I heard from a major business manufacturing client of China that the major manufacturers are no longer accepting dollars, only Euros. Its coming people, slowly but surely, make sure you have some investments outside of US interests. China will drop the US dollar, not by Chinese government policy, but just individual companies across China amounting to a virtual end to the dollar. After that it is a domino effect across the world for the dollar being dropped.
Iraqmire caused it. OffWorld --- In FairfieldLife@yahoogroups.com, Bhairitu <[EMAIL PROTECTED]> wrote: > > Even when I traveled in India in the 1990s they advised to carry only > rupees. Indians were not supposed to possess dollars. So what dollars > or travelers checks I carried I just went to places that exchanged them > for rupees. I was quite amazed that one would wind up with quite a wad > for even $100. They didn't have large denomination bills. Of course > everything cost a fraction of what it did in the US anyway. A Pepsi (or > Thumbs Up) was 10-20 cents (in rupees) to give you an idea of the > economic scale. > > Rick Archer wrote: > > HYPERLINK > > "http://www.thetruthseeker.co.uk/article.asp? ID=7805"http://wwwthetruthseeke > > r.co.uk/article.asp?ID=7805 > > > > > > > > > > > > > > > > > > No dollars, India tells tourists > > > > > > Associated Press January 4, 2008 > > > > > > > > No dollars, just rupees please. > > > > > > In a sign of how the once-mighty U.S. dollar has fallen, India's tourism > > minister said Thursday that U.S. dollars no longer will be accepted at the > > country's heritage tourist sites, including the famed Taj Mahal. > > > > For years the dollar was worth about 50 rupees, and tourists visiting most > > sites in India were charged either $5 or 250 rupees. > > > > But with the dollar at a 9-year low against the rupee -- falling 11 percent > > in 2007 alone and now hovering around 39 rupees -- that deal has become a > > losing proposition for the tourism industry. > > > > T >
