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

To: Snowshoe who wrote (114471)11/30/2015 5:45:55 PM
From: bart13  Read Replies (1) | Respond to of 219601
 
In the SDR re-balancing to add the Yuan, the dollar lost .4%, the Euro 20.9%, the Yen 12.8% and the Pound lost 39.7% of their share of the "previous" value of an SDR.



To: Snowshoe who wrote (114471)11/30/2015 9:05:39 PM
From: carranza2  Respond to of 219601
 
Didn't think it would happen because it is a managed currency. Perhaps China has until 10/16 to do away with management. If so, serious investment repercussions.



To: Snowshoe who wrote (114471)12/1/2015 11:12:01 PM
From: TobagoJack  Respond to of 219601
 
re <<It's official...>>

yes, and it is time to get to the serious business of printing money

for printing can be used to buy good stuff

:0)

drinks from there, food from somewhere, and gold from everywhere


and gold can be used to decorate food from a lot of places



in all seriousness, had china not been admitted into the imf sdr basket, we would have had to estimate the longevity / life expectancy of imf and count the years in the single digit


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