Interpreter
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Federal Reserve is hatching QE3.Its money-making machine will be relaunched soon.
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China won 51 gold medals in 2008 OLYMPIC GAMES (Rank 1)
USA 36 gold medals
Russia 23
UK 19
Germany 16
Australia 14
S.Korea 13
Japan 9
Italy 8
France 7
India won 1 gold medal in 2008 OLYMPIC GAMES (Rank 96)
OMFG thats so fail!!!!.....don't tell me you dont know that picture is from star trek, and last time I checked, chinese hadnt managed to copy that...
..................We are already heading into a multipolar world mark my words china and russia will flex their muscle soon enough.............................
Fail logic = failed argument = dumb person....I cant educate you over the internet you know...
Let me end this thread by saying realistically Its a long way down that US dollar will be replaced with any other strong currency but Yes eventually trading in local currency is already kicked-in by certain nations but it is too early way too early.
You see African Nations and Many Asian Regional nations are still willing to trade in US dollars rather then in local currencies. It is hard to enforce them to change their business practices countries like Zimbabwe-S.Africa, Nigeria, Niger, Egypt, Libya and many other Africa-Asian regions are still into dollar trade, China would have do to alot to convince many of these nations for local currency trades.
USA is the best
---------- Post added at 05:19 PM ---------- Previous post was at 05:17 PM ----------
Russia is an evil country, Russia is our enemy as such and not specific malicious rascals on the throne, and not even a specific sociopolitical structure. Russia is and will remain the Evil under all regimes and rulers.
Federal Reserve is hatching QE3.Its money-making machine will be relaunched soon.
Because the Chinese just got their ***** handed to them by the US, and the PM had to make a public statement to allow RMB to rise to pacify the US or face a trade war, sending china back to Mao age
No wonder, you even copy American pictures in your dumb effort to make a point
Is that because you are unable to come up with any point at all?
---------- Post added at 04:38 PM ---------- Previous post was at 04:35 PM ----------
The truth is, it doesn't matter how many dollar notes they print.
China would take a long time to match up in pretty much anything against the US. Maybe not even beyond 2050.
The Tehran Oil Bourse (TOB) was designed to achieve that precisely: an oil trading market not denominated in dollars.
However, it has been trading at miniscule volumes, if at all, without impacting global oil trade in any significant manner.
u clearly have limited knowledge on financial matters.
and u significantly overestimate the power of the US.
since ur financial knowledge is limited, u wont understand how fragile the US is in financially.
OMFG thats so fail!!!!.....don't tell me you dont know that picture is from star trek, and last time I checked, chinese hadnt managed to copy that...
Is this an effect of the embargo that has been placed on Iran? The fact is that Dollar value is grossly over inflated and the world has kept mum about it for ages, Now that the US economy is at its lowest ebb, do the governments feel that the US is not going to resist a change over. The question is to what. Gold has traditionally been the indicator of the value of currency. Although the US $ has been inflated in price since the 80s if not before US has aggressively resisted attempts to trade oil in any other currency except dollar. How long can it continue like this remains to be seen, but I dont see it continuing for long. Man we are heading for a big recession!!!
Araz
alternative will be basket of curencies i think