Mini-Me: US Dollar Out, Yuan, System D, and Open Money In + Meta-RECAP

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BRICS Move To Replace Dollar With “Super-Sovereign” Global Currency

Alexander Higgins, Contributor

Activist Post, 28 March 2012

As China is expected to rise to the status of a financial superpower within the next 8 years and eclipse the US economy by 2020, Africa becomes center stage in the greatest currency war the world has seen since the 1930s, which is now shifting into overdrive.

Brazil, Russia, India, China and South Africa, collectively known as the BRICS nations, are moving forward with their plan to unseat the US dollar from its throne as the global trade currency and to replace it with a Chinese-denominated “super-sovereign” international currency.

This Geo-political game to establish global monetary dominance is by no means limited to the attack on the US dollar. Instead this is merely the first strike of a concerted campaign of worldwide economic warfare that will soon follow which seeks to bring the United States and its western allies to their knees.

Ultimately the BRICS collective is staging a coup to overthrow the current global financial regime that has been dominated by the World Bank and the International Monetary Fund since the last global currency war was won at the end of World War II.

The attack comes partially in retaliation for the latest round of quantitative easing in which we witnessed the Federal Reserve deliberately printing trillions of dollars in an attempt to jump-start the U.S. economy by forcing investors back into the U.S. stock market by devaluing the US dollar.

Phi Beta Iota: One third of the global economy is transnational crime, and one third System D or “off the books” entrepreneurial information economics routing around governments. Now that we know the final third is legalized crime, it becomes much easier to understand why two thirds of the brain power on the planet has opted out of the legalized crime world that favors the 1%.

See Also:

BRICS Revolt on IMF–Tipping Point?

Chuck Spinney: German Economic Imperialism Killing Europe?

David Swanson: History of Corporate Personhood — How Lewis Powell & US Chamber of Commerce Bought the US Supreme Court

DefDog: Delusions of Power – Absolute Corruption of US Power

From BRIC to BRICS–Sanya Declaration

George Soros Nails It: Intelligence with Integrity

Gold Paper About to Crash–Plus Gold Fraud RECAP

Gordon Cook: On the State of Economics – An Exchange Dedicated to #OWS and Society Achieving a Broader Understanding

John Robb: Concentration of Wealth = Central Planning = Fall of US Empire from Misappropriation

John Robb: When Elites Foresake, Countries Die

John Steiner: Declaration of Occupation of NYC + Revolution USA RECAP