Hi peaceandlove,
It's amazing how the mainstream media is so far behind in what's going down.
I saw on the TV today and yesterday comments on the deal being brokered by China and Brazil to use their own currencies for common trade.
I posted about this ages ago and the idea is not a new one, Brazil already does this with Argentina and other Latin American countries:
http://www.projectavalon.net/forum/s...ad.php?t=12804
This has been in the pipeline for some time and only now the press want to say something.
Best regards,
Steve
Quote:
Originally Posted by peaceandlove
Hi Steve,
Here, we go...more ultimatums!
Brazil and China eye plan to axe dollar
By Jonathan Wheatley in São Paulo
Published: May 18 2009 18:24 | Last updated: May 18 2009 23:31
Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president.
The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency.
Article link: http://www.ft.com/cms/s/996b1af8-43c...nclick_check=1
Looking for another link to this article that doesn't require a person to subscribe like Financial Times.
Here's another link: http://www.truthabouttrade.org/conte...31/54/lang,en/
SOURCE: http://solari.com/blog/
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