Some Commodity Producers Are Now Being Offered CNY, Not Dollars
Some Commodity Producers Are Now Being Offered CNY, Not Dollars By Michael Every of Rabobank "Johnny's in his room, building a bomb," are words spoken by no…
Source: biztoc.com
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Some Commodity Producers Are Now Being Offered CNY, Not Dollars
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
China And Brazil Strike Deal To Ditch The US Dollar
According to the Brazilian government, China and Brazil have reached a deal to trade in their own currencies, ditching the United States dollar as an intermediary entirely, AFP reported. The deal, Beijing’s latest salvo against the almighty greenback, will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade which amounts to $150 billion per year, and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the US dollar. In doing so China extends its bilateral, USD-exem...
Source: healthimpactnews.com
China And Brazil Strike Deal To Ditch The US Dollar
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
It's Anything But Quiet Out There
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com