Miscellaneous News
- Thread starter bd popeye
- Start date
Dollar is in no danger because of "her latest" in FT.""
Soon dollar is going to be pegged against opinion pieces in FT.
Jai Dollar.
As you can see it started out by denying China access to leading edge tools. Like the tools for semiconductor manufacturing. They will likely expand this to other tools to attempt to reduce China's productivity vs their own sphere. Just like they did against the Soviets. They will also likely start blocking sales of certain products made in China to their own sphere or keep increasing tariffs like they did with solar panels. Expect this to be expanded not just to telecoms products but also to cars. As a last resort they will try to cut Chinese maritime trade routes. Basically by doing the same strategy Germany did in both world wars with unrestricted submarine warfare where they will prey on Chinese merchant vessels. At the same time they will put hypersonic weapons right next door to China in South Korea and Japan.
In order to counter this China needs to increase its nuclear deterrent to the same level Russia and the US has. They need their own nuclear attack submarine fleet of roughly same size as the US and its opponents. They need to expand their own merchant fleet, they need to control the sea routes to the Middle East and Africa. The US will likely not want to confront China in its own front yard, as this could lead them to a defeat similar to the one the Russians had against the Japanese in Imperial times. So they will try to attack China's merchant fleet far from its own waters. China needs to control the Middle East and Africa as this will starve their opponents not just from cheap oil, but also a lot of possible manpower. China needs to get either Indonesia, or India, or both on its side or at least to remain neutral.
This is the kind of things I want all young Chinese to see in their own eyes, which is 100 times more effective than propaganda departments or CCTV.
Wouldn't cutting maritime routes be declaration of war? When that happens, China will likely retaliate by hunting down their merchant ships with missiles, naval mines and submarines. But I do agree with your solution, should prepare in case they are dumb enough to pursue it.
She actually entertains crypto to reserve currency
. "Cryptocurrencies as a whole are worth roughly today — and who knows how much tomorrow. That is just over 15 per cent of global foreign exchange reserves. "
When supporting Ukr nazis and patrolling the SC Sea are more important than feeding starving british kids... LOL.
A group of more than 550 food banks across Britain have warned Boris Johnson and Rishi Sunak that they are close to “breaking point” from an unsustainable surge in demand during the cost of living crisis.
Soaring energy bills, rising food costs and the national insurance hike are pushing a growing number of families to the brink
A group of more than 550 food banks across Britain have warned Boris Johnson and Rishi Sunak that they are close to “breaking point” from an unsustainable surge in demand during the cost of living crisis.
Soaring energy bills, rising food costs and the national insurance hike are pushing a growing number of families to the brink