Mornin scout.

I don't think the finance ministers are dominate over the lead politico's in those nations. In the US, the banks own the politicians. In those countries, they are more subservient to the politicians.

I am guessing that the BRIC nations want out of $us hegemony, but know that it has to be a well ordered retreat or they lose too much. If anything this latest action is just a calming maneuver. After all if what they are doing is divesting themselves of $s, they want the best price for them until they have no more $s. After they are out of the $, they won’t care if it flushes with all the other fiat feces.

The game hasn’t changed, the propaganda has.

Hangin tough, waiting for karma.....