China, Russia quit dollar

[slim 1,530]

Scary. Not because they've quit using the dollar (that's just common sense on their part) but that we haven't heard squat about it. This should've been front page news and the top story of the hour on every news outlet in the country. Why wasn't it?

My link

[Nina~ 431]

Maybe because it is old news? If I am not mistaken, this was in the news late last year.

[slim 1,530]

Maybe because it is old news? If I am not mistaken, this was in the news late last year.

So because it's old it's not relevant? We've already moved past this?

[Nina~ 431]

So because it's old it's not relevant? We've already moved past this?

I thought you were bothered that because you didn't see it on the news. But it was on the news a while ago

[mawilson 2,133]

So because it's old it's not relevant? We've already moved past this?

Why is it important that two countries who have their own currencies use ours?

[Zero Sum 305]

Why is it scary if we should mind our own business outside of US borders when it comes to money?

[Mr. Big Dog 10,747]

If you didn't hear about this back in November last year then that's mostly because you're not paying much attention to international, non-US news. This is a bilateral agreement between two souvereign nations that impacts those two nations and not much else.

[_Simpson_ 250]

Why is it scary if we should mind our own business outside of US borders when it comes to money?

A "mind our own business" moment. I feel there more bottled up here. Let me be you psychiatrist, talk to me.

[Zero Sum 305]

A "mind our own business" moment. I feel there more bottled up here. Let me be you psychiatrist, talk to me.

I was following the kind of logic that other people use here, not me. You probably didn't catch that.

[Obama 2012 1,714]

If you didn't hear about this back in November last year then that's mostly because you're not paying much attention to international, non-US news. This is a bilateral agreement between two souvereign nations that impacts those two nations and not much else.

When the Dollar is still currently sitting as the World's Reserve Currency, it actually does make a difference. If people aren't buying/investing in the dollar, then that makes its value sink.

[Zero Sum 305]

How should we proceed in forcing them to go back to the USD, months after this was actually news? War? Saber rattling? Have some of you blog in Chinese and Russian to drive them into compliance?

[_Simpson_ 250]

I was following the kind of logic that other people use here, not me. You probably didn't catch that.

yeah I didn't catch that

[Mr. Big Dog 10,747]

When the Dollar is still currently sitting as the World's Reserve Currency, it actually does make a difference. If people aren't buying/investing in the dollar, then that makes its value sink.

Dude, grab a valium and read what the deal is all about. BILATERAL trade between China and Russia. They took each other's currency into their regulated exchange markets. That's all. Breathe.

[Usui Takumi 1,562]

How should we proceed in forcing them to go back to the USD, months after this was actually news? War? Saber rattling? Have some of you blog in Chinese and Russian to drive them into compliance?

I say we print a bunch of money and then drop it in Moscow and Peking.

[SuperDuper! 230]

Scary. Not because they've quit using the dollar (that's just common sense on their part) but that we haven't heard squat about it. This should've been front page news and the top story of the hour on every news outlet in the country. Why wasn't it?

My link

Not scary. Old News. Hey, let's ALL go back to the GOLD standard. Then, our paper will be actually worth something. Sorry you don;t have Moxx to have your back anymore....