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34
Washington Post: "The dollar is our superpower, and Russia and China are threatening it" (archive.is)
posted 3 years ago by AntonioOfVenice 3 years ago by AntonioOfVenice +34 / -0
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▲ 30 ▼
– Lurker404 30 points 3 years ago +30 / -0

Hahaha, and it's all "Trump's fault". The current sanctions are totally irrelevant!

The WaPo is such a cliche.

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▲ 20 ▼
– AntonioOfVenice [S] 20 points 3 years ago +20 / -0

It's one thing to use sanctions against a tinpot regime like that of Iran.

It's quite another to use them against a great power like Russia, and to threaten them against India if they aren't obedient little dogs imposing sanctions on Russia.

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▲ 14 ▼
– deleted 14 points 3 years ago +14 / -0
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– AntonioOfVenice [S] 3 points 3 years ago +3 / -0

I have respect for every people in the world, except the Welsh.

The Iranian people certainly is doing impressive things, no thanks to their regime though. I'm glad the regime is not a puppet to the Empire, but they're not exactly doing great things for their people - it's like the anti-imperialists version of Ukraine.

My point is that it is easy to bully smaller states, even if they have large amounts of oil, but it becomes much harder when you do it to a country like Russia, and it will be suicide if they try it with China.

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– deleted 1 point 3 years ago +1 / -0
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– LauriThorne 2 points 3 years ago +2 / -0

Right but China isn't going to stop trading with us on the chance that maybe they can tap into the Iranian market instead.

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– deleted 1 point 3 years ago +1 / -0
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– APDSmith 8 points 3 years ago +8 / -0

Sanctions, and printing literally billions of the little bastards only a couple of years ago...

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– AntonioOfVenice [S] 24 points 3 years ago +24 / -0

The dollar is America’s superpower. It gives Washington unrivaled economic and political muscle. The United States can slap sanctions on countries unilaterally, freezing them out of large parts of the world economy. And when Washington spends freely, it can be certain that its debt, usually in the form of T-bills, will be bought up by the rest of the world.

And then be surprised pickahu when people tried to protect themselves against that.

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▲ 21 ▼
– Assassin47 21 points 3 years ago +21 / -0

Whoever controls your money supply controls you.

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▲ 16 ▼
– Erithal 16 points 3 years ago +16 / -0

Hence why Central Bank Digital Currency is worth resisting.

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▲ 10 ▼
– TomSeeSaw 10 points 3 years ago +10 / -0

Hence why Central Bank Digital Currency anything is worth resisting.

FTFY, or haven't you seen how much less your paper dollar buys you today.

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▲ 13 ▼
– Devidose 13 points 3 years ago +13 / -0

Whoever controls your money controls you.

My dog.

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▲ 6 ▼
– Assassin47 6 points 3 years ago +6 / -0

It's true. All of it.

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▲ 15 ▼
– SoctaticMethod1 15 points 3 years ago +15 / -0

It was always threated by others as that was economic competition

What ruined it was the American establishment using it as toilet roll to wipe all their corrupt shit and ideological programs

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▲ 13 ▼
– Kienan 13 points 3 years ago +13 / -0

The dollar was our superpower. Until the government and the Fed jumped the shark, and everyone went 'wait a second here, guys, should we continue to let them get away with this fake shit? What if we just...don't?"

Also, the absolute retardation of propping your entire debt and economy on the petrodollar through bullying...and then trying to bully away the petro component. Even if the green push worked, it would destroy the dollar, and shift our economic power to China. Almost like that's the plan...

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▲ 10 ▼
– Steampunk_Moustache 10 points 3 years ago +10 / -0

You get what you fucking deserve.

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– Kienan 6 points 3 years ago +6 / -0

No, it's more like this.

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▲ 6 ▼
– Dereliction 6 points 3 years ago +6 / -0

i.e. "The dollar is a biggest and most successful scam, and we've seriously fuck it all up."

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▲ 2 ▼
– GeneralBoobs 2 points 3 years ago +2 / -0

Russia and China are doing no such thing. Their currency is worthless because China is a paper dragon with a fire in its tail and Russia is the imbecilic drunken neighbor that everyone has to tolerate because his family owns half the block. Neither is a threat to any economy unless you give them that power. Since China's own pricing has driven manufacturing to cheaper countries, it's lost most of its grip. Every country, including Russia and China, still use the U.S. Dollar as a trade currency. Even Saudis, who take both Rubel and Yuan, quickly convert it to Dollars.

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▲ 3 ▼
– AntonioOfVenice [S] 3 points 3 years ago +3 / -0

Their currency is worthless because China is a paper dragon

Is this the typical cope of "CHINA IS ABOUT TO COLLAPSE", which like global warming, is always 10 years in the future?

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– GeneralBoobs 1 point 3 years ago +1 / -0

No, because China was never built up. That is why they are not a threat. It's like being growled at by a toothless dog.

China has strategic weapons they cannot use. They have no money. They have no economic success. They have no control over the world economic system. They are losing control of the monopolies they once held. They are unable to meet demands for rare earth elements. They cannot keep their factories operating. Their food resources are failing. They are barely able to supply themselves with weapons, and those rarely work as intended. This is all because they never invested in the resources and understanding of what made the western world the powers that be, they simply bought a few pieces of technology and built some tofu dreg cities and claimed to be a super power.

