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BRICS morphing into anti-dollar alliance
Voice of Russia ^ | 03 July 2014

Posted on 07/03/2014 4:48:53 PM PDT by Lorianne

Before the crucial visit to Beijing next week, the governor of the Russian Central Bank, Elvira Nabiullina met Vladimir Putin to report on the progress of the upcoming ruble-yuan swap deal with the People's Bank of China and the Kremlin used the meeting to let the world know about the technical details of its international anti-dollar alliance.

On June 10th, Sergey Glaziev, Putin's economy advisor published an article outlining the need to establish an international alliance of countries willing to get rid of the dollar in international trade and refrain from using dollars in their currency reserves. The ultimate goal would be to break the Washington's money printing machine that is feeding its military-industrial complex and giving the US ample possibilities to spread chaos across the globe, fueling the civil wars in Libya, Iraq, Syria and Ukraine. Glaziev's critics believe that such an alliance would be difficult to establish and that creating a non-dollar-based global financial system would be extremely challenging from a technical point of view. However, in her discussion with Vladimir Putin, the head of the Russian central bank unveiled an elegant technical solution for this problem and left a clear hint regarding the members of the anti-dollar alliance that is being created by the efforts of Moscow and Beijing:

(Excerpt) Read more at voiceofrussia.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; Russia
KEYWORDS: coldwar2

1 posted on 07/03/2014 4:48:53 PM PDT by Lorianne
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To: Lorianne

It’s just a matter of time.


2 posted on 07/03/2014 4:50:42 PM PDT by BipolarBob (Obama - The Scandal a Week President.)
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To: Lorianne

All part of the plan against America. And the Congress does nothing.


3 posted on 07/03/2014 4:57:37 PM PDT by EagleUSA
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To: Lorianne

Not going to happen. As screwed up as the dollar is, nobody trusts Russia and China.


4 posted on 07/03/2014 5:03:58 PM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: piytar

We’re the best house in the slums.


5 posted on 07/03/2014 6:24:37 PM PDT by griswold3 (I was born here in America. I will die here in a third world country. Obama succeeded.)
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To: Lorianne

Bring it. After Odumbo leaves the “new currency” will be shunned worldwide.


6 posted on 07/03/2014 7:57:01 PM PDT by datura (We have a 2 party system. Conservatives vs Uniparty)
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To: piytar

Between shale and 3d printing, those two economies are doomed.


7 posted on 07/03/2014 8:09:40 PM PDT by stinkerpot65 (Global warming is a Marxist lie.)
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