What do you guys make of this?

[so.cal.fan]

http://www.ibtimes.com/brazil-russia-india-china-south-africa-brics-nations-propose-creating-their-own-version-imf-world#

[JustRalph]

Goes nowhere

Too many invested in not upsetting the apple cart. Especially nowadays

[LottaKash]

Not Yet, but Soon !.....:eek: ...imo.

[riskman]

Read this article and see where we could be headed. It is not a pretty picture.

The U.S. dollar (once the king of currencies) is losing value almost by the day.
"Russia and China are leading the charge. More than a year ago, the two nations made good on talks to move away from the dollar and have been using rubles and renminbi to trade with each other since. A few months ago the second-largest economy on earth – China – and the third-largest economy on the planet – Japan – followed suit, striking a deal to promote the use of their own currencies when trading with each other. The deal will allow firms to convert Chinese and Japanese currencies into each other directly, instead of using US dollars as the intermediary as has been the requirement for years. China is now discussing a similar plan with South Korea.

Similarly, a new agreement among the BRICS nations (Brazil, Russia, India, China, and South Africa) promotes the use of their national currencies when trading, instead of using the US dollar. China is also pursuing bilateral trades with Malaysia using the renminbi and ringgit. And Russia and Iran have agreed to use rubles as a means of currency in their trades.

Then there's the entire continent of Africa. In 2009 China became Africa's largest trading partner, eclipsing the United States, and now China is working to expand the use of Chinese currency in Africa instead of US dollars. Standard Bank, Africa's largest financial institution, predicts that $100 billion worth of trade between China and Africa will be settled in renminbi by 2015. That's more than the total bilateral trade between China and Africa in 2010.

The idea of moving away from the dollar is also finding support from major international agencies. The United Nations Conference on Trade and Development has stated that "the current system of currencies and capital rules that binds the world economy is not working properly and was largely responsible for the financial and economic crises." The statement continued, saying "the dollar should be replaced with a global currency." The International Monetary Fund agrees, recently arguing that the dollar should cede its role as global reserve currency to an international currency, which is in effect a basket of national currencies."

http://lewrockwell.com/orig13/katusa2.1.1.html

[LottaKash]

Read this article and see where we could be headed. It is not a pretty picture.

The International Monetary Fund agrees, recently arguing that the dollar should cede its role as global reserve currency to an international currency, which is in effect a basket of national currencies."

http://lewrockwell.com/orig13/katusa2.1.1.html

Make way for the "NWO"....It is Biblical...