Showing posts with label dollar. Show all posts
Showing posts with label dollar. Show all posts

Friday, April 15, 2011

It Begins

The BRICS have just decided to drop the US Dollar when issuing credit to each other.

The group holds 40% of the world's currency reserves.  So this is a big hit to the dollar.

But this is just the beginning.  As I've said before (and keep saying), it is going to get a whole lot worse.