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To: ConfusedSwede

I Googled that and it is not in any American news sites. It for me is HUGE too.


9 posted on 11/24/2010 12:33:44 PM PST by ColdOne
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To: ColdOne
I Googled that and it is not in any American news sites. It for me is HUGE too.

It's probably not on any American news sites because it doesn't really affect America.

NEITHER China nor Russia "quit" the Dollar. They both fully intend to continue taking US Dollars as currency, NOTHING has changed there.

This agreement between China and Russia only deals with an agreement for trade between China and Russia. China will start accepting the Russian Ruble and Russia will take the Chinese Yuan. This is a trade agreement between China and Russia that has ZERO EFFECT on any other nation.

11 posted on 11/24/2010 12:42:35 PM PST by wagglebee ("A political party cannot be all things to all people." -- Ronald Reagan, 3/1/75)
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To: ColdOne

It’s notabale, but not “huge”. This is just an agreement between Russia and China to use their own currencies instead of the US Dollar when conducting business together. The agreement gives them a little dig at the US but doesn’t change the way they each conduct business with the rest of the world, usually in US Dollars.

The headline is typical Drudge; he takes a minor story and gives it a sensational half-true headline.


28 posted on 11/24/2010 7:08:13 PM PST by balls
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