DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - China Launching Gold Backed Worldwide Currency

**connandoilee** · 09-05-2012, 07:00 AM

cant wait to see how the US and the EU will respond to that... amazing news but Id like to see it confirmed by more outlets

The Euro will be fine. It has gold on its balance sheet. The EU will dump the dead weight southern countries and end up as a Nordic/German gold backed currency.

09-05-2012, 07:00 AM	#9
connandoilee Join Date Oct 2005 Posts 447 Senior Member	cant wait to see how the US and the EU will respond to that... amazing news but Id like to see it confirmed by more outlets The Euro will be fine. It has gold on its balance sheet. The EU will dump the dead weight southern countries and end up as a Nordic/German gold backed currency.
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