Friday, November 26, 2010

Both China and Russia are dropping the Dollar | via @FIRETOWN

Both China and Russia are dropping the Dollar

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I have yet to meet someone who says the Dollar will recover.

Read the whole story:

http://www.chinadaily.com.cn/china/2010-11/24/content_11599087.htm
St. Petersburg, Russia – China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.

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