IMF Gives The Chinese Yuan The Green Light To Become A Reserve Currency – Episode 678

IMF giver green light for Chinese Yuan to become a reserve currency
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Rumors that Greece is making a deal turns out to be false. Depositors in Greece remove more money from the banks. Venezuela and Russia make an economic free zone. IMF gives the green light for the Yuan, it is now ready to become a reserve currency. More states join in to stop the President’s immigration executive order. Senate unlikely to push for the renewal of the Patriot Act, even though the President is pushing for a renewal. Macedonia ready to join the Turkish-Russian pipeline. By the end of 2015 the US will provide Ukraine with a 3 billion dollar loan guarantee. NATO placing permanent troops and military assets in Eastern Europe. US and coalition forces are preparing an event to take out Assad.

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Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News – 05.27.2015


Economy

JPMorgan Warns Greece “Is Not Investable” As Germany Denies Any Deal Progress

  • Rumors today about a Greek deal almost completed but it seems that it was just that rumors.
  • JPMorgan warns “hope is not an investment case. The longer we go without a deal, the less likely we believe a deal becomes/the higher the chance of Grexit.”

Continue reading “IMF Gives The Chinese Yuan The Green Light To Become A Reserve Currency – Episode 678”

Is The Devaluation Of The Dollar Unavoidable? – Episode 312

youtube_imf_devalue_economic_collapse2The Greek people are sick and tired of austerity, unemployment is ~30% and rising. The Greek people are being urged by their government to keep all money in the country to help the debt problem. More financial layoffs are looming, reports are filtering in that many will possibly lose their jobs in the next few months. The Ukraine crisis continues, the central bankers/US government are pursuing other options, meanwhile they are positioning military assets for war with Syria and Libya. The US government is trying to push legislation and attach it to the Ukraine bill which will meet the obligations of the IMF. If this legislation is not passed there is a high possibility that the US dollar might shift the reserve status to the SDR which would wreak havoc on the American people. The dollar would devalue and goods and services would be to expensive for most people.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News – 03.12.2014


Economy

  •  A protest march is planned in central Athens later in the day, while civil servants have penciled in another 48-hour strike on March 19-20.
  • Demonstrators gathered at two squares in central Athens, including cleaning staff fired by the Finance Ministry, who marched holding up buckets and mops.
  • The latest disruptions have come as negotiations with rescue lenders have dragged on for months, with the government reluctant to impose more economic pain in a country already exhausted by a six-year recession. Continue reading “Is The Devaluation Of The Dollar Unavoidable? – Episode 312”