The stench of U.S. economic Decay: Russia and China dump the dollar, Dr. Paul Craig Roberts www.infowars.com www.prisonplanet.tv 29th November 2010 on Thanksgiving eve of the English language China Daily and People's Daily Online, Russia and China signed an agreement to abandon the use of the dollar in bilateral trade and use their money instead of him. The Russians and Chinese, said they had taken this step in order to insulate their economies fromThe risks undermining confidence in the dollar as world reserve currency. Since China has a large and growing supply of dollars in surplus from trading, trade, China has reported that Russian ruble and the Brazilian a little 'more real U.S. dollars. This is great news, especially for downtime news on Thanksgiving, but I have not seen reported Bloomberg, CNN, New York Times or anywhere in the U.S. press and TV media. The ostrich's head remains inSand. Before China joined the agreement with Brazil. Since China has a large and growing supply of dollars in surplus from trading, trade, China has reported that Russian ruble and the Brazilian a little 'more real U.S. dollars. The American financial press finds comfort in the consequences of public debt in EU terror send the dollar against the euro and British pound. But that currency fluctuations are only measures of financial players short troubled EU...
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