The dollar is no longer to be used for trading between China and Japan. This is not good news. How long will the dollar last with no confidence from two major economies?
Bruce
"Here is what to expect now that China and Japan have dumped the dollar for use in trade within Asia. An Asian Union is being formed to wage trade war with the West. The U.S. is economically doomed, because the government and the Federal Reserve, by creating an endless fountain of fiat money to bail out banks and fund the warfare/welfare state, have killed the dollar as an international trade currency. Alt-Markets 2011 Dec 30"
Monday, January 2, 2012
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