When will the renminbi overtake the dollar?
• www.sovereignman.comWithout a doubt, the existing global financial system depends on the widespread use of fiat currencies issued by insolvent governments.
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Without a doubt, the existing global financial system depends on the widespread use of fiat currencies issued by insolvent governments.
While many investors have seen this coming, for a major investment bank to tackle the issue and in harsh terms break down the difficulties facing several states, is a sign the situation may be deteriorating further.