Miscellaneous News

manqiangrexue

Brigadier
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Imperial Edict.
Rubio's a clown with mental damage. Even the dumbest intern mofo at your local bank branch knows you need to sweet talk and dangle incentives to get customers to open accounts. This guy's like, "Use our finanicial system because we need to be able to punish you with it by holding your funds hostage. If you use your own system, we can't punish you and you can just do whatever you want and no one could coerce you or steal your money. Wouldn't that be terrible? Sign up here."
 
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CMP

Senior Member
Registered Member
Rubio's a clown with mental damage. Even the dumbest intern mofo at your local bank branch knows you need to sweet talk and dangle incentives to get customers to open accounts. This guy's like, "Use our finanicial system because we need to be able to punish you with it by holding your funds hostage. If you use your own system, we can't punish you and you can just do whatever you want and no one could coerce you or steal your money. Wouldn't that be terrible? Sign up here."
The law would not directly apply to China. Instead, it would sanction individual businesses in smaller weaker third party countries. Global South countries that China does business with. Basically trying to force others to do no business with China. Or forcing them to choose to either only do business with China or with the US. Not both.
 

manqiangrexue

Brigadier
The law would not directly apply to China. Instead, it would sanction individual businesses in smaller weaker third party countries. Global South countries that China does business with. Basically trying to force others to do no business with China.
It says financial institutions in countries of concern like China, Russia, Iran, so it would. Right now China is the world's largest trading nation. For small weak countries, they rely on China's affordable yet high tech goods. They can hardly afford any Anglo product which is priced to keep poor nations poor and hemorrhaging natural resources for meager returns. If any of those countries choose the US over China, they deserve to stay poor for volunteering themselves to be robbed.
 

CMP

Senior Member
Registered Member
It says financial institutions in countries of concern like China, Russia, Iran, so it would. Right now China is the world's largest trading nation. For small weak countries, they rely on China's affordable yet high tech goods. They can hardly afford any Anglo product which is priced to keep poor nations poor and hemorrhaging natural resources for meager returns. If any of those countries choose the US over China, they deserve to stay poor for volunteering themselves to be robbed.
I think they mean sanctioning third parties that engage with those Chinese financial institutions.
 

manqiangrexue

Brigadier
This will accelerate de-dollarisation process. World can’t abandon trading with China because supply chains and world trade goes through China. China can also say we will only accept yuan for payments which must go through the CIPS clearing system.
It's not gonna pass. He'll bring it up and they'll smack the Spanish out of lil' Marco cus this isn't clever or innovative; if they thought this would work instead of backfire, they would have done it a long time ago.
 
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FriedButter

Colonel
Registered Member
It is the other way around. The bill isn’t about sanctioning 3rd party users. It is about sanctioning Chinese banks for not using SWIFT for international trade. Rubio is demanding that Chinese banks must use US dollars for trade. Which is more or less another way of saying you must cease all trade with Russia.

To require the imposition of sanctions with respect to financial institutions of countries of concern that clear, verify, or settle transactions with other financial institutions of such countries.
COUNTRY OF CONCERN.—The term ‘‘country of concern”
includes the People’s Republic of China (including the Special Administrative Regions of China, including Hong Kong and Macau)
 

plawolf

Lieutenant General
There will always be people like her that swallow and will wholeheartedly accept the western narrative = truth amongst the Chinese society both within and especially to the Chinese diaspora living in western countries.

They have to justify and find cogent reason(s) for choosing to fully represent the western centric ways of thinking in culture, philosophy, etc..I know people like these that I am acquainted with in Canada and I am not sure if I should chastise or hold them in contempt for acting and thinking as a Westerner. At the end of the day, they were born and bred in a western country and therefore wholly indoctrinated and accepted western values and culture. That they happen to be of Chinese descent is immaterial since they have shown disinterest or inclination to learn the rich cultural heritage of the Chinese culture and most importantly the reason(s) why Chinese people have scattered all over the world.

Most of the people in the west have come to know the PRC as a caricature and the usual propaganda of soil sucking, freedom crushing, genocidal regime hell bent on taking over the world to the coming collapse of the regime the next.

I think we have to accept that we must not insist that people of Chinese origin or stock must view China especially in its current iteration with a positive mindset and attitude. In my opinion, they are simply western people who happens to look Chinese, nothing more nothing less. The mere fact that they look Chinese should not immediately qualify their views both pro and against as credible or having legitimacy, let alone expertise.

After all, their knowledge about China is no better than their average European descent westerner.

No need to think that deeply. No matter how perfect a society, there will always be idiots and ingrates who hate it for some idiotic reason or another. Even more so when someone was removed from that society at an early age and taught nothing expect how backwards and bad it is. The fact that such people exist isn’t abnormal.

What is becoming increasingly clear is that only such ‘ideologically pure’ people can succeed and thrive in the Anglosphere now and in the future.

This actually goes a long way in explaining the rapid decline of the west.

The west’s original appeal and strength came from its tolerance (as limited as that was) of other races and cultures. So long as you loved America/Britain/Australia/Canada, that was enough for you to be fully accepted and allowed to use your own talents and succeed. And in turn western societies benefited enormously from the drive, creativity and passion of these foreign talents.

These days not only do you need to love your host country, more importantly you need to actively hate on and denounce your home country. That puts off a huge amount of the most talented and capable foreign immigrant, who then take their talent and drive back home, to China and the global south to help China and the rest of the world to grow and succeed. What is left are usually the talentless leeches who’s sole talent is in sucking up to power and sucking in benefits.

It’s ironic indeed that the west has managed to more comprehensively and effectively solve China’s brain drain problem than any initiative China has launched.
 

bajingan

Senior Member
It is the other way around. The bill isn’t about sanctioning 3rd party users. It is about sanctioning Chinese banks for not using SWIFT for international trade. Rubio is demanding that Chinese banks must use US dollars for trade. Which is more or less another way of saying you must cease all trade with Russia.

How do you sanctions local Chinese banks which has no exposure to the u.s? In which I assume all yuan denominated China-Russian trade go through
 
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