Displaying posts tagged with

“Yuan”

China and Russia abandon the dollar

It should be no surprise to anyone following the decline of the U.S. Dollar, but China and Russia have made an agreement to trade with each other without using the dollar. Here’s the story: China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier [...]

China worried about declining value of dollar

It’s happening. It’s not comforting knowing that an ideology I despise as an enemy of individual liberty is having a field day with the declining dollar, but it’s true. The dollar faces collapse, and that’s exactly what George Soros and his socialist cohorts want. China premier warns of potential dollar collapse In a public statement [...]

Soros is doing to USD what he did to GBP

There is little doubt in my mind that George Soros is attempting to do to the USD what he did to the GBP in 1992. He is part manipulating and part cashing in on the impending crash of the dollar. Is he to blame for it completely? Of course not. But I believe he’s spouting [...]

Why I’m bearish on China

All of the growth stories about China over the last 5 to 10 years have come to fruition. They’ve created a bubble. Anytime there is a worldwide rush of investment to one idea, place, or thing, it is bound to produce over-investment, and that it has…in spades. Three numbers should suffice to give Chinese economic [...]