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Game Changer - The New BRICS Development Bank
#10
Lauren Johnson Wrote:from Golem XIV

There was recent announcement that the BRICS have agreed to launch a new Development bank with a $100 billion currency pool to aid countries with liquidity shortfalls. The major backer of the bank is China contributing $41 billion...

...If you want to cripple American ability to enforce its will on other nations setting up a major Custodial bank outside of Manhattan would be a very good step. The steps taken so far increasingly by-passing the dollar when settling international accounts in favour of euros or Yuan followed by setting up a lending facility for nations in trouble that is not in dollars, avoids dollar accounts in American banks and is not controlled by the IMF are all the necessary steps which lead up to breaking the stranglehold of American custodial banks and the court which rules them.

I shall be watching.

Spot on & great find!
"There are three sorts of conspiracy: by the people who complain, by the people who write, by the people who take action. There is nothing to fear from the first group, the two others are more dangerous; but the police have to be part of all three,"

Joseph Fouche
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Game Changer - The New BRICS Development Bank - by Paul Rigby - 24-07-2014, 10:26 AM

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