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Will China’s Asian Infrastructure Investment Bank begin a new world order?

Summary: China has created the Asian Infrastructure Investment Bank (AIIB) and signed on enough nations to make it a significant global force, but opinions differ about its odds of success and long-term significance. Some people expect nothing; some expect the world to change. Here I review the various bets and pick a winner.   {1st of …

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The world changed last week, unreported and unseen

The world changed last week, unreported by the media and hence unseen by most Americans.   Our locked orientation — seeing ourselves as the hegemonic or imperial power — blinds us to the almost inevitable evolution of the world to a multi-polar order.  In the 21st century the center of economic power moves from West to East.  This blindness …

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