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Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!

 
gebahie

User ID: 10118097
United States
11/17/2012 04:22 AM

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Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
A "renminbi bloc" has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China's successful bid to internationalize its currency, a research report has said.

The Peterson Institute for International Economics, or PIIE, said in its latest research that China has moved closer to its long-term goal for the renminbi to become a global reserve currency.


[link to www.chinadaily.com.cn]
Anonymous Coward
User ID: 10097155
United States
11/17/2012 05:06 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
It was swift..

It was quiet..

It was harsh..

It is devastating..

So wave and say 'GOOD BY' to any sense of security you had America, even Israel abandoned you. With your moneys to boot.
Anonymous Coward
User ID: 11831752
Japan
11/17/2012 06:33 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Look at the Bright Side...

The Psychopaths, Malignants, Sociopaths, Megalomaniacs, Deviants, Despots, and Miscreants, have not abandoned the U.S.

The Frenzy of Economic theft, Moral Decay, and Darwinian Selection Principals of like minded creatures still rules.

The U.S. just needs to find New Markets to export their [Product].

Human Trafficking, and Animal Husbandry of [select] deviants is the wave of the future.

The Darwinian Selected Beast, and Animal Husbandry of Humans is the product of the future.

Get on Board Man...

?
Anonymous Coward
User ID: 23347181
11/17/2012 06:33 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
bump
Tom Foolery
User ID: 27896167
Australia
11/17/2012 06:37 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Will that mean things from the USA become really cheap for us Aussies?
Anonymous Coward
User ID: 1121444
United States
11/17/2012 06:40 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
the days of the Dollar being the World's Reserve Currency are indeed Numbered! hiding
Mr. Toppit

User ID: 26466623
United States
11/17/2012 06:41 AM

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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
As the commercial from China said: Now we work for them.
Mr. Toppit

User ID: 26466623
United States
11/17/2012 06:41 AM

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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
As the commercial from China said: Now we work for them.
Mr. Toppit

User ID: 26466623
United States
11/17/2012 06:41 AM

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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
As the commercial from China said: Now we work for them.
Anonymous Coward
User ID: 27855699
Australia
11/17/2012 06:42 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Go back to a gold/silver standard and watch the rest of the world renew their faith in the dollar as the reserve currency.

But truth is you have to un-learn so many perpeuated 'truths' that has been shoved down your throat.

there is so much un-learning you have to do before we even enter a discussion about gold as money etc.
Anonymous Coward
User ID: 27044626
United States
11/17/2012 06:46 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
It was swift..

It was quiet..

It was harsh..

It is devastating..

So wave and say 'GOOD BY' to any sense of security you had America, even Israel abandoned you. With your moneys to boot.
 Quoting: Anonymous Coward 10097155


...correction, you abandoned Israel.
Anonymous Coward
User ID: 27044626
United States
11/17/2012 06:49 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!


hf ura
Hypertiger

User ID: 12277324
Canada
11/17/2012 06:50 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
It's because the supply of US Dollars to sustain the world is drying up...

US consumers have reached their maximum potnetial to be the demand of the world.

That is why China and the EU are collapsing.

It's why now is a good time to cut off the supply of US dollars to Iran.

if sanctions would have been imposed years ago...when the USA required Iran as a supply.

But now that the USA/Global trade system doesn't need Iran for a supply...they are ok to be cut off from the supply.
Anonymous Coward
User ID: 27044626
United States
11/17/2012 06:51 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
But truth is you have to un-learn so many perpeuated 'truths' that has been shoved down your throat.

there is so much un-learning you have to do before we even enter a discussion about gold as money etc.
 Quoting: Anonymous Coward 27855699


hf ura
Anonymous Coward
User ID: 27044626
United States
11/17/2012 06:52 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
But truth is you have to un-learn so many perpeuated 'truths' that has been shoved down your throat.

there is so much un-learning you have to do before we even enter a discussion about gold as money etc.
 Quoting: Anonymous Coward 27855699


hf ura
 Quoting: Anonymous Coward 27044626


Freakin music to my ears man...
Anonymous Coward
User ID: 17599611
Germany
11/17/2012 06:54 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Well, USA's currency/power seems to be coming to a close. Same as when the old British empire currency/power declined. Welcome to a new emerging age. Question is, who's currency/power will become this new age standard?
Anonymous Coward
User ID: 1487375
United Kingdom
11/17/2012 06:58 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
get ready for the new world order dec 2012
Anonymous Coward
User ID: 27298377
Australia
11/17/2012 06:59 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Will that mean things from the USA become really cheap for us Aussies?
 Quoting: Tom Foolery 27896167


Yes, so far as they continue to list prices in American dollars.

Can't wait to stock up from the Book Depository!

5a
Anonymous Coward
User ID: 21926154
United States
11/17/2012 07:01 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Go back to a gold/silver standard and watch the rest of the world renew their faith in the dollar as the reserve currency.

But truth is you have to un-learn so many perpeuated 'truths' that has been shoved down your throat.

there is so much un-learning you have to do before we even enter a discussion about gold as money etc.
 Quoting: Anonymous Coward 27855699


our bankers can lie about gold as easily as they lie about everything else.

People don't lose faith in a currency. They lose faith in the people who control the currency. And that destroys that value of the currency.

