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China, Russia quit dollar
Asia One ^ | 11-24-2010 | Su Qiang and Li Xiaokun

Posted on 11/23/2010 8:13:21 PM PST by autumnraine

click here to read article


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To: mylife

Being picked up by other media now...

http://au.finance.yahoo.com/news/Russia-China-pledge-bigger-afp-3205566027.html?x=0


41 posted on 11/23/2010 8:52:47 PM PST by autumnraine (America how long will you be so deaf and dumb to the chariot wheels carrying you to the guillotine?)
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To: dragnet2

You wish you could blame Wal-Mart for U.S. fiscal and monetary policy. Unfortunately, you’d just sound stupid.


42 posted on 11/23/2010 8:55:41 PM PST by 1rudeboy
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To: DouglasKC

I’m not exactly sure what this means but it must not be good.


43 posted on 11/23/2010 8:59:02 PM PST by Georgia Girl 2
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To: autumnraine

Thanks. I had checked Yahoo finance earlier.


44 posted on 11/23/2010 9:01:20 PM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: autumnraine

Let me be the first to say, “Obama’s fault.”


45 posted on 11/23/2010 9:02:45 PM PST by OrioleFan (Republicans believe every day is the 4th of July, democrats believe every day is April 15.)
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To: The Comedian; FromLori

Seen this?


46 posted on 11/23/2010 9:11:57 PM PST by JDoutrider
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To: autumnraine
Sooooo, this happens on the day North Korea bombs South Korea. And this whole "will never be each others enemy" stuff is freaking me out!!!

This is definitely NOT good news. They are moving in for the kill now and there doesn't seem to be anyone sounding an alarm.

47 posted on 11/23/2010 9:12:15 PM PST by this is my country
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To: mylife

Just showed up on Market Watch

http://www.marketwatch.com/story/china-russia-to-drop-dollar-in-bilateral-trade-2010-11-23


48 posted on 11/23/2010 9:13:57 PM PST by twistedwrench
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To: autumnraine

Not good, not good at all.


49 posted on 11/23/2010 9:14:49 PM PST by The Mayor (Where the Spirit of the Lord is, there is Liberty!)
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To: All

Would you want to hold the US$ with all the debt that is attached to it?

Whether this is a violation of international trade agreements doesn’t really matter any more.

This started with the BRIC alliance as China and Russia were bartering with Russian oil and Chinese grains. This is the next logical step for them. That is to accept each others currencies.

Get use to these events as the world is forced to move away from the US$.


50 posted on 11/23/2010 9:15:05 PM PST by Razzz42
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To: autumnraine

Way to go Barry!

You da man, dude.

May posterity forget you pretended to be our countryman.... You worthless piece of crap!


51 posted on 11/23/2010 9:17:32 PM PST by AFreeBird
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To: autumnraine

Another of O’Bummer’s triumphs!


52 posted on 11/23/2010 9:18:51 PM PST by Rembrandt (.. AND the donkey you rode in on.)
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To: twistedwrench

Thanks.


53 posted on 11/23/2010 9:20:15 PM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: twistedwrench

I am surprised Hindustan Times didnt have it.
They normally are 24 hours ahead and cover Asia, and the USA very well.


54 posted on 11/23/2010 9:23:57 PM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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To: Southack

Nice to see your post. An island of reason amid the “storm”.


55 posted on 11/23/2010 9:34:49 PM PST by muleskinner
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To: autumnraine

There is gonna be a run on Beans, Cornmeal and Rice in my neighborhood.

Arms ... check
Ammo ... check
Food ... check
Cash ... spent on what I need

Gonna work on defensive fighting position and creature comforts all day tomorrow.

Obama .... You and Your Minions are Next on my list, you better hope that I do well on my creature comfort exercise if you plan on being booted 2012, I may get itchy before then BOZO

TT


56 posted on 11/23/2010 9:34:56 PM PST by TexasTransplant (I don't mind liberals... I hate liars...there just tends to be a high degree of overlap)
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To: autumnraine


57 posted on 11/23/2010 9:40:01 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: autumnraine

Not surprised when the Fed continues to degrade the dollar...


58 posted on 11/23/2010 9:54:14 PM PST by Deagle
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To: autumnraine

Don’t see it on Drudge yet


59 posted on 11/23/2010 10:06:19 PM PST by TexasTransplant (I don't mind liberals... I hate liars...there just tends to be a high degree of overlap)
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To: TexasTransplant

http://www.chinadaily.com.cn/bizchina/2010-11/24/content_11600496.htm

http://www.marketwatch.com/story/china-russia-to-drop-dollar-in-bilateral-trade-2010-11-23


60 posted on 11/23/2010 10:10:22 PM PST by Cementjungle
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