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re: Russia - China Trade Ditches The US Dollar As Currency Of Choice For Transactions

Posted on 4/27/21 at 7:39 am to
Posted by Indefatigable
Member since Jan 2019
29978 posts
Posted on 4/27/21 at 7:39 am to
quote:

The good news is it will lead to peaceful Balkanization


Nope. Once again, people on this site use “Balkanization” as if there are any possible positive connotations to the word. It’s not possible for something like that to be peaceful.
Posted by Animal
Member since Dec 2017
4310 posts
Posted on 4/27/21 at 7:45 am to
quote:

It’s like a willful desire to cripple us
]


That word in bold is not required.
Posted by CleverUserName
Member since Oct 2016
13619 posts
Posted on 4/27/21 at 7:53 am to
So worth it. O.......M........B.

Posted by Lima Whiskey
Member since Apr 2013
20472 posts
Posted on 4/27/21 at 7:54 am to
I don’t believe the Russians want to cripple us. I think they’re just make (good) selfish choices to protect themselves, and to improve their economic situation.

The Russians really just want calm. And we’re an agent of chaos.

The Chinese are direct competitors though, unlike the Russians, and they want us broken at their feet. It does appear to be emotional too, look at how they humiliated the Biden people in Alaska.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 4/27/21 at 8:42 am to
quote:

they want us broken at their feet


That's a strange want considering it would be suicidal to the CCP. Africa isn't filling that global consumption void.
Posted by BabaLooey
Member since Sep 2020
99 posts
Posted on 4/27/21 at 9:12 am to
quote:

I mean who wouldn't want trade in a currency in which about 70% of it ever issued was the last 12 months


Well, China has been doing the same thing on a much larger scale than the west. Russia and China are natural enemies. Look at all the resources straight north of China.

Peter Zeihan and many other smart folks think China is in a world of hurt. Peter does a great breakdown of global demographics and economics. Check out this talk. I will start it at one point he is discussing China.

LINK
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
49456 posts
Posted on 4/27/21 at 11:04 am to
quote:

By 2026 China will be the world leader in GDP. Despite being asshoe, their currency will take over USD & EURO. When the pandemic moniker is dropped in the US, we are in for a shitstorm of unparalleled proportions. Landlords will evict delinquent tenants (34% of all black tenants are delinquent). Unemployment benefits will be curtailed. Another stimulus will be enacted. The inflation coming will be parabolic.

The good news is it will lead to peaceful Balkanization


By the turn of this century, China will have established its global dominance over the USA.
Posted by OMLandshark
Member since Apr 2009
114211 posts
Posted on 4/27/21 at 11:05 am to
I love how so many people here are so confident that Russia and China wouldn’t join sides simply because they don’t like each other on a personal level. The problem is no one likes the government of either of these countries on a personal level.
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 4/27/21 at 11:13 am to
Guess what happens when you print a bunch of money and no one wants to buy it?

INFLATION

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