IMF states headquarters may be in China in future . China in UK securing Trade Deals right now UPDATE Yuan Trade deal reached with UK, No U.S. Dollars

The U.S. is grasping at their waning control of the IMF, which is frustrating Christine Lagarde and other countries. 

Lagarde said the IMF needs to make reforms but the U.S. has been blocking them.  The IMF is suppose to be headquartered in the largest economy and that is going to be China in the future.  Lagarde said the U.S. is blocking China, India and Brazil who are coming up strong from having a voice in the IMF.

The International Monetary Fund's headquarters may one day move from Washington to Beijing, aligning with China's growing influence in the world economy, the fund's managing director Christine   Lagarde said early this month.

Lagarde also pointed out that the U.S. government is an "outlier" among the G20 in  refusing to approve IMF reform, and the IMF was trying to give emerging economies like China and Brazil a bigger voice through reform.

According to Lagarde, on the part of countries like China, Brazil, and India, there is  frustration with the lack of progress in reforming the IMF by refusing to adopt the quota  reform that would give emerging economies a bigger voice, a bigger vote, and a bigger  share in the institution. “I share that frustration immensely,” she said.

 The U.S. is the only member with control weight in the voting; meaning that any major reform must be approved by the United States.

Now with Lagarde who is head of the IMF even saying the U.S. has waning influence besides saying the headquarters will most likely be in Bejing, that shows the writing is on the wall for the U.S. 



Not just that.  It appears that China is now making deals with Britain.  The Premier of China is there today on official business.  I have read these type statements before in the Chinese news websites.  They don't say it directly but it typically means, they are securing deals in trade eliminating the U.S. dollar.  Just read between the lines. 

China, for its part, has a huge market, large foreign exchange reserves and a   competitive manufacturing sector, Li said, pointing out that the complementary  strengths of the two countries mean they have many areas for collaboration.

"We look forward to stronger cooperation in finance, infrastructure construction, among others, andmore robust exchanges in research, education, and culture," Li said. "We look forward to win-winengagements."

UPDATE 6/19/14 - China reached a Yuan trade deal with the UK.  U.S. dollar bypass. 
Just as I thought and read between the lines in the Chinese article.  The UK has reached a trade deal with China where the U.S. dollar will not be used.

While four other nations had already signed such accords withChina, the U.K.’s deal yesterday made it the first European country to do so. London has been competing with cities includingFrankfurt to become Europe’s offshore yuan hub. Direct trading of the yuan-pound pair is scheduled to start today.
“Given the sheer pace and scale of growth in renminbi trade, the opportunity for London cannot be overstated,” Peter Sands, group chief executive at Standard Chartered Plc in London, said by e-mail yesterday. “The appointment of an official clearer is a logical step in London’s development as a leading offshore renminbi center.”

It appears those that had never dared stepped on the U.S. toes previously are not worried about it now.  There must be much more going on that we as the public are not aware of.  
 This is saying the U.S. is going downhill where as other countries are becoming the leaders and more financially stable and prosperous.  

I can only imagine how upset those in the top tier of the U.S. government were upset at Lagarde making this admission in the public and if our closest ally is securing trade with China, without the dollar possibly.  

I don't believe a single media outlet in the U.S. will relay this statement and information to the public.  This is not something CNBC will broadcast. 

China will be the largest economy in the world very soon.  Why does the U.S. continue to piss them off?  China has been turning away from the dollar in their trade.  They have a very tight relationship with Russia now.  We all know what is happening with our relationship with Russia.  

The writing is on the wall and now even those organizations that the U.S. has had the most influence with are frustrated due to the U.S. grasping at the melting straws. 

Bank of India DROPS Dollar in trade with China - They now ONLY take the Chinese Yuan!

This has got to have the U.S. government in an absolute tizzy and beside themselves!  The U.S. went into Iraq for less than this (daring to sell oil in Euros) and dropping the dollar.

India is now trading with China using the Chinese Yuan and has dropped the U.S. dollar completely!

This is huge the two largest growing economies are now trading between each other without using the dollar!  India and China feel the Yuan is more stable than the U.S. dollar now, as it is not being inflated.

