Originally posted by open_eyeballs
..............
So, by all means feel free to provide evidence of your claims.
Why is it that everytime someone is unaware or ignorant of certain facts they try to claim the person making such comments has no evidence to back
them?...
China may lead US economy to collapse dumping US dollar
Newspaper Review by: perez
Author : Perezodian
Published: September 11, 2007
The nation that analysts are watching especially closely at this stage is China. Whether or not Beijing is selling its dollars can’t be officially
confirmed until November, when the Treasury releases its tic data. However, top Beijing officials have been signaling for at least two years that
dollar sales are increasingly imminent.
This past August, two Chinese government officials highlighted China’s massive U.S. dollar holdings (which include treasuries) and how it supports
the value of the U.S. currency. They also noted that Beijing could use those holdings as a political weapon to counter congressional calls to revalue
the yuan and impose trade sanctions on Chinese goods. Chinese state media referred to the country’s stockpile of U.S. dollars as its
economic nuclear option, capable of destroying the dollar at will.
Beijing also clearly signaled that it would begin “diversifying” out of the dollar earlier this year when it announced plans to rebalance its
$1.34 trillion currency reserves, which are mostly U.S. bonds. Already Beijing has created a $300 billion investment fund to use those dollars to
purchase other assets in an attempt to increase its investment returns.
www.shvoong.com...
Just over one week before President Barack Obama and other world leaders meet in London for a summit focusing on the global recession, China is
making clear it wants a greater say in managing economic policies worldwide. The latest blast from Beijing: a call by China's top central banker to
dump the U.S. dollar as the world's most important currency. People's Bank of China Governor Zhou Xiaochuan, in a paper released on the bank's Web
site on Mar. 23, called for a new "super-sovereign reserve currency" to replace the current reliance on the dollar. The goal, Zhou writes, is to
"create an international reserve currency that is disconnected from individual nations and is able to remain stable in the long run."
www.businessweek.com...
Russia, China should dump dollar in trade - Medvedev
Fri Jun 5, 2009 3:07pm IST
MOSCOW (Reuters) - Russia and China should consider switching to domestic currencies in bilateral trade without going to the dollar, Russia′s
president Dmitry Medvedev said in an interview with Kommersant daily published on Friday.
China has already entered similar agreements with Brazil and Belarus. The deal involves a currency swap agreement between the two countries. Trade
turnover between Russia and China reached about $50 billion in 2008 and is set to increase.
"I think that we can think about such positions, for example the rouble against yuan," Medvedev was quoted by Kommersant as saying. Russia′s own
attempt to switch to the rouble in bilateral trade with Belarus has so far not been successful.
Leaders of Brazil, Russia, India and China, known by their BRIC acronym, are meeting in the Russian city of Yekaterinburg on June 16 to discuss the
role of the dollar in the global financial system among other issues.
Medvedev said bilateral currency deals between trade partners ease impact of the economic crisis in an environment when many countries have
difficulties tapping international capital markets
www.warandpeace.ru...
These countries have been calling for years for a new world Economy headed mostly by China, Russia, and India, in which China, and Russia would be the
biggest players. They have been doing this even before the economic crisis started.
This fact has been discussed in the forums several times now.
Here is one link.
www.abovetopsecret.com...
Originally posted by open_eyeballs
Unite, you say? Militarily huh? Not quite. Nevermind the fact Russia is no longer a communist country anymore, the only thing they share is a
desire for the oil from countrys like Iran and Khazakistan. They have no unification. Just like every other new market, both are fighting for
position in the world economic order. All behind the EU and America.
Unification..lol..thats funny. Not even close.
I guess you have never heard of the Shanghai Cooperation Organization in which the mayor players are Russia, and China and which was created to opose
NATO and the U.S.?....
For Russia and China, the Shanghai Cooperation Organization (SCO) — which is holding its annual summit Aug. 28-29 in Tajikistan — serves different
purposes. The SCO focus for Russia is outward, as a security alliance that might someday counter NATO, while China views the SCO as a security
guarantor in Central Asia. As the summit concludes in the Tajik capital of Dushanbe, Russia is in no position to push its vision of the SCO on
China.
www.stratfor.com...
And really Russia, and China among other countries haven't done joint military exercises?...
"Peace Mission 2007"
+ - 16:17, July 27, 2007
Some 6,500 troops will take part in large-scale counterterrorism exercises, codenamed "Peace Mission 2007" from August 9 to 17.
The Peace Mission 2007 exercise, held by members of the Shanghai Cooperation Organization (SCO) will involve 500 combat vehicles from Russia and
China, about 2,000 Russian and 1,600 Chinese personnel, two paratrooper companies (around 100 men each) from Tajikistan and Kazakhstan, and a platoon
from Kyrgyzstan.
The exercise will involve practically all SCO members for the first time in its history. Established in 2001 as a non-military alliance, the SCO
initially set dealing with extremism and other security threats in Central Asia as its goal, but has since expanded its scope to include cooperation
in disaster relief and trade.
...............
The group comprises Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. The organization also lists Iran, Pakistan, India and Mongolia
as observers.
english.peopledaily.com.cn...
Oh yeah, they claim this organization is to respond to terrorism, except for the fact that several members of this organization terrorize their own
people. Not to mention that Iran has an observer status in the organization and there are plans for it to join the SCO.
their joined military exercises started since 2005.
Russia and China kicked off their first-ever joint military exercises today in the city of Vladivostok in Russia's Far East. Some 10,000 troops
from air, land, and sea forces are due to take part in the eight-day drill, which will be centered along China's northeastern coast. Both countries
have actively sought to reassure the United States that the war games are not aimed at any third country. Experts say the goal of the drill, in fact,
may be more commercial than military.
www.rferl.org...
As for your claim that Russia is no longer Communist?...
Russian journalists who have been too critical of Russia, or Putin ahve foudn themselves murdered by the Russian government, not to mention that they
have even murdered a dissenter who was spilling the beans about the corrupt Communist Russian government and he was poisoned with radiation in his
drink in England.
Not to mention the fact that the Russian government performed a riot in Russia's largest Human Rughts organization, stealing all the evidence about
Stalin's attrocities which the organization had been storing for 20 years. There is also an indoctrination going on in Russia where books now claim
Stalin was a hero and they don't mention the atrocities he committed. They even want to make Stalin a saint...
Archives seized
The primary evidence comes in the form of a new manual for history teachers in the country's schools, which says Stalin acted "entirely
rationally".
"[The initiative] came from the very top," says the editor of the manual, historian Alexander Danilov.
"I believe it was the idea of former president, now prime minister, Vladimir Putin.
"It fits completely with the political course we have had for the last eight years, which is dedicated to the unity of society."
But the campaign goes further than reinterpreting history for schoolchildren. It is also physical.
Earlier this month, riot police raided the St Petersburg office of one of Russia's best-known human rights organisations, Memorial.
Claiming a possible link with an "extremist" article published in a local newspaper, the police took away 12 computer hard-drives containing the
entire digital archive of the atrocities committed under Stalin.
news.bbc.co.uk...
But hey as long as they make up a bloodless coup, and the instigators are roaming free in Russia and making lots of money i guess that makes them now
as Capitalists, and not as Communist who are using Capitalism to stay afloat...
I think you are a little too aware. To the point you are trying to provide sensationalism to support some theory you have about a world war or
whatever you believe will happen.
I think you are too ignorant of what has been really happening in Russia, and the world at large.
I do wonder how several high ranking military Russians who defected to the west have been able to predict exactly what the U.S.S.R./Russia would do,
including making up a coup to deceive the world...
[edit on 2-7-2009 by ElectricUniverse]
