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May 19, 2009

Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar

This is the end of the US world hegemony my friend:

Earlier, WSJ reported that Brazil had turned to the Chinese for help financing its domestic oil business. In return, the Chinese would get guaranteed oil supplies. That’s not all President Lula was discussing on his trip to Beijing… (FT)

Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz InĂ¡cio Lula da Silva, Brazil’s president.

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A Plain Man's Guide To Tax, Taxation And Other Fictions

Mandatory reading of today, by Keith Pope on OpedNews:

"With the present reaping of the Treasuries to support the collapsing banks to enable them to continue lending us OUR money at interest from our and our descendents' future debt - all taken without our consent or consultation - our future generations are committed to repaying this debt forever as a form of financial 'original sin'. Surely, the only 'sin' is of omission in that we have not stopped it all long ago." Here