Some morons here still think China is a joke....

[Sinkie]

Obama and Abe can suck each others' thumbs........No one gives a flying fuck leh.

IMF, World Bank and ADB are all big flops and politically skewed to US hegemony across the developed and developing world and enslaving them. But the largest and third largest economy cannot stop the second largest economy from setting up the AIIB.....that shows how pathetic USA and Japan are in the eyes of the world in the 21st century.

Some of you morons here still think China is a joke? Wake up lah, it's inevitable. Resistance is futile!
The Red Army is still marching strong....There will finally be peace in this world.....Hail China, the new world order!

Long live Great China!!

http://news.yahoo.com/iran-approved-join-china-backed-infrastructure-bank-103455398.html

Iran approved to join China-backed infrastructure bank

 

[Leongsam]

In politics there are no permanent friends or enemies just marriages of convenience.

 

[Sinkie]

In politics there are no permanent friends or enemies just marriages of convenience.

From one of the comments on that page:

AIIB is a response of oppressive world bank and imf - many countries want reform to have some countries more says but denied by US congress. China strategy is to make Asia a center hub of richer and more modern society, as they get richer it also lifts up China economy. This is a true story:

One rich guy has a big land in a poor city, he then build market, school, road and hospital and other structures as a gift to the city. People start to move in and the city become busting with life and more prosperous. As the town real estate become hot as people move in, his land increases in value and he sells some back with huge profit, worthy the small investment.

So this guy is smart, he can approach in 2 ways -

1) keep the city poor and he be king rules over a bunch of poor people as dictator
2) Make them richer and they lift him up to be immensely rich, people come to him for advice and personal loans

the second approach what USA must learn but it is too late now, as the world summit leaded by US, the so called G8 is now dissolved as US kicked out Russia and spied on the the rest. Be beneficial to other when you are on top will have good dividend

 

[GOD IS MY DOG]

if the USD ever comes close to losing its reserve currency status.............the Jews will start WW3..........

 

[yellowarse]

With the AIIB, the World Bank and IMF are history. Here's finally a bank founded by developing nations, to serve developing nations on their own terms. No more usury by the Jewish moneylenders and Western corporate interests in the name of 'development aid'.

I've been saying for the longest time that the WB and IMF, while purporting to help 3rd World countries develop, actually serve Western and Jewish interests. They give 'loans' to developing countries with onerous conditions like high interest repayments, opening their markets to Western products and subsidized agricultural produce, welfare cuts, forced infrastructural investments using Western consultants, contractors and suppliers, arm-twisting to grant licences to Western companies to extract local resources like natural gas, oil, precious and rare earth metals, mass deforestation to to grow biofuel crops that enrich Big Oil and Big Energy.

End-result: the farmers in these countries lose their livelihoods because of heavily subsidized Western imports, native resources are exploited by Western firms and profits siphoned out of their countries, corrupt officials get more corrupt and richer while poor get poorer, the most needy are deprived of welfare, ecological damage exacerbating climate change with attendant droughts, floods & famine. The country struggles with interest payments and goes into deeper debt, necessitating another round of 'loans' and further austerity measures and more feasting for the vultures of Western corporations and financiers.

 

[Jah_rastafar_I]

With the AIIB, the World Bank and IMF are history. Here's finally a bank founded by developing nations, to serve developing nations on their own terms. No more usury by the Jewish moneylenders and Western corporate interests in the name of 'development aid'.

I've been saying for the longest time that the WB and IMF, while purporting to help 3rd World countries develop, actually serve Western and Jewish interests. They give 'loans' to developing countries with onerous conditions like high interest repayments, opening their markets to Western products and subsidized agricultural produce, welfare cuts, forced infrastructural investments using Western consultants, contractors and suppliers, arm-twisting to grant licences to Western companies to extract local resources like natural gas, oil, precious and rare earth metals, mass deforestation to to grow biofuel crops that enrich Big Oil and Big Energy.

End-result: the farmers in these countries lose their livelihoods because of heavily subsidized Western imports, native resources are exploited by Western firms and profits siphoned out of their countries, corrupt officials get more corrupt and richer while poor get poorer, the most needy are deprived of welfare, ecological damage exacerbating climate change with attendant droughts, floods & famine. The country struggles with interest payments and goes into deeper debt, necessitating another round of 'loans' and further austerity measures and more feasting for the vultures of Western corporations and financiers.

The funny thing is people actually think the west is helping them despite exploiting them.

 

[yellowarse]

The funny thing is people actually think the west is helping them despite exploiting them.

It was once estimated that for every US$1 billion flowing annually from the West to the 3rd World in 'aid', US$1.3 billion goes back from the 3rd World to the West in interest repayments (compounded by bad debts). Not counting the profits made from exploiting these poor countries and their people.

 

[Gallego99]

Joseph Stiglitz "Globalization and its discontents" is a good read. Highly recommended.

 

[yellowarse]

Joseph Stiglitz "Globalization and its discontents" is a good read. Highly recommended.

Absolutely. A man after my heart. Thanks.

 

[frenchbriefs]

another world bank to control our lives and screw the poor,whoop dee doo,and look at the founding members,if u think any good can come out of a bank run by china,iran and United arab emirates u must be out of your mind as much as i think the imf,USA and the jews are pure evil.

 

[eatshitndie]

china is one collective joke.

public female toilets.....

 

[yellowarse]

another world bank to control our lives and screw the poor,whoop dee doo,and look at the founding members,if u think any good can come out of a bank run by china,iran and United arab emirates u must be out of your mind as much as i think the imf,USA and the jews are pure evil.

Between the rich exploiting and screwing the poor, and the poor helping (and maybe screwing) themselves, I think the latter is the lesser of the two evils.

At the very least developing countries themselves know best what kind of aid they need, not one imposed upon them by the West trying to extract their pound of flesh.

 

[eatshitndie]

public male toilets......

 

[Equalisation]

Who started it ?

 

[Sinkie]

Who started it ?

Started what?

 

[Equalisation]

Started what?

Started the sequence of events that led to the whole world crying.:o

 

[Sinkie]

Before the ink dries on the Iran Nuke framework and before Iran is freed from the UN and US sanctions, Iran is approved to join the AIIB.

Then Israel applied to join on 31 Mar 2015 and now Iran is already a founding member and Israel is still on the application list, not yet approved.

Really telling siah.........wonder if Israel will withdraw its application now or kwai kwai kneel down and suck Chinks cocks or not.

Israel and USA think Iran is like Syria and Palestine, can bully type but how wrong can these morons be.

Iran has a proud Persian history. Remember the Great Persian empire? And Iran's women are so beautiful....slurp slurp.

No need to say so much about Japan, cos this one is already finished with 10 years of back to back recession and is sucking Yankie's dicks all these years.

 

[yellowarse]

Started the sequence of events that led to the whole world crying.:o

Doesn't matter, does it, as along as the joke is on the US.

 

[Sinkie]

Started the sequence of events that led to the whole world crying.:o

Who's crying? Which country?

 

[Froggy]

The Bilderberg will now allow Asians to climb over their heads. Go figure http://www.globalresearch.ca/the-tr...group-and-what-they-may-be-planning-now/13808