BRICS Demand New Global Monetary System

BRICS is the acronym for Brazil, Russia, India, China and South Africa.  They are considered by many in the world to be the up and comers...as far as nations with economic potential go.

So what was one of the things they talked about at their recent conference?

SANYA, China (Reuters) - The BRICS group of emerging-market powers kept up the pressure on Thursday for a revamped global monetary system that relies less on the dollar and for a louder voice in international financial institutions.


The leaders of Brazil, Russia, India, China and South Africa also called for stronger regulation of commodity derivatives to dampen excessive volatility in food and energy prices, which they said posed new risks for the recovery of the world economy.

Meeting on the southern Chinese island of Hainan, they said the recent financial crisis had exposed the inadequacies of the current monetary order, which has the dollar as its linchpin.

What was needed, they said in a statement, was "a broad-based international reserve currency system providing stability and certainty" -- thinly veiled criticism of what the BRICS see as Washington's neglect of its global monetary responsibilities.

See it here;
http://finance.yahoo.com/news/BRICS-demand-global-monetary-rb-217782600.html?x=0&.v=3

Let me translate that all for you....much of the rest of the world is pretty upset at the fact that the United States has blown it's responsibility and privilege of having the world's ONLY reserve currency since the end of WWII.  They have watched the most wealthy nation not be satisfied with the wealth it was blesses with and instead ring up a level of borrowing that most are now realizing we will never repay.  So they want a new currency to anchor their savings in...so they won't lose all their savings if (when?) the dollar goes bust.

Can you see how the Antichrist will get the world all on board a single global currency?  This currency will not need to be forced on anyone.  To the contrary....nations will be begging for it.