China wants World Currency

[Dvx]

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.

Already in March, Zhou Xiaochuan, the Chinese Governor of the aforementioned central bank, had asked for the International Monetary Fund to expand the role from overseeing the Global Finantial System to creating and supervising a Worldwide Super-Sovereign Reserve Currency. These words were supported by Russian President Dimitry Medvedev, who in June 5th had proposed countries to start using a combo of regional currencies as a way to reduce dependence from the US Dollar.

However, US President Barack Obama shown his disagreement, proposing instead an increased interantional cooperation to fight the crisis. Today's appeal from the central bank of China (PPC) led to an immediate depreciation of the US Dollar.

Translated and arranged from Portuguese to English by me, from here.

For an extensive article in English, read here.

[Brian Foley]

It is already a done deal The €uro has supplanted the US $ as the Worlds currency .

Euro Officially Surpasses Dollar
The financial press reported last week that the euro, the new currency created only five years ago and used by most European nations, has supplanted the U.S. dollar as the most widely used form of cash internationally. There are now more Euros in circulation worldwide than dollars.

Europe has supplanted America as the Worlds biggest lender .

European Investment Bank
As the primary financial arm of the European Union, the European Investment Bank (EIB) is also the world's largest bank and the world's largest lender, topping even such better-known institutions as the World Bank and the International Monetary Fund.

Europe has supplanted America as the Worlds biggest Exporter .

Germany Worlds biggest exporter
Barely noticed, Germany has overtaken America to become the world's biggest single exporter, shipping the hardware that powers the rising economies of Asia and eastern Europe. Its trade surplus is now greater than that of China, Japan and India combined, reaching a staggering 16.8 billion euros in June alone. The profits made by German companies are running at over 33 per cent of national income, the highest in 40 years.

China is a paper Tiger it wholly relies on exports of Western products it manufactures cheaply for its Western owners, China is a nation of Franchises, it is not an economy.

[Kernunnos]

Bank of England Says Financial System Vulnerable to More Shocks says Blomberg. Crisis is just at the beginning.

Remember the Geab/Leap reports number 35 and 36

Also, the monetary system based on dollar is really over

De-Dollarization: Dismantling America’s Financial-Military Empire The Yekaterinburg Turnin

The world is assisting to a polarization of power with re-emergence of players like China Russia Brazil and India, who have a created a BRIC consortium in alternative to the anglo-american system of financial power.

The world won't be the same as we saw only one year ago.

Prevision by ex Kgb analist Igor Panarin might be true, that of a break-up of the US, which becomes likely as the US is swiftly going down the road of USSR: a military might with a paper economy.

[Vale]

The centralization of currency that we are seeing is bad enough, however it could get worse, the globalist bankers have stated that they want us all to get chipped and carry our money digitally, if you are anti-globalism your chip will get turned of and you will die.

This will if adopted literally be the mark of the beast, the beast being the NWO.

[Strengthandhonour]

Despite the shortcomings of the dollar, I don't see it going away just yet.
Plus, there is too many super powers coming up like Kernunnos pointed out. It will be hard for them to come up with an agreement.