De-Dollarization Accelerates As More Of Washington’s “Allies” Defect To China-Led Bank
by Tyler Durden
ZeroHedge.com
03/19/2015
“Ignoring direct pleas from the Obama administration, Europe’s biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II,” The Times notes, in yet another indication of declining US influence.
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