Bad news for IMF

[ThePilgrim]

The International Monetary Fund, which is controlled by U.S. seems to be loosing some of it's power.  The future for the dollar may be in jeopardy because of this development.

 http://news.antiwar.com/2015/03/27/us-lobbying-fails-as-allies-flock-to-china-led-bank/

 

 

 

 

[John81]

China is a world lender, a major source of manufacturing, has a strong economy, is poised to dominate the 21st century, and virtually owns the American economy by virtue of the huge amount of American debt she holds and being America's primary lender.

With the growing power of China, in terms of economic clout, manufacturing and even militarily, many nations simply can't afford to upset China or to miss out on the opportunities presented by the new bank regardless of American objections.

No nation or empire remains the main power forever. Just as America replaced the United Kingdom as the dominate world power, it appears China is in the process of replacing America.

[MountainChristian]

Pride goeth before destruction, and an haughty spirit before a fall.
 

It seems like lost people rule our banking systems and wall street, so it is only a matter of time until we are brought low. Instead of seeking God's merciful hand giving us blessings, the lost say "look what I've done", "look how smart I am", etc.