Showing posts with label 17 per cent of trade. Show all posts
Showing posts with label 17 per cent of trade. Show all posts

Tuesday, November 12, 2013

US, the World's Big Brother/Policeman's Influence is Waning


The World of Influence for the US Is Shrinking Along With Use of the Dollar | November 6, 2013
repost from Money Max by Asashi Advan

Which came first, the loss of dollar as a trading currency, or loss of confidence in US because of the suspicion brought about by news of its spying on its allies.?  Asian friends, South Americans, Europeans are beginning to show hostility towards US, and the declining value of dollar.  17% of trade was carried in Rambi (Chinese Yuan last year)

We can couple this with the growing loss of confidence in US leaders/politicians quarelling over budget and forcing govt shutdownm huge debt, deficit