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Originally posted by multichild
Politics is crazy when its all played out in front of your eyes on such epic proportions.
Europe needed the UK to join in so that they could bring in a europe wide transaction tax that would create more wealth for europe's elite bankers rather than the EU people.
Cameron said no to it, and in the background was creating a deal to trade with China and so they wouldnt be taxed on their transactions as they would in Europe.
Europe has lost out majorly withi this announcement and its for the UK to gain a lot of money in trading in another currency.
Originally posted by Equ1nox
reply to post by PhoenixOD
yes i know but you will see in the coming months how much the Yuan will take over the dollar and replace it as the world reserve currency, that is NOT common or normal, when was the last time a major world currency was replaced?, what we are talking about here is a shift in power that hasn't been seen for a very long time, the US corrupt power is coming to an end