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Posts Tagged ‘petro dollar system’

This is a great summary of what we are looking at in the near future (next year or two).  The first domino has dropped when Russia and China agreed last month to trade oil in their own currencies.  We are beginning to see it unwind…

Sidestepping the U.S. Dollar, a Russian Exchange Will Swap Rubles and Renminbi

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Click on the article title for a link to full original referenced article.

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