from indybay.org..............
"The hurricane of the financial crisis is not over since the next thunderstorm, a monetary crisis and a currency war are on the way. The Brazilian finance minister first spoke of this and then the head of the International Monetary Fund (IMF) at the annual meeting of the IMF and the World Bank in October 2010 in Washington'.
"The situation is serious. The “structural imbalances” decried for years at every meeting of the G8 industrial nations are falling out of control. A worldwide economic upheaval approaches. Can the US dollar keep its position as the reserve currency? Can world trade, financial transactions and agreements on oil deliveries be carried out in US dollars as in the past when the political-economic elites of the US aggressively demand an upgrading of the Chinese Renminbi Yuan? This portends a devaluation of the US dollar. If other cou9ntries follow this demand, we will have a currency war as on the eve of the worldwide economic crisis of the thirties"........ read more here
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