Libya proves the point that trying to install democracy without civil society cohesion and education is a waste of time. It had those things under authoritarian rule but has since been destroyed and it's attempt to revitalize it under democracy has been chaotic.
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- Thread starter bd popeye
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As Trump would say"where were you REALLY BORN?-not Sacramento!" as he ripped into an Asian-Chinese reporter when he was President.
First time she's gone down with seamen everywhere.
and yet it will remain an ardent pipe dream of white supremacists like Mearsheimer and Pompeo, that Russia will believe, like the EU, that white supremacy is more important than national soverignty. Anglo hegemony necessarily means death of your national culture and identity:
Looks like poseidon hates Burgerland.
I am so triggered by this article.
"The bancor is a plan for an international clearing system that imposes rules on world trade. These rules are aimed at preventing countries from running trade imbalances while at the same time avoiding curtailing free trade. They would prevent imbalances in two broad ways. First, countries that run persistent trade surpluses—as China is currently doing—are charged interest on their earnings. This interest is transferred to countries that are running trade deficits to help them develop their infrastructure and industry. Secondly, countries that run trade imbalances past a certain magnitude are forced to revalue their currency to eliminate the trade imbalance."
WTF why does China has to be charged interest on their export earning when it is Americans' over-consumption and own lack of manufacturing output that lead to their deficit ?
"These trade imbalances explain everything from the rapid rise of China to the hollowing out of American manufacturing."
No one hollow out American manufacturing ! Americans chose to gave up and focus on finance and service industries starting in the 80s because they offer better profit margins !
"different approach to America's—and by extension, the world's—economic problems."
America's trade deficit in her own problem, not the world's.
Fuck this piece .
"The bancor is a plan for an international clearing system that imposes rules on world trade. These rules are aimed at preventing countries from running trade imbalances while at the same time avoiding curtailing free trade. They would prevent imbalances in two broad ways. First, countries that run persistent trade surpluses—as China is currently doing—are charged interest on their earnings. This interest is transferred to countries that are running trade deficits to help them develop their infrastructure and industry. Secondly, countries that run trade imbalances past a certain magnitude are forced to revalue their currency to eliminate the trade imbalance."
WTF why does China has to be charged interest on their export earning when it is Americans' over-consumption and own lack of manufacturing output that lead to their deficit ?
"These trade imbalances explain everything from the rapid rise of China to the hollowing out of American manufacturing."
No one hollow out American manufacturing ! Americans chose to gave up and focus on finance and service industries starting in the 80s because they offer better profit margins !
"different approach to America's—and by extension, the world's—economic problems."
America's trade deficit in her own problem, not the world's.
Fuck this piece .
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Looks like the american plan is to institute an iron curtain around NATO/EU/Five Eyes markets and try to attack Chinese products globally with sabotage and threatening third parties via gunboat diplomacy. The eternal anglo strategy.
Elon musk and china are bound to clash somewhere in the future. There's a conflict of interest. SpaceX will always be a CIA asset when push comes to shove. China has recognized it as a threat and has started working on its own Satellite constellation.
Elon Musk also regularly promotes anti-china governments in Latin America as we've seen him promoting the Brazilian opposition leader whose anti-china and Millei. That's because he wants to extract lithium for his company at the expense of china and finally he has a hand in banning Chinese EVs in America to protect Tesla market share
I know the Chinese are smarter than I am and recognize the fact sooner or later, this CIA asset will have to be dealt with
Elon Musk also regularly promotes anti-china governments in Latin America as we've seen him promoting the Brazilian opposition leader whose anti-china and Millei. That's because he wants to extract lithium for his company at the expense of china and finally he has a hand in banning Chinese EVs in America to protect Tesla market share
I know the Chinese are smarter than I am and recognize the fact sooner or later, this CIA asset will have to be dealt with
I miss how this proposal is supposed to incentivize China. For once, the current US would not be amenable to China's investments being used to own a part of their economy, so they wouldn't allow this distributed interest rate to be used to develop their industry/infrastructure.
Even if we handwave that problem, suppose China(or other high productivity nations) are now obliged to invest into less productive countries, there is a reason these countries are less productive to begin with. Just because they now have money doesn't mean they can deliver profitable industries.
It always makes more sense for the winners to invest in themselves rather than in losers. Unless the "system" can somehow balance that out?
The sheer amount of effort and creativity put forth by the U.S. and its leaders to cheat its trading partners is evocative of antisemitic depictions of “the wandering Jew”
for eg
now of course, China foils this plan by providing a source of dollars via its BRI network and washes those loans into work and investment from Chinese firms, utilising the Yuan. Effectively, why would the world need the dollar if they can just use the yuan to buy what they need?
"Israeli Prime Minister Netanyahu: "We are the Eternal People. The people who fight to bring light into this world... And to root out evil.""
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"Nigeria officially announced it will start selling crude oil in local currency instead of the US dollar."
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"Nigeria officially announced it will start selling crude oil in local currency instead of the US dollar."
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