by Nomi Prins
Daily Reckoning
“For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air.” – JFK
I’ve been in China meeting with members of the International Monetary Fund (IMF) and the New Development Bank (NDB, launched by the BRICS). Here’s what I found out: Green is the new black.
[…] As Jim Rickards has explained, the shift away from the dollar as the world’s reserve currency creates an opening for a new global superpower. Other countries are making their moves to fill that spot, and none is moving more quickly than China.