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 dismiss any and all warnings of dollar collapse
- 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
- Another argument is that the dollar is backed by the full force of the US military, and the US Treasury and the Federal Reserve
- These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media
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
- For decades Saudi Kings maintained political balance by doling out vital power positions to separate, carefully chosen successors. 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 Saudi Arabia's Crown Prince Mohammed bin Salman (MBS) has been backed by globalists
- He openly supported their "Vision For 2030", a plan for the dismantling of "fossil fuel" based energy and the implementation of carbon controls.
- 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."
- With those kinds of promises, it's not surprising that Saudi elites would be willing to dump the dollar and even oil.
After 14 long years of ultra-loose monetary policy from the Federal Reserve, it's no secret that inflation is primed to soar.
- If your IRA or 401(k) is exposed to this threat, act now!
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