Portion:

Indian buyers are at present making payments in US dollars, and they often have to convert rupee into the US currency for the purpose. The US dollars will no more be the intermediary currency as the BOI is offering direct settlement between the rupee and the Chinese money.

Chinese exporters want their money in the local currency, which is regarded as more stable compared to the US dollar. They are also in a position to have their way because Indian buyers do not have an alternative source of low-cost goods, sources said. 


Now the Chinese Yuan is the currency of trade between Russia and China (they dropped the dollar last year in trade between the two), besides India and China.  The Asian countries had begun trading between each other in the Yuan last year, but huge countries had held back, besides Russia.

Is this the start of more countries taking the step of using the Chinese Yuan as the currency of trade?

We can thank Bernanke and the U.S. government for printing U.S. dollars into oblivion.  Here is the graph released from the Fed Reserve Bank of St. Louis of how many dollars have been printed.

Even those who have been keeping their heads in the sand about what is really happening, should look at that graph and gasp!  As soon as the rest of the countries take the step that India and Russia have and the dollar is dropped everywhere, we will be Zimbabwe.

I wouldn't be surprised if even our most trusted and close allies announce in the not too distant future they will be trading with China using the Yuan and dropping the dollar.  Imagine if Australia/France and other European countries take this step..........  do you doubt they will at some point in the future, to protect themselves?

Last month (January) the news had come out that India and Iran were coming to an agreement to trade Oil for gold between the two countries. 

The writing is on the wall - have you paid attention?  Do you have investments that will protect you when the U.S. dollar is rejected by all the countries as the trading currency?    There have been enough people warning everyone this was coming, so no one should be shocked or surprised when it happens.   Unless of course they only listen to MSM and hear how "Wonderful, everything is".

India People also Protesting due to Inflation, Running Away in the Country

India is also having thousands of people taking to the streets, just as the Middle East has had!  They are protesting the inflation that is taking grip in the country!

This is proof, it is over Bernanke's fiscal policies that are causing unrest around the world!  The amount of dollars now on the market around the world is causing massive inflation where people are the poorest!

People in the U.S. need to stop living under a rock and realize massive inflation will be here in the not too distant future.  The cost of food will skyrocket!  Once the dollar is completely dropped as the reserve currency, we will go Zimbabwe! 

Article:

Feb 23, 2011

Mass rally against inflation in Indian capital

The mostly working-class demonstrators, many carrying Communist flags and shouting slogans against inflation and corruption, converged on the centre of New Delhi for the rally, with surrounding trunk roads closed to traffic. -- PHOTO: AFP

NEW DELHI - TENS of thousands of people gathered in the Indian capital on Wednesday to protest against inflation, complaining that rising prices were increasing hardship for the country's many poor. 

The mostly working-class demonstrators, many carrying Communist flags and shouting slogans against inflation and corruption, converged on the centre of New Delhi for the rally, with surrounding trunk roads closed to traffic. 

 

The rally was organised by the Centre of Indian Trade Unions (CITU), which joined forces with other unions to pressure the government over inflation before the unveiling of a new annual budget next Monday.

'Workers from 19 states, thousands of women among them, are reaching Delhi and will march to parliament to seek their rightful share in the country's so-called 'robust growth story',' said a CITU statement. 

 

The CITU said it expected 800,000 to one million people, though this figure could not be independently verified. Police were unable to estimate the number of demonstrators. 

 

Prime Minister Manmohan Singh has described inflation as a 'serious' threat to India's growth, and the government has been racing to boost vegetable and other supplies to bring down soaring food prices. -- AFP

200 Million A DAY - 6000 People - The Whole Taj Mahal Leased - 3 747's just for His Stuff - What am I talking about? Obama going to India! THIS IS OUTRAGEOUS! No President has EVER been THAT Excessive in History!

