Post From KTFA by Memphis » March 29th, 2014, Mar29 update -
The Key to Everything
Again Mr. Collins has come out with some very interesting thoughts that seem quite recent. This blog is packed with value such that it may open some eyes to the magnitude and the reality of what we are witnessing.
I haven't time to point other than to quickly frame the discussion that you are about to read by pointing to current evidence from this week that MUST be recognized. Just days ago New Zealand penned currency swap agreements with China and then yesterday we saw this:
Post by Memphis » March 28th, 2014,
Folks, there is an acceleration taking place, it is such a quiet one tho that few will even recognize the world's sprint from the $....
question: Did everyone study the following post from page #4? If no, then I propose that YOU'RE among the many.
Post by stochastics » March 28th, 2014,
Frankfurt becomes Europe's first renminbi payment hub
FRANKFURT, March 28 Fri Mar 28, 2014 11:45am EDT
(Reuters) - The central banks of Germany and China signed an agreement on Friday to facilitate transactions in the Chinese currency in Frankfurt, the Bundesbank said, making Germany's financial capital the first hub for such payments in Europe.
The Bundesbank and the People's Bank of China signed a memorandum of understanding during Chinese President Xi Jinping's state visit to Germany on Friday, ahead of a similar agreement between China and Britain expected on Monday.
"This will make it much easier for the German real economy to clear and settle payments denominated in renminbi, marking a major step forward in intensifying Germany's economic relations with China", Bundesbank board member Carl-Ludwig Thiele said.
The two central banks agreed to intensify their cooperation in clearing and settlement arrangements of renminbi payments and laid the groundwork for establishing a clearing bank.
Financial sources told Reuters on Thursday subsidiaries of Chinese banks such as the Bank of China would be considered for the clearing bank. (Reporting by Eva Taylor; Editing by Alison Williams)
Memphis Continues: So we have (coincidentally) evidence this very week that the world's central banks are hastily making arrangements that allow them to SPECIFICALLY drop the USD in their trade. This has become such a common theme that I even labeled it an "acceleration"!
Please find value in this essay. Tho not light reading, It is very thought provoking!
I encourage folks to leave opinions or questions as reply to this thread. If question? Please try to be as specific as possible so that a thesis is not needed to reply! All reply's are simply opinions anyway right! Blessings, Memphis
THE BEAR AND THE DRAGON
MARCH 29, 2014
Reflective Symbolism and the Rise of Multilateralism By JC Collins LINK