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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (60360)	1/23/2010 6:51:10 PM
From: elmatador	Read Replies (1) \| Respond to of 217977

The Bretton Woods agreement lasted for just two decades, not 50, and the UK did not "ride it". We were discussing, then you added: In the face of increasing financial strain, the system collapsed in 1971. In reality, only in Pittsburg 2009, and after the Chinese put pressure to remove the USD it was put into the agenda getting rid of the G-7, which was a cartel of currencies that continued Bretton Woods as Bretton Woods II. They did not want to relinquish their power. Continued until threw the world economy into the dust bin. UK, I repeat, wants to be around the table and in control, even being the case that it was the Chinese that asked for the IMF to be part of the new construction.