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| 08:49 PM | ||
| Users Online Now: 2,053 (Who's On?) | Visitors Today: 1,736,388 | |
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| 08:49 PM | ||
USA Approves Yuan SDR inclusion!!!!!!! | |
| Anonymous Coward User ID: 885744  United States09/27/2015 10:13 PM Report Abusive Post Report Copyright Violation | |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 10:15 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 68717544 United States09/27/2015 10:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1390231 United States09/27/2015 10:22 PM Report Abusive Post Report Copyright Violation | |
Machine42  User ID: 68561409 United States09/27/2015 10:26 PM Report Abusive Post Report Copyright Violation | |
| bender rodriguez User ID: 68811632 United States09/27/2015 10:31 PM Report Abusive Post Report Copyright Violation | |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 10:32 PM Report Abusive Post Report Copyright Violation | |
| neveroffline User ID: 1422737 United States09/27/2015 10:36 PM Report Abusive Post Report Copyright Violation | Nothing better than Nov 2016 doom (laugh). Just a FYI - this particular doom, the Yuan taking over as the world currency has been predicted dozens of times before - most recently this year and months and recent weeks. Of course it didn't. But - thanks for the hope for Nov 2016. |
| Anonymous Coward User ID: 69867734 United States09/27/2015 10:41 PM Report Abusive Post Report Copyright Violation | ... Quoting: ZazzFanClub 69798016 Remember 1934? Think it can't happen again? I agree with Armstrong when he says you will pray for inflation.  I actually agree that there will need to be a new gold backed dollar. What I think they might do using the global currency reset and new gold backed dollar is contract the national debt by valuing it in the new gold backed currency. So the new gold backed dollar will be with lets say 90% more than the old dollar. They might do an exchange rate for every 10 old dollars they give u 1 new gold backed dollar. Then our national debt goes from 18 trillion to 1.8 trillion. have u even heard of Crypto u speak like a bot stuck in the 90's The elite do not want to give up control so they recently labeled cryptocurrency a commodity! So it looks like the world will still run a world reserve currency but people will use commodities such as gold silver and cryptocurrency to store value. Cryptocurrency wont knock out without a revolution by the people. This could happen. But it wouldnt come without a fight. The elite plan for the world to be run by a new world reserve currency thats gold backed and they plan on having a global currency reset. What will ultimately win in the end?? Time will show! your reply is ok ur intelligence not beyond hope Cryptocurrency is the rise of Super Computing Super Network Strenght combined with unbreakable encryptions, the rest is history, those who stand in its way will follow the same fate as those who traded sea shells u like a complete bunch of brain dead fools, stop wearing suits n saying u work in finacial services if u have no idea wat Crypto is your already staring in the face if Armageddon !!! |
| Anonymous Coward User ID: 70322794 United States09/27/2015 10:42 PM Report Abusive Post Report Copyright Violation | Nothing better than Nov 2016 doom (laugh). Quoting: neveroffline Just a FYI - this particular doom, the Yuan taking over as the world currency has been predicted dozens of times before - most recently this year and months and recent weeks. Of course it didn't. But - thanks for the hope for Nov 2016. so you predict the dollar will remain 47% of the sdr weight even though china is effectively the largest economy in the world now? sorry, that does not compute. if anything, the dollar's current weight (which is directly because of the dollar's reserve status and that sole reserve status is clearly being undone) would be reduced substantially and a near parity between the dollar and yuan will emerge. few can predict what the new weighting will be and when it will take effect. perhaps it already is taking effect and the market turmoils are indicators of the valuation changes required? |
| Anonymous Coward User ID: 69867734 United States09/27/2015 10:43 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 48386968 United States09/27/2015 10:45 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 70177328 United States09/27/2015 10:54 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 69446686 United States09/27/2015 11:03 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 37333179 United States09/27/2015 11:05 PM Report Abusive Post Report Copyright Violation | ... Quoting: AAONMS 70286388 “The train delivering the SDR to President Xi in time for the November 2016 G-20 Summit in Hangzhou remains on schedule,” said David Loevinger, managing director of emerging-markets sovereign research at asset manager TCW Group Inc. in Los Angeles. There’s “plenty of wiggle room” within the IMF criteria to allow China to meet the fund’s requirements, said Loevinger, a former senior coordinator of China affairs at the U.S. Treasury. The IMF’s executive board will make a decision on the yuan reserve-currency issue as soon as November. Approval requires 70 percent of the fund’s voting shares, and even if the U.S. opposed the move, the nation would need several allies because the U.S. has about 17 percent of votes. Many analysts have been predicting approval. The U.S. and China also look forward to continuing to discuss methods to facilitate yuan trading and clearing in the U.S., according to the joint statement. U.S. Treasury Secretary Jacob J. Lew in previous comments this year has put the onus on China to prove the yuan belongs, saying the country needs to further liberalize its currency policy and complete financial reforms before it can get the IMF’s nod. Friday’s shift brings the U.S. closer to the positions of the U.K. and France. In a speech Tuesday in Shanghai, U.K. Chancellor of the Exchequer George Osborne said he’d like to see the yuan added to the IMF basket as the currency becomes increasingly important in global markets and “meets existing IMF criteria.” French Finance Minister Michel Sapin said last week in Beijing that France favors including the yuan in the SDR basket, though China still needs to meet the IMF’s technical requirements first, according to Francois Coen, Sapin’s spokesman.  It looks like the SDR will take over the dollars place in November as the new world reserve currency!!! This means that a global currency reset must be coming soon!!!! All those rumors were right!!! op- stop replying to your own posts fucking drama queen |
| Anonymous Coward User ID: 69446686 United States09/27/2015 11:13 PM Report Abusive Post Report Copyright Violation | |
