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19-11-2014, 03:02 PM
The trend is clear that Russia is leaning to the east. Russia had been hoping to use EUR to dislodge the USD, but times and alliance have obviously changed. Yuan will be a hard currency for global trades unlike Rubles.
What is more intriguing to me is how far the Chinese will go with this relationship. The enemy of my enemy is my friend is clear to the Chinese strategists, but there is a limit to that axiom.
What is more intriguing to me is how far the Chinese will go with this relationship. The enemy of my enemy is my friend is clear to the Chinese strategists, but there is a limit to that axiom.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)