This Could Be A Game-Changer For The U.S. – Dave Kranzler

Israel applies to become founding member of China development bank (The Asian Infrastructure Investment Bank) – The Telegraph UK

TND Guest Contributor:  Dave Kranzler |

The U.S. Government has unsuccessfully tried to pressure its vassal lapdog allies against joining China’s AIIB.  And up until now, Israel had been one of the United States’ closest allies.  The AIIB already includes the UK, Germany, France, Italy and Australia.  The purpose of the bank is to fund infrastructure development projects across Asia.  The bank represents the next step in the economic and social advancement of Asia.  It also is indicative of China’s rise as a global superpower.

The Israeli foreign ministry hailed the AIIB as a “diplomatic achievement” and “one of the most important initiatives in terms of Chinese foreign policy and in particular for President Xi Jinping.”

Notwithstanding the current rift between Israel and the U.S. Government, this move in my opinion underscores the U.S. Government’s rapidly deteriorating ability to impose its hegemonic will on the rest of the world.  It is also indicative of the fact that the United States Government is increasingly isolating itself from the world community.

I find it quite amusing that the article linked above characterizes the AIIB as “controversial.”   The organization is only “controversial” from the U.S. Government’s point of view.   I strongly suspect that all of the new member countries do not consider the AIIB to be at all controversial.  Rather, it’s an opportunity for western countries to capitalize on Asia’s economic expansion by participating in development projects and to advance economic/political relations with China.

The only downside to this is that as the U.S. Government finds itself increasingly isolated, and the U.S. dollar’s role as the reserve currency is increasingly diminished, I believe it makes the U.S. more dangerous.  Let’s not forget that when a rat is cornered it will attack. This particular rat has a lethal arsenal of nuclear weapons and a military policy which believes the U.S. can win a first-strike nuclear war.

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About Dave Kranzler:

 I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for Bankers Trust. I have an MBA from the University of Chicago, with a concentration in accounting and finance. My goal is to help people understand and analyze what is really going on in our financial system and economy. You can follow my work and contact me via my website Investment Research Dynamics.  Occasionally, I publish on Seeking Alpha too. As a co-founder and principal of Golden Returns Capital, LLC Mr. Kranzler co-manages the Precious Metals Opportunity Fund, a metals and mining stock investment fund.

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