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BREAKING: China and Japan, Asias two largest economies just dumped the greenback


Monday December 26, 2011 - 17:54
2 comments

China, Japan to Back Direct Trade of Currencies

By Toru Fujioka - Dec 26, 2011 4:55 AM GMT-0500

Japan and China will promote direct trading of the yen and yuan without using dollars and will encourage the development of a market for companies involved in the exchanges, the Japanese government said.

Japan will also apply to buy Chinese bonds next year, allowing the investment of renminbi that leaves China during the transactions, the Japanese government said in a statement after a meeting between Prime Minister Yoshihiko Noda and Chinese Premier Wen Jiabao in Beijing yesterday. Encouraging direct yen- yuan settlement should reduce currency risks and trading costs, the Japanese and Chinese governments said.

http://www.bloomberg.com/news/2011-...



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BREAKING: China and Japan, Asias two largest economies just dumped the greenback
Wednesday December 28 - 23:39 - Posted by 1017f3571cd36271d4f2d8a0a7824818...

here we go the monetary war between giants is on the rise to a full currency war machines armed completely by continental powers grabbing for world market of Fictitious Capital production and exchange generalized ! We can then go for the nuclear weapons ! Abram




BREAKING: China and Japan, Asias two largest economies just dumped the greenback
Wednesday December 28 - 23:48 - Posted by 1017f3571cd36271d4f2d8a0a7824818...

The first missile is thrown by Iranian navy declaring to shut the Strait of Petrole in The Gulf ! The sharp rise in oil prices destabilizing all currencies and deepening all crises !







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