T.H.E.M.
¨We believe in the judgment; we believe this first judgment will take place as God revealed, in America...¨
T.H.E.M.
¨We believe in justice for all, whether in God or not; we believe as others, that we are due equal justice as human beings.¨
We See The Fall Of America As The Dollar Declines…BRICS nations dump Dollar
GREETINGS,
(US dollar being hung out to dry by the BRICS nations);We See The Fall Of America As The Dollar Declines….THIS IS A POINT WE ARE TRYING TO BRING HOME TO YOU. AMERICA’S IS NOT GOING TO FALL. SHE IS FALLING AS WE SPEAK. HER FALL IS CLEAR.
SHE IS NOW IN TOTAL DECLINE AS THE NUMBER PILLAR OF HER POWER AND MIGHT, THE AMERICAN DOLLAR, IS NOW BEING REJECTED,DISRESPECTED, AND DISPLACED AS THE WORLD’S CURRENCY OF CHOICE. NOW SHE WILL NOT LONGER BE ABLE TO CONTROL WORLD FINANCE. SHE WILL NO LONGER BE ABLE TO EXPORT INFLATION TO OTHER NATIONS AND SPEND AT WILL WITHOUT WORRY.
SHE IS BEING BROUGHT LOW. I CALL AMERICA TO WITNESS THIS TRUTH AND THE FACT THAT….” prophecy relating to America is mentioned in Isaiah (47:1) as a “virgin daughter” of ancient Babylon’s history. As we all know, America is the last, the greatest and the richest remaining power of the white nations. But now she is falling and the prophet Isaiah says, “Come and sit down in the dust,” humble yourself, for you are no more called delicate.”–pg.135(TFOA)
CLICK HERE: FOR MORE DETAILED INFORMATION ON THE DECLINE OF AMERICA AND HER DOLLAR
BRICS agree to local currency credits to ease dollar dependency
Dimitry Medvedev (L) and Manmohan Singh during the BRICS summit in New Delhi on March 29, 2012 (AFP Photo / Prakash Singh)
The BRICS – Brazil, Russia, India, China and South Africa – have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.
The currency swap deal is aimed at promoting trade and investment in local currencies as well as to cut transaction costs. It’s also seen as a step to replace the dollar as a reserve currency in trade between BRICS.
“The idea is in line with many interests and economic exigencies in the world economy,” Yaroslav Lissovolik, the chief economist at Deutsche Bank told RT. “The euro and dollar are no longer seen as unquestionable monopolies in the role of reserve currencies. Clearly the world needs more reserve currencies.”
The deal would also increase the BRICS influence on the international arena and will make their cooperation less sensitive to sanctions from the West, experts say.
“The BRICS countries are in the first rank to do the job that international financial system now needs. What the BRICS said was a very welcomed wake up call,” John Kirton, the Co-Director of the BRICS Reasearch Group told RT.
Russia and China have been trading in the rouble and yuan for several years, now Russia plans to expand local currency settlement with India.
“With China it took us three years to (evolve) from initial conversations to trading in local currencies,” Vladimir Dmitriev, the chairman of Russia’ s VEB told reporters. “I think we will meet similar terms with India”.
Meanwhile the swap requires a lot of technical work by each country such as the synchronization of national banking legislation, according to Mr. Dmitriev.
The BRICS countries are also going to announce plans on a joint development bank which is considered a possible rival to the World Bank and the IMF. If established, it would function as a lending agency and would provide finance for joint BRICS projects.
“They made it very clear it would be built to benefit not only BRICS countries themselves, but developing countries more broadly,” said KIrton. “But the big message was to give the World Bank more resources, only then would they see how the BRICS bank would fit in the supplement what they’ve already got.”
Copyright 2012 Hiram's 1555 Blog