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French President Emmanuel Macron Announces Europe Is Making Plans To Abandon The U.S. Dollar Following The Lead Of BRICS Nations Who Do Not Trust President Joe Biden And His Failed Financial Policies

April 11. 2023

France's President, Emmanuel Macron and China's President ,Xi Jinping

This is a follow up to the April 7, 2023 article "World Nations Form Alliance To Replace The U.S. Dollar In International Trade Due To President Joe Biden's Terrible Economic And Political Policies In A Move That Will Cost America Trillions In Revenues." China, Russia, India, Brazil and South Africa (BRICS nations) are abandoning the U.S. dollar as the world's reserve currency (for trade in the international community). Kenya and Ghana have also expressed interest in doing the same, as has Mexico, who seek to join the BRICS nations.

On April 9, 2023, after a meeting with China's President Xi Jinping, French President Emmanuel Macron announced Europe needs to abandon the U.S. dollar as well. The European Union is comprised of 27 nations with a combined 500,000,000 people. The BRICS nations consist of nearly 3-billion people. The financial impact to America will be catastrophic. America will lose trillions of dollars due to the world abandoning the dollar.

Last month Europe was taken aback by the sudden collapse of three prominent U.S. banks (Three Prominent American Banks Collapse Under President Joe Biden's Watch (Video)). It created financial losses in America, Britain and Europe as well, as it damaged the historic European banks Credit Suisse and Deutsche Bank.

Emmanuel Macron

This past Sunday, Macron stated, "Europe must not depend on the United States and the dollar. Europe has become more dependent on the United States in recent years, but it must strengthen its strategic autonomy and not depend on the extraterritoriality of the dollar." Macron additionally stated Europe must not be "America's followers."

Macron further stated Europe needed to reduce its dependency on the U.S. for weapons and energy. Lastly, Macron declared Europe needs to stay out of the conflict between America and China. The world is stating Biden is trying to start World War III via threatening military action against China action over Taiwan. Geographically, Taiwan is right off China's coast. It was once a part of China's territory. It is similar to Miami Beach being islands off the coast of Miami, Florida or the U.S. Virgin Islands being an offshore U.S. territory.

Barack Obama and Joe Biden

The world is realizing Biden cannot be trusted nor can his puppetmaster, former President Barack Obama, as they are crashing the U.S. economy. Neither know anything about economics. They are not following a sound economic plan. They are wreaking havoc and destruction with the goal of rebuilding America and the world to their liking (Joe Biden Administration Speaks Of A 'New World Order' And 'Liberal World Order' While Wrecking The U.S. Economy To Bring It About (Videos)).

In doing so they are creating an enormous amount of financial loss and suffering in America, via record inflation. Centrists and conservatives have opposed Biden's economic policies, but as he is President, it has given him a leg up to do as he wishes, and he's done pure madness that has brought immense financial loss.

The U.S. economy is tanking and Biden (and Obama) are trying to cover it up. The three banks financially collapsing out of nowhere was a bad sign. The financial damage in America has started to spread to the world. Hence other nations in the international community seeking to isolate themselves from the damage. America never had this problem prior to Biden.

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