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China Rescues Myanmar From Dangerous Dollar-Dominated Waters — Brian Berletic

Summary:
China and the Myanmar junta agree to use yuan in cross-border trade, evading the USD-dominated system. China and Russia recently made a similar agreement. De-dollarization expands its reach as a result of sanctions.Additionally, Brian Berletic presents the Myanmar situation from a different POV politically and geopolitically.NEOChina Rescues Myanmar From Dangerous Dollar-Dominated WatersBrian BerleticRelated at NEOThe western elites have finally pushed China and Russia too far. A long awaited independent trade network and alternative currencies will certainly go forward as Washington pushes NATO deeper into Eurasia. Presidents Xi Jinping and Vladimir Putin have now agreed to accelerate attempts to create a system that cannot be influenced by ‘third parties.’The New Great Game Is Afoot –

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China and the Myanmar junta agree to use yuan in cross-border trade, evading the USD-dominated system. China and Russia recently made a similar agreement. De-dollarization expands its reach as a result of sanctions.

Additionally, Brian Berletic presents the Myanmar situation from a different POV politically and geopolitically.

NEO
China Rescues Myanmar From Dangerous Dollar-Dominated Waters
Brian Berletic

Related at NEO

The western elites have finally pushed China and Russia too far. A long awaited independent trade network and alternative currencies will certainly go forward as Washington pushes NATO deeper into Eurasia. Presidents Xi Jinping and Vladimir Putin have now agreed to accelerate attempts to create a system that cannot be influenced by ‘third parties.’
The New Great Game Is Afoot – With All Of Us “Underfoot”

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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