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Beware ! Yuan is going to become a convertible currency

By jaguar1637 2935 days ago Comments (2)

Beware ! Yuan is going to become a convertible currency. The process could be launched  soon. I guessed the 17 October 2013 is an interesting date

I would like to remind you, the day when the Chinese currency will be convertible, the Dollar will start to crash slowly

I am expecting a dollar divided by 10 may be more.. after this event

Comments

  • jaguar1637 2925 days ago

    Hi

    As I predicted, Chinese government is going to move ahead 

    http://news.yahoo.com/americanised-world-needed-us-shutdown-china-media-053014967.html

    They can make their own currency convertible in less than one second

    Most people do not know what's happening now but into 4 days, USA hegemony can disapear forever

  • jaguar1637 2925 days ago

    "The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations' tremendous dollar assets in jeopardy and the international community highly agonised," said the commentary.

    China is the biggest foreign holder of US Treasury bonds, worth a total of $1.28 trillion according to US government data.

    "Instead of honouring its duties as a responsible leading power, a self-serving Washington has abused its superpower status and introduced even more chaos into the world by shifting financial risks overseas," but equally stoked "regional tensions amid territorial disputes, and fighting unwarranted wars under the cover of outright lies" the commentary said, referring to Iraq.

    It added that emerging economies should have a greater say in major international financial institutions the World Bank and International Monetary Fund and proposed a "new international reserve currency that is to be created to replace the dominant US dollar"