2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.38

+2.7%

Nov 10 4:00 PM EST

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To: GPS Info who wrote (68098)	11/12/2010 9:29:04 PM
From: TobagoJack	2 Recommendations Read Replies (3) of 217662

yuan is internationalizing as we speak its clearing bank is finance.yahoo.com note the price trajectory and momentum china is aligning trading partners to use rmb as marker for exchange burma, hong kong, ... africa leading on to india, brazil, russia, and australia eventually laying siege to persia and deserts west finally, dictating to japen, korea, and laying down the law to europe 2020 sounds about right, as it is not too far of my time line of 7-15 years for as china gdp inflects over that of usa gdp point of destination, 35% of global gdp in the mean time, as to << I can't see how it can become a world currency while still pegged to the dollar? It seems that China can't have it both ways>> ... i believe enough folks are getting it wrong re the peg. china is numero uno trading partner with many nations and regions, and trades about equally with usa vs euro zone it makes little difference whether rmb is pegged to usd or euro or basket comprised of many currencies as long as rmb is pegged to something, it is pegged to everything, because that which rmb is pegged to is automatically if not explicitly soft-pegged to everything else by natural laws the decline of manufacturing in usa has nought to do with rmb peg and has everything today with everything else usa does and chooses to do it is just time rmb dollar link is a useful but misleading artifact of the unthinking and nothing more

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