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  • China and Brazil Plan to Dump Dollar

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    Jonathan Wheatley
    Financial Times
    May 19, 2009

    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 Inácio Lula da Silva, Brazil’s president.

    • A d v e r t i s e m e n t
    • efoods
    The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency.

    Mr Lula da Silva, who is visiting Beijing this week, and Hu Jintao, China’s president, first discussed the idea of replacing the dollar with the renminbi and the real as trade currencies when they met at the G20 summit in London last month.

    An official at Brazil’s central bank stressed that talks were at an early stage. He also said that what was under discussion was not a currency swap of the kind China recently agreed with Argentina and which the US had agreed with several countries, including Brazil.

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    Comment Rules

    101 Responses to “China and Brazil Plan to Dump Dollar”

    1. Big Bill Says:

      I think the Imperialist party is over.

      nas Reply:

      june they plan to take out obama.

      nas Reply:

      mickey mouse and goofy.

      Wizard-of-OZ Reply:

      So should we watch for a quick trip to Dallas ?

      revrend_jones Reply:

      This banker usurper sellout isnt WORTHY of being compared to kennedy..

      whatsoever

    2. Armed*Serenity}-;='--- Says:

      Why not just use monopoly money? Each time ya pass go you get 2 trillion more.

      JT Reply:

      I sen Fannie Mae $50,000 in monopoly money. The nominal paper value of my paper is equal to the nominal value of their paper.

      Take me to court if you don’t like it. My US and State Constitution says their will be no money printing and gold and silver is money. See you in court.

      spoiledbrat Reply:

      Armed Serenity: Where can I sign up for THAT game!!!
      Actually it’ll be the Amero or whatever else they can get away with…

    3. bigpete Says:

      the US dallar is fucked

    4. Andrew Says:

      Hello AMERO!

      Raven's Call Reply:

      I’m not sure the amero will ever come to fruition. It appears more likely to me that we’ll move straight to a single world currency, protected by the chip.

      True Bread Reply:

      the “globero”….???

      red Reply:

      credits

      Plankton Reply:

      globero, hahahahahhah. that is effin’ hilarious. sounds like spanish, which is the next dominant language in the years to come in the U.S. Whether you like it or not, it’ll happen.

    5. cb Says:

      And the U.S./elite etc. will now use this an excuse to introduce the official concept of a ‘one-world currency,’ as oppose to referring to it as swap rates.

    6. Alen Says:

      I am glad the US Dollar is going bust, the free ride is over for you guys….you guys have to get your shit together now. I also hope Walmart goes bankrupt too but looks like they’ve abandonned the US market now that they make more money overseas and have been shutting stores all over the US.

      Brete Reply:

      Where are you from? I appreciate what you’re saying about the US needing urgent change.. It’s true in all respects, and they never deserved to be the World’s Super Power, focusing largely on military!

      FreedomLover Reply:

      How about some respect here. No matter what anyone thinks of the US, there are good people here. Who is the first on the scene with aid when any disaster happens anywhere in the world? Americans, in spite of their problems, are still some of the most generous and compassionate people in the world. When something bad happens to this country, you hear “well, they probably deserved it.” Very few other countries come to our aid when something happens. Our own people dig deep into their own resources to help others, in spite of what the crappy government does or does not do.

      Uhhh Reply:

      LOL, get real. The Scandinavian countries are the biggest contributors to international aid (as percentage of GDP), and it isn’t “tied” (i.e. no conditions attached to spend the money on products/services from the donor country).

      Uhhh Reply:

      That said, of course there are good people in the United States. Good people are everywhere.

      FreedomLover Reply:

      Thanks for your help when it is given. But I was thinking of organizations such as Samaritan’s Purse, whose funding comes largely from Christians who expect no return on their investment and who attach no conditions to how the money is spent.

