Wednesday, July 30, 2014

the BRICS bank is a good idea, says FT's pilling

the very first westerner to say so, so far as i know.

personally, i think it's a semi-good idea. the fear of china dominating it, and using it to push yuan as a reserve currency remains.

http://www.ft.com/intl/cms/s/0/f7b876a0-170e-11e4-b0d7-00144feabdc0.html?ftcamp=crm/email/2014731/nbe/Comment/product&siteedition=uk#axzz391KsSBuc

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sent from samsung galaxy note, so please excuse brevity

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