Quote from: lyth0s on September 09, 2014, 03:54:27 AM

This is why BRICS is such a threat to the USA. All of those USD for sell back to America will create crazy inflation and we will be in big trouble.

These are crazy times we are living in. Isn't the sell back to America eventually inevitable? This is the a very important question. Is China strategically preparing to Dump US Treasury Bonds?

BRICS has created their own World Bank called the New Development Bank (NDB) and is headquartered in Shanghai, China. It is scheduled to start lending in 2016.

BRICS represents over 25 percent of the worlds land, about 40 percent of the worlds population and about 17 percent of the world economy as well as 50 percent of the worlds growth in GDP over the past 10 years. BRICS combined 2014 GDP ($10,971.6 trillion) is nearly that of the US ($14,657.8 trillion) and the EU ($16,282.2 trillion) and is expected to surpass the combined US and EU GDP by 2020. Shocked

http://www.washingtontimes.com/news/2014/jul/22/fedewa-brics-vs-dollar-latest-challenges/#ixzz3Cn4zSzfp