Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.
Beijing’s move to bail out Russia, on top of its recent aid for Venezuela and Argentina, signals the death of the post-war Bretton Woods world. It’s also marks the beginning of the end for America’s linchpin role in the global economy and Japan’s influence in Asia.
Read More: China Steps In as World’s New Bank
Latest posts by Niamh Harris (see all)
- Donald Trump Says “We Will Be Back” As He Leaves White House - January 20, 2021
- Hollywood Celebs Still Lashing Out At Trump & His Supporters - January 20, 2021
- Trump Pardons Cronies & Celebs On Final Day In Office – Excludes Assange & Snowden - January 20, 2021