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29 August 2012
Gonzalo Lira Interviewed by RT: BRICS Meet About Non-Military Intervention & Global Economic
The US GDP is $15 Trillion. The Eurozone GDP is $16 Trillion. And the BRICS countries, (Brazil, Russia, India, China & South Africa) with 42% the world's population and 75% of the reserve currencies in their banks, are also the fastest growing economic group on the planet with largest group of GDP at $18 Trillion.
As you will earn in this interview of Economic Analyst Gonzalo Lira by Russia Today, the intra-trade between these five countries is growing at a 30% clip yearly.
More importantly, they are discussing how to clear trades among themselves with their own currencies, not with the US Dollar, the reserve currency.
Labels:
BRICs,
GDP,
Gonzalo Lira,
Reserve Currency,
Russia Today,
US Dollar
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