      CK Reply:

      When you say “you guys have to get your shit together” is a completely idiotic statement. As if the place you live is any better. You’re probably one of those types takes credit for the success of your local football team as in “we won…we’re so great.” As if you really have any control over anything. Even IF the place you live is any “better” morally or financially in any degree I bet you still didn’t really contribute and ultimately have next to no control over the destiny of your place of residence. Your statement is arrogant!Why don’t you just help wake up the world instead of smuggly critisizing the USA. And no I am not from the USA I am from the UK.

      londoner Reply:

      CK, you do seem to be veeeeeeeeeeeeeeeery USA toadying. You make me sick! You’d better to make your homework first!

      Unified Consciousness Reply:

      You are where you are for whatever reason. As a spirit incarnate on this planet in your apparently solid vessel at this time it matters not where you are or which accent you carry (thank christ i’m australian ;-) We are ALL in this together. Unity is key for us and we connect on the heart level of quantum existence. We aren’t organised enough to meet in person like say Bilderberg or the secret societies. Nay, we connect on the heart level of the 5th dimension and nothing short of Love for All will do. It is in this space of unity that earth can renew toward a path of peace. All these bulldust systems of economics and law must come down like a bag of spuds and we can only pick up the pieces if we treat each other as we would like to be treated ourselves.

      Brothers and sisters of terra earth, let’s be friends for goodness sake

      Wizard-of-OZ Reply:

      fcuk that.. stand up and rebel. You being an Australian should realise that serfdom is what Australian should apply to. After all wasnt that how Australia was founded on 7 years hard labour and servitude before you allowed to be free but never being able to return to your mother country. All the I love GOD stuff is fine but unless you grow a pair you will always be the commonwealths bitch.

      Unified Consciousness Reply:

      I made a similar post elsewhere and somebody else replied to my comments so i’ll share them with you mate because i agree with his sentiments:

      “You can’t FIGHT for peace…but you can PEACE for peace.” You cannot eliminate a problem with the same energy that created it. It’s a bit like trying to put out a fire with gasoline. I’m not implying that we should just sit back, not take action and meditate/pray our way to victory. We should meditate/pray AND take PEACEFUL action, keeping Love alive in our Hearts and Minds.

      “We must become the change we wish to see in the world.” -Mahatma Gandhi

      Fight the Good Fight!
      Hand out flyers and/or DVD copies!! (wearechange.org has one of the best 911 Truth flyers)
      Choose Love over Fear!!!”

      As for your comments regarding Australia we (human beings on the earth) had 60,000+ years of living peacfully in the magnificent surrounds of the lands now commonly called Australia. The British brought their own version of filth with them and yes they’re still here controlling everything as they are in your lands. So we have a similar present and a potentially similar future. I’d rather fight with you than against you my fellow “truther”. Take care buddy

      red Reply:

      it’s not right to generalize the entire population with a statement like “You guys”
      it’s the ‘gubment and WORLD bankers that are the problem, not “you guys”

    7. Molon Labe Says:

      America is swirling around the drain faster and faster every day.

      smokeringhalo Reply:

      Exactly what ‘666′ REALLY represents. Not just America, but for ALL human existence. Circling the drain and unable to escape this cyclonic trap of separation.

    8. Dave Says:

      Who can blame them,we have been printing this like crazy and the Chinese are getting nervous.
      I read a survey of 30 different nations that got off the gold standard and the amount of time it took for a countries’ currency to become worthless after having abandoned the gold standard is 33 years…
      We’ve been off for 35 years (Aug 1974).

      Raven's Call Reply:

      The death of the dollar is no accident. This has been planned for quite some time.

      Attiba Reply:

      Yes sir, you are so right. This is not a mistake or consequense, but a deliberate act that goes back so far, it is viod of common interpretation.

      Wizard-of-OZ Reply:

      correction the day that gold to dollar died was by order of Nixon on the 15 August 1971 with help from Henry Kissenger. Know your enemy

    9. Dave Says:

      Correction,it was August 1971

    10. Jesse Ventura Says:

      You guys see me on Faux-N-Friends this morning? I almost whipped out a can of Navy SEAL whoop-azz on that panzy-azz Brian Kilmeade.

