Countries all over the world are meeting for a purpose that concerns you greatly, whether or not you’re American: disuse of the US dollar.
Since the outbreak of the Ukraine crisis the end of the US dollar seems closer than ever. In move-after-move, Russia and China have become closer allies. There are numerous examples of this. For brevity’s sake, two recent examples catch the eye. Gazprom issued bonds in the Chinese Yuan and Russia and China also signed a gas deal. There are many more examples. 40 central banks have even placed bets on the yuan as the future reserve currency.
Until 2014 tales of dollar collapse seemed to be for conspiracy nuts, as geopolitics only faintly reflected this seeming reality. This year, that all has changed. It seems nation-states the world over are making moves towards a post-US Dollar world. It is not a matter of “if,” but “when,” and if you don’t understand this coming-to-pass you will be in for quite the shock…and awe.
The world is setting up the financial and economic infrastructure to simply ignore the United States entirely. What can the US do about it? Bomb more countries. But I am not so sure that is entirely possible for the US like it was just one decade ago. Humanity has awoken and already one war (Syria) was stopped by public outrage. There will be more such wars stopped by popular opposition.
The US’s compromised position means one thing: China and Russia will make their moves, playing chess while Obama plays checkers.
– China called for a new reserve currency in 2013
– Japan and India signed a currency dealing linking their currencies in 2011.
– Gulf Arabs are planning – alongside China, Russia, Japan and France – to end dollar dealings for oil, using instead a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Source Dollar Vigilante
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