Tag: Renminbi

Economic Rollover: Banksters Created The Greatest Ponzi Bubble In Financial History

The common consensus in the financial community today is that the Fed and other Central Banks have somehow managed to end the business cycle. The result of this is that we’ve entered a period of sustained growth (albeit low growth) that will continue in perpetuity until something magical happens and stronger growth returns. On the…

China Breaking The Back Of The Petrodollar: China Signs Increasing Currency Yuan Swap With Qatar & Canada.

Tyler Durden: The march of global de-dollarization continues. In the last few days, China has signed direct currency agreements with Canada becoming North America’s first offshore RMB hub, which CBC reports analysts suggest “could double maybe even triple the level of Canadian trade between Canada and China,” impacting the need for Dollars. But that is…