China launching forwards, swaps with Ruble…

china-yaun-ruble

China is launching trading in forwards and swaps between the yuan and three more currencies, including the Russian ruble, from December 29, the China Foreign Exchange Trade System managed by the People’s Bank of China announced on Friday.

China is also launching trading in contracts with the Malaysian ringgit and the New Zealand dollar from 29th December. China is promoting usage of the yuan in global commercial and financial transactions, with the goal of rivaling the dollar as a reserve currency.

That’s great news. Thankfully China has grown strong enough to tell the US and cronies to go jump off a cliff headfirst. If they (China and Russia – as well as Iran) want to use a better alternative for trade other than the USD, for oil and other natural resources, why not? Therefore, nothing or no one has a right to try to stop the usage of alternate currencies. We live in a free world…

Like Iraq, Libya, and every other nation that proposed selling their oil in gold dinars, or Euros or other forms of payment, the US terror teams that decide to invade and start wars in every country that oppose use of the USD (just like those that got Gaddafi and Saddam deposed and murdered), the US can’t do that with China or Russia, because they know they do not have a snowball’s chance in hell of succeeding, and China and Russia will stand up for each other before they would ever side with the USA…

China: Obama is the Fiddling Nero of the American empire –

And like the last days of Rome, or a dying star going supernova, the USA is putting everything it can into its last few proverbial moments before it too falls, its currency fails, and becomes nothing but another Euro-like nation. While buried and saddled in debt, with incompetent and corrupt fools in government…

All I will say, is good riddance to the dollar and the wars it has allowed to spread like cancer all over the world. The end is at our doorsteps now, get ready; if you can…

Posted by Kyle Keeton
Windows to Russia…

The copy scores 58.1 in the Flesch Reading Ease test, which is considered fairly difficult to read…

About the Author

Russian_Village

A survivor of six heart attacks and a brain tumor, a grumpy bear of a man, whom has declared Russia as his new and wonderful home. His wife is a true Russian Sweet Pea of a girl and she puts up with this bear of a guy and keeps him in line. Thank God for my Sweet Pea and Russia.