My comment: One of the consequences of PM Putin´s trip to Beijing is that all new deals will be conducted either on yuan or in rubles, no longer in US dollars.
Putin fuels dedollarization speculations http://russiatoday.com/Top_News/2009-10-14/putin-fuels-dedollarization-speculations.html Peace and best wishes. Xi On Oct 12, 3:20 pm, xi <[email protected]> wrote: > My comment: Maybe, what Robert Fisk predicted some days ago to happen > in 2018 (*) is happening already. At least, it seems that this trend > is accelerating. For the first time, in 2nd quarter 2009, US dollar is > not the most acquired currency for foreign reserves. > > http://www.imf.org/external/np/sta/cofer/eng/cofer.pdf > > Dollar Reaches Breaking Point as Banks Shift > Reserveshttp://www.bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o > > Peace and best wishes. > > Xi > > (*)The demise of the dollar: By Robert > Fiskhttp://groups.google.com/group/world-thread/browse_thread/thread/8bc4... --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
