Historical Shifts. The true meaning of Biden's recent trip to the Middle East wasn't to lower the price of oil in this country. We have our own resources to do that. The true meaning was our loss of dominance in world affairs. We held international power but that's beginning to change. After 50 years the Petrol-Dollar is coming to an end. The BRICS coalition has their own banking system. They represent 40% of the World's population and 20% of its GDP. Egypt, Saudi Arabia and Turkey are requesting membership in the BRICS coalition.