By Alan Beattie at ft.com Put a jaguar, a bear, a tiger and a panda together and you might get a good show but you won’t get a quiet life. The Bric grouping – Brazil, Russia, India and China – has become a shorthand for the rise of emerging markets in the global economy. And after a rather stellar decade, the Brics mainly had a good crisis from which they are now rapidly exiting. Goldman Sachs,... 

The US Federal Reserve is no longer able, in reality, to continue its multi-decade combat against the « barbarous relic » in order to guarantee the supremacy of the US currency at the centre of the international monetary system. For LEAP/E2020 the decade which has just begun will be clearly marked by a complete collapse of the Dollar (and the fall of most major international currencies) by gold. ... 

The feast of cheap and limitless liquidity could not avoid interfering with the international currency market. While in the first six months of the year the crisis was beneficial for the US dollar, in the second half of the year speculators took it out on the dollar over and above. This year is expected to continue weakening of the American currency that dropped to the level of $1.6 for one Euro in...