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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (113578)6/18/2009 11:42:47 AM
From: Katelew  Respond to of 541622
 
Interesting. Yesterday I read a similar account of agreements between Russia and China to basically shop with each other while bypassing the dollar.

Not being schooled in the currency markets, I'm not sure what this means, i.e. what are the mechanics and what are the ramifications for the dollar, and perhaps by extension, the USA economy.