New Asian Union Means The Fall Of The Dollar
Posted: January 1st, 2012, 8:28 pm
While everyone was celebrating Christmas, the US dollar took a turn for the worse. Japan has indeed entered into an agreement to drop the US dollar in currency exchange with China.
This means that the two largest foreign holders of U.S. debt and Greenbacks will soon be in a position to tap into an export market far more profitable than that of America, and that all of this trade will be facilitated by currencies OTHER THAN THE DOLLAR. It means the end of the dollar as the world reserve currency, and probably the end of the dollar as we know it.
http://www.bloomberg.com/news/2011-12-2 ... costs.html
Video - China, Japan to back financial trade
http://www.youtube.com/watch?v=9m6BZFYkOqA
This means that the two largest foreign holders of U.S. debt and Greenbacks will soon be in a position to tap into an export market far more profitable than that of America, and that all of this trade will be facilitated by currencies OTHER THAN THE DOLLAR. It means the end of the dollar as the world reserve currency, and probably the end of the dollar as we know it.
http://www.bloomberg.com/news/2011-12-2 ... costs.html
Video - China, Japan to back financial trade
http://www.youtube.com/watch?v=9m6BZFYkOqA