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Helpful, but not a fundamental solution to the problem. The kidnapping of the US dollar is actually to a large extent the result of China's own manipulation of the exchange rate, although the official does not say so, but in fact, for a long time, China has depressed the exchange rate for exports, resulting in a large foreign exchange surplus. It also has to do with China's investment-oriented economic development model.
In the final analysis, it is a question of China's own economic development model.
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Completely agree with the upstairs, I will also borrow a light, why so many countries joined, it is very simple, China is strong, there is strength, China can eat meat, how can they drink soup, after all, they are only small countries, it is difficult to have the determination of China, Russia and the United States to dominate the world, of course, the strength is also much worse, Russia joins in his perspective to think about it, join the basic to listen to China, but if he does not join when the ruble depreciates, he can't do it, hundreds of billions of dollars of foreign exchange will soon be gone, he must find a way out in advance, Russia's joining is a good thing for China, to a certain extent, to reduce the military threat in the north, control the polar bear economy, he will not rashly confront by force like Zhenbao Island, Japan can only do it in a hurry now, there is no money if it does not join, and it can only be China's subordinate generals if it joins, which is not in line with the strategy of the first country, he will consider it for the future It will be more likely, the United States can make a living on its own, although the current situation of the United States is not good, but it has not reached the point of collapse, he will respect the possibility of interfering with this organization, but he joined, In short, the entry of powerful countries is a good thing for China, which further consolidates China's position and controls the world's economy, and also reflects their Chinese recognition and trust, China will not suppress other countries to the United States, and will protect world peace, compared with the United States, China is more responsible, and China's control of the world is more beneficial to the development of the world.
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For the United States: This is China challenging the financial supremacy of the United States.
For the world: this is a safe haven to avoid the United States using the dollar to exploit the world.
For China: this institution could be a bridgehead for the renminbi to become a world currency in the future.
It stands to common sense: the AIIB is redundant, because there is already the World Bank and the International Monetary Organization.
To put it in reality: the United States uses the International Monetary Organization and the World Bank to exploit countries around the world, even its closest allies, so everyone naturally flocks to the AIIB.
In the early 80s, the United States used the hegemony of the dollar to deprive Japan of 20 years of development achievements in one fell swoop, and until more than 30 years later, Japan's economy still has not come out of the trough!
There are also European countries, South Korea, Singapore in Asia, and countless small countries in the world have been sucked dry ...... by the dollar
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It was established because: the desire of the people cannot be stopped.
The reason for the obstruction is that the United States is the world's financial hegemon, he controls the World Bank and the International Monetary Organization, promotes dollar hegemony around the world, and wantonly sucks blood from all countries in the world, even the closest allies. So his allies have also joined the AIIB, the establishment of the AIIB, to the countries of the world to provide another path of financing, which will inevitably share a piece of the United States, which the United States does not want to see, if the AIIB becomes bigger and stronger, can compete with the World Bank and the International Monetary Organization, ......Lao Mei will really be angry! Hope to adopt, thank you.
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If the United States decides to deal with the AIIB, the United States is the financial hegemon, and if it wants to deal with the AIIB, it will manipulate the exchange rate of the US dollar.
The long-standing current account deficit and fiscal deficit in the United States are the root cause of the dollar's depreciation. The subprime mortgage crisis that erupted in 2007 dealt a huge blow to the U.S. financial system and real estate market, further exacerbating the depreciation trend of the dollar.
Since 2002, the US dollar has been sustained**. In a basket of currencies, the dollar has depreciated by 37 per cent since 2001. After September 2007, affected by the subprime mortgage crisis, the US dollar showed a sharp trend, and the exchange rate against 16 major currencies fell across the board.
In 2008, the direction of the US dollar exchange rate was full of uncertainties. Due to the possibility of a downturn or even recession in the U.S. economy, the possibility of a worsening subprime mortgage crisis, and the impact on investors' confidence in holding U.S. dollar assets, and the central banks of various countries have ** U.S. Treasury bonds, the U.S. dollar may continue to trend in 2008. However, as the current account deficit of the United States has been reduced to a certain extent, the United States economy may continue to maintain stable economic growth after a brief downturn, and the policy of a strong dollar after the United States may dominate, the dollar exchange rate may also have an inflection point in 2008 and stop falling.
No matter what changes occur in the US dollar exchange rate, it will have a far-reaching impact on the US economy and the world economy.
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After all, the United States is still a financial hegemon, and if he wants to deal with the AIIB, he can manipulate the exchange rate of the US dollar.
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The reluctance of the United States to join is inevitable.
The World Bank and the International Monetary Organization are the largest financial institutions in the world, where the United States says the same, so that these two institutions have become tools of the United States, the United States borrowed these two institutions to vigorously promote the hegemony of the dollar, unscrupulously sucking blood from the world, even allies are not spared, the biggest victim is Japan, a square agreement, deprived Japan of 20 years of development results, since then, the Japanese economy has been in a slump, knowing that 30 years later, the Japanese economy is still not out of the trough! So it's no surprise that allied allies are joining the AIIB. Japan was also unmoved by the constraints of the United States.
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Division: Serie A.
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