This Is Why The US Just Lost Its Superpower Status According To Larry Summers

by Tyler Durden
ZeroHedge.com
04/06/2015

“This past month may be remembered as the moment the United States lost its role as the underwriter of the global economic system… With US commitments unhonoured and US-backed policies blocking the kinds of finance other countries want to provide or receive through the existing institutions, the way was clear for China to establish the Asian Infrastructure Investment Bank,” the former Treasury Secretary says, in a sharp rebuke of US foreign policy.

The Rest…HERE

This entry was posted on Monday, April 6th, 2015 at 10:46 am and is filed under China, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.