      Tee Reply:

      Jesse what happened this morning they went to a cut scene and you never came back on. I was so interested in what you were saying and that Brian Kilmeade knows he could never stand to be waterboarded. Hurrah for you bring knowledge to the people willing to listen. I was ready to see that can of whip a** pulled out and put down on everyone of the cowards on the show this morning. You have got it so right and they are so wrong the difference is that they just don’t care and think they are safe. When are people gonna wake up!

      KDUBBLL Reply:

      every show jesse goes on, he opens a can of whooop @ss!

    11. Breathing Easy Says:

      Boy this will be a case of let’s see who getrs screwed the most! The Brazilians or the Communists! lol.
      Brazils money just took another big down hit this year and the Communists manipulate their currency on a daily basis.

      EVOVAL Reply:

      When you say communist manipulate their currency daily are you referring to the US or China?

      londoner Reply:

      Well, Brazilian central bank does’t make currency parity by the other hand China does. So the question here is not who is gonna be screwed, but who is gonna be flexible enought to the ups and downs of global market and loose least.

      Unified Consciousness Reply:

      In Australia we produce twice as much food as we consume but there’s been a deliberate attempt to buy family farms so who owns these massive Agri-businesses is anyone’s guess. Most of our other resources are being sold to front companies of the Chinese Govt. We are pretty vulnerable here like anyone else but it’s not as bad as mainland Europe or the UK. Londoner mate, fancy an extended visit down under?

    12. WtfAmerica Says:

      just to jump back a little, I actually already saw a commercial on the telly for the chip. It’s already happening.

    13. chewbacca Says:

      9/11 Lessons From Star Trek
      http://www.youtube.com/watch?v=2CyjD6Ulf6s

      jw Reply:

      EXCELLENT!!! Thanks for the video.

    14. USpaladin Says:

      Argentina declared war on Germany in 1945, right before the war ended, so that they could legally go in and extract the top brass Nazis and offer them sanctuary in exchange for the advanced sciences and discoveries that the Nazis had made. There is a basis for all this craziness going on and it’s actually not that hard to see why people freak out in such an extreme fashion when they learn it. I was shocked for a couple of days. Well, globalists, get over it. What happened, happened. Trying to use torsion physics and virtual servitude doctrines to control your fellow man simply will not work. You can’t live in the world and remain apart from it. It’s an obsession of cleanliness on a planet made of dirt. You drive YOURSELVES mad trying to stay spotless and pristine. The divine right of Kings can’t logically be based on god’s preference because the tenuous “proof” is counterintuitive in such dogma. It doesn’t work in natural selection either because of the odds against the preservation of pure genetic lineage in a handful of bloodlines. The only excuse that does work is outright occultist history and alien intervention, and even that is stretching. We’re much closer to knowing absolutely nothing that we are to knowing everything, and you’re no exception. You are being played by forces you can’t possibly understand or dictate. The more you lend your time and effort to these ambiguous forces, the more obedient and dispensible a slave you become.

      maestro Reply:

      who said “freedom is just another word for nothing left to lose”

      wow Reply:

      That was the most awesome post I’ve read in a while.

      londoner Reply:

      That was the most stupidy post I’ve read in a while.

    15. The Jack Bull Says:

      When in bloody hell are my fellow Americans going to “WAKE UP” to our “FRAUDULENT FIAT MONETARY SYSTEM” and act like “FREE ADULT PATRIOTS” that can start mobilizing ” A LAWFUL REBELLION” ??!! Pen to paper, meetings, peaceful protest, advertisements, airplane banners, petitions, email, oh yeah.., “THE CONSTITUTION” and “file for redress of grievance” you Lazy Pathetic Sheep!!!!!!

      Ted Reply:

      GO! Jack Bull

      I have to say you are all nutters and these ramblings make no difference to the world (which I am mighty glad about!) but my you are all entertaining to read.

