Katie Pilbeam explores how the Chinese Yuan has overtaken the Euro as the second most widely used currency in this week’s episode of Venture Capital. David K…
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BRICs In Play ..
How Chinese Yuan has Overtaken Euro
The Chinese Yuan has overtaken the Euro in use in global trade (if I
understand this report from +RT
More and more countries merging with each other or trying something new
something bold. Let’s see how final product will look like 5 years from
now.
The u.s is next. Don’t think we will be the reserve currency much
longer!!!!
Stupid russian smartphone!
Maybe classifying them as being a part of some super group jacks up their
expectations and throws them off? “Oh we’re in BRICS? Well if we don’t
put the pedal to the metal now…”
Well the Chinese yuan is kept artificially low since China is an export
driven economy, and is not allowed to be traded openly on the world market
for that very reason. If the Euro did collapse there would be absolutely no
other currency that could even possibly replace the US dollar as the world
reserve currency.
In reality the Yuan has NOT overtaken the Euro.
Kremlin RT propaganda again.
Why is there an Exxon Mobil logo just chillin on the side of this screen?
No motive or theme to it’s promotion there just flaigrently posted….? I
hate the corporate snakes of ameriKKKa!
The whole concept of when the USD will be worth more/less than China is a
stupid debate because China has purposely devalued their currency.
For people who wan’t to know more:
http://en.wikipedia.org/wiki/Devaluation
Russia’s short term strategy of promoting China as the balance to the West
strikes me as insane when looked at in the long term.
No other nation humiliated China more, nor has been more responsible for
Chinese suffering than Russia.
People think Japan is the worst, but what they did is only the freshest
memory, and it all was made possible by Imperial Russia’s Asian expansion
at the expense of China. The efforts of fighting that left China so weak,
she became easy pickings for the upcoming Japan during those days.
Russia’s expansion in Asia was at the territorial expense of China often
using the most humiliating methods. If it hadn’t been for the
Russo-Japanese war, Russia was set to annex all the way down to Liaodong
Peninsula just East of Beijing.
To top it all off Communism in China happened thanks to the efforts of the
USSR, and that that was a huge mistake for China is all but accepted as its
abandoned almost all the aspects of that system.
So should China ever get to a point where it is the other end of a bipolar
power world, that China will continue to pretend to not remember the
century of loss and humiliation courtesy of Russia they’re dreaming.
As it is only the Russian Nuke arsenal that keeps China pretending to
sincerely believe in the treaties delineating their borders.
When the day comes that China does not have to pretend, you can bet that US
will use their desires to regain what they lost to Russia to fend off
Chinese demands by promising them total support in redressing historical
issues between China and Russia today. Say for example supporting a future
Chinese Demand for the return of Vladivostok and chunks of Siberia that
were Chinese before they were ejected by Russians in return for permanently
settling issues with us.
We’ve already have had 1 crystal clear example of what the Chinese will
demand when they are in a position to dictate in Kyrgyzstan who facing
Chinese pressure eagerly ceded 3200 square miles to settle a border issue
while getting nothing in Return.
because btcchina and china are corruppt deflating bitcoin and baning it to
later double the money, just go to war with china or start a revolution to
save their people, china is divided.
I could watch Katie Pilbeam and Abby Martin all day.
We knew the Euro was fucked – when the bankers decide to rob European
nations of its wealth there was no other end result.
MARRY ME
‘Does Euro want to be more forceful with their currency…Or not’
Why do THEY even get a choice, They’ve been Americas partner in crime for
DECADES. No wonder America wants to alter international trade regulations
with Euro. It’s all so they can RETAIN GLOBAL FINANCIAL POWER via EU
currency, after having Exhausted/Toppled US reserves
Hey missus – do you need to pee? STAND STILL FOR FUCK SAKE!!!
poor camera man.
“It’s all about powa”
wow, I must say she looks good in that costume
China will rule the world , they already started to invest millions in the
Europe in countries such as Romania.
Wars are old fashioned , economical invasion is the key to divide and
conquer.
This may be the beginning of a world economy collapse and mass revolts in
50 years.
Idiots stop supporting this evil empire and only buy local made and grown.
Great show, nice interviews and new moving camera. Way to go RT and Katie.
I think I am in love
What is backing the Yuan? We know what is backing the Euro and
Petro-dollar, The military industrial complex. When the global economy
crashes there will be a one world currency, one world government, one world
religion. The NWO is coming, prepare now while you can. Blood will run in
all the streets of most countries. Divided we stand, by design. Know your
neighbors, build relations. The hour is late. Peace
Stay away from bitcoinz within next few months to come….the reason the
btc prices are so high at the moment is due to half of the bitcoins in
circulation are being withheld after 40million btc heist.
My favorite news reporter.
stop moving the camera!
+usapilot78 (There’s no reply button for some reason) Why does Jesus hate
animals? :O
silver and bitcoin!
There are so many people wanted to use Euro for trade.
It is the EU that creates Euro, does not want to use around the world.
EU looks more like a slave to US.
Just look at the NSA issue, EU makes only useless noise.
EU will dare not challenge US.
What did she say?!?!
KEEP THE CAMERA STILL!!! YOU’RE MAKING ME SEASICK!!!
Here is the deal on Ukraine. They are not looking at the broken West and
asking why can’t we be like that. They are like that already-broke. What
people are demonstrating against is a the criminal Donetsk mafia that took
control of the government. Some bird brought the news in its beak, this
mafia is organized and supported by MI6 to destabilize the country and to
take Ukrainian resources under control, which is what they did. That’s why
the coffers are empty because the profits from coal mining go offshore. In
addition the country is poisoned by multiple drugs, especially the youth
RT is bullshit news agency
blonde just don´t know what is she talking about.soo funny
So proud to be Chinese for this and similar reasons of Chinese and China’s
accomplishments !
in 2 years, all countrys only trade in gold, silver, iron, Food, gasoline
and so on. paper har newer been wort somthing. if you trade gods for godt,
you wil newer expirience collapse in trade. People only need goods, not
paper Money og numbers on computers..