Have you heard of the "Long term Chinese Project"?

in #money6 years ago

To establish the Renminbi as a world reserve currency (rivaling the Dollar and the Euro)

BRICS picture.png

http://www.academia.edu/5572980/To_BRICS_or_not_to_BRICS

Do you know what that would mean to the US and Canadian Dollars After the Market Correction /Crash?

Americans will be forced to exchange in worthless US Dollars, only get 1 Renminbi for every 4 US Dollars exchanged. (at present time)

Canadians will only get 1 Renminbi for every 5 Canadian dollars exchanged. (at present time)

The exchange rates could go much higher 10 to 1, 100 to 1, even 1000 to 1 - that will be painful!

http://thebricspost.com/fact-file-brics-drive-the-global-economy/

http://thebricspost.com/yuan-included-in-historic-imf-currency-basket/

http://thebricspost.com/china-central-bank-pushes-for-cross-border-rmb-use/

http://thebricspost.com/chinas-rmb-rises-to-global-acceptance/

Hedge yourself with Silver or Gold ounces and Crypto's and you will be more then fine.

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what the whaaaat?!?!
so glad you do all this reading and informing!
i would add food to that list, because food is going to get expensive. already is!

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