Russia may drop USD as reserve currency

[The Dharma Bum]

[The Comrade]

Call me when OPEC drops it.

[The Dharma Bum]

What if all BRIC nations follow suit?

[The Dharma Bum]

[The Comrade]

[The Dharma Bum]

It's the moment of truth for the dollar

there are mighty forces being leveraged by the purveyors of this form of economic warfare and their net is tightening on the secondary nations of the industrial core and the developing world, as well as on the domestic front.

However, the global financial syndicate has currently misallocated resources and human capital on a global level to the tune of 1000s of trillions in unfunded obligations and deficits. To meet this an effort to capture all capital currently in existence is literally underway.

Talk about top heavy. It will topple. Capital will be reallocated, there's no doubt about it.

[The Dharma Bum]

[The Comrade]

Economic potential isn't current output. And their domestic currencies area trash. Even china s currency is crap. Unless they want to tie themselves to the euro or invent their own currency I don't see this as a major concern.

[The Dharma Bum]

[The Comrade]

hat ifs are fun but I don't see a huge ecpnomoic union between such different countries for the sake of f**k over the us dollar.

Let's not pretend a move like that will just harm the USA.