Jesse's Café Américain Mon 2009-12-28 16:22 EST

What Will the World Reserve Currency System Become? The Stakes Are Enormous

Jesse

The deterioration of the dollar reserve currency regime is obvious.If we have forecasted correctly, the world will look to some variation of the IMF's Special Drawing Rights as an eventual replacement for the US dollar. Therefore, the recomposition of the SDR next year will become a lightning rod for the global stresses created by an increasingly unstable and impractical system of global trade...A new global currency should replace the US dollar as the international reserve currency, as the long-term deterioration of America's economy and the greenback is fuelling a "currency-regime crisis," says Martin Wolf, associate editor and chief economics commentator of the Financial Times.

Enormous; Jesse's Café Américain; stake; World Reserve Currency System Become.

Jesse's Café Américain Sat 2009-10-10 11:50 EDT

The Plan to De-dollarise the Oil Markets: Its Roots and Implications

Jesse

The breakdown of US dollar reserves being held overseas in the attached article of news is interesting, even though estimated. I am curious to see when Kevin Phillips and Chalmers Johnson start speaking to this as this sort of historic change is in their respective ballparks. Of course, there is always the option to listen to those in the American financial media who dismiss the internationally respected and well-connected Robert Fisk as a commie crank, a liberal web spinner, and a tinfoil conspiracty theorist.

De-dollarise; implications; Jesse's Café Américain; oil markets; plans; rooted.

Fri 2009-01-16 00:00 EST

Why US Dollar Investments Are A Ticking Time Bomb - Contrarian Stock Market Investing News - Featuring Bargain Stocks

Why US Dollar Investments Are A Ticking Time Bomb, by Manraaj Singh; China likely to sell large chunk of US dollar reserves

Contrarian Stock Market Investing News; dollars invest; Featuring Bargain Stocks; ticking time bomb.