B.R.I.C.; Getting Rid of the American Dollar

[DetroitDad]

http://www.commondreams.org/view/2009/06/15-0

There are meetings being held Monday and Tuesday in Yekaterinburg, Russia, [[formerly Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry Medvedev and other top officials of the six-nation Shanghai Cooperation Organization. The United States, which asked to attend, was denied admittance. Watch what happens there carefully. The gathering is, in the words of economist Michael Hudson, “the most important meeting of the 21st century so far.”

It is the first formal step by our major trading partners to replace the dollar as the world’s reserve currency.