Tag Archives: petro-dollar

Last December the IMF announced that the Chinese yuan would be included in the basket of currencies used to determine the value of a new global reserve currency called the Special Drawing Right (SDR), or world money. Now, less than four weeks following the G20 Summit, the yuan will officially join the SDR making up over 10% of the SDR. With China onboard, the SDR is poised to become the de facto global reserve currency.

The Great Quickening has commenced in an alarming fashion. In just the last 3 weeks, 10 significant events have taken place suggesting that 2015 will go down in history as extremely messy, extremely chaotic, and extremely important in the demise of the U.S. dollar. This article identifies each of the 10 events and their enormous implications and fallout.