BIDEN WATCH: 4.8.23 -

 The Dollar Is in Trouble! Here Are 7 Signs That Global De-Dollarization Has Just Shifted Into Overdrive- by Michael Snyder - http://theeconomiccollapseblog.com/the-dollar-is-in-trouble-here-are-7-signs-that-global-de-dollarization-has-just-shifted-into-overdrive/ For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, India, Brazil, Saudi Arabia and other nationsare making really big moves which will enable them to become much less dependent on the U.S. dollar in the years ahead. This is really bad news for us, because having the primary reserve currency of the world has enabled us to enjoy a massively inflated standardof living. Once we lose that status, our lifestyles will be much different than they are today. Unfortunately, most Americans don’t understand any of this. Even though our leaders have treated the stability of our currency with utter contempt in recent years,most Americans just assume that the dollar will always reign supreme. Meanwhile, much of the planet is preparing for a future in which the U.S. dollar will be far less important than it is right now. The following are 7 signs that global de-dollarization hasjust shifted into overdrive… #1 The BRICS nations account for over 40 percent of the totalglobal population and close to one-fourth of global GDP. So the fact that they are working to develop a “new currency” should greatly concern all of us… The Deputy Chairman of Russia’s State Duma, Alexander Babakov, said on 30 March that the BRICS bloc of emerging economies – Brazil, Russia, India, China, and South Africa – is working on developing a “new currency” that will be presented at the organization’s upcoming summit in Durban. “The transition to settlements in national currencies is the first step. The next one is to provide the circulation of digital or any other form of a fundamentally new currencyin the nearest future. I think that at the BRICS [leaders’ summit], the readiness to realize this project will be announced, such works are underway,” Babakov said on the sidelines of the Russian-Indian Strategic Partnership for Development and Growth BusinessForum. Babakov also stated that a single currency could likely emerge within BRICS, and this would be pegged not just to the value of gold but also to “other groups of products,rare-earth elements, or soil.” #2 Two of the BRICS nations, China and Brazil, have just “reacheda deal to trade in their own currencies”… The Chinese renminbi is speeding up in expanding its global use, a trend that will help build a more resilient international monetary system, one that is less dependent onthe US dollar and more conducive to trade growth, experts said on Thursday. They commented after China and Brazil — two major emerging economies and BRICS members — reportedly reached a deal to trade in their own currencies, ditching the US dollaras an intermediary. The deal will enable China and Brazil to conduct their massive trade and financial transactions directly, exchanging the RMB for reais and vice versa, instead of going throughthe dollar, Agence France-Presse reported on Wednesday, citing the Brazilian government. #3 During a meeting last week in Indonesia, finance ministersfrom the ASEAN nations discussed ways “to reduce dependence on the US Dollar, Euro, Yen, and British Pound”… An official meeting of all ASEAN Finance Ministers and Central Bank Governors kicked off on Tuesday (March 28) in Indonesia. Top of the agenda are discussions to reduce dependenceon the US Dollar, Euro, Yen, and British Pound from financial transactions and move to settlements in local currencies. The meeting discussed efforts to reduce dependence on major currencies through the Local Currency Transaction (LCT) scheme. This is an extension of the previous Local CurrencySettlement (LCS) scheme that has already begun to be implemented between ASEAN members. #4 In a move that has enormous implications for the “petrodollar”, Saudi Arabia just agreed to become a “dialogue partner in the Shanghai Cooperation Organization”… The state-owned Saudi Press Agency said that, in a session presided by King Salman bin Abdulaziz, the Saudi cabinet on Tuesday approved a memorandum awarding Riyadh the statusof dialogue partner in the Shanghai Cooperation Organization — a political, security and trade alliance that lists China, Russia, India, Pakistan and four other central Asian nations as full members. The organization further tallies four observer states — including Iran — and nine dialogue partners, counting in Saudi Arabia, Qatar and Turkey. It is headquartered in Beijingand served by China’s Zhang Ming as secretary-general. #5 The Chinese just completed their very first trade of liquefiednatural gas that was settled in Chinese currency instead of U.S. dollars… China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. Chinese state oil and gas giant CNOOC and TotalEnergies completed the first LNG trade on the exchange with settlement in the Chinese currency, the exchange said in a statementcarried by Reuters. The trade involved around 65,000 tons of LNG imported from the United Arab Emirates (UAE), the Shanghai Petroleum and Natural Gas Exchange added. #6 The government of India is offering their currency as an “alternative” to the U.S. dollar in international trade… India will offer its currency as an alternative for trade to countries that are facing a shortage of dollars in the wake of the sharpest tightening in monetary policy by theUS Federal Reserve in decades. Facilitating the rupee trade for countries facing currency risk will help “disaster proof” them, Commerce Secretary Sunil Barthwal said during an announcement on India’s foreigntrade policy Friday in New Delhi. #7 Saudi Arabia has actually agreed to accept Kenyan shillingsas payment for oil shipments to Kenya instead of U.S. dollars… Kenyan President William Ruto signed an agreement with Saudi Arabia to buy oil for Kenyan shillings instead of US dollars. As the US currency exchange rate hit 145.5 shillings due to increased demand by importers, President Ruto accused oil cartels of stockpiling American dollars in response tothe crisis, sparking fuel shortages throughout Kenya. 