Black Money Business Jobs : 57 nations approved as founder members of China-led AIIB

Discussion in 'Black Money Business Jobs' started by RAPTOR, Jul 16, 2015.

  1. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,889
    Likes Received:
    3,608
    Gender:
    Male
    Ratings:
    +4,094
    The China-led Asian Infrastructure Investment Bank (AIIB) has officially approved 57 nations as
    prospective founding members, with Sweden, Israel, South Africa, Azerbaijan, Iceland, Portugal and
    Poland the latest to be included.

    The AIIB is the first Asian-based international bank to be independent from the Western-dominated
    Bretton Woods institutions, the International Monetary Fund (IMF) and the World Bank.

    http://www.scmp.com/news/china/dipl...tions-approved-founder-members-china-led-aiib
     
  2. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,889
    Likes Received:
    3,608
    Gender:
    Male
    Ratings:
    +4,094
    China Challenges Dollar Hegemony With New Infrastructure Bank

    Conceived to serve as an alternative to Western-dominated sources of credit such as the World Bank, International Monetary Fund (IMF ) and
    Asian Development Bank, the AIIB will aim to invest in regional infrastructure projects ranging from energy to transportation to telecommunications.

    The new development bank, which is expected to launch later this year, will have $100 billion in capital to begin with—a massive mountain of
    money, to be sure, but it falls far short of the estimated trillions that will be necessary to fund Asia’s astronomical infrastructure demand.

    China’s creation of its own global bank highlights the country’s desire to wield more control over funding such projects. It currently commands only 5.17 percent of the vote in the World Bank and 3.81 percent in the IMF.

    China’s move demonstrates its ongoing efforts to establish the yuan as a global reserve currency on par with the U.S. dollar. It’s no secret that the
    country wants the yuan to become part of the IMF’s Special Drawing Right (SDR), a composite currency unit that now consists of the dollar,
    Japanese yen, British pound sterling and euro. The founding of the AIIB might very well bring the country closer to realizing these goals.


    http://www.forbes.com/sites/greatsp...cture-bank-challenges-dollars-world-hegemony/
     
  3. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,889
    Likes Received:
    3,608
    Gender:
    Male
    Ratings:
    +4,094
    Does or will these moves made by china et al work to devalue the u..s. dollar?
    And if so, what king of impact could that have on our economy?
     
  4. Orisons

    Orisons Well-Known Member MEMBER

    Country:
    United Kingdom
    Joined:
    Jan 14, 2005
    Messages:
    2,640
    Likes Received:
    442
    Gender:
    Male
    Occupation:
    Mechanical Designer/Project Manager
    Location:
    London in the United Kingdom
    Ratings:
    +599


    Though the situation in Greece could be viewed as the chickens coming home to roost, isn’t it notable the manner in which their/the West’s mass media has totally ignored the manner in which Iceland also told the IMF/World Bank’s BANKSTERS to go forth and multiply when speculators landed the whole country with billions in debt, the more mathematically astute than most Burmese generals also ordered the IMF/World Bank officials attempting to ensnare them into a spiral of totally CRUSHING repayments/completely INSANE debt, to leave the country and NEVER return?

    Isn’t the whole Monetary system a HUGE CONFIDENCE TRICK, all the pretence by the POWER ELITE/ LUCIFERIAN LUNATICS inc/status quo that MONEY is in control, when isn’t the REALITY the fact that THEY control the money [are utilizing it as a superbly efficient tool to create the monetary manacles to totally enslave ALL of Humanity this time] as spectacularly highlighted by the USA so huge fiscal deficits between imports and exports up until Obama’s administration slowed the constantly downward economic spiral; but who/what is going to foreclose on the USA for being trillions of dollars in debt anyway?

    Aren’t political ideologies very passé/DEAD in the 21st century or haven’t you ALL noticed/noted the manner in which allegedly communist China is currently the most efficiently CAPITALIST economy in the world [despite having a slowing economic growth rate of 7% as opposed to the difficulty the USA/UK most of the West are having getting their economic growth up to even anywhere near 1%] with the UK and USA’s so inept execution of capitalism creating record breaking fiscal deficits between imports to exports with the USA actually STILL owing China trillions of dollars TODAY [what would those so very elitist White Supremacist Racist CLOWNS be saying if the positions were reversed/China owed the USA a penny]?

    What about the so pragmatic manner in which as opposed to executing capitalism in Hong Kong when they regained political control in 1997, China’s Communist party/Government have subsequently utilized it as an economic template for their Super Cities on the mainland [hence the so phenomenal growth since then which has eased the so huge burden of feeding 1400 million people within the current status quo/economic order; which has placed China on the cusp of becoming the No.1 financial Super Power of the 21st century] apart from retaining state ownership/control of the banks?

    Japan’s capitalism distributes wealth/behaves with far more social responsibility than most European countries, with India close to matching China’s economic growth utilizing a far more rampant free market/world’s most populous democracy model; along with Russia’s oligarchs steadily being either reeled in or crushed by Vladimir Putin, does the political ideology really matter in the 21st century, as South Korea vies with Japan for the most technologically advanced country on the plan et position, along with Malaysia, Singapore, Thailand, Indonesia and the Philippines attempting to fully industrialize/join the party too [move their countries forward intelligently]?

    In fact isn’t it truly bizarre that China is so efficiently locked in to capitalism [who would have envisioned that scenario even 20 years ago] that they have no vested interest in undermining any of the industrialized countries of the West in general, the USA specifically as China’s growth has been based on the goods exported to the rest of the World, which along with the USA owing them trillions of dollars underlines the economic grief for China if the trillions of dollars China has stockpiled, became worthless [why they are fanning out worldwide utilizing those dollars to acquire assets/can/are literally buying as opposed to militarily subjugating Africa TODAY]?

    Even more bizarre is our ongoing acceptance/truly devout support as people of African ethnicity of the current status quo or are you all truly unaware of the fact that ALL over the World including Africa, Europeans still LEGALLY own allegedly; all the land and resources they acquired during the looting, pillaging, RAPE of this planet in general, of OUR continent [Africa] in particular that Colonialism and Apartheid sanctioned as the norm [in fact aren’t THEY making the same play again with their WAR ON TERROR] as opposed to the longest list of unacknowledged unpunished Human Rights violations/CRIMES in human history?

    Is the ISM/ideology/African Union/Federation anywhere near as relevant as the rational intelligence of the spiritually and intellectually agile manner in which it is both deduced and applied by an intelligently functional socio-economic elite/ leadership focused on our ethnic group/nation’s collective advancement in an extremely hostile/very very competitive environment in the 21st century; as opposed to the manner in which the West’s current POWER ELITE is just focused making the Super Rich richer/utilizing monetary shackles [that are 10 times more efficient than the irons used on my African ancestors and their siblings who were tortured, mutilated and murdered for generations for either not being BROKEN or to traumatize the rest of us into total subservience] to totally enslave ALL of Humanity this time?


    Isn’t ANYONE who genuinely believes they are not programmed
    graphically illustrating that their programming is COMPLETE?
     
Loading...