Saturday, March 21, 2015

First BRICS, now this . . .China's finance minister said a proposed Chinese-led "Asian Regional Bank" that has raised concerns in Washington


Just don't be fooled again and again, by these new institutions popping up, in COMPETITION with the IMF, World Bank and Bank of International Settlements etc.
It is simply yet another deceptive move, like moving the 'goal-posts' a little, (metaphorically-speaking), and
Putting a small part of the international monetary fund type of institutions (a shameful 'scam') into another group of (controlling) countries and/or wealthy individuals.
Whom, of course are (much) more credible(??) than the current 'owners' of our world's financial monetary system, right?
No, common sense tells us, this is not a correct assumption!
We simply (ultimately) don't need another ('new') stinking fraudulent and unjust, kind of 'international' MONEY system in this world, period.
But that ideal*, is a much 'longer' proposition and an inevitability, by the way, . . . . .
* i.e. a world without MONEY
than the 'soon' or about-to-happen scenario,
so much 'loved' and 'promoted' by our 'all-knowing' do-gooder-guru-types with their whisteblower/insider-type of, BS 'intel', and
mostly, unverifiable "sources" they use,
for their attention-seeking, (soon-and/or-already-happening), type of mostly, BS 'information'.
Bob
==>
___________________________________________________________
China says new bank to "complement" existing institutions
Sunday Mar 22, 2015
BEIJING (AP) " China's finance minister said a proposed Chinese-led Asian regional bank that has raised concerns in Washington . . . .
Will 'complement' rather than compete with established international lenders such as the World Bank, state media reported Saturday.
The official Xinhua News Agency cited Lou Jiwei as saying that the Asian Infrastructure Investment Bank's establishment, expected by the end of 2015, would enable China to shoulder more responsibility for global development.
Like other regional investment vehicles, such as the Asian Development Bank and the European Bank for Reconstruction and Development, the AIIB would not weaken established institutions, but reinforce them and "more vigorously push forward the global economy," Lou was quoted as saying.
Lou's comments appeared aimed at assuaging U.S. worries after
Germany, France and Italy followed Britain on Tuesday in announcing plans to join the AIIB.
Washington has expressed concern that the new bank will allow looser lending standards for transparency, the environment and labor, and undercut the World Bank and International Monetary Fund.
Lou said other countries would be welcome to join even after a March 31 deadline expires.
China proposed the bank in 2013 to finance construction of roads, ports and other infrastructure. It has pledged to put up most of its initial $50 billion in capital.
Twenty-one other governments, including India, New Zealand and Thailand, have said they want to join, but the U.S. and close allies Japan, South Korea and Australia have not.
The bank is one of a series of initiatives by Beijing to increase its influence in global finance and expand trade links. Some see those as attempts to erode U.S. and Japanese influence over institutions such as the World Bank and Asian Development Bank.
Switzerland also announced plans to become a prospective founding member of the AIIB, saying this week it "can play a significant role in ensuring that the new bank complies with the international standards in terms of its operating activities and development cooperation."
Economy Minister Johann Schneider-Amann said in an interview with the daily Neue Zuercher Zeitung published Saturday that Switzerland thought it important to get involved from the beginning to underscore "principles and conditions that are important to us."
"The World Bank, the Asian Development Bank and this new bank, should consider themselves as 'complementary' to each other," he was quoted as saying.
"But if there is a bit of competition on one project or another, I would even see that as an advantage. That increases efficiency."
____________________________________________________________
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11421182

2 comments:

Anonymous said...

Corporate US has had it's head up it's ass for so long now, it deserves to be rejected, reviled, ignored and all translations of the same.

This country has been infiltrated, taken over and overrun by a combination of entities, personalities and ideologies, not conducive to the well being of those in this country or anywhere else in the world.

I would like nothing better than for the manipulators to get smacked down, take a financial beating, be rounded up, locked up, put away and never to be seen or heard from again, EVER!

How dare 'THEY' impose so much misery on humanity for no other reasons than their 'twisted' thinking.

I don't care which faction has more trillions to accomplish their evil agendas; the greedy bankers et al
have had YEARS to demonstrate decency and HAVE NOT!

And for the rest of you excited only at the thought of 'nuclear domination', you deserve to be launched, attached to one of your high priced toys to another galaxy altogether, likewise never to be seen or heard from again.

Quoting -
"Let him who is without sin cast the first stone";
my enemies' sins are money and war.
I have neither money nor weapons for war,
my sin is the desire to cast the stones directly at the guilty; those responsible for the world's misery.

Many are those that can never be trusted again, nor should be.

The punishments must fit their crimes,
and public shame is a start.

Maybe a calmer, wiser culture as the Chinese will be better stewards of money to help assist humanity achieve what should have been their right all along.

All the Roman Caesars and Khazarian money magicians have done to date is, brought
slavery, death and destruction to mankind.

Now they must get out of the way.

They are the threat, the problem, the pox, the poison and no one needs their kind anymore.

I wish them a sure demise.

The agendas against peace and humanity that we know so well have overshadowed confident hopes
of enjoying a natural life absent constant threats from the money masters.

Anonymous said...

THE REASON THEY ARE CONCERNED IS IT WON'T BE VERY EASY FOR THEM TO BE THIEVES ANYMORE.....
WE JUST NEED TO GET A ROPE AND HANG THESE AHO'S....