Jack Straw: Black Swan Event Anticipated as Petrodollar Comes to an End

6-6-2024

Jack Straw:   On Sunday, June 9, 2024, a “Black Swan” event is anticipated as the Petrodollar comes to an end, leading to a collapse of the global financial system.

With no need for nations to hold U.S. Treasuries as a global reserve asset for oil trade, the U.S. Treasury bond market, which relies on the world’s demand for dollar reserves (off-balance-sheet dollars), will face severe disruption. The termination of the Petrodollar on June 9th eliminates the necessity for countries to maintain U.S. Treasuries as the global reserve asset in oil trade.

Consequently, the Japanese yen is expected to hyper-inflate against their U.S. Treasury holdings, forcing Japan to liquidate all their dollars.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 6 June 2024

Compiled Thurs. 6 June 2024 12:01 am EST by Judy Byington

On Fri. 30 May 2024 SCOTUS Upheld US Dual Banking System Ushering In The Demise of Privately-Owned-by-the-Deep-State-Cabal Federal Reserve Now States Can Bypass The Federal Reserve and Use Their Own Gold Backed Currency

Sun. 9 June 2024 Black Swan Event when the Petrodollar comes to an end = collapse of the Global Financial System. … JFK Jr. Official on Telegram :  There was no longer a need for nations to hold US Treasuries as the Global World Reserve Asset in oil trade. The U.S. Treasury bond market is funded off the World needing dollar reserves aka bank derivatives (off balance sheet dollars). The Japanese Yen will hyper-inflate against their U.S. Treasury holdings. Japan will be forced to liquidate all their dollars

Turkey expresses its desire to become member of BRICS

This was announced by the head of the country’s Foreign Ministry Hakan Fidan

04.06.24 11:45

Turkey wants to join BRICS and it is expected that this issue will be discussed at the meeting of ministers of the association in Nizhny Novgorod. Turkish Foreign Minister Hakan Fidan, who is on a visit to China, made such a statement. This is reported by  South China Morning Post (SCMP).

“Certainly, we would like to become a member of Brics. So we’ll see how it goes this year,” he stated.