US Treasury Secretary Janet Yellen's admission in Paris suggests forthcoming regional bank failures or consolidations. She advocates for balance sheet expansions of the IMF and World Bank to tackle the impending global crisis. Yellen acknowledges the rising competition from the east and the BRICS, highlighting the US dominance in flooding the global system with fiat dollar denominated debts. Bestselling author James Rickards predicts a transition to a gold-linked currency trade settlement system by the BRICS+. While some may be skeptical, his claims await validation in the near future.