It's almost certain a yuan reserve currency will become reality 11 months from now, triggering a foreign currency shift of as much as $2 trillion - an existential threat to the U.S. dollar's status as the world's primary reserve currency.
Last week, Bloomberg reported that International Monetary Fund (IMF) officials have told Chinese officials that the yuan will join the organization's basket of reserve currencies "soon."
It's almost certain a yuan reserve currency will become reality 11 months from now, triggering a foreign currency shift of as much as $2 trillion - an existential threat to the U.S. dollar's status as the world's primary reserve currency.
Last week, Bloomberg reported that International Monetary Fund (IMF) officials have told Chinese officials that the yuan will join the organization's basket of reserve currencies "soon."
Here's why this will make the yuan a disruptive force...
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Foreign governments buy U.S. debt because of its status as the world’s reserve currency – the American economy has long been viewed as a safe place to invest.
But that’s all changing now – events that could spark a U.S. economic collapse are already underway…
The Wall Street Journal revealed this week that China – the largest holder of U.S. investments – is ridding itself of its U.S. investments at the fastest rate in history. Central banks in China, Russia, Brazil, and Taiwan are selling U.S. government bonds at such a pace that it’s caused the most dramatic shift in the $12.8 trillion Treasury market since the 2008-2009 financial crisis.
Foreign central bankers’ massive offloading of U.S. debt sends a dangerous signal.
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China has long-planned for a yuan reserve currency to undermine the U.S. dollar.
The People's Bank of China (PBOC) made its first move as far back in 1994 - more than 20 years ago.
And the years of planning have paid off. We're only a year away from a yuan reserve currency now.
Here's why this economic shock will send the U.S. economy into a Great Depression...
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China fired a shot heard 'round the world Aug. 11, stoking fears of what could become the ugliest of all currency wars. In a surprise move, the country massively devalued the yuan 2% - its biggest one-day devaluation in 20 years.
China's yuan devaluation will have more than just that immediate impact - it gives the country unprecedented, long-term control over the U.S. dollar.
Here's how China has managed to place the U.S. dollar on puppet strings...
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The Chinese government made the surprise decision today (Tuesday) to devalue the Chinese yuan. It's an action that could have dire consequences to the U.S. economy.
Today's move was the largest devaluation in the Chinese yuan's history. The yuan's value was cut almost 1.9% against the U.S. dollar.
Here's why that could have disastrous results in the United States...
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For the last 15 years, the U.S. dollar has been heading for total destruction due to the end of the petrodollar.
The petrodollar is a system in which every oil export around the world is priced in dollars.
It worked for 40 years – but now it’s one of five “flashpoints” that will trigger economic collapse…
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The U.S. is waging a dangerous financial war with Iran right now.
And if it's not managed carefully, it could embolden the dollar's enemies to mount a counterattack on the U.S. currency.
Such a move could destroy the U.S. dollar as we know it...
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China and the International Monetary Fund (IMF) want a Yuan reserve currency - and are doing everything they can to make it happen.
Their plan is already so far along that the U.S dollar could be on its way out as the world's primary reserve currency as early as October of this year.
Here's why that will create an economic crisis in the United States...
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The "Red Dragon" is awakening and the Chinese yuan is continuing to threaten U.S. dollar hegemony.
Its modernizing its financial system at a rapid pace despite China's skeptics continuing to criticize the country's potential. But they aren't just ignoring China's promising investment potential.
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The U.S. dollar has been the world's de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.
In recent years, China's been floating the idea the yuan should take on the dollar's role as the world's reserve currency.
In fact, the Chinese have already negotiated numerous bilateral trade deals that completely bypass it.
And they've even called for efforts to "de-Americanize" the global economy.
Whatever happens, China's economic rise foreshadows increased influence.
It's a trend that not only has serious implications, but also great profit opportunities, if you know what to expect...
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