I believe you are correct. China sounds in the lead. South Africa was added just the other day so it looks like they are trying for a global effect continentally. Albeit I note a small country in Europe has been marked as joined.
I believe we are viewing a map of what you are speaking of. Traditionally SDRs are a fictional basket of five currencies. Listening to yesterday's BBC World News the narrator wonders why BRIC added South Africa, to become BRICS.
It certainly looks like a logical preparation for the Default - happening as we speak in my opinion - April 15th plus a default of three days - Emancipation Day in DC (Filing Due on the 18th); and supplemented by notice and grace of 30 days (May 16th).
Of course if Congress defaults on America's obligations/bonds, that in itself is the US Dollar becoming a relic of world history.
Regards,
David Merrill.
Last edited by David Merrill; 04-16-11 at 11:22 AM.
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