China and Russia Ditch Dollar?

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Uploaded by on Nov 26, 2010

There's more of a shakeup for the global economy with London students protesting tuition hikes to the fear that Ireland's bailout, won't be the only one. And then there's China and Russia that have decided to quit the dollar. RT's Financial Correspondent Lauren Lyster breaks it down.

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  • lauren lyster is hottt!!!

  • Ironically,you will learn more about the U.S. by watching Russia Today

    then the Ironically American maxist communistic FOX News.

    It seems the tables are turning

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All Comments (165)

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  • like what iraq tried to do.. & libya too. look what happened to them..

  • @PeanutButterAndZorg Like in 1600s?

  • This was no big secret,

  • @NYWAORCANZ The tables have turned a long time ago my friend...

  • @RealityGrapple God save the republic. 

  • Oh Yes yes, we have printed enough to supply the world with WC paper that should be enough for the next 50 years, I wonder who could beat that?

    Put your order in NOW to get your 1st free package

  • @RealityGrapple Did the mainstream media EVER tell anything in a different perspective?

    You better thank god for the alternative media who provide different side of media which those corporate media refuse to do so.

    U.S. was founded by alternative, critical thinking and the Founding Fathers willing to embrace the ideas. The greatest revolution among men isn't by guns or swords, but by intellectual. And intellectual, is the fundamental of all great nations to develop.

  • @RealityGrapple RT is an alternative media. And alternative media, tells the truth.

    Truth itself is extreme, only lie can make it moderate.

  • @RealityGrapple An economy matter isn't a hype at all, because it can effect your daily life if it does have a dramatic change (for better or worse). Just protect yourself with food, water and medical/survival kits. Don't forget have some spare cashes and store golds/silvers. And have an escape plan if all things failed.

  • @RealityGrapple If you know about free market and investment, then you must know usually a currency's lose is other currency's gain. I may be wrong, but if one day USD does lose it's trust from the investors, they might fly off and land on other currencies which have their value in some sense. Of course, when USD decline, commodities WILL be the safe investments.

  • @RealityGrapple Well, what choice they have? Because during the late 80's and mid 90's, China's economy is growing and they need customers to buy. So, they had to pegged their currency with USD. And also it's ironic that the current USD that still able to keep U.S. war machine going, was unintended "funded" by the RMB pegged to the USD.

    But because of the imported the inflation from U.S., China has planning to internationalize the RMB trading and, store more golds/silvers.

  • @RealityGrapple A currency's right of survival is base on trust and faith from the populace and, the investors. When the trust and faith gone, inflation/hyperinflation shall be the fate.

    When U.S. defaulted the gold standard in 1971, U.S. has officially in fiat money world. Luckily they (the bankers) able to persuade the oil-producing nations to trade oils with USD. But right now, there are countries that try to disconnect the USD's link.

  • @RealityGrapple They are making more bilateral trades with other nations. Where are you sleeping?

  • Fuck economy... I want to eat her out.

  • In light of the new global currency whos with me when i say i would pay Lauren Lyster 300 Yuan to take her top off lol

  •  Gheddafi wanted to drop the dollar too and push a gold currency, Saddam Hussein wanted to drop the american dollar too , if something happens to vladimir putin you know the reason

  • Why are half of these comments about the appearance of the women on this show? Lol

  • I would fuck luaren lister in her butt.

  • Yea it hot like the fames of hell in which all.slab gay americans will endure.

  • Ioi b***t

  • its time china, iran, russia stopped using the dollar.

    US dollar is a disgusting currency.

    its losing value everyday.

    the dollar is the currency of neo-nazis!

  • @MrFukaLama its time to destroy the US.

    fuck US.

    fuck the dollar

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