First New Development Bank.Without the USA.

Discussion in 'Politics, Religion, Social Issues' started by Happybunny, Apr 28, 2015.

  1. Happybunny macrumors 68000

    Sep 9, 2010
    This Week Iran & Russia joined.


    Read more:
  2. VulchR macrumors 68020


    Jun 8, 2009
    It is an interesting development, but i am not show how the economists see this playing out. Not sure if this is a good thing or a bad thing....
  3. Happybunny thread starter macrumors 68000

    Sep 9, 2010
    First off thank you for your interest.

    I know that I made the title boring, but I didn't want a tabloid type anti USA lead. I was going for more like the Financial Times than the Daily Mail.:cool:

    As well you might ask good or bad. But it is the future of the 21st Century.

    Well as far as I have been able to find out, most economists are optimistic. For the lands of Asia it’s great news, and Asia is were the real growth of the 21st Century is going to be.

    The biggest development is going to the slow decline of US banking power, the IMF and the World Bank are no longer going to be white boys toys.

    The biggest shock to the system is the sheer range of vastly different countries which came together for the common good, to form this bank.

    The other shock was of course that the USA was totally ignored when they gave their disapproval. Not only were they ignored by old enemies, but by old allies. This fact alone shows that this event is going to change the WORLD. How ever this plays out the world is not going to be the same again.
  4. Technarchy macrumors 604


    May 21, 2012
    This is probably the pragmatic view. As it stands, I have concerns about the IMF, so the USA not getting entangled in another banking cabal is perfectly fine with me.

Share This Page