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Promoted to Headline (H3) on 1/28/12:
China And Japan Currency Swap: Nail In US Dollar's Coffin


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China and Japan unveiled plans to promote direct exchange of their currencies. This agreement will allow firms to convert the Chinese and Japanese currencies directly into each other, thus negating the need to buy dollars. This is one more nail in the coffin of the dollar as the international reserve currency.

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The most excellent of submissions by Mike Preston on Saturday, Jan 28, 2012 at 8:12:11 PM
If these kind of by Archie on Sunday, Jan 29, 2012 at 12:06:49 AM