Sunday, April 12, 2015

Fighting Over Debtors

The Asian Infrastructure Investment Bank, AIIB, is preparing to launch under Chinese guidance. The USA (World Bank) and Japan (Asian Development Bank) have thus far resisted cooperating, piqued by expected operational overlap with the AIIB.

Japan is further irritated to be perceived a US flunky. Surely Japan's government continues to be a satellite to US government power -- but irritated when their subservience is on display.

Nature shows that apex predators don't play well together...