China, Japan and now Brazil...All Denounce the US Dollar
"The Daily Reckoning"
China, Japan and now Brazil...All Denounce the US Dollar
US Dollar Out of Asian Markets 
Joel Bowman
Reckoning today from Buenos Aires, Argentina...
History was made recently when China waged war against the US dollar — making its first move toward unseating the dollar as the world currency.
Thursday evening while we slept, China opened up foreign trade under the yuan — essentially strong-arming the dollar out of the world’s largest and fastest-growing market.
What does this mean to you and me?
After what happened halfway around the world, it means that your $5 Starbucks coffee could double in price.
And what can the American government do to stop it?
Nothing.
Watch this short video to find out how we as American citizens can fight back against $10 cups of coffee and $6 loaves of bread...
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