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Strategies & Market Trends : ahhaha's ahs

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To: sixty2nds who wrote (16828)4/30/2010 2:54:02 PM
From: ahhahaRead Replies (1) of 24758
 
The World Bank couldn't bail out Eureka S&L.

The IMF is growing in importance. Since the US is determined to stay the course to socialism in time the dollar and FED will be very significantly reduced in clout on the world stage. China wants IMF to issue special SDRs which it can exchange for dollars at scale, and which it could use to make loans to other countries without the questionable socialist dollar as an intermedium. By bypassing the US China isn't constrained by forced cooperation with fool 'crat pols, and would be able to expand into economic areas once exploited by the US.
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