Yeah but it's nice to see where the cities other people post are
Idk dummy here but seems like they're trying long term towards decoupling commodities from the US $ to Yuan. While also, buying, repacking and selling US bonds to finance belt and road initiatives makes that initial investment in the infrastructure project dependent on US dollars, all subsequent transactions will not be in dollars. Seems pretty measured scaling back imo. The belt and road initiative is the last gasp of the post cold war globalization and ironically is being led by China (from a westiod perspective). It seems like they are minimizing risks by leaving the financial investments in dollars while the physical commodities transition more and more to Yuans
Good point. Also, between the antigenocide movement on the left and the anti-Ukraine war, mostly from the right the center still insisting that we give billions of taxpayers dollars while their constituents treats are being squeezed through inflation and austerity is probably missing the equivalent of a political layup.
Bulletins and News Discussion from July 22nd to July 28th, 2024 - Fracas in Dhaka - COTW: Bangladesh
He's an asset.
All along the real problem is she's a conservative compradore and not progressive at alll
Jokes on you. Reading again
The short term demands of financialized capitalism vs. Productive capitalism of China (and Russia) is going to bring tons of geopolitical contradictions to bear. At some point we could expect the west to make investments in productive capacities but idk. It seems to be at least a political impossibility and only further entrenched the Wests death drive.
Drug dealing,,
I heard someone here yesterday talking about how the narrative doesn't matter to the global south and looks like FT has an article on it too. Here's one from RT referring to the other one. The western media narrative largely doesn't matter to over half of the world and any change in our rhetoric will probably come from pressure outside the west.
Eldungeon2
joined 2 years ago
RT has Lavrov saying that the navy and airforce are conducting drills in the Mediterranean. Sadly, smells like BS.
https://www.rt.com/news/608910-russian-ships-still-at-tartus/