      Raven's Call Reply:

      You can’t be suggesting we do something for ourselves! Why, that’s just plain old crazy talk. Obama has promised to give us all that we need and more. We’re americans! We’re entitled to let the rest of the world work and provide us with luxurious permanent vacations. Oh, wait…no, no, these aren’t my thoughts, these are the influences being driven into my brain every day. Maybe I really should get out of my seat. Maybe I really can do something for myself. Nah, that’s just too much work. Obaaaaamaaaaa! Obaaaaamaaaaa!

      THE WHITE BLACKNESS Reply:

      troll masta.

    16. Good Reason Says:

      I support The Jack Bull. Wake up people! Educate yourselves about what is really happening, ie whos controlling the economy, interests of Bilderberg, CFR, and Trilateral Commission, NWO, chipping, instead of crap you see on CBS or NBC… who really cares if Susan Boyle plucks her eyebrows? Is that really news??? We need to stand up and voice our views, we will NOT continue to be taken advantage of while the bigwigs collapse our currency and economies and subject us to poverty. Good place to start is givemeliberty.org, and petition for redress. Go out and participate in protests. Know the real current events (sorry Susan Boyle)…knowledge is power. We outnumber the idiots!!!

    17. dick cheney Says:

      that’s why I moved all my money offshore, and used it to buy up real assets.

      p.s. i hate you all, especially jesse ventura

    18. Jae Mackensie Says:

      People ARE waking up but there’s still not enough. And those who DO something are bringing punishment to the rest of the population – such as this new “Swine Flu” Pandemic. I believe these things are designed to put us back in our places or eliminate us or at least distract us. But more are waking and more will fight back. It will take a little time, but the bolder the evil doers become, the more people wake up … so let’s have some faith.

      Attiba Reply:

      Yes I agree, but I think they failed with the swine flu, or it didn’t do what they thought it was going to do. There are still a few tasmamian dick cheney types jumping up and down calling for pandemic status. That only tells me things are about to get worse. they will have to produce a major crisis in order to declare martial law. Its coming, make no mistake!

      Raven's Call Reply:

      All they have to do to declare martial law is revoke the second amendment. That would create a major crisis! I’ve wondered for some time if the mainstream media’s comparison of Obama to Lincoln is more of a “prepare for civil war” call than an attempt to put Obama on a pedestal. I think you’re right about the swine flu…it’s not going quite as planned, which could be good or bad for everyone.

    19. SERFIN USSA Says:

      Read Peter Schiffs ‘Crash Proof’. He’ll tell you why China’s going to do it, and what you need to do to save some assets in the collapse.

    20. U N Devil Says:

      Jack Bull do you have a movement that “we the people” can join? It all sounds great but when they come to your house and pound your head in because you fell asleep on the couch holding a cold beer the revolution is over.

    21. gravel kucinich paul nader Says:

      The dollar is toast.
      Watch the hyper inflation

      Attiba Reply:

      This generation of sheep, have never seen a crisis, or the glorious greenback devalued. They have it hidden everywhere, oblivious to the fact that it will be worthless. I tell people all the time, and they give me this look like “dude, you need to take a pill”, and most say it will never happen. These are the people who love the dollar and know nothing else. Struggled for that peice of paper all their lives, and one day its worthless? There will be hell to pay in the streets! Watch for it. Whose Agenda?

      nader paul kucinich gravel Reply:

      Sheep shearing will wake ‘em up.

      Follow the money
      Follow the profits

    22. "Bob" Says:

      When will Alex Jones admit to being a closet Zionist?
      We already know what a fucktard Bermis is!

      Why won’t he have Nathaniel Kapner on?

      bobs gay life partner Reply:

      What station is your show on again?

      I’d like to hear you interview nathaniel on your show.

    23. wheel in motion Says:

      the wheels are in motion already. The US will never be the same ever again! Too much greed=failed government. All we have to do is look at past world powers. They got to cocky and bit off more than they can chew. They saw themselves as gods and wanted others to worship their thinking and values. Today is no different. Hard times are coming but the end is brighter and better. HANG ON!!!!

