The UK is ready to leave the dollar behind - Joins the Asia Infrastructure Investment Bank

03/20/2015 - 00:00

By Simon Black -

In another awkward blow to the rapidly waning US-dollar hegemony, America and Britain just had their “It’s not you, it’s me” moment.

Late yesterday, the government of the United Kingdom announced that they would be applying to join the Chinese-led Asian Infrastructure Investment Bank… as a founding member.

This is huge.