The Phaserl


It Just Happened: “The Moment the United States Lost Its Role…”

from Sovereign Man:

Last week, the government of China closed the enrollment window to join its new Asian Infrastructure Investment Bank (AIIB) as a ‘founding member’.

The AIIB, if you haven’t heard of this yet, is designed to essentially displace the Western-controlled IMF and World Bank.

And prior to last Tuesday’s deadline, dozens of nations around the world from New Zealand to Denmark signed up to join.

Even staunch US allies like the United Kingdom and Israel agreed to be part of AIIB.

This is a huge coup for China, and probably the most obvious sign yet that the global financial system is in for a giant reset.

Under the weight of nearly incalculable debt and liabilities, the United States is in terminal decline as the dominant superpower.

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