Dollar Ponzi

EPIC DEAL: Russia Ratifies $100 BILLION BRICS Development Bank

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from 21st Century

This is a step in a series of moves that is sure to have the Anglo-American financial oligarchy worried.

Today, Russia’s government ratified its commitment to the new BRICS Development Bank. The bank will fund infrastructure development in the BRICS nations and be first global competitor capable of challenging the financial hegemony of the Western-led World Bank and IMF.

Just last week, Russia announced it was going to build an entire nuclear industry in Egypt. Meanwhile, earlier in the month Greece’s Syriza party came to power and refused to negotiate with Anglo-American IMF.

We saw the Western media attempt to portray Syriza’s Greece as a ‘hub’ for terrorists just one day after their victory. What will be the West’s response to a real and legitimate challenge to their global financial hegemony?

Read More @ 21st Century