20130328-074413.jpgFirst it was BRICS (Brazil, Russia, India, China, South Africa), now it's BRIIICS (plus Iran and Indonesia).

Found this article at Jean Haines' site. I found it most revealing about what's going on in the "other" (non-Western-, non-cabal-aligned) world out there. And that many nations are standing up for themselves.

Here's a quote.

"Much more important, however, is the BRICS decision to set up a new development bank for long-term infrastructure. This is intended to rival, indeed, outclass, the Western-backed institutions. The underlying rationale is simple: the BRICS are determined to challenge Western political and economic dominance and, in particular, to break the dominance of the International Monetary Fund and the World Bank, which have not served the development needs of poor countries and have generally served only to put them into ever-increasing, un-repayable debt.

The BRICS are raising the flag of independence and are telling the West that its abuse of others has gone so far that the others are going to make their own way in life. And that will really matter because more and more Non-Aligned Movement nations will be joining the BRICS in various ways which will particularly include regional, economic, financial, military and technological agreements. An example is that China and Brazil have signed a currency swap deal under which they will be using their own currencies for half of their mutual trade i.e., the US dollar will not be involved. For a while the US dollar can be expected to remain the main trading currency – until suddenly it isn't."

Full article here: http://jhaines6.wordpress.com/2013/03/28/presstv-look-out-the-briiics-are-coming