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The American Empire in a Changing World



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Sunday, January 22, 2012

''China tiptoes to petrodollar recycling''

the end of the dollar......from indian punchline...

"The currency swap agreement between China and the United Arab Emirates [UAE] signed during Premier Wen Jiabao’s tour of the Persian Gulf region ending today, will raise eyebrows in the western capitals, especially London and Washington. The list of countries with which China has such deals is slowly and steadily lengthening and this is the first such deal with a Gulf Cooperation Council [GCC] state."

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