23 November 2014 (10:17 UTC-07 Tango)/30 Muharram 1436/02 Azar 1393/02 Yi-Hai (10th month) 4712
The Obama regime sanctions against Russia are thoroughly backfiring, as Russia increased the use of China’s yuan by 800% from January 2014 to September 2014!
Germany has also become the first European Union country to directly deal in yuan!
In Frankfurt, the Bank of China has just opened an office to allow trade deals to be paid for in yuan (aka renminbi), not U.S. dollars. So far ten major German banks have signed on to use the yuan.
Back in Russia, Chinese banking administrators say they now have “about 100 Russian commercial banks ” signed on to do deals in yuan (renminbi) only. On top of that, Russia’s largest bank (Sberbank) is now offering loans in Chinese cash only!
Both Russian and European Union administrators say the primary purpose of moving away from the U.S. dollar is to create stronger economies, in other words, they’re blaming the crashing World economy on the U.S. dollar. This is because for decades the World has had to convert to U.S. dollars to conduct international business, and doing so is getting more and more expensive: “Payments in rubles and yuan are very promising. Switching to such a large scale work means that the impact of the dollar on the global energy sector will objectively decline. This is not bad either for the global economy, or the world of finance and the world energy markets…..The People’s Republic of China is one of our key partners in the region. We will make greater use of settlements in our national currencies in our trade with China. We are already carrying out our first deals in rubles and yuan…..“-Vladimir Putin, President of Russia
Greece joins China to destroy the U.S. dollar!
Germany joins China to destroy U.S. dollar!
BRITISH EMPIRE…..ACCELERATING DESTRUCTION OF THE U.S. DOLLAR!
British Empire joins Russia to destroy U.S. dollar!
“Your tyranny I was part of is now cracking on every side. And your own life is in danger, your empire is on fire!”-Gripped by Fear by Front 242, 1991