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[-] PanArab@lemmygrad.ml 21 points 2 years ago

At this point all the news is obvious. The West and US will continue to be relevant but the days of them being able to act unilaterally are numbered if not over.

The empire won’t collapse in a spectacular fashion, and perhaps there won’t be a single event that causes it. It will be a slow and excruciating death by a thousand cuts.

[-] yogthos@lemmygrad.ml 12 points 2 years ago

That's what I'm expecting as well, at least in the foreseeable future.

[-] ikilledtheradiostar@hexbear.net 16 points 2 years ago* (last edited 2 years ago)

This isn't a criticism but it's surprising this hadn't happened sooner.

Detanglement from swift must've been a headache

[-] yogthos@lemmygrad.ml 4 points 2 years ago

I was honestly surprised they were still using the dollar too.

[-] ExotiqueMatter@lemmygrad.ml 13 points 2 years ago

It’s crazy how fast dedolarization is happening. The sanctions on Russia really boosted it.

[-] yogthos@lemmygrad.ml 6 points 2 years ago

Turns out moving off the dollar wasn't actually all that hard to do.

this post was submitted on 28 Dec 2023
52 points (96.4% liked)

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