Author Topic: Bond Vigilantes Stir As Trump Team Hints At "Infrastructure Bank"  (Read 296 times)

0 Members and 1 Guest are viewing this topic.


HonestJohn

  • Guest
Re: Bond Vigilantes Stir As Trump Team Hints At "Infrastructure Bank"
« Reply #1 on: November 17, 2016, 07:45:03 pm »
http://www.zerohedge.com/news/2016-11-16/bond-vigilantes-stir-trump-team-hints-infrastructure-bank

We already control multiple international development banks.

That said, they are a good idea.  It helps boost growth and forces other nations to follow our rules to get the funds.

China is starting to follow this pattern as well with their AIIB (Asian Infrastructure Investment Bank).  They control the decisions made by the bank, to promote develoment in foreign countries designed to benefit Chinese business activities in said country.

And at the same time, they don't have to fully fund all of that... as partner bank members have to stump up funds that the bank lends (which China has the majority control).