March 25, 2015

Golden Gaia News Roundup: International Finance: Guess who’s now joined the AIIB? - March 25, 2015

news roundupMarch 25, 2015 By Gavin Harrill

Boy, how our corporate cabal has changed their tune. Last week, I reported that they carried on about how horrible a decision it was for the UK to join China’s Asian Infrastructure Investment Bank (AIIB). And now… they want in! They decided this after Germany, France, and Italy joined, and several other countries are currently considering joining, too. (2)

Created by 21 (sic… supposed to be 22) countries, this China-led AIIB has become the “it-thing” to invest in –seemingly sweeping the world like a trendy nite club where everybody who’s anybody is trying to get onto the VIP guest list. I will absolutely state for the record that it is most atypical for the US to back-peddle and be “the followers” by joining AIIB basically from peer-pressure, in my opinion. It’s as if the once-almighty corporate cabal is scurrying now to catch up to the progress that the rest of the world is developing. And thank goodness –it’s about time.

To be honest, I think that we, the people of the world, have been pushing and pushing and pushing for change, and our cabal dug in their heels –inflexible, unbudging– yet when the world is about to create a new competitive financial system, now they come a-running so they’re not left in the dust.

Of course, we know China’s a founding member of BRICS (Brazil, Russia, India, China, South Africa), which gives credence to the changes that those nations are helping to manifest –go BRICS! Given that countries are starting to join the AIIB, I believe it’s safe to say that finally world changes are materializing, as evidenced by the implementation of AIIB and its growing membership.

Thank you China for leading the way through these following ways, and for helping our world effectively get ourselves out of the stuckness of the old financial system of our controlling cabal!

“• One, cleaning up the house – by promoting good governance through the anti-corruption campaign,

• Two, cleaning up the air – by curbing pollution and preserving the environment,

• And three, clearing the path to further engagement with the world – through further participation in the multilateral dialogue and through more international investment and trade.”

“Indeed, as China navigates the ‘new normal’ of its own economy, it also contributes more to the global common good – to economic and financial stability, to environmental sustainability, and to a multilateral approach that is equal to the pressing global challenges facing us today.” (1)

1. Opening Remarks at the 2015 China Development Forum by Christine Lagarde. International Monetary Fund.

2. France, Germany, Italy Join China-led AIIB: How Multilateral Development Banks Stack Up by Economic Times.