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China calls for end of Dollar as world reserve currency

PostPosted: Sun Oct 13, 2013 9:13 am
by OneBiteAtATime
http://m.ibtimes.co.uk/china-debt-ceili ... 13431.html

China calls for de-Americanized financial world.

Here's the most important (imho) paragraph:

"It also called for an end to the use of the US dollar as the international reserve currency, a step that would ensure the international community could maintain a safe distance from the side-effects of domestic political turmoil in the United States."

Re: China calls for end of Dollar as world reserve currency

PostPosted: Sun Oct 13, 2013 9:57 am
by Morsecode
I would too, if I was them.

It's a Brave New World.