Brics nations to create $100b development bank.

[Dondilion]

The Brics nations, China, Russia, South Africa, India and Brazil have signed
the creation of a 100b development bank.

This I feel is to create some alternative to the world bank and the IMF for
development nations and to reduce the influence of the US.

www.bbc.com/news/business-28317555

This is I guess is another way also for China to spend some of our dollars productively.

[BlueStreak]

The rest of the world is on the rise, so(c)ialistic governments and all. While we look to the 18th Century for guidance and fight over condoms. I'm thinking we need to stop playing in our own feces and start acting like one nation again or the 'baggers WILL get their way and take us back to the days of wooden teeth and witch dunking.................

Dave

[Dondilion]

BTW this is a must read: Confessions of an Economic Hitman

[BlueStreak]

Originally Posted by Dondilion

BTW this is a must read: Confessions of an Economic Hitman

Read that long ago. Great book to make a Pollyanna Exceptionalists head explode.

Just think, Don; If we don't wake up, they will kick the piss out of us. And WE taught them how to do it.

Aint Karma a bitch?

Dave