Tuesday, October 14, 2014

China Direct Trade With Europe-the End of Zog

 Mon, 13 Oct
2014 08:35:12 -0700 (PDT)

Date: Mon, 13 Oct 2014 11:35:12 -0400

Subject: China Begins Direct Trade With Europe

From: silverwolf <silverwolf18c@gmail.com>






China Begins Direct Trade With Europe




10/12/2014


1 Comment

Â
China Begins Direct Trade With Europe As The Yuan Is Ready To Supplant
Dollar


By Kenneth Schortgen Jr    Finance Examiner Â

September 29, 2014Â


The next phase in acceptance of the Chinese Yuan as the future global
reserve currency is taking place tomorrow as Chinese bank analyst Liu
Dongliang reported on Sept. 29 that Europe will begin direct trade with
China using the Yuan and Euro as compatible currencies going
forward.


In a move that reflects the work done earlier this year by 23 nations to
install currency swap lines to handle the Chinese Renmimbi, Europe
appears ready to dive right in and create a new trade partnership that is
expected to be beneficial for both the Eurozone, and Chinese
markets.

~~~

 Belief that the Yuan will eventually supplant the dollar as the global
reserve currency is an idea that is currently being talked about at the
highest levels of international and sovereign banking.


In fact, exactly two weeks ago the British Chancellor of the Exchequer
George Osborne proudly announced Britain was the first use to issue a
Yuan denominated bond as a viable financial instrument, and that he has
full confidence that one day the Chinese currency will have the
'potential to become "the main global reserves currency"'.
Picture
   “ China will start direct trading between the yuan and the
euro tomorrow as the world’s second-largest economy seeks to spur
global use of its currency.

    The move will lower transaction costs and so make yuan and
euros more attractive to conduct bilateral trade and investment, the
People’s Bank of China said today in a statement on its website. HSBC
Holdings Plc said separately it has received regulatory approval to be
one of the first market makers when trading begins in China’s domestic
market.

    The euro will become the sixth major currency to be
exchangeable directly for yuan in Shanghai, joining the U.S., Australian
and New Zealand dollars, the British pound and the Japanese
yen.

The yuan ranked seventh for
global payments in August and more than one-third of the world’s
financial institutions have used it for transfers to China and Hong Kong,
the Society for Worldwide International Financial Telecommunications said
last week�.
 - Bloomberg

Using the Yuan in direct trade is just the next step in an already banner
year for the Chinese currency.


Earlier this month, Russia announced that they would begin selling oil in
both Roubles and the Yuan, thus cracking wide open the decades long
petro-dollar system that has forced nations to buy dollars so they could
purchase energy for themselves and their economies.


The dollar's greatest ally has always been Europe and Japan, but both are
quickly moving towards, or hedging their bets, with the up and coming
currency that is the Yuan.


 And as the U.S. continues to print from its central banks and devalue
the reserve currency to large degrees, the prospect of trading in a
different and perhaps one day potentially gold backed currency like the
Renmimbi, becomes an alternative many inflationary nations will be taking
a long hard look at.


China begins direct trade with Europe as the Yuan is ready to supplant
dollar


Comment B:/

the End of Zog is near as the U.S. Dollar
ravaged by irresponsble manipulation and control, AKA-the Federal Reserve
and the the
Lords of
IZ
, receive another warning of its
devaluation in the Global Economy. We must give credit though to
Washington D.C./ District of Criminals/Corruption take your pick for
being possessed by Zion's Middle East Phobias and Fantasies of Dominion,
so narrow as to have impovished this nation with endless wars, and
alienated other nations being excessively abused and criminally extorted
by the wanton use of the U.S. Dollar Reserve status. Now as one can
observe step by step other growing and ascending economies notibly the
BRICs are unplugging and saying enough is enough.
We can thank the backboneless so-called Representatives in Washington who
do not take their marching orders from the American People's Interests,
and U.S. Constitution nor nourishment traditionally , historically from
the Intentions and foundations set for this Nation by the Founding
Fathers but from Tel Aviv and Jerusalem. I believe people worldwide are
now " Fed " up with the shenninigans of these covert operatives
who with supreme arrogance have been robbing and stealing , causing
misery and injustice by the millions
worldwide


That would seem to be what is being
presentated.


 But remember this, these whatever they
are , are extremely sly, cunning, and able in deception...and because of
this one must consider that the destruction of America at least as Head
Dog over the rest of the Nations on this Earth has been planned and
worked out to favor the creation of a New Big Dog over the rest of the
nations wagging their tails in submission. Of course there are many
nuances to all this , dividing rivers that all flow towards the one
Hidden Goal postulated by the so-called Elites...iklings announced as for
example by George Soros, " China shall be the main economic driving
engine of the Global Economy in the 21 first century" ....I ask
where does that leave America and its citizens who are wasting all their
energies making enemies and
wars...????


I predicted decades ago , that Zion's Empire would fall in the East ,
particularly China.....and as I see it little by little the insanity and
idiocy of Zion's " Agenturs" and Sycophants is making that a
reality. The tragic aspect of all this , is that America and Americans
are being used as a Pawn in a greater game of Global Fantasy and Dominion
and when they are finished with their misuse of this Nation's Wealth and
People, the " knife in the back" will come to everyone's SHOCK
and AWE.....B:/

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