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New World Currency?

The Chinese have put out billboard ads announcing the Renminbi as the New World Currency
March 4, 2015
Bangkok, Thailand

When I arrived to Bangkok the other day, coming down the motorway from the airport I saw a huge billboard—and it floored me.

The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”

Given that the Bank of China is more than 70% owned by the government of the People’s Republic of China, I find this very significant.

It means that China is literally advertising its currency overseas, and it’s making sure that everyone landing at one of the world’s busiest airports sees it. They know that the future belongs to them and they’re flaunting it.

FULL STORY HERE: http://www.sovereignman.com/trends/the-chinese-have-put-out-billboard-ads-announcing-the-renminbi-as-the-new-world-currency-16318/

One Comment:

  1. The move of China making its currency – the renminbi available to the world IS very significant – thank you for this article Johannes ~ Some economist say China might surpass America’s GDP in 10 years even though, as the article points out, it has slowed down in the short term ~ So the introduction of China’s currency on the world market competing with the Dollar and Euro could have a HUGE impact on the world wide financial systems and power structure in the years to come ~~~

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