Posted on 08/14/2018 12:46:00 PM PDT by SaveFerris
Russian Foreign Minister Sergei Lavrov suggested Tuesday that countries facing sanctions like Iran, Turkey and Russia may start doing business in their national currencies, suggesting that the days of the U.S. dollar as the international reserve currency may be numbered. Perhaps no one would be happier about that than President Donald Trump. Here’s why: As Yale economist Robert Tiffin explained in the 1950s, if a country’s currency is the international reserve currency, then it has no choice but to run a current account deficit. If a replacement is found, as the dollar replaced the British pound in the 1920s, it may be more likely to have trade surpluses – which is what Trump has said he wants.
(Excerpt) Read more at yahoo.com ...
(Not everyone believes that Russia is Magog) but I agree with Dr. Ed Hindson of TheKingIsComing.Com.
Persia = Iran House of Togarmah = Turkey Magog = Russia
YMMV
Iran, Turkey, Russia
Ezekiel 38 ping
Try if you like.....
Just from memory, I believe that China Russia and many other countries are gonna gather to destroy Israel in the last days.
Kings of the North Gog Magog et al
Rivers of blood, what idiots.
You don’t fight God, Jesus is gonna come on a white horse and take care of biz
(I’m a little rusty, gotta do some more reading)
The four horsemen of the Apocalypse are very exciting...
Soros will be very happy too.
This is his specialty.
Ruining economics in countries, devaluing their currency and in the process making billions.
He’s GOT to be involved in this.
Personally, like Dr. Hindson, I believe Ezekiel 38 is a separate war from Armageddon. And a different Gog and Magog at the end of the Millennial Reign - where they come from all corners of the Earth.
In Ezekiel 38, the attackers are soundly defeated. There seems to be some who protest.
At Armageddon, some part of Israel falls and it’s apparently not safe even in Judea (IOW Jesus telling those in Judea to flee to the mountains after the Abomination that Causes Desolation).
As always there are varying opinions. Regardless, things continue to shape up towards those days.
God’s blessings upon you.
From the article:
Perhaps no one would be happier about that than President Donald Trump. Here’s why: As Yale economist Robert Tiffin explained in the 1950s, if a country’s currency is the international reserve currency, then it has no choice but to run a current account deficit.
If a replacement is found, as the dollar replaced the British pound in the 1920s, it may be more likely to have trade surpluses – which is what Trump has said he wants.
Your “bear” had me confused for a sec.
Yeah, their economies don’t compare. Nonetheless, I think they’ll form an alliance against Israel.
But I wouldn’t pretend to know the date of such.
Yes I was bouncing around from event to event...
Thanks for the info
Neither of those countries currency would survive a full out currency war....
Was it really the 1920’s or was it post WWII? I don’t actually remember which it was. (regarding info in the article)
;)
Agree.
Got to run out for a bit. Thanks to all.
” Iran, Turkey and Russia may start doing business in their national currencies, suggesting that the days of the U.S. dollar as the international reserve currency may be numbered.”
not gonna happen. All three of those currencies are collapsing at this very moment, particularly Iran ... and besides nothing is preventing them from selling their oil and other good in exchange for payment in their own worthless currencies ... so, Iran, Turkey, and Russia: go for it! Only accept your own currencies when you sell your stuff!
To be honest, I hope Russia and China succeed.
The dollar is Fake Money and allows this country to screw over the rest of the worlk and also finances the welfare-warfare-big-government state.
The world should go back to the gold standard.
NOt for nothin..the dollar’s recent rise is putting the screws to them.
This has been a pretty common theme for a long time.
paging captain obvious....
Bretton Woods in 1944. WWII bankrupted most of the world...and nearly us as well.
You think you want that.
Without a successor to the dollar, it gets kind of sketchy.
While we want sound economic policies, we do not want a deflationary crisis.
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