While America is the fat bitch on the mobility scooter with diamonds, we are still more than capable of kicking everyone's ass before we die of a massive coronary. We just won't because it means getting off the rascal and breaking a sweat.

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– dekachin 2 points 3 years ago +2 / -0

Fareed Zakaria is an idiot and exactly the kind of person who represents the globohomo.

There are two worlds. One is the world of free trade overseen by the West into which Russia and China were wrongly invited. The other is the world of authoritarianism and oppression, led by China and Russia, sidekicked by Iran, with shithole countries like North Korea and Myanmar and some african countries unworthy of even being named.

The two "worlds" will be going to war within the next 5 years, mark my words. Though in reality it's going to be China standing more or less alone since its fellows will abandon it when the time comes.

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– trump4044 4 points 3 years ago +4 / -0

The US does not support free trade and hasn't since WW2.

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– dekachin 1 point 3 years ago +1 / -0

yes we do, a huge portion of our economy depends on foreign supply chains.

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– AntonioOfVenice [S] 2 points 3 years ago +2 / -0

It's hard to see who could disagree with that. The world hegemon has always supported free trade: the British and when the British empire was despoiled by the US, the US took over that role.

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– AntonioOfVenice [S] 3 points 3 years ago +3 / -0

Fareed Zakaria is an idiot and exactly the kind of person who represents the globohomo.

He definitely does. He would like the US to be able to use the dollar for its imperialism, but he's worried that they're overdoing it. I'm quite happy that they are.

One is the world of free trade overseen by the West into which Russia and China were wrongly invited. The other is the world of authoritarianism and oppression, led by China and Russia,

The countries that take away your kids if you won't let them be castrated, where you are punished if you call a man a man, where you have to bow down to people based on their color, call others 'authoritarian and oppressive'.

The two "worlds" will be going to war within the next 5 years, mark my words. Though in reality it's going to be China standing more or less alone since its fellows will abandon it when the time comes.

You made Russia wholly dependent and a de facto vassal state to China (though I don't think they will tolerate China blowing up its infrastructure like your vassal Germany does). Even if Russia wanted to peel away, it couldn't.

I'll tell you one thing: if you rely on the support of your vassal states, you have quite another thing coming. The bribed traitor politicians may be your pets, and do whatever you tell them, but the population isn't quite ready to get terminated for Taipei.

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– dekachin 1 point 3 years ago +1 / -0

The countries that take away your kids if you won't let them be castrated, where you are punished if you call a man a man, where you have to bow down to people based on their color, call others 'authoritarian and oppressive'.

None of those things are remotely true.

What is true is that if you say anything critical of Putin in Russia, you get thrown off a fucking balcony. If you criticize the CCP in China, they lock you in a gimp chair and humiliate you on TV, and that's if you're lucky. If you're unlucky they just "disappear" you and you end up in a hole somewhere.

You made Russia wholly dependent and a de facto vassal state to China

Russia isn't a vassal of China, yet. After China loses or is deterred from war with the West, it will turn on Russia and crush Russia and subjugate it into vassal status. Late 2020s to early 2030s timeframe.

I'll tell you one thing: if you rely on the support of your vassal states, you have quite another thing coming. The bribed traitor politicians may be your pets, and do whatever you tell them, but the population isn't quite ready to get terminated for Taipei.

Sure they are. Just look at the polling. They all know they are next on China's target list after Taiwan falls.

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– AntonioOfVenice [S] 2 points 3 years ago +2 / -0

None of those things are remotely true.

"IT'S NOT HAPPENING".

Except that it's happening in Canada.

In Norway, a woman is facing 3 years in prison for calling a man a man.

Your entire country's legitimating ideology revolves around prostrating before the idol of blackness. Naturally, to no actual benefit of blacks, because that is not a concern at all.

What is true is that if you say anything critical of Putin in Russia, you get thrown off a fucking balcony

Oh right. When was the last time someone was thrown off a "fucking balcony"? I assume no one has said anything critical of Putin in the interim? Pro-war commentators regularly talk smack about Putin and the Kremlins.

If you criticize the CCP in China, they lock you in a gimp chair and humiliate you on TV, and that's if you're lucky.

Like the January 6 protesters?

It's not even that your criticisms of the CCP are invalid. It's that they are INSANELY HYPOCRITICAL. Like your "we should be able to invade and bomb everyone, but others, not so much". You're not better than anyone else. And you're going to adjust to multipolarity like a good little boy.

Russia isn't a vassal of China, yet. After China loses or is deterred from war with the West, it will turn on Russia and crush Russia and subjugate it into vassal status. Late 2020s to early 2030s timeframe.

So let me get this straight. You're going to go to war with China, and then China will turn on its ALLY Russia - the greatest nuclear power in the world? How does that make any sense?

No. Russia is already in China's pocket. Name one thing that China could want that it cannot get. Sure, it's not as bad as occupied and castrated Germany, I'm sure Putin would protest if China blew up its infrastructure.

Sure they are. Just look at the polling. They all know they are next on China's target list after Taiwan falls.

You think Europe is going to be invaded by China? No. Clean up your own mess, leave us out of it.

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– Ricky_CIA 1 point 3 years ago +1 / -0

The cronies pulling Biden's strings are the ones who are fucking up the dollar as a global currency.

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– deleted 42 points 3 years ago +42 / -0
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– deleted 13 points 3 years ago +13 / -0

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