U.S. has plundered world wealth with dlr -China paper

U.S. has plundered world wealth with dlr -China paper
Fri Oct 24, 2008 1:59am EDT


Trading will never be the same.

BEIJING, Oct 24 (Reuters) - The United States has plundered global wealth by exploiting the dollar's dominance, and the world urgently needs other currencies to take its place, a leading Chinese state newspaper said on Friday.

The front-page commentary in the overseas edition of the People's Daily said that Asian and European countries should banish the U.S. dollar from their direct trade relations for a start, relying only on their own currencies.

A meeting between Asian and European leaders, starting on Friday in Beijing, presented the perfect opportunity to begin building a new international financial order, the newspaper said.

The People's Daily is the official newspaper of China's ruling Communist Party. The Chinese-language overseas edition is a small circulation offshoot of the main paper.

more......http://www.reuters.com/article/companyNewsAndPR/idUSPEK466920081024?pageNumber=1&virtualBrandChannel=0

...from the U.S. Treasury?

Got a good nights sleep and finally got it. Was brain dead last night errr... this am :)

The word Amero threw me although might be in our not to distant future.

worth of products to the usa. they did`t complain when thousands of businesses were destroyed in the usa because of their cheap labor and 0 laws concerning labor safety and pollution controls.

ya dance with the devil so do`t complain about getting burned