Reflecting on the growing anti-dollar alliance (especially among the BRICS as we noted here) [7], Jim Rogers exclaims "The US dollar is an extremely flawed currency... we have serious problems... and the world needs something else." His perspective is that maybe (just maybe) a combined China, Russia, Brazil joint-currency can battle the dollar's dominance. Rogers goes on to discuss the rationale for the increased cooperation between these 5 nations with multi-billion populations but notes while Russia has lots to add, "I would throw India out" of BRICS.
The BRICS...
[8]
