U.S. manufacturing contracts for the first time in three years, a survey shows

Sunday, December 6th 2015 - 12:36 UTC

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United States manufacturing activity contracted for the first time in three years in November under pressure from falling energy prices, the stronger dollar and slowing global growth, a survey shows. Read full article

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Brasileiro
This is the unspoken truth: international trade increasingly rejects the dollar. The power of the US adaptation to any reality that presents itself hostile to them is null.
The dollar has been losing ground below. Europe and Japan for decades does not grow a millimeter. And when they grow a little is because the trade was diverted to the Yuan.
The barrier that existed at the Yuan in international trade no longer exists. Only the US still keeps up this barrier.

The decadence knocked on the door of the Saxon!

From May / 2016 intra BRICS trade no longer use the international payment system SWIFT. The Bank of BRICS will take its place. This will be the first sign that the dollar will also lose its place as a source of reserves or world savings.

And in the near future the US financial system will collapse. Misery will be followed by lack of state conditions to finance its monstrous debt provoke a reaction in people of that country that will be difficult to predict their outcome.

It will be a very black future for a country that demonstrates a child proud of his Saxon nationality.

Bye bye 5 Eyes
Dec 06th, 2015 - 02:10 pm - Link - Report abuse 0
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Briton
BRICS will probably use the dollar
unless you know of another currency...
Dec 06th, 2015 - 08:11 pm - Link - Report abuse 0
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Brasileiro
All intra-BRICS trade is conducted in local currency of the destination country. And it are backed by swaps deposited in each Central Bank.

We have no more need for dollars.
Dec 06th, 2015 - 09:11 pm - Link - Report abuse 0
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Skip
No it's not.

Don't lie.
Dec 07th, 2015 - 10:10 am - Link - Report abuse 0
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ChrisR
@ 4 Skip

Great to see you have returned! Hope you enjoyed the hols.

Don't be hard on Brasso, he doesn't know anything about anything, just like his idols Lula and Dilma!
Dec 07th, 2015 - 12:49 pm - Link - Report abuse 0
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The Voice
Nostril, shut up! You know nothing and you talk hyperbolic crap.
Dec 07th, 2015 - 01:50 pm - Link - Report abuse 0
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