``It has been my contention all along that the division between east and west has been illusionary and that all countries and financial institutions are reading from the same script as written by the Bank for International Settlements.

The BIS is the centralized organization which sets and enforces all central banks policies for all central banks in the world. The governor for the People's Bank of China is on the executive board of the BIS and has openly called for the implementation of a multilateral financial system structured around a supra-sovereign SDR.

Make no mistake about it, this is what will happen. Which is why the World Bank has offered its full support to the BRICS Development Bank and Russian Finance Minister Anton Siluanov referred to the BRICS Bank as a "mini-IMF".


America and its dollar funded war machine was used to establish central banks in all the countries of the world and now that that job has been completed America has become the problem and will be integrated into the larger socioeconomic world.

See also BRICS against Washington consensus, Pepe Escobar's latest offering.

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