Politics of Debt Book Group

There’s (or soon will be) a new world-wide lending institution in town. What affect will it have on the global economy? On the IMF and World Bank? On US control of the world’s monetary system? We’re discussing the new Asian Infrastructure Investment Bank being pushed by China and how it effects American hegemony over the worldwide banking system.

A few articles we’ll be reading. More may be coming.

Hudson on the Real News Net:
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=13470

William Engdahl (a reference in Ellen Brown’s works):
http://journal-neo.org/2015/04/10/aiib-brics-development-bank-and-an-emerging-world/

Another similar one:
http://www.goldcore.com/us/gold-blog/u-s-hegemony-and-dollar-threatened-by-new-chinese-bank/

New York Times editorial: Japan Must Join China’s Bank

Five Things about the Asian Infrastructure Bank

Demystifying the Asian Infrastructure Bank

The Guardian: In defence of the Asian Infrastructure Investment Bank: Joseph Stiglitz

Wikipedia: Asian Infrastructure Investment Bank

The Diplomat: China’s AIIB and the US Reputation Risk

The Politics of Debt Reading Group is affiliated with the Bay Area Public School and Strike Debt Bay Area.