    24. shannon fleming Says:

      does anyone see the spiders in the webbibg of the border of the $100 bill . to the left and right of the prezz’ head. don’t know it just caught my attention.

    25. they did not fail Says:

      The Swine Flu DID NOT FAIL!!!! It’s the transport…we’re all already infected, its just a matter of time. big deal..its not that deadly…..you’re right, it’s not….but it also has bird DNA in it….ok….here’s the light bulb moment…………wait for it….wait for it……Swine flu = transport, bird flu = killer…it’s only a matter of time before bird flu combines with swine flu, which it can do because swine flu has bird DNA in the virus.

      maestro Reply:

      it is all in the doo doo too “TB”

      FreedomLover Reply:

      Wait for it. I thought one of my posts was censored too, but when I got back on the next day it was there. Something in the uploading. Chill out, dude!

    26. gonna censor this one? Says:

      The Swine Flu did not fail!!!!!

      Swine flu = transport
      It contains swine, bird, and human DNA

      Bird flu = the killer

      Swine flu + Bird flu = bad news

      They can combine because swine flu has bird DNA.

      It’s only a matter of time.

      londoner Reply:

      2 + 2 = 5

    27. wtf why censor this fucks Says:

      The Swine Flu did not fail!!!!!

      Swine flu = transport
      It contains swine, bird, and human DNA

      Bird flu = the killer

      Swine flu + Bird flu = bad news

      They can combine because swine flu has bird DNA.

      It’s only a matter of time.

    28. this one make it thru the censor? Says:

      The Swine Flu did not fail!!!!!

      Swine flu = transport
      It contains swine, bird, and human DNA

      Bird flu = the killer

      Swine flu + Bird flu = bad news

      They can combine because swine flu has bird DNA.

      It’s only a matter of time.

      Nelson Muntz Reply:

      Ha Ha!

      maestro Reply:

      and top it all off with tb, the mutation will be endless…this will be long and drawn out ‘very painful’

    29. woody in wyoming Says:

      If the fed counterfitted Mickey Mantel rookie cards 24/7 they would make the existing ones worthless?

      WHY DO PEOPLE THINK CREATING MORE DOLLARS BY THE TRILLIONS WONT MAKE
      OUR CURRENCY WORTHLESS.

      DONT RISK IT…GET YOUR MONEY INTO GOLD, SILVER, GUNDS AND FOOD

      THEY ALL DO BETTER THAN STOCKS OR BONDS

      FreedomLover Reply:

      I’m starting to stock up on canned food. I have only a few other assets, though, and I’m desperately working to get out of debt.

      Too bad I got robbed 9 years back. Creeps.

    30. GetReadyForHyperInflation Says:

      It’s going to start by the end of this year, folks. Hope y’all are ready. After about 12-18 months, when the food riots start, UN troops will be sent to the major municipalities to restore order. They won’t hesistate to shoot Americans. It will be time to lock and load.

      “Red Dawn” was a beta test.

    31. jan Says:

      Maybee,They have seen THEE video Eye of the phoenix,secret of the dollar bill,and the DEMON, only joking

    32. TX_Squirrel Says:

      Yup, the new world currency will replace the dollar will continue the ponzi scheme.

    33. Gabriel Valente Says:

      FUDEU!!

      Quando dólar cair (e nós do Brasil, junto com a China ajudaremos), se preparem.

      We’re fu%#%$ man…

      londoner Reply:

      You moron, you are not smart enough to understand that this is for English speakers. Are you? If you are a coward or illiterate to express yourself in this language, get out of here. Moreover it is too much presumptuous of you to think your country and China will do anything useful to the global comm.

      Gabriel Valente Reply:

      Hey man, be chill.

      I’m on your side, dumbass

      lxonxrdx Reply:

      você acha que lula é diferente e não tem idéia de nada?
      haha.

