• Next News Network
Five nations are coming together to set up a global bank. Brazil, Russia, India, China and South Africa are all coming together using the first letter of their country?s names to spell out the BRICS bank. It?s headquarted in Shanghai and they already have over 150 BILLION dollars in backing.
Their intention is to create their own version of the International Monetary Fund or the World Bank. They claim they are looking out for smaller, weaker countries and will provide loans to those that IMF and the World Bank won?t.
Here to join us today is New York Times Best-Selling Author Charles Goyette. He?s also a co-host with Ron Paul on his radio show, Ron Paul?s America.
BRIC Bank vs The FED feat. Charles Goyette:
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