Announcement

Collapse

Economics 301 Guidelines

This is the area where economic theories and trends are discussed.

Balance your checkbook before participating.

Forum Rules: Here
See more
See less

West begins to abandon USD

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Paprika
    replied
    The 57 founding members:
    thediplomat_2015-04-16_21-13-09.jpg

    Leave a comment:


  • seanD
    replied
    It also has to be considered in the context of waning western economies (EU being more visibly evident to everyone than the US right now).

    Leave a comment:


  • Paprika
    replied
    Originally posted by Bill the Cat View Post
    For now, the AIIB is more about symbolism than substance.
    If it was mere symbol before, the US's caving in and offering to partner it after failing to warn its allies off joining it proves that it has the potential for a great deal of substance.

    Leave a comment:


  • Paprika
    replied
    Originally posted by seanD View Post
    Hussein and Gaddafi weren't so lucky. Guess invasion and occupation of China isn't an ideal solution for US

    It's so much harder to tackle someone closer to one's own size. Also, it doesn't help that in this current fight all of the US's 'friends' are abandoning it for the other side.

    Leave a comment:


  • Bill the Cat
    replied
    For now, the AIIB is more about symbolism than substance. With an initial capital of just $50 billion, one third that of the Japan-led Asian Development Bank, and none of the World Bank’s expertise or institutional heft, it’s unclear how much of a dent the new bank could make in the region’s multi-trillion-dollar needs for roads, dams, bridges and ports. Its governance structure remains ill-defined and, potentially, a subject of controversy if and when the projects it backs start to have negative environmental or social consequences.


    http://www.washingtonpost.com/opinio...8ff_story.html

    Leave a comment:


  • seanD
    replied
    Originally posted by Paprika View Post

    The US caves and offers to cooperate.
    Hussein and Gaddafi weren't so lucky. Guess invasion and occupation of China isn't an ideal solution for US

    Leave a comment:


  • Cow Poke
    replied
    Originally posted by Paprika View Post
    The start of a great trend.
    Supposedly, that was Obama's master plan all along.

    Leave a comment:


  • Paprika
    replied
    Originally posted by Cow Poke View Post
    They're leading from behind.
    The start of a great trend.

    Leave a comment:


  • Cow Poke
    replied
    Originally posted by Paprika View Post

    The US caves and offers to cooperate.
    They're leading from behind.

    Leave a comment:


  • Paprika
    replied

    The US caves and offers to cooperate.

    Leave a comment:


  • seanD
    replied
    Couldn't come at a better time. Right when the fake US recovery is beginning to show signs of how fake it is and EU countries (including Germany) are on the brink of yet another societal breakdown in spite of its own version of QE. Wait til Greece leaves; that's when it should really be fun to watch western economic meltdown

    Leave a comment:


  • Paprika
    replied
    Update: In addition to the UK, Germany, France and Italy - these are the four largest European economies - have applied to join the AIIB, also Switzerland and Luxembourg. Doubtlessly many more will follow.

    Leave a comment:


  • Paprika
    replied

    Leave a comment:


  • Bill the Cat
    replied
    Originally posted by Paprika View Post
    My personal space is offended by the intolerance of your white, bourgeois, paternal-centric attitude. Now shut up, Dad, and go buy some groceries while I move back into your basement.

    Leave a comment:


  • Paprika
    replied
    Originally posted by Bill the Cat View Post
    You really should remove that stick from your butt, Pap.
    Given that you don't seem to like the results, you really should stop conversing with me.

    Leave a comment:

Related Threads

Collapse

Topics Statistics Last Post
Started by Truthseeker, 01-18-2014, 02:13 PM
156 responses
46,561 views
0 likes
Last Post Cow Poke  
Working...
X