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On March 22, 2023, when China’s Xi Jinping was leaving Moscow, his parting words to President Putin was about “change not seen in a hundred years.”
He made sure that the news media heard that statement, as he wanted the world to know that the US dollar hegemony was ending. More specifically, I believe, it was a reference to the passage of the Federal Reserve Act in 1913, which occurred 110 years ago. That Act led to the creation of the Federal Reserve (debt) Note, which became the dominant currency in the world. This ultimately led to the weaponization of the dollar, as the US government used it to control most nations in the world.
President Xi announced that this was coming to an end. It will not be long until the BRICS nations will have to come up with a new and very long acronym, because so many countries will be joining it. And this will be an entirely new economic coalition that will isolate the USA from most of the world. The attempt to isolate Russia is backfiring. Just China, India, and Russia alone constitute about 42 percent of the world’s population.
From a prophetic standpoint, this is extremely important. The creation of the Federal Reserve in 1913-1914 represented the start of the final stage in the power of Mystery Babylon in our day, as well as the start of the Laodicean era of the church. That era, the so-called “New World Order,” is now coming to an end and will soon be known as the Old World Order. The kings from the east have dried up the Euphrates, so to speak, creating a liquidity crisis in the banks of Babylon.
From a long-term perspective, I see the year 2024 as being one of the most important prophetic years in history, dating back to Israel’s Jordan crossing 7 x 490 years earlier. What started with the downfall of the Canaanites years ago has now expanded to a world war. Canaan’s downfall came 828 years (2 x 414) after Noah’s curse on Canaan in Genesis 9:25. Today, a longer cycle has passed since the Jordan crossing, which is 8.28 x 414 years.
Xi’s prediction was based on real knowledge of the current situation, of course, but from our perspective, he also prophesied the end of Mystery Babylon and the rise of the empire of Cyrus, the type of Christ in Isaiah 45:1. In Daniel’s day, Persia was the second beast empire, pictured as a bear in Daniel 7:5. But Persia also represented the Kingdom of God insofar as its calling to overthrow Babylon. Remember that Darius the Mede reorganized the kingdom into 120 satraps (or provinces), each with a governor. Daniel was a top governor (Daniel 6:1, 2, 3).
God has use for everyone, whether they know Him or not. Most prophecy is inadvertent. Both Cyrus and Darius did what came natural, not realizing that they were establishing prophetic patterns for the distant future. We are now seeing those patterns being fulfilled, though few Christians have actually picked up on this. Most Christians have been taught that the kings from the east are evil and must be opposed. Their views reflect the Babylonian position, which naturally opposes anyone that might threaten the authority and existence of Babylon.
Look at it this way. Daniel stayed out of the fight, but if he had been outspoken in support of Babylon, it is not likely that Darius would have made him one of the top three governors. Daniel was respected for knowing the divine plan. He knew from Jeremiah’s writings that Babylon had been given 70 years in which to rule. He was willing to serve the kings of Babylon during that time. But there came a point where he had to retire and remain neutral, knowing that a major shift in world politics was about to take place.
We are now at the other end of this prophetic cycle. We must be prepared to think and act far beyond the vision of world evangelism. We are seeing a shift in economics and politics, and this will affect every area of life, judicial, social, and religious. In other words, it is not enough to go out and get people saved. The Great Commission is becoming greater. Whereas many Christians have avoided such “secular” things as if they were carnal or evil, we have now come to a time where some of us have to influence the financial and political world and, where possible, put these on a Kingdom foundation.
Another Lehman Crisis
The collapse of Credit Suisse was another “Lehman crisis,” comparable to what happened in 2008, only much greater. Hence, it is interesting that the Credit Suisse chairman is named Axel Lehmann. What are the odds of the chairman having virtually the same name as Lehman Brothers? The only difference is the double “n” ending.
https://www.zerohedge.com/markets/credit-suisse-chairman-tells-angry-shareholders-i-am-truly-sorry
Credit Suisse Group AG Chairman Axel Lehmann told a room of shareholders that he was "truly sorry" the Swiss bank imploded and for the controversial takeover by UBS…
And clearly, failure wasn't an option: On Monday, Swiss National Bank Vice President Martin Schlegel told broadcaster SRF in an interview that Credit Suisse faced imminent failure if not sold to UBS. He said, "It's very, very likely a financial crisis in Switzerland and worldwide would have happened."
This is the same language used in 2008 in regard to the Lehman Brothers collapse. It nearly took down the entire banking system worldwide in 2008, and it would have been worse in 2023.
The Rules Based World Order
They used to be so proud of being ruled by “the rule of law.” Have you noticed how this has now been replaced by a “rules based” system? Words make a difference. Changes in wording are seldom explained to the public, but there are always reasons for doing so.
What is the difference between laws and rules? Well, we now know, because the collapse of Credit Suisse has explained it to everyone. In agreeing to merge Credit Suisse with UBS, they broke at least three very important laws, with the excuse that if they had not done so, the bank would have collapsed the whole world.
The first law broken was that shareholders were not consulted first to see if they would agree to the UBS takeover. The second was that they waived all competing offers. The third was they gave undue preference to shareholders—who might salvage something by owning shares in the bank. The AT1 bondholders get nothing, even though their registered securities took precedence over the shareholders. These bondholders stand to lose about $18 billion.
So now we know what it means to be in a rules based system. Laws are the foundation of business and society in general. Rules are made to be broken. It is now clear that contracts have lost their underpinning and are at risk. No doubt, many bankers are nervous.
This saga is still ongoing. Tomorrow should decide the fate of Credit Suisse.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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