I don't think this is good for us.
http://www.newsweek.com/russia-china-india-ready-launch-rival-world-bank-258058
http://www.newsweek.com/russia-china-india-ready-launch-rival-world-bank-258058
BRICS about to unveil rival to World Bank
- Thread starter Displaced Bama Fan
- Start date
As more countries choose alternative competitors to the dollar, it may just force some sanity into our own economic policies.
My fear is that the response to increased competition will be the opposite of what it should be. We will probably get more protectionism which will be retaliated against, instead of more competitiveness domestically.
Yup, I see more war in the future to show how strong the dollar is.
How is we got to the point that is a likely expectation? Sad...
