ezekiel 22:18-22). Yet policies enacted under the Obama and Trump Administrations, following certain other administrations, have ignored these warnings.
No nation in the history of humankind has ever accumulated as much debt as the United States of America (because the U.K. may have close to the highest amount of per capita debt,[v] its fate would be similar). Destruction is coming.
However, the relationship between debt accumulation and prophesied destruction remains unapparent to many. Because there is a time lag, many ignore that there will be real consequences (cf. Ecclesiastes 8:11; Habakkuk 2:3,6-8). Yet, these increases of debt are utterly dangerous.
When the time comes when the Federal Reserve is no longer able to keep interest rates artificially low, the U.S.A. will continue past the point of no return. That will become one of the final factors that will cause creditors to rise up and destroy the U.S.A.
The Economy
While pushing biblically immoral ideas is bad for the economy, it should be noted that economies vary. A modern reality is that being the world’s de facto reserve currency has helped prolong the U.S.A.’s dominance.
When the U.S. dollar is no longer the world’s reserve currency, this will hurt the U.S.A. financially. Increasing debt, including “quantitative easing,” is a form of dishonest profits that is not something that God approves of and will punish the U.S.A. for (cf. Ezekiel 22:13-16).
Inflation will eventually hit the U.S.A. extremely hard. As the world becomes less attached to the American dollar, many financial jobs and opportunities will be in places other than the U.S.A. Eventually, but not yet, the U.S.A. dollar will become worthless (worth no more than the scrap or sentimental value of the cotton-paper it is printed on).
Will it always be straight downhill for the economy of the U.S.A.?
No.
There are some reasons to have some temporary optimism. The longer there is some economic stagnation in parts of the economy that governmental COVID-19 policies contributed to, the more demand tends to build up, and an increase in demand may prolong the economy. In addition, technological and other developments may temporarily support the U.S. economy—as can reductions of regulatory burdens.
Some policies of the Biden-Harris Administration may help. Others see problems. The Biden-Harris team looks to increase various regulations and impact some industries negatively (such as the fossil fuel industry). Various ones see their proposed policies and cabinet selections as a refreshing change that they hope will fuel economic growth and shared prosperity.
Notice what was told to a king whose was prophesied to lose his kingdom:
27 Therefore, O king, let my advice be acceptable to you; break off your sins by being righteous, and your iniquities by showing mercy to the poor. Perhaps there may be a lengthening of your prosperity. (cf. Daniel 4:27)
Repentance can prolong prosperity, but promotion of sin leads to destruction. But, it is not expected that Joe Biden or Kamala Harris will push for scriptural national repentance.
[i] Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016
[ii] Ibid
[iii] Gertz B, China Debt Threat. Washington Times, March 2, 2011
[iv] Escobar P. BRICS was created as a tool of attack: Lula. Asia Times, August 28, 2019
[v] Conway E. Britain showing signs of heading towards 1930s-style depression, says Bank. Telegraph, March 16, 2009

A dominant world reserve currency loses its position if enough nations do not want it to be.

Now, the collapse of the USA dollar will also cause chaos around the world, as the tweet by Sheikh Imran Hosein at the beginning of this post, states.

But what he and others miss, is that USA dominance will be replaced by the coming European Beast power.

That said, this summer, we put out the following video:

14:44
And the Debt Goes On …
On June 3, 2023, US President Joe Biden signed a bill to increase the official debt-ceiling of the United States. According to the US Treasury the “ceiling” has been changed, increased, or delayed 78 other times. The official debt has nearly tripled since the Obama-Biden Administration. The official debt increased about $2 trillion per year under Donald Trump’s Administration and has done close to that in the Joe Biden Administration. While the USA has been able to increase debt with limited consequences (like inflation) so far, does the Bible show this can end in destruction? What did God warn about debt through the prophet Habakkuk? Is getting into high amounts of debt a blessing or curse according to the Bible? Do Democrats or Republicans currently have a plan that will now be implemented to pay off the debt? Has the USA been functioning as an international “leech” consistent with statements in the Book of Proverbs? Does the Bible say it is wicked to borrow money you do really intend to repay? Steve Dupuie and Dr. Thiel cover these matters.

Here is a link to our video: And the Debt Goes On …

And the massive increases in USA debt have been continuing.

If you think that the USA will continue to be number 1 and claim to believe the Bible, please consider biblical prophecies such as Daniel 11:39; Habakkuk 2:6-8; Isaiah 10:5-11 (see also USA in Prophecy: The Strongest Fortresses and/or watch Do these 7 prophesies point to the end of the USA?).

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