World News

To me, this reads like a CIA guy selling people on the idea that a modest step away from the dollar as reserve currency is the end of the world. This is "if you give people healthcare we'll be commies tomorrow." Look at how this is couched:

if the BRICS+ use a kind of Liberty Bond patriotic model, they may well be able to create international reserve assets denominated in the BRICS+ currency even in the absence of developed market support. This entire turn of events—introduction of a new gold-backed currency, rapid adoption as a payment currency, and gradual use as a reserve asset currency—will begin on August 22

If this, maybe that, a mention of the developed world as if they'll peacefully let the market decide and not violently react. This is drumming up fear, not a sober prediction.