30.01.2009 - Putin’s shrinking reserves
From FT: While addressing the World Economic Forum on Wednesday evening, Russian Prime Minister Vladimir Putin offered the following thoughts on the state of the global reserve currency system: “The one reserve currency has become a danger to the world economy: that is now obvious to everybody.” He also argued that the leading powers should ensure an “irreversible” move towards a system of multiple reserve currencies, while questioning the “reliability” of the USD as a safe store of value."....... Full Article: Source
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