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Will China rescue Russia and kill the dollar doing it ?

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TEOTWAWKI

TEOTWAWKI

http://www.zerohedge.com/news/2014-12-26/china-launch-yuan-swap-trading-russian-rubles-monday

So while the US continues to parade with "destroying" the Russian economy, even if it means crushing the shale industry, aka the only bright spot, and high-paying job-creating industry in the US economy over the past 5 years, Russia and China continue to be nudged by the west ever closer monetarily and strategically, until one day, as we have long predicted, China and Russia will announce a joint currency, one backed by both China's "surprising" gold reserves and Russia's commodity hoard. Then things will get interesting.

2seaoat



Idiotic economic analysis.....so damn stupid it becomes comedic. The Chinese economy is cooling down. It is dependent on its largest trading partner......so the Chinese who are facing problems with real contraction are going to be stupid.......well at least your analysis of Russia has been completely consistent and completely wrong. In retirement try to go over to the University and pick up a economics class......we may get some lucid posts if your education could catch up to your theories.

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