BRICS

[MountainGirl]

Couldn't find the thread already talking about BRICS, sorry -

Have any of you heard about the August summit?

Source is R/T - so who knows.

~~~~~~~~~~~~~~

‘BRICS planning to introduce new trading currency backed by gold at August summit’

‘Gold standard will be a great benefit to strengthening single currency’

‘41 countries have applied for BRICS-membership’

Source: RT / Russian Embassy


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[Ricekila]

News to me ?

[Mad Trapper]

[Inor]

I have been warning about it for several months.

Although this week India is starting to have some misgivings about it.

[Dwight55]

When I see or hear about things like this . . . I truly do get concerned . . . and I wonder how and if it will affect me.

Then I go back to the famous (though I don't recall who said it) quote about living.

"There are two great rules to adopt concerning living: 1) don't sweat the small stuff . . . and 2) everything truly is small stuff."

May God bless,
Dwight

[MountainGirl]

I have been warning about it for several months.

Although this week India is starting to have some misgivings about it.

Right, and I looked for your thread...if you can bump it up I'll delete/merge this into it.

Do you recall what India's misgivings are based on?

[Slippy]

When I see or hear about things like this . . . I truly do get concerned . . . and I wonder how and if it will affect me.

Then I go back to the famous (though I don't recall who said it) quote about living.

"There are two great rules to adopt concerning living: 1) don't sweat the small stuff . . . and 2) everything truly is small stuff."

May God bless,
Dwight

Dang, thanks Dwight for bursting my bubble; All of my life I've been telling people that the 2 rules for living are;

Rule 1. Slippy is always right
Rule 2. If Slippy is wrong, see Rule 1

[T-Man 1066]

When I see or hear about things like this . . . I truly do get concerned . . . and I wonder how and if it will affect me.

Then I go back to the famous (though I don't recall who said it) quote about living.

"There are two great rules to adopt concerning living: 1) don't sweat the small stuff . . . and 2) everything truly is small stuff."

May God bless,
Dwight

Don't sweat the petty things, and don't pet the sweaty things!

[red442joe]

Yous guys are all deviants, LOLz!
As fer gold standard...Glen Beck talked about it today...the dollar will positively crater if an alternate, gold backed, standard is created.

Joe

[Inor]

Right, and I looked for your thread...if you can bump it up I'll delete/merge this into it.

Do you recall what India's misgivings are based on?

I am sure it is because India and China are in a pissing match over a bunch of other stuff (territory, economic competition, etc.). I am also reasonably sure they will work out whatever differences they have before their meeting on 8/20. I am thinking this is more for "show" than actual substance.

But one thing to keep in mind just to keep some perspective...

If you are against "One World Government"/"Globalization"/"World Economic Forum" etc., then BRICS is actually something to be happy about in the near term. Anything that reduces the power of any single superpower (the U.S. included) is a good thing. Of course, I would prefer that China and Russia were not allied in this, but that is still a hell of a lot better than China, Russia and the U.S. all being allied. So I look at it as "half a banana is better than none".