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** Turning Point: China, Russia quit dollar **


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Posted

[quote author=Adolf Rosiah link=topic=124687.msg1378150#msg1378150 date=1290569406]
*=: *=: *=: *=: Wish india could do da same thng
[/quote]

[img]http://www.andhrafriends.com/avatars/Animated/17.gif[/img]

Posted

[quote author=Neo The One link=topic=124687.msg1378046#msg1378046 date=1290568237]
There is always the scope of posting such good threads in AFDB only if people start posting such topics more than waiting for those.
[/quote]
theres no point in posting such topics when ppl dont bother even looking at that thread.... sHa_high5ing sHa_high5ing

Posted

[quote author=okkachance link=topic=124687.msg1378215#msg1378215 date=1290569979]
theres no point in posting such topics when ppl dont bother even looking at that thread.... sHa_high5ing sHa_high5ing
[/quote]

At least some people like we, who replied here have interest in these kind of topics.

Posted

[quote author=Neo The One link=topic=124687.msg1377997#msg1377997 date=1290567706]
*=: This is mainly because of China. It has a over Trillion $ reserve and looks like the $ may stumble again in near future. [color=red][b]If it happens china will be the biggest loser[/b][/color]. If china stops accepting $ from USA and demands for Euro for bilateral trade then US economy will crash like the roman empire. Gr8 move by china.
[/quote]

Agreed..!!

But when China is trying to quit USD, why will it keep USD with itself... They will have alternate plans of converting the dollars to Gold.... or invest the same dollars back in usa for some business, even before the DOllar crashes....

They are moving ahead with good plans..... Also they launched Fighter Planes 2 days ago...their own technology - Home built.

I want INDIA and CHINA to be good friends..!!

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