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
Fetterman coward confirmed. He's working outside his required uniform. It's disrespectful to the chamber. GET THIS MAN SOME CROCS AND ELASTIC WAISTS STAT!!!
All along the real problem is she's a conservative compradore and not progressive at alll
Jokes on you. Reading again
It's important to remember the geopolitical ecosystem of the time. SA came into a new country just as the USSR was dissolving and China was deep Dengist reforms, the 90s were a particularly hard time for Cuba and the DPRK. The CP's were advising the ANC to not alienate foreign capital and globalization under US hegemony seemed a forgone conclusion - and it was for almost 25-30 years. As someone else has stated even Zimbabwean land reform was done in as friendly fashion as could be.
Communist and anarchist were targeted too
All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses, his real conditions of life, and his relations with his kind.
Yeah but it's nice to see where the cities other people post are