Jim Willie: Petrodollar dead by July

End of the line with petrodollar and old alliances

4/28/16 – (TruNews) Statistical analyst Jim Willie says the recent moves by the rising Eurasian Trade Zone have set the stage for a historic toppling of the Anglo-American petrodollar by July.

Jim Rickards: IMF made secret deal to kill US dollar; replacement is world currency

USD will be replaced with a world currency called Special Drawing Rights (SDR)

4/5/16 – Internationally renowned global macro-economist, lawyer, and author of The Death of Money, James Rickards says a secret deal has been struck to kill the US dollar, and replace it with a world currency called Special Drawing Rights (SDR).

Dollar inches closer to de-throning

China officially calls for new global currency in surprise proposal by Beijing’s central bank governor.

China is calling for a global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week’s London summit on the financial crisis.  The world economic crisis shows the “inherent vulnerabilities and systemic risks in the existing international monetary system,” Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help “to achieve the objective of safeguarding global economic and financial stability.”

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