Brazil, Russia, India, China and South Africa BRICS establish $100bn bank and currency pool to cut out Western dominance. It is all back with GOLD! The BRICS Bank marks a major step to d-dollarization, and a new monetary system. It should replace the Western-dominated “Petro Dollar” The statement by Chinese Foreign Minister Wang Yi on 22 December 2014: “If the Russian side needs it, we will provide necessary assistance within our capacity” – is a clear testimony that Russia and China have entered into an economic alliance which will be stronger than the incessant ruble and petrol devaluation manipulations by Washington, aided by the Saudi Arabia. youtu.be/O4B0ETjJmuk
Posted on: Thu, 22 Jan 2015 19:08:45 +0000
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