Tag Archives: social issues

Tug of War between America and China over World Financial Influence

The Asian Infrastructure Investment Bank (AIIB) is becoming more influential in the world.

Their reach is growing as Argentina is the sixth Latin American country to join. Argentina is said to have been going through financial difficulties as of late. It was reported that after Argentina suffered a debt crisis they were not able to get financing.

The Asian Infrastructure Investment Bank (AIIB) may be perceived as saviors when they come to the aid of a country that would not have received it otherwise.

The AIIB is now gaining influence in the Latin world. This can spell trouble for the United States and its allies when you really take a look in to what is the Asian Infrastructure Investment Bank. The AIIB was established in January 2016, but the idea of the Asian Infrastructure Investment Bank was floating around since 2013. Investopedia has stated that observers of the AIIB see it as challenging other international lending bodies that have America’s interest at heart such as: the World Bank, the International Monetary Fund and the Asian Development bank.

America may start to look less like the “big man on campus” if more countries are able to get help from the AIIB when the main international lending bodies won’t help them. It can foster a loyalty for China and its values. The main value of China is communism, a concept that is extremely hazardous to democracy.

With six Latin American countries already members of the Asian Infrastructure Investment Bank (AIIB), the United States risks losing influence to China. With more Latin countries with increasing interest in the AIIB, the United States may lose its status as a major player. When countries that are financially hurting have “a new daddy” and it is not the United States, any command or statement from the U.S. will hold less weight, therefore, be less meaningful to the international world.

In addition to Argentina, below is a list of countries that have a membership with the Asian Infrastructure Investment Bank:

Australia , Azerbaijan, Bangladesh, Brunel Darussalam, Cambodia, China, Georgia, Hong Kong , Indonesia, Iran, Israel, Jordan, Kazakhstan, Korea, Kyrgyz republic, Lao PDR, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, Oman, Pakistan, Philippines, Qatar, Russia, Saudi Arabia, Singapore, Sri Lanka, Tajikistan, Thailand, Turkey, United Arab Emirates, Uzbekistan, Vietnam, Bolivia, Brazil, Chile, Peru and Venezuela.

Will America’s world influence be weakened by China’s new found financial muscle called the Asian Infrastructure Investment Bank (AIIB)? Is the Asian Infrastructure Investment Bank a soft way for China to extend their red empire? Only time will tell. What is for sure is that the increasing power of the Asian Infrastructure Investment Bank is something that should be of some concern for the United States as the financial tentacles of China successfully stretch to every direction of the world.

Sources:

http://en.mercopress.com/2017/06/17/argentina-joins-asian-infrastructure-investment-bank-aiib

http://www.investopedia.com/terms/a/asian-infrastructure-investment-bank-aiib.asp

https://www.aiib.org/en/about-aiib/governance/members-of-bank/index.html

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The Death Traps of America – Developers are creating another Hurricane Katrina Situation

Inland communities will suffer another Hurricane Katrina situation in America which will result in death and homelessness on a grand scale.

Can another Hurricane Katrina type catastrophe happen again in America? Yes it can and it may be inevitable. Floods are the most common natural disaster as well as the most deadly natural disaster according to the National Science Foundation. Based on research results from the Annals of the American Association of Geographers, development on American coastal flood zones have decreased. However, development in flood zone inland communities has increased in the United States.

As global warming becomes the new normal, flooding is the cheese on the climate change pizza. A scientist at Louisiana State University calls the trend to develop in inland communities “worrisome.” It has been labeled worrisome because many of these inland communities are vulnerable to flooding. It must be noted that flooding in inland communities are a step below the seriousness of flooding in a coastal flood zone. Nonetheless, the damage can still be brutal.

Three counties in America at risk of suffering Hurricane Katrina like damage to their areas are:

  • Gulf of Mexico: Cameron Parish in Louisiana, with 93.6 percent of its population in the flood zone.
  • Monroe County in Florida, with 91.4 percent of its population in the flood zone.
  • Galveston County in Texas, with 82.8 percent of its population in the flood zone.

can another hurricane katrina happen?The National Science Foundation has stated that people are more knowledgeable about natural disasters than they were ten years ago but there are still many who are oblivious. A lack of knowledge was the root of the Hurricane Katrina tragedy. Lives could have been saved if the residents of New Orleans knew the seriousness of that hurricane regarding living below sea level and not staying in an area that is below sea level during an event that will lead to a flood.

As many people have left coastal flood areas for inland communities they feel they are out of the woods when it comes to the effects of hurricanes, such as flooding. On the contrary, they are not. Inland communities are in fact a danger zone in regards to flooding. With these areas becoming very populated, the probability of a tremendous loss of life increases if a massive flood occurs in a crowded inland community area full of people who were not informed of the repercussions of living in an inland community flood zone.

In addition, hotspots located in New York City and Miami have seen an upsurge in development in flood zones. As the cancer of gentrification is in stage four it is right to assume that these death traps of real estate developments will continue. Furthermore, many people can be displaced causing a homeless epidemic of mass proportions.

Make sure you know which coastal zone you live in to know how serious the impact a natural occurrence of Earth can be to your life. You may have to seek higher ground. Stay safe.

Source:

https://www.nsf.gov/discoveries/disc_summ.jsp?cntn_id=242256&org=NSF&from=news

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