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Brazil & China dump the $
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Re: Brazil & China dump the $
China just bypassed the U.S. as Brazil's largest trading partner. This is due in large part to China buying up all of Brazil's natural resources using worthless dollars. Brazil is definitely getting the short, fat end of the stick.
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Re: Brazil & China dump the $
Originally posted by allenjs View PostChina just bypassed the U.S. as Brazil's largest trading partner. This is due in large part to China buying up all of Brazil's natural resources using worthless dollars. Brazil is definitely getting the short, fat end of the stick.
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Re: Brazil & China dump the $
I had heard this from my customer (Report from the Front: Brazil business conditions) but didn't note it down because I don't know his level of connections in Brazil.
Apparently pretty good.
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Re: Brazil & China dump the $
Originally posted by aweber View PostUntil now no way out for a new currency. Until a agreement is done the curse of the Dollar will keep its path.
1] This report is definitely true, and
2] You are happy about it?
Do you prefer a relationship with China to a relationship with the US?"...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse
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Re: Brazil & China dump the $
Originally posted by c1ue View PostI had heard this from my customer (Report from the Front: Brazil business conditions) but didn't note it down because I don't know his level of connections in Brazil.Most folks are good; a few aren't.
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