China's Global Ambitions Take Shape As AIIB Structure Revealed, Germany Pledges Full Support

China is the real threat to USDollar hegemony--the political theater is only playing out in Russia, with Ukraine as the proxy stooge.

When Saddam Hussein and Muammar Gaddafi sought alternatives to the petrodollar, they were off'ed.  It's not so easy to nuke Russia or China.

http://www.zerohedge.com/news/2015-06-10/chinas-global-ambitions-take-shape-aiib-structure-revealed-germany-pledges-full-supp

Israel applies to join China-backed AIIB investment bank

America's loss of face on the economic world stage is now complete.  Two of America's biggest allies:  the UK and now Israel have defied Washington's orders and have applied to become founding members of the Chinese-led Asian Infrastructure Investment Bank.

http://www.reuters.com/article/2015/04/01/us-asia-aiib-israel-idUSKBN0MS46J20150401

China And The US: The AIIB Fiasco & America's Colossal Loss Of Face

http://www.forbes.com/sites/jplehmann/2015/04/02/china-and-the-us-the-aiib-fiasco-americas-colossal-loss-of-face/

De-Dollarization Accelerates as Switzerland Quietly Wields a Big Bank Stick by Joining the Chinese Founded AIIB

With the UK, Switzerland, Australia and Japan joining the AIIB, USDollar hegemony will soon be toast.

http://johngaltfla.com/wordpress/2015/03/21/de-dollarization-accelerates-as-switzerland-quietly-wields-a-big-bank-stick-by-joining-the-chinese-founded-aiib/