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Brazil, China, Russia and India proposing a multinational currency!?

Submitted by WildSatchmo on Tue, 06/16/2009 - 13:29
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According to a report from Russian news station Russia Today, China Brazil, India and Russia are discussing the creation of a multinational currency, and even looking forward to 'global' instruments. At one point the ticker in the video reads: "Leaders tout new global currency as vital credit crunch remedy"

http://www.russiatoday.com/Top_News/2009-06-16/Medvedev_call...

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Here is an article about

Submitted by Gmartine on Tue, 06/16/2009 - 14:00.

Here is an article about it.

http://www.reuters.com/article/businessNews/idUSTRE55F4UH200...

"YEKATERINBURG (Reuters) - The leaders of Brazil, Russia, India and China have asked their finance ministries and central banks to work on proposals regarding new reserve currencies, a Russian delegation source told Reuters on Tuesday.

The request did not feature in the joint communique issued after the first BRIC summit. The source said finance ministries and central banks have also been asked to outline proposals on a wider use of BRIC domestic currencies in domestic trade."

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http://www.meetup.com/RP2012GrandJunctionCO

Our country is being taken over by feudalistic war lords.

Submitted by RawfoodLiberty on Tue, 06/16/2009 - 13:42.

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

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And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

dumping the dollar...

Submitted by WildSatchmo on Tue, 06/16/2009 - 13:39.

the more I think about this report the more scary it becomes. At the end of the video they mention that one of the goals of 'bric' is to "dump the dollar as the global currency". I would imagine part of that plan would be dumping any us securities any of these countries hold. This would be an incredible disaster and the dollar would become completely worthless... really surprised I'm not hearing more about this... or, wait.. no I'm not

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- Luke