Wednesday, February 16, 2011

End of Dollar as Reserve Currency

More from the Global Settlement people. Apparently the dollar will be replaced some time this year as reserve currency, which is BIG news! There are rumours in the MSM about the SDR's of the World Bank, which would be more of the same, but more interesting and intruiging is this plan, which will level out the playing field much more, and is being pushed by the Chinese:

Plus, here is a sobering hour-long presentation about the consequences of a dollar devaluation:

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