Today the currency swaps when into effect primarily between Russia and China but other as well and the movement is growing!
Tag Archives: Keynesian Economics
Ditching US dollar: China, Russia launch financial tools in local currencies
The end of the dollar dominance is almost over thanks to Obama and his policies!
China To Launch Yuan Swap Trading With Russian Rubles On Monday
If what this post says does happen it will be the end of the Dollar as a reserve currency.
Oh yeah, take that! – North Korea’s Kim Jong-Un Calls President Obama “a monkey”…
CHINA TO LAUNCH YUAN SWAP TRADING WITH RUSSIAN RUBLES ON MONDAY
One step close to replacing the Dollar with the Yuan/Ruple! When that happens probably by the end of 2015 the New Stock Market will collapse!
Russia forms Eurasian Economic Union with 4 ex-Soviet states
Putin and Russia gain status and power while America is dragged down into 3rd world status under Obama!
Eurasian Economic Union: Russia, Belarus, Armenia, Kazakhstan & Kyrgyzstan
Vladimir Isachenkov reports for the AP that on Dec. 23, 2014, Russia and four other ex-Soviet nations — Belarus, Kazakhstan, Armenia and Kyrgyzstan — completed the creation of a new economic alliance, the Eurasian Economic Union (EEU).
Emblem and flag of the Eurasian Economic Union
The EEU will begin on January 1, 2015. In addition to free trade, the new union will coordinate the members’ financial systems and regulate their industrial and agricultural policies along with labor markets and transportation networks.
Russia had tried to encourage Ukraine to join, but its former pro-Moscow president was ousted in February following months of protests. Russia then annexed Ukraine’s Black Sea Crimean Peninsula, and a pro-Russia mutiny has engulfed eastern Ukraine.
Russian President Vladimir Putin said that the new union will have a combined economic output of $4.5 trillion and bring together 170 million people
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North Korea goes completely offline: Report
Maybe they should be kept off line permanently!
Cuba Move Highlights Marxist Trend in the Americas
And Obama is moving us in that same direction — to a Communist styled state.
McDonald’s Replacing Cashiers with Touch-Screen Tablets – Another Idiocracy Prophecy Come True!
When wages get too high or work rules to restrictive the answer is automation and the result is no jobs!
South Korea says North Korea hacked their nuclear power plant system as precursor to US assault
My the North Koreans should just be taken out before they do something really bad!
Centinel2012 