The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (570)	12/28/2017 3:39:51 AM
From: elmatador	Read Replies (1) of 13775

BTC is going to be used by Russia and China as Trojan Horse to destabilize the USD. Look to BTC under geopolitical backdrop of Russia and China. Look what the Shanghai Cooperation Organization However, on 28 August 2008 summit it was stated that "Against the backdrop of a slowdown in the growth of world economy pursuing a responsible currency and financial policy, control over the capital flowing, ensuring food and energy security have been gaining special significance". [55] and The address by Putin also included these comments: We now clearly see the defectiveness of the monopoly in world finance and the policy of economic selfishness. To solve the current problem Russia will take part in changing the global financial structure so that it will be able to guarantee stability and prosperity in the world and to ensure progress. The world is seeing the emergence of a qualitatively different geo-political situation, with the emergence of new centers of economic growth and political influence. We will witness and take part in the transformation of the global and regional security and development architectures adapted to new realities of the 21st century, when stability and prosperity are becoming inseparable notions. [57] China and Russia have both opened their form of the SWIFT system. The SWIFT system is a currency clearing system that allows countries to conduct business with one another. Prior to January 2015 all currencies, the world over, were forced to use the US SWIFT. The US abused this privilege in 2012 when Iran was shut out and could not conduct business on a global scale. Their currency immediately experienced a 40% devaluation and Iran went into hyperinflation. Russia stepped in and began trading gold for oil. China quickly followed suit. Iran and Russia have been global enemies every since. What currency will we use to conduct business? Will it be a gold backed currency? Will the US Dollar be around forever? Will China, Russia and the other US creditor nations continue funding the US credit card? While some of these questions seem obvious, they are not as easily answered as you may think. The US Dollar is dying. The Renminbi is rising in prominence and being used in trade all over the world. There are Renminbi/Yuan currency hubs in Vancouver, Los Angeles and The City of London, just to name some of the larger cities where one can easily conduct business, including everyday transactions, in Chinese Renminbi/Yuan. Times are changing and changing very rapidly. According to Voxeu.org the Renminbi (RMB) is rising quickly on the global stage by Sprott Money Fri, 04/28/2017 - 10:39 Zero Hedge

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