--- In FairfieldLife@yahoogroups.com, "do.rflex" <do.rf...@...> wrote:
>
> --- In FairfieldLife@yahoogroups.com, "Nelson" <nelsonriddle2001@> wrote:
> >
> > --- In FairfieldLife@yahoogroups.com, "do.rflex" <do.rflex@> wrote:
> > >
> > >
> > >
> > > LUXEMBOURG (Reuters) - A U.N. panel will next week recommend that the
> > > world ditch the dollar as its reserve currency in favor of a shared
> > > basket of currencies, a member of the panel said on Wednesday, adding to
> > > pressure on the dollar.
> > >
> > > Currency specialist Avinash Persaud, a member of the panel of experts,
> > > told a Reuters Funds Summit in Luxembourg that the proposal was to create
> > > something like the old Ecu, or European currency unit, that was a
> > > hard-traded, weighted basket.
> > >
> > > Persaud, chairman of consultants Intelligence Capital and a former
> > > currency chief at JPMorgan, said the recommendation would be one of a
> > > number delivered to the United Nations on March 25 by the U.N. Commission
> > > of Experts on International Financial Reform.
> > >
> > > "It is a good moment to move to a shared reserve currency," he said.
snip
> > >
> > Another page in the effort to create problems here as if we don't do
> > pretty well on our own. What BS.
>
>
> Factual reality is a problem for you, "Nelson?"
>
Just observing that the efforts to make us into a third world country are
making progress.
Like Tourq says "facts are often determined by your point of view"
(or something like that).
Unlike many people, I determine my own POV.