A reader sent the attached link to me and it is well worth passing on to all readers of this blog. Russia has just announced that it “may scrap the ruble and introduce a common currency with Belarus and Kazakhstan as the nations broaden their alliance and seek to reduce their dependence on the [U.S.] dollar (emphasis added).” Clearly, this action is intended to (A) pull the nations that were part of the USSR back together again, and (B) create regional currency firewalls against a future dollar collapse. Indeed, this regional currency movement may be intended to help cause the downfall of the dollar as the world’s reserve currency. Since these three nations share a common language, an economic union indicates that political domination by Russia seems again inevitable. Now that a pro-Russian was elected as the new leader of the Ukraine,  Russia is now also “settling accounts with Ukrainian companies in Russian rubles.” The major nations of the old USSR are now coalescing.

Belarus has also signed a currency agreement with China to use currencies other than the U.S. dollar in its trade relationships, and Russia intends to invest more of its currency reserves in such nations as Canada and Australia. That is significant as Canada and Australia are rich in gold production and in other natural resources. Rumors about a new international global reserve currency have indicated that it will be backed by a basket of commodities including gold. Russia is also allowing the Chinese currency, the Yuan, to be used in cross-border trades between Russia and China, and India and Brazil have been invited to talks to use their currencies in bilateral or multinational trades. The link also notes that the Persian Gulf nations are “working toward a single currency which may see them step away from a dollar peg (emphasis added).”

While not mentioned in this article, Germany’s Prime Minister Merkel openly criticized the U.S. Federal Reserve Board and you can be sure that Germany and many other nations are very, very unhappy with Goldman Sachs, the dominant Wall Street multination, for its role in helping Greece deceive Germany and other nations about Greece’s real level of indebtedness (as I’ve noted in recent blogs).  More nations are taking careful (and I think) coordinated actions to steadily lessen the role of the U.S. Federal Reserve Board, Goldman Sachs, etc. in influencing global commerce.

All these developments are doubly significant. They confirm that the Gog-Magog nations prophesied in Ezekiel 38-39 to form a militaristic latter-day alliance are continuing to form ever-stronger ties with each other, and it also shows that regional currencies are being formed which will steadily replace the U.S. dollar in global trade and financial transactions. That fits perfectly with the prophecy in Revelation 17-18 that the end-time global financial system (the one we have now) will experience a global collapse at some point and be replaced by a new “beast” system. Are the “seven heads and ten horns” of the beast sovereign nations, new regional currency blocs or something else? We’ll eventually see what the Apostle John saw in a vision when his prophecy is fulfilled before our eyes. All these developments indicate that Ezekiel 38-39 and Revelation 18-19 are jointly heading toward a fulfillment in our foreseeable future.

The global dominance of the U.S. dollar is under increasing threat, and most Americans are clueless about the serious and detrimental effects it will have on their lives when the dollar is dethroned in the future.