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| This article is a good read on the subject.
http://www.zerohedge.com/news/2016-09-29/central-bank-power-shift-w...
John is correct in that those who think the Yuan will not gain relevance as a world currency need to understand the world around them. And it will gain relevance must faster in these troubled times. The US is painting Russia, China and all their allies as the enemy because of the rise of this new currency. Economic warfare will be replaced with physical warfare as the game progresses. Remember in the day it was those evil commie Russians that was the problem, now it is those democratic Russians that are the problem. Same enemy yet the reason is different - interesting how that works. There was peaceful relations for all of what, 10 years in 70 and that 50 year goal of destroying communism in Russia has been obtained but now apparently that was not the issue as the problem still exists.
Countries are getting sick and tired of US players invading countries or destroying their governments and will eagerly adapt a new currency that is seperate from that power. And these countries will be communist, democratic, fascist, Asian, Caucasian, Middle Eastern, Catholic, Muslim, Hindu, Buddhist. The West will have a tough time playing the usual propaganda as more countries move to do business with a second currency and one that is not likely to be manipulated against them. | |
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US Dollar
