Medvedev calls for use of national currencies in trade
Published: 17 June, 2009, 02:12
The share of sovereign currencies in mutual trade within the Shanghai Cooperation Organization (SCO) should be increased to reduce dependence on international reserve currencies, President Medvedev has said.
Good idea. This is long overdue. Why strengthen the pillars of a burning house?
All cash is good cash, and the more diversity in it the better, to help prevent common mode financial failure, the like we have just witnessed. We are now seeing. some very positive leads coming from the rest of the world, to move back to the core trading and diverse economic machinery that is necessary on a global scale to build and maintain stability, This is certainly good news for everyone, let's just keep building and building in this positive way, getting nations to freely trade and exchange for mutual benefit. Block mentalities, central control and standardisation are so yesterday, a matrix of cellular, stand alone economic sovereign entities is very much the future, coming from the past. Trade on! in your own cash of course!
Well, what mustn't be forgotten is that, historically, the USA have leapfrogged themselves out of economic misery and financial fantasyland by sowing seeds of war and jumping in at the opportune moment: the whole trick, for the SCO, is to ease the USA down from its self-congratulatory glory and make them understand that it is alright to be the 2nd, 3rd or 4th largest econo-powe.
Yes, Astraea, 9/11 was an inside job, but please don't be lazy! Think a little further: it was organized by professionals who know reasonably exactly what they are doing.In other words, it was designed deliberately at the outset in a way to leave the operation sufficiently questionable so that it would _gradually_ _eventually_ undermine the US citizen's faith in his government. The idea was to trigger time-released fear by design. 9/11 thus continues to unfold into a stunning success!
As an american citizen , I love my country but hate this war mongering government. This government just passed a 106 Billion dollar bill in congress for this countinued war machine to stay in Iraq & Afghanistan. The only way that this leviathan is able to stay afloat is its last breath is "war". One must remember that " war is money". America is broke & doesn't have the money, as the world knows. So who keeps financing the U.S. to contintinue killing people? I would ask that China stop bankrolling America & to let us take our country back that has been stolen by dictators. Americans are ready to clean house & will have a 2nd Revolution!
Good news. Great man! I love President Medvedev! The World HAS to get out fro under the dollar and the monster USA. As it is the whole World has to finance the endless wars and domination of the horrible people (if one can call them people) in control there. As it is they are forcing the whole World especially Japan and China and Russia and Germany to finance the so called "war on terror! - and actually, they are the terrorists. (All other terrorists have been created by them deliberately so that they can creat war - theri main occupation.) Do not forget, 9/11 was in inside job.