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War and Sanctions Accelerate China’s Currency Push
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China’s bid to build a renminbi-based financial system beyond the U.S.
dollar’s reach is gaining traction as a way to sidestep sanctions.
44 minutes ago
1 comment:
Chris Martenson points out that the whole world simply has too much debt. This is why he believes that there won’t be a real solution to the euro crisis. The big question will rather be who will take losses on the debt, which can’t possibly be repaid.
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