"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Monday, December 02, 2013

YUAN ECLIPSES EURO AS WORLD'S #2 CURRENCY

China's Yuan Surpasses Euro as 2nd Most-Used Currency in Trade Finance: SWIFT

IS THIS GOOD NEWS FOR ANYONE?

NOT REALLY.

BOTTOM-LINE:

BETWEEN THE USA'S QUANTITATIVE EASING; THE EURO'S ON-GOING DEBT DEBACLE, AND CHINA'S POTEMKIN ECONOMY... WELL, IT ALL REALLY MEANS THAT THERE IS NO GLOBAL CURRENCY WORTH ANYTHING ANYMORE.

WE'RE ALL BITCOIN NOW.


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