CURRENCY WAR! China Renounces U.S. Dollar with Swap Agreements with 26 Countries!
Currency wars have been ignited. In fact, Switzerland has even lifted the peg on the Franc sending the currency up 30% instantly. Country after country have been engaging in swap agreements with China in order to diversify away from the U.S. Dollar. These countries will slowly erode the value of the Dollar, destroying the remaining legitimacy of the U.S.
The currency wars are on.
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