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What China's IMF Announcement Means for the U.S. Dollar

By MONEY MORNING STAFF REPORTS

China is gaining support from key U.S. allies in its push to gain reserve-currency status for the yuan.

In recent months, Chinese leaders have attempted to persuade the International Monetary Fund to label the yuan a reserve currency, a move that would inevitably dethrone the U.S. dollar.

Should China's plan to position the Yuan as a world reserve currency signify major changes to the American lifestyle are approaching?

According to economist, Jim Rickards, the answer is yes.

In a startling interview he reveals that all 16 U.S. Intelligence Agencies have begun to prepare for what could be the most piviotal moment in the American economy since the Great Depression.

Making matters worse, his colleagues believe it could happen within the next 6 months.

However, the 5 catalysts that could set this global conflict in motion are what makes his interview a must-see for every American.

Take a few moments to watch it below and decide for yourself.

 

If you've already seen this ground-breaking interview, you can claim your copy of the Project Prophecy 2.0 Action Plan here.