"Daí Ocidente não mais poderá estrangular o crescimento da Ásia: agora China financiará".
And in fact, all of these developments are related. And they're related to the reason for starting this Chinese-based bank. The United States-based Infrastructure Investment Bank, or rather, the Chinese-based infrastructure bank, is considered by the United States to be a mortal danger to its rule. That is, to U.S. imperialism in the world. The purpose of the United States military, its huge war machine that is more expensive than all the other militaries of the world combined, the purpose of that machinery is to put the United States and keep the United States in a position to control the terms of trade, and to enforce the domination of the dollar, and to give U.S. corporations and friendly European corporations an unfair advantage in the world, advantages that nobody else has. And without those unfair advantages, and without the coercive power of the U.S. military, American and European domination of the world would be doomed and we would see an end to half a millenia of Euro-American control of the world. That's something that the United States does not want to contemplate, and that is the source of the tensions in the world. That's why the United States did everything it could to dissuade its allies from joining this new Chinese-led infrastructure and investment bank, but many of its allies did join anyway. Including the Brits, and including Australia. And they joined because China is at the center of global economic development, and because Britain and Australia and other U.S. allies don't want to be left out of that development. The new bank means that the U.S. and Europe cannot strangle Asian development. Because of their control, and they've been in control since the end of World War II, their control of the International Monetary Fund, of the World Bank, and their Japanese allies control of the Asian development bank. The Chinese have also been central in the creation of another bank.
They're putting a whole new infrastructure together. And that bank will be operational by the end of this year. It's designed specifically to enhance the economic prospects of the BRIC nations, and that's China and India and Russia and South Africa. The reason that this bank is so important is because it's designed to protect the currencies of those BRIC nations from attacks by world capitalist financial extortionists and players. Players like George Soros, who make a killing out of devaluing everybody else's country. So the BRICs nations have banded together to protect each others' currencies, and therefore ensure that they have a smooth road to development.
