This is from Germany....LOVE IT!!! GO global change!!!!!!!!!!!!!!
The new cold war
Published on 6th February 2012 by Charles White
Has already become ...
The U.S. needs - which is now becoming increasingly clear - expect the U.S. dollar's position full global reserve currency can not last much longer, the first clear signs of this are already evident and the development could now bescheleunigen soon after the U.S. have a boycott of Iranian oil proclaimed and the EU imposed, but this obviously does not lead to problems of Iran, dislodge them have oil, but to a general withdrawal from the U.S. dollar for everyone who wants to continue to receive Iranian oil and the with China, Japan, South Korea and other Asian countries are already countries that represent a substantial portion of humanity.
In addition, the commercially available from a number of "non-Western countries" is independent of the oil operation already without the dollar. The blog "antikrieg.com" has released a statement on this development here .
As it is stated:
"* China and Iran are establishing a system that is exchanged in the Iranian oil against imported products from China. This is obviously an agreement that aims to eliminate the sanctions of the United States of America against Iran, because China does not intend to stop the import of Iranian oil. In addition to the exchange system, the two countries will engage in trade and we use the Chinese yuan, the Iranian Rial and gold.
* China and Japan announced plans to circumvent the dollar and to use their own currencies in their trade relations. Discussions regarding a partnership on the currency exchange between South Korea and China have also begun. That's a big step forward, as China, Japan and South Korea are the dominant economic powers in the region of Asia.
* China and Russia have long wrap their trade from more than a year by using rubles and yuan.
* China and the United Arab Emirates (UAE) have provided a deal announced after the Yuan for trade in oil is used. The Chinese National Bank said that this agreement with a value of around 5.5 billion dollars was taken to "strengthen financial cooperation to promote trade and investment and to both sides to ensure the financial stability of the region." (WHY didn't the UN stick BS Sanctions on the UAE? for dumping the petrodollar with china?)
* Russia and Iran have decided to use the ruble as a currency in its trade relations. Russia opposes sanctions, together with China to the United States of America against Iran and intends to maintain a close relationship with Iran.
* China will further expand the bilateral trade with Russia and Malaysia and to use the yuan, the ruble and the ringgit, depending.
* The countries of the BRIC group - Brazil, Russia, India, China and South Africa - agreed at their summit neulichen in Sanya, China, to establish mutual credit lines in the respective currencies. This is again a very significant development, since this group of countries for a very powerful economic bloc in the future.
* The United Nations Conference on Trade and Development has found that "the present system of currency and capital requirements that bind the world economy is functioning properly and are largely responsible for the financial and economic crisis was." And further, that "the dollar should be replaced by a global currency. "
* The International Monetary Fund (IMF) recently issued a statement concerning the replacement of the dollar as world reserve currency by a system of special drawing rights under the name of SDRs, an international currency variant, which was created in 1969 and basically a "basket of national currencies" is which is supported by the full faith and confidence of the governments of member countries.
It looks as if it had any hurry to go along with the abolition of the dollar as reserve currency. This phenomenon could be described as a "home number possible," after many countries who have either lost respect for America or its military access afraid, have found a way to combat physical violence with economic power. That will probably be the case if we consider that this very movement by China, Russia and Iran is run, all no real friends of the United States of America. "
In this case, I've decided to take an extended abstract of this article, because I could have done no better preparation and some of this information had not yet, when I last wrote on this subject.
What are the implications for the United States be made of the decreasing importance of the U.S. dollar? Well, the most important is of course the prestige loss. A sole superpower on the decline will soon bring candidates to the superpower status.
What's more: The tendency is to go to a dollar depreciation. This will be independent from the dollar-euro exchange rate, because the star of Europe could lose ground in the same light as any wealth in the United States. Much more important, the exchange rate will be the dollar against the pound, Swiss franc, the yen, the ruble, the Chinese yuan, the Brazilian real and other currencies that have some international significance.
This will make the import of the U.S. economy with higher costs. On the other hand, the U.S. will thus have the chance to bring back more production to their own country and to export. But that is simultaneously connected to a severe loss of reputation that will make maintaining the status as sole superpower virtually impossible.
Since Obama has already drawn the focus of the military America to the Pacific-Asian region, it is also next to the "cold war" has already been launched: the confrontation of two superpowers, China and the U.S. reactionary.
Addendum to the article
In the blog article (along with another article with similar content) commented as follows:
"This is about the bypass operations because of the Iran embargo. That's nothing in terms of volume, the dollar currently sits firmly in the saddle as a world reserve currency. Forget Iran, which does not matter.
Let's say the competition:
- The euro is dying
- The Chinese yuan is not convertible
- Yen, pounds are overprinted
- CHF & co are too small to accommodate any volume of money "
However, this is not the real development. Of course the dollar as world reserve currency and as the basis of all derivatives orgies is not replaced. But in terms of real goods payments will soon been an essential part of world trade is no longer paid in dollars. If China does not pay more in dollars, to India, to Russia, if Japan and South Korea, its oil pay of Iran in their own currencies, when Brazil, already the sixth largest economy in the world begins, not anything to pay in dollars when the Venezuelan oil can no longer be paid in dollars, then already an integral part of world trade is not paid in dollars.
Of course it is not yet replaced the dollar as world reserve currency, but he is no longer the sole ruler.
