BRICS Launch Their Bank

And a great idea it is, since the IMF has degraded into an instrument of neoliberal oppression:

"We remain disappointed and seriously concerned with the current non-implementation of the 2010 International Monetary Fund (IMF) reforms, which negatively impacts on the IMF’s legitimacy, credibility and effectiveness."

http://www.zerohedge.com/news/2014-07-15/brics-announce-100-billion-reserve-bypass-fed-developed-world-central-banks

Sovereign Man's Simon Black warns, "It’s game over for the dollar ... I give it 2-3 years."

Hmmm ... that more or less coincides with what's left of the Obama ad-Dajjal presidency. As the dollar goes, so goes the United States of America. Stand by for the big breakup:

or

Or something like that.