https://www.themoscowtimes.com/2022/03/04/russian-tech-giant-yandex-says-might-default-a76752
Yandex are apparently banned from NYSE. There are countless other articles like this one on countless other sites, about countless other companies.
Beyond the stupidity of giving Russia nothing to lose, is ANYONE considering the fallout this, at all? Like how Trudeau inadvertently triggered a run on the banks when he froze truckers' assets, How do we think asian corporations are going to respond to the knowledge that, should their country sufficiently piss off the west's ruling corpocracy, they will get fucked over in ANY and ALL business they have with the west?
This is madness. There isn't a rational thought in anyone's head at this point. The west is destroying international faith in its economic infrastructure.
It's suicide.
I think that is starting to change though, whether the Fabians want it to or not. There is a lot of manufacturing that is starting to return to the US or is going to non-Chinese locations (a lot of product my work sells moved from China to Guatemala and El Salvador). And while its true that the rest of the world will probably suffer from pretty bad consequences and a recession, the US is in a position to ride it out better than expected due to us still producing large amounts of gas and oil (fracking was already cranking back up before the current jump), and we also produce absolutely hilarious amounts of agricultural product. And much like with Obama, a lot of these changes are happening whether Biden and his handlers want it to or not. And I would be unsurprised to see some state governors override the Fed and start offering up incentives to reshore or drill.
Either way, I am starting to get into belt-tightening mode.
The Fabian economic order is dying whether they want it to or not, whether they understand it or not.
What we're seeing isn't just that foreign countries are pulling out of China, they are realizing that the Americans won't be reliable, and China will be openly aggressive. So in order to protect themselves, they can't just go with the cheapest Chinese slave labor they can find, they'll have to spend more money becoming economically independent of Chines control.