Putin wants one currency

It would be un-fair against Russia to not say anything good. I worked with a guy named Escobar (he claimed to be related with Pablo) and had been a sailer for 35 years. He had tried all kind of women, all over the world but the Russian ladies was the most beautiful of them all.

Second thing, my cuisine lived there for 2 years and said that a normal man (like me and you, who do not drink too much) and didn't smell crap, was an rare event. And she confirmed that the ladies where > normal b-e-a-uutiful !

Or as an journalist who lived in Russia described 'em; "The women I’m remembering were extraordinarily, unbelievably, stunningly gorgeous."

Rabid, check out my correct usage of < > :nerd:

From Russia with love

When he sees his country collapsing in front of him economically, he thinks it best to spread the misery

There is a lot more talk about this thatn you may think. If you read the Financial times, it talks about it a bit.

The Chinese government would like a new world currency. They have over 2 trillion US Dollars in their reserves. As the USD has devalued over the past 5 years, the Chinese have lost a lot of money because of it (they also have a lot of US treasuries).

I don't think a new world currency will happen as long as the USD remains strong: but once the USD becomes weak, I can see a world currency becoming a very real reality. Don't believe me? Just wait and see.

China or Russia could well have the world's reserve currency in the future.

But to do so, they will have to avoid the pitfalls of all of today's currencies. That is to be a fiat currency.

Unless China is bulking up gold reserves on the QT, they don't have anywhere near enough to make their currency strong for the long term.

They need to dig up and refine the ore.