DING DONG THE DOLLAR IS DEAD. For those that have not been paying attention. For several years, financial analysts, primarily those outside the mainstream of academia, have been warning that any day could be the black swan event that collapses the dollar, and ends U.S. hegemony as caretaker of the world's reserve currency. That day has finally arrived as on Nov. 18, a former head trader for a major financial institution issued a harbinger and stated that 23 countries, and 60% of the world's GDP, are right now setting up new swap lines which bypass the dollar, SWIFT, and the BIS, and will usher in a new global currency system which will kill the dollar.
[9:59:32 AM] Peter Eugene: http://goingglobaleastmeetswest.blogspot.com/2013/11/twenty-three-countries-begin-setting-up.html