The American Dream Is Collapsing Before Our Eyes! - Clayton Morris Investments
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What happens when you have a currency backed by nothing but the trust and full credit of the government that issued it and that same trust and credit is bankrupt? This.
BRICS is creating a new currency to be used as trade currency between all countries in BRICS (Brazil, Russia, India, China, South Africa [Egypt, Ethiopia, Iran and the United Arab Emirates <---These countries joined November last year]. Russia currently presides over. The Currency will be called R5, (for the renminbi, ruble, rupee, real, and rand).
The whole of US media (the ones you love, and the ones you do not) never really report on BRICS. It will rarely be mentioned in passing while reading about something else, extremely rare. UK media, BBC and Reuters, does report about BRICS from time to time. 1 to 2 times a year. Further Eastern media talks about it often, including Australia.
All BRICS countries are also members of the AIIB, although not all members are BRICS countries. Some US allies are even members of the AIIB. The AIIB never really shows in US media either.
BRICS can be seen as being kind of like NATO, where the AIIB is like the world bank, only China and Russia run BRICS and the AIIB. All of this does have extreme potential to have an effect on the US dollar global power. Knowing this, also makes some things make a little more sense.
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