While admitting that reaching agreement between the two countries will be difficult to achieve, George Soros – speaking at The World Bank’s Bretton Woods conference this week – warned that unless the U.S. makes ‘major concessions’ and allows China’s currency to join the IMF’s basket of currencies, “there is a real danger China will align itself with Russia politically and militarily, and then the threat of world war becomes real.”
Submitted by Mac Slavo via SHTFPlan.com,
“China… across the board… is preparing for something big in currency markets.”
(Video Via Future Money Trends)
This October may see the beginning of the end for the U.S. dollar as the world’s reserve currency. Twice every decade the International Monetary Fund meets to discuss their Special Drawing Rights (SDR) currency basket. Currently comprised of the dollar, Japanese Yen, British Pound and Euro, if China has their way a few months from now, we may well see the Chinese Yuan take its place among the world’s most trusted currencies.
U.S. Treasury Secretary Jack Lew says, “China isn’t ready for currency reserve status,” and would certainly like to see the Chinese
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Here is good news for the plutocrat who wants to try out Manhattan’s ritziest neighborhoods before taking the multimillion-dollar plunge. The market for super-high-end rentals is booming, with plenty of enticing options for tenants of every taste.
When it comes to education in South Korea, the demand is so strong it accounts for 12% of all consumer spending.
On Wednesday we showed what happens when US spy planes carrying CNN reporters get too close to China’s land reclamation project in the South China Sea. In short, the Chinese Navy not-so-politely advises them to “Go now!”
Ali Moore asks YouTube’s Global Head of Music Partnerships Christophe Muller, who makes money out of YouTube?
Submitted by Eric Zeusse,
The way that “Fast Track” is described to the American public is as an alternative method for the Senate to handle “Trade Bills” (TPP & TTIP) that the President presents to the Senate for their approval; and this alternative method is said to be one in which “no amendments are permitted, and there will be a straight up-or-down vote on the bill.”
But, in fact, the “Fast Track” method is actually to require only 50 Senators to vote “Yea” in order for the measure to be approved by the Senate, whereas the method that is described and required in (Section 2 of) the U.S. Constitution is that the President