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Germany announces settlements in Yuan and Euro... bad F'ing news for USD

 
Frankenstein
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10/06/2012 12:29 PM
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Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Germany announces they will be settling trades bilaterally with China in the Yuan and Euro. Petro dollar takes another big hit.

Comments on this starts at about 9:00



Last Edited by Frankenstein on 10/06/2012 12:32 PM
Frankenstein (OP)

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10/06/2012 12:31 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
This is big fucking news peeps...

bump
Frankenstein (OP)

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10/06/2012 12:39 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
pin it bitch... it's important shit

good shit

Last Edited by Frankenstein on 10/06/2012 12:44 PM
Zombietard

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Argentina
10/06/2012 12:39 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Another nail in the coffin of the petrodollar.
Zombietard

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Argentina
10/06/2012 12:42 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
This is a bit old, but is the confirmation from Reuters.
[link to www.prepperpodcast.com]
Frankenstein (OP)

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10/06/2012 12:43 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
This is a bit old, but is the confirmation from Reuters.
[link to www.prepperpodcast.com]
 Quoting: Zombietard


Thanks for the add... Max mentions this article.
Anonymous Coward
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Greece
10/06/2012 12:46 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
So IF EU starts buying oil in euro or gold, will the US attack EU? I know it's never going to happen, just saying.
Frankenstein (OP)

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10/06/2012 12:50 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
So IF EU starts buying oil in euro or gold, will the US attack EU? I know it's never going to happen, just saying.
 Quoting: Anonymous Coward 24930673


No. Just force the arabs to use the petro.
Frankenstein (OP)

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10/06/2012 12:51 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Thanks for the PIN. It is worthy.
smokahontas

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10/06/2012 12:55 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
It is only a matter of time before the dollar is no longer the world reserve currency... People are gonna be blown away at what this country will look like when that happens. Unfortunately Americans cannot wrap their head around that this will collapse, which what assures that it will.
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
page8844
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10/06/2012 12:55 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
just another reason to keep prepping even more, before it almost becomes impossible. To all the people who have given up on doom or prepping, if you can't see the writing on wall you are blind.
Anonymous Coward
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Germany
10/06/2012 12:56 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Nothing about it in the German News...what means nothing of course
535
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10/06/2012 12:56 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
So IF EU starts buying oil in euro or gold, will the US attack EU? I know it's never going to happen, just saying.
 Quoting: Anonymous Coward 24930673


That would be illogical. The EU is under control and very useful.

If radical elements temporary cause a major issue, military protection from NATO and bases will be removed, including the possibility of spare parts. This would then give a green light, given a plausible excuse, for the country in question to be attacked.

This system has worked quite nicely for over half a century.
Frankenstein (OP)

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10/06/2012 12:57 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
It is only a matter of time before the dollar is no longer the world reserve currency... People are gonna be blown away at what this country will look like when that happens. Unfortunately Americans cannot wrap their head around that this will collapse, which what assures that it will.
 Quoting: smokahontas


Normalcy bias
Anonymous Coward
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10/06/2012 12:58 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
just another reason to keep prepping even more, before it almost becomes impossible. To all the people who have given up on doom or prepping, if you can't see the writing on wall you are blind.
 Quoting: page8844 22626712


I will be asking for who they voted for before offering my peeps. No reason to help a stupid obama supporter
smokahontas

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10/06/2012 12:58 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
It is only a matter of time before the dollar is no longer the world reserve currency... People are gonna be blown away at what this country will look like when that happens. Unfortunately Americans cannot wrap their head around that this will collapse, which what assures that it will.
 Quoting: smokahontas


Normalcy bias
 Quoting: Frankenstein


Exceptionalism.... Human Nature.... SAD!
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Lady Jane SmithModerator
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10/06/2012 12:59 PM

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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
... another domino.

Dominoes
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
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10/06/2012 01:01 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
cool2
Top Hat
Top Hat

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10/06/2012 01:08 PM

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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
This is big fucking news peeps...

bump
 Quoting: Frankenstein


They'll be using ocean going super cargo ships with truck containers stacked 20 high and 15 across chocked full of dollars to ship them back to the FED for destruction.
Jesus. No nation in history will have ever undergone such monumental hyper-inflation before.

Get out now.
GFX guy

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10/06/2012 01:14 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Quote from article:
"...
China is actively taking steps to phase out the US dollar which will decrease volatility in oil and commodity prices and deride the ‘exorbitant privilege' the USA commands as the issuer of the reserve currency at the centre of a post-war international financial architecture which is now failing.

In 1971, U.S. Treasury Secretary John Connally said, "It's our currency and your problem".

China is frustrated with what it sees as the US government’s mismanagement of the dollar, and is now actively promoting the cross-border use of its own currency, the yuan, or also called the renminbi, in trade and investment.

China’s goal is to decrease transactions costs for Chinese importers and exporters.
..."

Link: [link to www.zerohedge.com]
Anonymous Coward
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Sweden
10/06/2012 01:15 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
The economic centers of West and East sidesteps the dollar in mutual trade.

Dollar doom is getting closer...
Anonymous Coward
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Canada
10/06/2012 01:15 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Chinese nazis. This is gonna be funny.
Anonymous Coward
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10/06/2012 01:18 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
germany better be ready for the invasion... do they have WMD or a dictator or no democracy there that we could export ours to...:)
Your goin down
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10/06/2012 01:20 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
I think I speak for my country's leaders when I say that we will now have to bomb Germany...uhm...for those WMDs they've been working on.

I of course don't support this action, but am just reporting the normal strategies employed by the USA when the dollar gets threatened. No offense my sauerkraut-loving friends...
Anonymous Coward
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Germany
10/06/2012 01:21 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Chinese nazis. This is gonna be funny.
 Quoting: Anonymous Coward 20610884


They already own a few of our high-tech companies and many forests.

Check out what's happening in Boise, Idaho and you will see it's no laughing matter...
Anonymous Coward
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10/06/2012 01:21 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Ha, we said the same friggen thing. Boy, we know our own!
Anonymous Coward
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Germany
10/06/2012 01:24 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Don't worry. The rise of the Fourth Reich (aka U.S.A) has just begun. Means, the Dollar will still be the number one currency (at least as long as the Fourth Reich will exist ... 12 more years?).
Anonymous Coward
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Poland
10/06/2012 01:26 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
clappa

bandtrioaccordion
pdance
Sharty Mc Bean

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Germany
10/06/2012 01:32 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
nuke germany! oh.. wait.!
Anonymous Coward
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10/06/2012 01:35 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Thought this was a bullshit thread so I did a little research and sure enough !!!!!!!!!!!!!

Its fucking True !!!!

WOW ! This is fucking HUGE! You would think it would effect Precious Metals and the Dollar but TPTB have a jackbooot hold on all the trading. Now I know why Bennie announced QE4ever unlimited prinitng because the printing press is what is supporting the dollar now !!!!

Prepare !
Anonymous Coward
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10/06/2012 01:35 PM
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Re: Germany announces settlements in Yuan and Euro... bad F'ing news for USD
Here is the link for the story because its a Royters article the link appears in the first post of this thread
[link to www.goldismoney2.com]

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