Surviving Capitalism (Not) : China Targets Dollar, Washington Has Conniptions

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Thursday, April 2, 2015

China Targets Dollar, Washington Has Conniptions

Click here to access article by Wolf Richter from Wolf Street. (Updated commentary, 8:30 AM Seattle time.)

As promised, I am posting everything I can find from independent sources regarding the controversy over the China-led Asian Infrastructure Investment Bank. Because I am mystified by such close collaborators of the US Empire such as Britain, Israel, Germany, Australia, etc, I am running this series in an effort to try to understand it. I still question the significance of this trend which many of these articles are implying or arguing.