EDIT - 11/5/10 - The Pentagon has denied there are 34 U.S. Warships around India - but they will not say how many there are.  Also, this is Unbelievable!  The U.S. Military is building a temporary Tunnel Just for Obama to see the "Gandhi Museum!  WOW - How Outrageous and what is that costing?  Talk about OVER THE TOP!  Obama should NEVER have gone to India, if this is the over the TOP type spending needed with his Huge Entourage!  OH, seems it will be costing MORE Than 200 Million a Day - an insider of the White House leaked!   
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Original Post:

200 MILLION PER DAY!  3000 People - Actually 6000, because 3000 have already been there and Have been "clearing" the Place!  3 747s to Take Obama's Equipment and Needed Items! The Whole Taj Mahal Rented Out!  Other Luxury Hotel Rooms Elsewhere Rented Too!  His Whole Family Going!

This is simply OUTRAGEOUS!  People are being Thrown Out on the Street!  There was NO increase for Social Security recipients Yet AGAIN! Obviously the List Goes ON and ON of how the American People are Suffering!

YET the President can go on the Most Outrageous Trip EVER in the HISTORY OF AMERICA!  IN this Day and Time - HE is going on a Spending Spree as Never Before!  What a KICK IN THE FACE FOR THE AMERICAN PEOPLE!  He is Saying "Screw YOU" I spend as I want, but Not on You the Citizens of the U.S., but on myself!  Also Michelle had a nice little vacation on the taxpayers dime, last month - in Spain.  That little trip cost the taxpayers $200 Million!

Why 6000 people?  Why will Washington D.C. be empty for the next couple of weeks?  All the other elected officials are in their own hometowns for post election rests!  So, we have an EMPTY WASHINGTON D.C.!

Why are that many people getting out of the U.S., Why did Clinton also leave the U.S.?  Makes you wonder sometimes, if they know something we do not as normal citizens know!

This shows the complete disregard for the U.S. people by this government, but this has been the way for awhile now.  We the U.S. people have let it occur too.  We have not stood up and said "NO" you can NOT spend OUR money that way!  There has to be accountability!


So, the BIG question is:  WHY HAVE THOUSANDS OF WASHINGTON D.C. INSIDERS AND ELITE LEFT THE UNITED STATES AT THIS TIME?  WHY THE EXCESS OF MONEY BEING SPENT?  WHAT DO THEY KNOW?

Personally, since I have researched 9/11 for weeks a few years ago and was curious WHY so many professionals and people have questioned the "official" report of 9/11..... I found out WHY it is questioned and the "official" story is what is actually a Conspiracy!  Question Everything - Research Everything, don't just take anyone's word for it - Educate Yourself!

So, now the questions are above.....

EDIT - There are 34 U.S. War ships in the area for the President's Trip!  IF they have to go through so much for the President to visit somewhere - then he SHOULD NOT Visit the place. Also WHY is it, other leaders of countries are able to go to various countries without all of this type protection and people?  Also, the President has visited other countries before - WHY this time, such EXTREME amounts of people and equipment along with the U.S. military?  So does the cost per day, include the Military Cost?  I sincerely doubt it!
http://www.ndtv.com/article/india/34-warships-sent-from-us-for-obama-visit-64459

200 CEO's of major corporations on trip with Obama!  So Not just all politicians out of Washington D.C. but at least 200 CEO's are outside of the U.S. also.  We got D.C. abandoned and Now many top offices abandoned!  hhhmmm.....
http://ibnlive.in.com/news/over-200-top-chief-executives-coming-with-obama/134013-7.html
 

There is something Seriously Wrong with this Whole Trip!  From cost to extreme equipment and military to the amount of people!

ANOTHER EDIT - The President of China is on a trip to Paris France today.

http://www.chinadaily.com.cn/china/2010hueurope/2010-11/04/content_11504543.htm

He did not take an entourage of 3000 to 6000 people with him, he does not have Military Ships to be in the surrounding waters, he did not take 3 747's just for his own items and equipment, he does not have 40 limos already stationed in Paris!  He is not spending 200 million a day just on his immediate needs!  NO the President of China did NOT do as the President of the U.S. has done.  Considering China is a lot better economically than the U.S., the President of China is not being excessive either.  The Chinese President will also visit Portugal during his trip.