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Game Changer - The New BRICS Development Bank
#13
Quote:I thought Iran already was trading in other currencies than US$s?

The issue is bigger than trading in other currencies. As I understand the issues, banking and legal institutions ratified by the BRICS nations are just starting to be set up. This is a much bigger task than trading in other currencies. It has to do with how vast capital pools are loaned and stored. Right now, you got huge money center banks or you can go pound sand.

In a world of Economic Hit Men and their Jackals, this will not be easy.
"We'll know our disinformation campaign is complete when everything the American public believes is false." --William J. Casey, D.C.I

"We will lead every revolution against us."  --Theodore Herzl
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Game Changer - The New BRICS Development Bank - by Lauren Johnson - 25-07-2014, 03:36 AM

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