10 years ago, none of these things would have happened. But now change is happening at a pace that is absolutely breathtaking. At this point, John Carney is warning that a fracturing of global currency reserves is “inevitable”… “[It’s] not only a serious threat, I think it is inevitable. We went through three stages, as you said, after World War II. The U.S. was the biggest economy in the world.In the 1970s, global banking became basically dollar central. With the fall of the Soviet Union, the entire world, more or less, came under the domination of the U.S dollar…” “That is now drifting away. China and Russia are starting to build an alternative block of currency,” John Carney explained Sunday. Sadly, I agree with him. As U.S. relations with both Russia and China continue to go downhill, both of those nations will have a very strong incentive to push de-dollarization even further. And that is really bad news for the United States, because our currency is the source of our economic power and it is the most important thing that we export. This is a story of monumental importance, but unfortunately most Americans still believe that our leaders know exactly what they are doing and that they have everything fullyunder control. --------------------------------- Biden�s Trans Day - Bill Wilson � www.dailyjot.com Joe Biden has called for March 30 to be �Transgender Day of Visibility.� Oddly enough, it coincides with the Trans Radical Activist Network�s (TRAN) Trans Day of Vengeanceon March 31, which was called off because TRANS said it couldn�t safely hold the day of projected violence because of the �flood of raw hatred directed toward the trans community after the Tennessee shooting.� So we have a president of the United States anda radical movement of violent transgendered people working together to promote this sexual deviant behavior as something that is normal in society. Biden has taken the opportunity to elevate transgendered people as the �soul� of America, �made in the imageof God.� WHAT? In his Transgender Day of Visibility declaration, Biden said, �Transgender Americans shape our Nation�s soul�proudly serving in the military, curing deadly diseases, holdingelected office, running thriving businesses, fighting for justice, raising families, and much more. As kids, they deserve what every child deserves: the chance to learn in safe and supportive schools, to develop meaningful friendships, and to live openly andhonestly. As adults, they deserve the same rights enjoyed by every American, including equal access to health care, housing, and jobs and the chance to age with grace as senior citizens. But today, too many transgender Americans are still denied those rightsand freedoms. A wave of discriminatory State laws is targeting transgender youth, terrifying families and hurting kids who are not hurting anyone.� Joe, you believe that the soul of America is shaped by transgendered people and the image of GOD is transgender? This is offensive. You are saying that the soul of Americais shaped by those who identify as some form of gender�which they claim many sexual identities�other than the gender of their birth. And Biden is saying that as kids�as kids�they deserve to be openly transgendered. Yes Joe, as adults trans people should betreated equally under the law and with kindness. But the agenda of preying on, grooming, evangelizing, and confusing children into making decisions that they may regret when they become adults is morally wrong. Biden, in his proclamation, estimated that suicidalthoughts among this population are over 50%. That�s a majority. And Biden claims this demographic shapes the soul of our nation? Going against this agenda is not popular among the extremists in the media and in the LGBTQ+ community. But this particular political movement is detrimental to America andthe very fabric of society. Again, what these people do and become as adults is their business as protected by law, but when they prey upon children to evangelize their agenda and brainwash and confuse them, it becomes all of our business. Why ever would thePresident of the United States promote such perversion? The Old Testament prohibits men wearing women�s clothes and vice-versa and says homosexuality is abomination. Romans 1:28 says of these people, �God gave them over to a reprobate mind to do those thingswhich are unfit.� And Biden says they are shaping the soul of America. This is really�say it with me�stupidocrisy. Sources: https://www.whitehouse.gov/briefing-room/presidential-actions/2023/03/30/a-proclamation-on-transgender-day-of-visibility/ https://www.breitbart.com/politics/2023/03/31/president-biden-commemorates-transgender-day-visibility-made-image-god-deserving-dignity/ -------------------------------