The New Power Elite Part I: The U.S. and China Escalate Energy War

by Nomi Prins
Daily Reckoning

“For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air.” – JFK

I’ve been in China meeting with members of the International Monetary Fund (IMF) and the New Development Bank (NDB, launched by the BRICS). Here’s what I found out: Green is the new black.

[…] As Jim Rickards has explained, the shift away from the dollar as the world’s reserve currency creates an opening for a new global superpower. Other countries are making their moves to fill that spot, and none is moving more quickly than China.

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