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.
Wow, that anti air defense was hitting everything
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,,
Mr. Bibi, tear down this wall 🧱
Eldungeon2
joined 2 years ago
Now we got the cyber truck explosion in Vegas