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Saturday, August 27, 2011

Inv: RMB to be included I SDR basket

http://www.bbc.co.uk/news/business-12905205

http://baike.baidu.com/view/2319856.htm

This time financial crisis should weaken US in long term. USD as a sovereign currency, can't really balance domestic and international issues. 

But SDR has limited progress, even since 60s. Anyway, the fact is, US reminds other countries again and again, via several crisis.

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