CURRENCY WAR! China Renounces U.S. Dollar with Swap Agreements with 26 Countries!

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Comments

1. my question is will MEXICO do the same thing as CANADA did
2. the US dollars China gets goes to buy gold.. do your research.. China and Russia have been buying gold for years now they have enough to back a gold backed currency.. what does the US have? trillions in debt and very little in the vaults..
3. Today the dollar is falling while u are talking.This man in the video don't know what he is talking about.
4. Awesome video
5. There is nothing to worry about. It's all on course. What one fails to see is that the dollar notes are not US government notes. They are Fed's notes. The Fed is not a body of the US government. It is an independent private company held by the US banks. When the dollar value falls because everybody in the world refuses it, the US people are not going to suffer for more than a month or 2. When this happens, the US banks will go bankrupt. When the US banks go bankrupt, the Fed will be dismantled. When this happens, there will no longer be anybody to back the dollar. And, the US will only have to switch to US treasury notes or any other currency it wishes in replacement of the former Fed notes. There you go, the US debt will be erased in one strike of a pen on a book while the US government will be able to exchange the Fed notes for treasury notes on a discriminate selective basis. The Saudis and other dollar holding foreigners will only have their eyes to cry with. So, I must say that Russia and China refusing dollars ahead of the bulk of the rest of the world is a very smart move.
6. Haven't you uploaded this video like 7 times? Things looking so good that you just have to repost the same scaremongering videos you've already posted before?
7. David - is it smart for the seller to have a currency war with its largest client ?
   i think its all over - china is slowinf down and thats because america is not buying - we have to come to a realization that the whole global economy has been destroyed - its still functioning for now but thats because there is still a little lag in the system - a country without a middle class has never become a world power - so why cat china have a middle class - thats simple - for china to have a middle class nessessary to drive its own economy the way america did would raise their operating expences to levels they cant support - a middle class needs to be paid a very good steady wage that allows them to spend and creat a selfsustaining economy - ones you start to pay the workers a good wage - it destroys chinas structural model - they would have to rais their prices for products sold internally and that would do the opposite of what they want to do - notice how china always looks to setup independent trade zones / economic free trade zones - they want this so they can bring in chinesse worker from china to work in those trade zones for chinese wages - this simply will not be accepted by the indiginus populations of those countries for to long - example - in costa rica the chinesse firm was contracted to construct a sports arena - they did so with chinesse workes - there was not even one Costa Rican face that worked there - what kind of bull shit is that - how many times are people gonna take that ? its ridiculous and the Chinese are not able to actually operate on a level field - they always look to exploit the lives of their people - china is at best a useful fool - a means to an end - china will make just enough trouble for the petrol dollar to shoot gold to the moon - but if they really want partnerships - they must learn to play nice - after this whole steaming pile collapses - it will be rebuilt with common sense rules - tariffs - real trade agreements that benefit the people of their respective nations - the people who will do this - will do it because they will be forced to do this because of survival and necessity - the time for little games will be over - reserve currencies might not even be needed once everything drops - prices for products will drop and the only thing that will be trusted will be solid gold and silver primarily - that's probably why china is buying so much gold - China is not the hero - they are the villains same as every other government - every seemingly strong position china has established has been at the expence of and backs of their people who have been treated like slaves - we are all going down together - that's the way its gonna be because we all deserve it - only the smart and prepared will make advances after a reset  - get gold and wait for the black swan - dont look to any nation for the solutions - all these fools did the same things and that's why we are here buddy
8. thank you nsa, video is good now
9. wuuuiih, your video always freeze in 6.45, please nsa i want to see
10. I bet the dollar will lose it's status as world reserve currency pretty quick if the U.S. is attacked and destroyed. Even just entering into a war with a serious adversary will render the dollar as toilet paper. Hey, and the way the U.S. is pushing war, that might happen any minute.
11. A report originally published in Aug 2012 about Billionaires dumping US stocks and I notice is republished 15th Jan 2015. 
    http://www.moneynews.com/MKTNews/billionaires-dump-economist-stocks/2012/08/29/id/450265/
12. Excellent information.  My comment is if a government trades freely with China, why can't individuals trade freely amongst themselves?
13. Shit about to hit the fan
14. Gold is about to explode higher, chart is screaming breakout
15. The U.S. Dollar has 2-4 years left as the GRC. Russia and China are just aligning their chess pieces around the world. The BRICS Development Bank, the credit rating agency that is being created to rival S&P, the "Double Eagle" bank transfer system to counter SWIFT, and the gold-back currencies both are working on. Plus, all the bilateral trade spoken about in this video. The foundation and infrastructure for a future dollar destruction is well underway. Be patient. Don't worry. Be prepared.
16. US dollars and US go home
17. We are slowly becoming the "Used-to-be Reserve Currency".
    As for the 26 new non-petro-dollar countries created by China..
    we are running out of countries that rely on the petro-dollar.
    Pretty soon we'll be relying on 'myth & legend' to sooth our ego.