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Dollars Reserve currency status under threat-BRIC’S prepare to move out of the US Dollar

Dollars Reserve currency status under threat-BRIC’S prepare to move out of the U.S.D.

Cross-posted by Charleston Voice from China Money Report

Not to be alarmed. This proposed move is safely under the control of the CFR through its proxy, the Carnegie Endowment for Peace. Don't tell them, but the BRICs have been hoodwinked by the globalists to submit their people under monetary control. Then, of course political control. Hey, nobody ever said the long march to a New World Order would be easy.

June 20, 2012 / D.Collins

The BRICS countries said on Monday that they’re considering setting up a foreign-exchange reserve pool and a currency-swap arrangement as financial problems threaten to spread across the global economy.Leaders of the five-member group —Brazil, Russia, India, China and South Africa — also said BRICS is “willing to make a contribution” to increase the International Monetary Fund’s ability to rescue troubled economies.

Army Gen. Martin E. Dempsey, chairman of the Joint Chiefs of Staff, speaks at the Carnegie Endowment for International Peace in Washington, D.C., May 1, 2012.

President Hu Jintao joined his counterparts from other BRICS nations on Monday morning in the Mexican resort city Los Cabos ahead of the start of the G20 Summit.

According to the Chinese Foreign Ministry, the leaders discussed the currency swap and foreign-exchange reserve pool ideas and tasked their finance ministers and central bank chiefs to implement them, according to China’s Foreign Ministry.

Read more: Dollars Reserve currency status under threat-BRIC’S prepare to move out of the U.S.D.



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