Warning of threatening monetary turmoil

The US dollar on reprieve, the Asian Development Bank warns of threatening monetary turmoil – The oil trade is uneasy about the increasing impossibility of reinvesting the petrodollars they are accumulating, whereas the bank world is pondering over the dollar’s real value. A downturn in trade has just begun on the stock exchanges of the Gulf, even as the Asian Development Bank was warning its members against a possible collapse of the US currency. What if the dollar was really no longer anything but fiat money? (Read the rest of this long article on the english website of Reseau VoltaireNet.org).

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