| neveroffline User ID: 1422737 United States09/27/2015 11:19 PM Report Abusive Post Report Copyright Violation | Nothing better than Nov 2016 doom (laugh). Quoting: neveroffline Just a FYI - this particular doom, the Yuan taking over as the world currency has been predicted dozens of times before - most recently this year and months and recent weeks. Of course it didn't. But - thanks for the hope for Nov 2016. so you predict the dollar will remain 47% of the sdr weight even though china is effectively the largest economy in the world now? sorry, that does not compute. if anything, the dollar's current weight (which is directly because of the dollar's reserve status and that sole reserve status is clearly being undone) would be reduced substantially and a near parity between the dollar and yuan will emerge. few can predict what the new weighting will be and when it will take effect. perhaps it already is taking effect and the market turmoils are indicators of the valuation changes required? I predict your prediction of the Yuan being the world's currency is false. It's been proven false time and time again. One date you predict it happens on passes, and you bunch come up with another - over a year away. You remind me of the Tabula folks. Lastly, if you predict the Yuan would be the next "fiat" world currency - the US could just default and not pay jack back to China, and boom. But that is just speculation. |
| bender rodriguez User ID: 70418044 United States09/27/2015 11:21 PM Report Abusive Post Report Copyright Violation | It looks like the SDR will take over the dollars place in November as the new world reserve currency!!! This means that a global currency reset must be coming soon!!!! All those rumors were right!!! op- stop replying to your own posts fucking drama queen yup. he's heavily invested in this thread. little unusual. |
| Anonymous Coward User ID: 69747733 United States09/27/2015 11:21 PM Report Abusive Post Report Copyright Violation | |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 11:21 PM Report Abusive Post Report Copyright Violation | the only thing that sux is that they wont be added till nov. of 2016. Quoting: Anonymous Coward 69446686 “The train delivering the SDR to President Xi in time for the November 2016 G-20 Summit in Hangzhou remains on schedule,” said David Loevinger, managing director of emerging-markets sovereign research at asset manager TCW Group Inc. in Los Angeles. There’s “plenty of wiggle room” within the IMF criteria to allow China to meet the fund’s requirements, said Loevinger, a former senior coordinator of China affairs at the U.S. Treasury. The IMF’s executive board will make a decision on the yuan reserve-currency issue as soon as November. Approval requires 70 percent of the fund’s voting shares, and even if the U.S. opposed the move, the nation would need several allies because the U.S. has about 17 percent of votes. Many analysts have been predicting approval. No its this november!!! It says decision to add yuan to SDR is this November! Train Delivering the SDR to president Xi in time for November 2016 G-20 |
| Anonymous Coward User ID: 48386968 United States09/27/2015 11:22 PM Report Abusive Post Report Copyright Violation | |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 11:22 PM Report Abusive Post Report Copyright Violation | ... Quoting: AAONMS 70286388 It looks like the SDR will take over the dollars place in November as the new world reserve currency!!! This means that a global currency reset must be coming soon!!!! All those rumors were right!!! op- stop replying to your own posts fucking drama queen yup. he's heavily invested in this thread. little unusual. I think this is the most important thread of the year. Do you have a problem with that?? Why? |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 11:26 PM Report Abusive Post Report Copyright Violation | ... Quoting: AAONMS 70286388 It looks like the SDR will take over the dollars place in November as the new world reserve currency!!! This means that a global currency reset must be coming soon!!!! All those rumors were right!!! op- stop replying to your own posts fucking drama queen yup. he's heavily invested in this thread. little unusual. You have a case of frog in water syndrome! You dont think anything is wrong unless the pot of water is already boiling. Sorry I choose to jump out of the pot before it starts to boil. Feel free to stay in the pot!! |
| Anonymous Coward User ID: 70130733  Canada09/27/2015 11:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 64014600 United States09/27/2015 11:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 48386968 United States09/27/2015 11:30 PM Report Abusive Post Report Copyright Violation | |
| neveroffline User ID: 1422737 United States09/27/2015 11:30 PM Report Abusive Post Report Copyright Violation | I think this is the most important thread of the year. Do you have a problem with that?? Why? Quoting: AAONMS 70286388 Many of us have a problem with users who quote themselves, bump their own threads, and literally talk nonsense. I don't want to speak for the others here objecting to your BS, but it's still your BS. Sensational title leading to end of world doom or w/e and nothing of substance or of any factual basis. I'm basically waiting for you to break into scripture and more false predictions. |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 11:32 PM Report Abusive Post Report Copyright Violation | I think this is the most important thread of the year. Do you have a problem with that?? Why? Quoting: AAONMS 70286388 Many of us have a problem with users who quote themselves, bump their own threads, and literally talk nonsense. I don't want to speak for the others here objecting to your BS, but it's still your BS. Sensational title leading to end of world doom or w/e and nothing of substance or of any factual basis. I'm basically waiting for you to break into scripture and more false predictions. I see so you dont think the Yuan being included into the SDR is a big deal? Ok so be it. Believe what you want. |
| AAONMS (OP) User ID: 70286388 United States09/27/2015 11:35 PM Report Abusive Post Report Copyright Violation | you thing Federal Reserve Bank of NY will give up their golden goose, power, and everything they have worked to achieve for the past century to the Chinese Yuan that has no track-record is ridden with defaults? you people are fucking morons! Quoting: Anonymous Coward 48386968 Actually they are going for a greater power grab. They will turn the SDR into the new world reserve currency and the IMF will be in charge of revaluing every countries currency based on their assets. The IMF is controlled by the international bankers. This move will ultimately give them allot more power! |
| Anonymous Coward User ID: 48386968 United States09/27/2015 11:39 PM Report Abusive Post Report Copyright Violation | |
