Showing posts with label alternative. Show all posts
Showing posts with label alternative. Show all posts
Friday, April 3, 2015
Monday, March 9, 2015
China Completes SWIFT Alternative, May Launch "De-Dollarization Axis" As Soon As September
Be careful what you wish for, President Obama. You might just get it.
http://www.zerohedge.com/news/2015-03-09/de-dollarization-encircles-globe-china-completes-swift-alternative-may-launch-soon-s
http://www.zerohedge.com/news/2015-03-09/de-dollarization-encircles-globe-china-completes-swift-alternative-may-launch-soon-s
Labels:
alternative,
China,
Completes,
De-Dollarization Axis,
launch,
SWIFT
Wednesday, November 12, 2014
Russia to launch alternative to SWIFT bank transaction system in spring 2015
This is another example of western sanctions against Russia backfiring as they accelerate de-dollarization globally. The USDollar losing its reserve currency status will be the end of the US as the sole superpower and have adverse effects on the dollar's purchasing power.
For those who are unaware of the SWIFT financial system, one uses SWIFT when wire transferring funds.
http://rt.com/business/204459-russia-swift-payment-alternative/
For those who are unaware of the SWIFT financial system, one uses SWIFT when wire transferring funds.
http://rt.com/business/204459-russia-swift-payment-alternative/
Labels:
alternative,
bank transaction system,
launch,
Russia,
SWIFT
Tuesday, October 9, 2012
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