You are viewing a single comment's thread from:

RE: Today Is the 45th Anniversary of The Most Destructive Event In Modern Monetary History

in #money8 years ago

Two links to take a look at:

http://www.worldbank.org/en/news/press-release/2016/08/12/world-bank-approved-as-the-first-sdr-bond-issuer-in-china

http://www.ft.com/cms/s/0/a9175aee-603f-11e6-ae3f-77baadeb1c93.html#axzz4HasqGaae

Also worth bearing in mind if you've been following the Shemitah and Jubilee trends:

"The Chinese renminbi will join the SDR basket of reserve currencies on October 1, 2016."

The very next day is the end of the jubilee year (Elul 29 in the Hebrew calendar). Talk about timing...