A gold-backed currency run by criminals who would back fifty one pound gold notes with one pound of gold would be just as worthless
Anonymous Coward
User ID: 27855699
Australia
11/17/2012 07:11 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Go back to a gold/silver standard and watch the rest of the world renew their faith in the dollar as the reserve currency.

But truth is you have to un-learn so many perpeuated 'truths' that has been shoved down your throat.

there is so much un-learning you have to do before we even enter a discussion about gold as money etc.
 Quoting: Anonymous Coward 27855699


our bankers can lie about gold as easily as they lie about everything else.

People don't lose faith in a currency. They lose faith in the people who control the currency. And that destroys that value of the currency.

A gold-backed currency run by criminals who would back fifty one pound gold notes with one pound of gold would be just as worthless
 Quoting: Anonymous Coward 21926154


i suggest gold as it was used as money in the past and even people today still buy gold. why?

as for a gold back currency, you have to remember that money was created in the market.

no king or a government didnt invent money. Instead they knew that the best way to gain control of the population was to gain control of the money market and thats what we have today.

it makes sense to return the creation of money back into the market.

government should not and nshould never be issued with the responsibility to issue the currency.

free market banking is the best and most sensible solution to resolving the current money crisis.
Ostria1

User ID: 27119727
Greece
11/17/2012 07:11 AM

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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
interesting


South Korea, Indonesia, Malaysia, Singapore and Thailand think about moving and only Hong Kong, Vietnam, and Mongolia stay close to us $
Ostria
Anonymous Coward
User ID: 17599611
Germany
11/17/2012 07:11 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
American has one last hard military fight in them. Obviously they are the No.1 military power at the moment. But after the coming next main fight, they're in decline. Too many fingers in too many pies. They won't, and have now not the money to re-supply their military etc losses. History will continue and pick another country.
Anonymous Coward
User ID: 4428411
United States
11/17/2012 07:24 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Look at the Bright Side...
... Animal Husbandry

 Quoting: Anonymous Coward 11831752


laugh

cruise
Anonymous Coward
User ID: 4428411
United States
11/17/2012 07:26 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
American has one last hard military fight in them. Obviously they are the No.1 military power at the moment. But after the coming next main fight, they're in decline. Too many fingers in too many pies. They won't, and have now not the money to re-supply their military etc losses. History will continue and pick another country.
 Quoting: Anonymous Coward 17599611


Funny, I've never cared if America was the "number 1 country." All I have ever wanted was what was my birthright as a citizen, freedom, and I still have not been given this.

I couldn't care less if America is 1 or 500 as long as we can return liberty to our people and escape the clutches of those who wish us harm.
Anonymous Coward
User ID: 1510193
United States
11/17/2012 07:35 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Doesn't mean a damn thing, people here still use the dollar, doesn't matter if no one in the world used it but us, nothing would change...you don't see us using Yuan or anything other money.

USA controls this world like a puppet.
truth
User ID: 1258225
United States
11/17/2012 07:44 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Will that mean things from the USA become really cheap for us Aussies?
 Quoting: Tom Foolery 27896167


"you get what you pay for", and

"there is a sucker born every minute", and

"you willnot never know what hit you" and

"buy at your own risk" and

if the product falls apart as itis being removed fromits packaging, you will know, "you get what you deserved"
Anonymous Coward
User ID: 24760791
Thailand
11/17/2012 07:47 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
The Yuan is pegged to the USD. It is meaningless.
Anonymous Coward
User ID: 16788901
United States
11/17/2012 07:52 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Look at the Bright Side...

The Psychopaths, Malignants, Sociopaths, Megalomaniacs, Deviants, Despots, and Miscreants, have not abandoned the U.S.

The Frenzy of Economic theft, Moral Decay, and Darwinian Selection Principals of like minded creatures still rules.

The U.S. just needs to find New Markets to export their [Product].

Human Trafficking, and Animal Husbandry of [select] deviants is the wave of the future.

The Darwinian Selected Beast, and Animal Husbandry of Humans is the product of the future.

Get on Board Man...

?
 Quoting: Anonymous Coward 11831752



Your country still needs to atone for the gross atrocities you committed against innocent human being during WWII!

Lesson here for you is to not throw stones when you live in a glass house BITCH!!
Anonymous Coward
User ID: 16788901
United States
11/17/2012 07:54 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
American has one last hard military fight in them. Obviously they are the No.1 military power at the moment. But after the coming next main fight, they're in decline. Too many fingers in too many pies. They won't, and have now not the money to re-supply their military etc losses. History will continue and pick another country.
 Quoting: Anonymous Coward 17599611


Well it certainly won't be Germany! We kicked your asses two different times...
Anonymous Coward
User ID: 16788901
United States
11/17/2012 07:57 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
Will that mean things from the USA become really cheap for us Aussies?
 Quoting: Tom Foolery 27896167


Yes, except firearms! You all can't have those...... SORRY!
Anonymous Coward
User ID: 11014448
United States
11/17/2012 07:57 AM
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Re: Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!
We have the biggest military in the world. We won't go down without a fight.

If the world wants to get rid of the dollar, say goodbye to their country.

A good example of this is Libya aka GHADAFFI.

Come f**** with us. I dare ya. :)

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