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 China wants World Currency |
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Jun 27, 2009 - 4:50 AM - by Dvx
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China wants super-sovereign word currency
China has just renewed today its appeal for the US Dollar to stop being the international reference currency, demanding the creation of a super-sovereign world currency. "To eliminate deficiencies verified in the main hard-currency, there's a need to creat a new currency linked to no particular economy", the People's Bank of China stated in its annual economic report, released today, June 26th, 2009.
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News are shocking as they would confirm that states, in this case the Japanese Statet, are getting rid of US treasure bonds (the bonds seized are worth 1% of the US' G.D.P.)
