2015-03-22 CHINA: Growing into the role of world's economic leader
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Here: Regardless of US protests, one by one all Western nations - US allies - are joining the new Chinese led Infrastructure Bank, established as the replacement for the US-dominated World Bank and IMF.
Cold War 2.0 is a currency/banking war. At stake are survival of the US Dollar and US hegemony over the world's banking system. China will no doubt win in this war. After all, the US today is a bankrupt, lawless nation. It's economy is already a mirage, supported by Chinese monthly purchases of US Treasury bills. Still the US continues to play a chaotic endgame.
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Here: Regardless of US protests, one by one all Western nations - US allies - are joining the new Chinese led Infrastructure Bank, established as the replacement for the US-dominated World Bank and IMF.
Cold War 2.0 is a currency/banking war. At stake are survival of the US Dollar and US hegemony over the world's banking system. China will no doubt win in this war. After all, the US today is a bankrupt, lawless nation. It's economy is already a mirage, supported by Chinese monthly purchases of US Treasury bills. Still the US continues to play a chaotic endgame.
Despite negative noises from the US, Switzerland and Luxembourg have become the latest European nations to apply to join the Beijing-led Asian Infrastructure...
RT.COM
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