Where the TRUTH is EXPOSED and SCANDALS UNCOVERED: http://truth.themoneygps.com ******************************************************************** The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan. Look Inside the Book!: http://book.themoneygps.com My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com PREPARE for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** De-Dollarization Accelerates - China/Russia Complete Currency Swap Agreement The last 3 months have seen Russia's "de-dollarization" plans accelerate. First Gazprom clients shift to Euros and Renminbi, then the UK signs currency swap agreements with China, then NATO ally Turkey cuts ties and mulls de-dollarization, Switzerland jumps in the currency swap agreements, and BRICS create their own non-US-based funding vehicle, and then finally this week, Russia's oligarchs have shifted cash holdings to Hong Kong. Russian companies ‘de-dollarize’ and switch to yuan, other Asian currencies Russia’s VTB and Bank of China agree on domestic currency settlements Sources: http://www.zerohedge.com/news/2014-08-09/de-dollarization-accelerates-chinarussia-complete-currency-swap-agreement http://rt.com/business/179032-currency-swap-russia-china/ http://rt.com/business/164752-russiia-de-dollarize-yuan-china/ http://rt.com/business/160124-vtb-bank-china-currencies/
Visibility: 6233
Duration: 4m 43s
Rating: 142