Thanks, World Reserve Currency, But No Thanks: Australia And China To Enable Direct Currency Convertibility
A month ago we pointed out that as a result of Australia's unprecedented reliance on China as a target export market, accounting for nearly 30% of all Australian exports (with the flipside being just as true, as Australia now is the fifth-biggest source of Chinese imports), the two countries may as well be joined at the hip.
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2 comments:
This literally is the beginning of American prosperity as currently structured.
The rest of the world will begin trading in Chinese yuan. This, as well as the Fed's printing 80 billion dollars a month will devalue the dollar so much it will bring down the United States Government.
Can't happen soon enough.
Oh, we will survive just like Russia and Eastern Europe and it will purge all the Socialists/Marxists from Government.
The beginning Of The End
Z seecret iz out!
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