      Londoner chill the fuck out, English isn’t a requirement in this website, don’t bitch when you lose your freedom to express the way you want when they take that away from you, moronically you are suggesting exactly the same with those comments.

      Gabriel Valente Reply:

      Poxa, não duvido nada se ele não souber, sera que ele sabe mesmo?!

      temos que fazer algo por aqui no Br, não acha?

      londoner Reply:

      You d know that this guy is fucking you out!

    34. Goldman's Sachs Says:

      Bye, bye arrogant DC power trippin’. You have made yourselves worn out ugly old prostitutes that no one wants any more.
      All money will be equal now since money will be valued as a unit of productivity.
      That would make the salaries of bankers, who do nothing or make nothing, much, much less.
      Production, you know, making something people want or need is the way to go. Too bad washed up USA will never realize this.

      FreedomLover Reply:

      Nope, they have already bought their gold. They have passed laws that exempt themselves from taxes. They don’t even need to work as they are the top of the food chain, and their houses are well stocked with everything they need. They can last a long time while they send their thugs out to wrench our poor pathetic stockpiles out of our hands and kill us if we resist. God is our only help now, but He is bigger than the NWO trash.

    35. Gabriel Valente Says:

      Unfotunately there are so little few Brasilians who knows what’s going on.

      If Americans think is hard to wake people up, imagine here.

      Since we’re the biggest economy in South America, us and china dumping the dollar will have a huge impact in the economy. Our president is so dumb that he dont have a clue of what’s actually going on…We’re a banker-owned nation, so no big surprise if we keep on helping the nwo agenda without even knowing we’re doing it.

      Btw, the caller who said he was from Brasil while John Perkins was one, for sure was NOT BRASILIAN, i’m 100% sure. He had sort of a mexican accent, way different than the portuguese accent.

      Anyways, our independence was funded by the Rothschild!

      http://www.rothschild.com.br/rothseng/hist.htm

    36. Highlanderess Says:

      Something’s brewing. First, it was the global economy. Now it’s bailouts, foreclosures, bankruptcies, chemtrails, videos of thousands of plastic coffin liners, military exercises in residental areas, census people putting your house on GPS, swine flu and rumors of a Aug/Sept 09 bank collapse. It’s coming…prepare, prepare, prepare!

    37. Afreepress Says:

      http://bloodforoil.xanga.com/

    38. FreedomLover Says:

      My blood just ran cold. If anyone has an open mind, please check this out. I received the email from a friend about 3 weeks ago…

      http://www.unleavenedbreadmini.....=wilkerson

    39. razor Says:

      Looks like China and Brazil are smarter than Americans.

    40. Wizard-of-OZ Says:

      problem is NWO
      reaction is watch more football, baseball and other sports played on grass.
      solution is the Final One. The players havent changed

    41. Dennis Davidov Says:

      http://www.thepetitionsite.com.....al-reserve

    42. Guy Says:

      If they dump the dollar will everyone be poor or will they let you trade out your dollars for the Amero coins?

    43. theAustrians Says:

      Pretty much exactly what the Austrians predicted…

      http://www.TheAustriansWereRight.com

    44. The Joker Says:

      China will not drop the dollar, we owe china trillions…correction are kids owe them trillions. If china drops the dollar, those loans will be null and void. If they drop the dollar whos going to bye all the garbage they inport to us every day…..if anything else, the chinese are good with calculation. If china dumps the dollar there wont be any amero or mexicono, or globero, there will be WAR..not just any war, but real WAR. You can have all the guns and ammo you want but, its hard to pull a trigger with radiation sickness……

    45. Killers of Democracy Says:

      1-EUA
      2-Brazil
      3-China
      Globalization comunisty Tirany
      Plan de Governing Wolrd Order in Pratice
      Bellieve?

    46. R3volution Says:

      Só uma Revolução e um viloento contra golpe nos salvara

    47. Resident EVIL Says:

      Exploding Brazil ,China ,USA,
      Comunistys of Hell