The new cold war
Published on 6th February 2012 by Charles White
Has already become ...
The U.S. needs - which is now becoming increasingly clear - expect the U.S. dollar's position full global reserve currency can not last much longer, the first clear signs of this are already evident and the development could now bescheleunigen soon after the U.S. have a boycott of Iranian oil proclaimed and the EU imposed, but this obviously does not lead to problems of Iran, dislodge them have oil, but to a general withdrawal from the U.S. dollar for everyone who wants to continue to receive Iranian oil and the with China, Japan, South Korea and other Asian countries are already countries that represent a substantial portion of humanity.
In addition, the commercially available from a number of "non-Western countries" is independent of the oil operation already without the dollar. The blog "antikrieg.com" has released a statement on this development here .
As it is stated:
"* China and Iran are establishing a system that is exchanged in the Iranian oil against imported products from China. This is obviously an agreement that aims to eliminate the sanctions of the United States of America against Iran, because China does not intend to stop the import of Iranian oil. In addition to the exchange system, the two countries will engage in trade and we use the Chinese yuan, the Iranian Rial and gold.
* China and Japan announced plans to circumvent the dollar and to use their own currencies in their trade relations. Discussions regarding a partnership on the currency exchange between South Korea and China have also begun. That's a big step forward, as China, Japan and South Korea are the dominant economic powers in the region of Asia.
* China and Russia have long wrap their trade from more than a year by using rubles and yuan.
* China and the United Arab Emirates (UAE) have provided a deal announced after the Yuan for trade in oil is used. The Chinese National Bank said that this agreement with a value of around 5.5 billion dollars was taken to "strengthen financial cooperation to promote trade and investment and to both sides to ensure the financial stability of the region." (WHY didn't the UN stick BS Sanctions on the UAE? for dumping the petrodollar with china?)
* Russia and Iran have decided to use the ruble as a currency in its trade relations. Russia opposes sanctions, together with China to the United States of America against Iran and intends to maintain a close relationship with Iran.
* China will further expand the bilateral trade with Russia and Malaysia and to use the yuan, the ruble and the ringgit, depending.
* The countries of the BRIC group - Brazil, Russia, India, China and South Africa - agreed at their summit neulichen in Sanya, China, to establish mutual credit lines in the respective currencies. This is again a very significant development, since this group of countries for a very powerful economic bloc in the future.
* The United Nations Conference on Trade and Development has found that "the present system of currency and capital requirements that bind the world economy is functioning properly and are largely responsible for the financial and economic crisis was." And further, that "the dollar should be replaced by a global currency. "
* The International Monetary Fund (IMF) recently issued a statement concerning the replacement of the dollar as world reserve currency by a system of special drawing rights under the name of SDRs, an international currency variant, which was created in 1969 and basically a "basket of national currencies" is which is supported by the full faith and confidence of the governments of member countries.
It looks as if it had any hurry to go along with the abolition of the dollar as reserve currency. This phenomenon could be described as a "home number possible," after many countries who have either lost respect for America or its military access afraid, have found a way to combat physical violence with economic power. That will probably be the case if we consider that this very movement by China, Russia and Iran is run, all no real friends of the United States of America. "
In this case, I've decided to take an extended abstract of this article, because I could have done no better preparation and some of this information had not yet, when I last wrote on this subject.
What are the implications for the United States be made of the decreasing importance of the U.S. dollar? Well, the most important is of course the prestige loss. A sole superpower on the decline will soon bring candidates to the superpower status.
What's more: The tendency is to go to a dollar depreciation. This will be independent from the dollar-euro exchange rate, because the star of Europe could lose ground in the same light as any wealth in the United States. Much more important, the exchange rate will be the dollar against the pound, Swiss franc, the yen, the ruble, the Chinese yuan, the Brazilian real and other currencies that have some international significance.
This will make the import of the U.S. economy with higher costs. On the other hand, the U.S. will thus have the chance to bring back more production to their own country and to export. But that is simultaneously connected to a severe loss of reputation that will make maintaining the status as sole superpower virtually impossible.
Since Obama has already drawn the focus of the military America to the Pacific-Asian region, it is also next to the "cold war" has already been launched: the confrontation of two superpowers, China and the U.S. reactionary.
Addendum to the article
In the blog article (along with another article with similar content) commented as follows:
"This is about the bypass operations because of the Iran embargo. That's nothing in terms of volume, the dollar currently sits firmly in the saddle as a world reserve currency. Forget Iran, which does not matter.
Let's say the competition:
- The euro is dying
- The Chinese yuan is not convertible
- Yen, pounds are overprinted
- CHF & co are too small to accommodate any volume of money "
However, this is not the real development. Of course the dollar as world reserve currency and as the basis of all derivatives orgies is not replaced. But in terms of real goods payments will soon been an essential part of world trade is no longer paid in dollars. If China does not pay more in dollars, to India, to Russia, if Japan and South Korea, its oil pay of Iran in their own currencies, when Brazil, already the sixth largest economy in the world begins, not anything to pay in dollars when the Venezuelan oil can no longer be paid in dollars, then already an integral part of world trade is not paid in dollars.
Of course it is not yet replaced the dollar as world reserve currency, but he is no longer the sole ruler.