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China Takes Giant Step Towards Making the Yuan the World’s Reserve Currency

March 3, 2011 Comments off

globalresearch.ca

For years, I’ve been writing about the long-term decline of the Dollar, and the rise of the Chinese Yuan … and it’s potential to become the world’s next reserve currency.

As I pointed out in 2007, many countries have started moving out of the Dollar as the basis for international trade settlements, including:

  • Venezuela and 12 other Latin American countries as well as Cuba
  • Many other countries

In 2008, I wrote: Read more…

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