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CMP

Captain
Registered Member
Enlightenment thinkers were often times big fans of Confucianism and meritocratic governance. That didn’t change the fact that Qing Empire became a rotted carcass of a once great nation and deserved every bit of disdain.
100%. It is too easy for greatness to become entitlement + hubris. Which then quickly becomes rot + incompetence over the course of a few generations. It happened to China. It's happening to the US. One day it may happen to China again unless they learn from history. Relatively speaking though, China is better at learning from history than other countries/cultures.
 

siegecrossbow

Field Marshall
Staff member
Super Moderator
100%. It is too easy for greatness to become entitlement + hubris. Which then quickly becomes rot + incompetence over the course of a few generations. It happened to China. It's happening to the US. One day it may happen to China again unless they learn from history. Relatively speaking though, China is better at learning from history than other countries/cultures.

When China becomes incompetent and falls apart it will simply be put back again after a couple of generations. History has shown this over and over again.
 

CMP

Captain
Registered Member
When China becomes incompetent and falls apart it will simply be put back again after a couple of generations. History has shown this over and over again.
Yes. The greatest risk is that in the modern era, a couple of generations can be much more impactful than a couple of generations in the distant past. In the past, they only sought to exploit the population as a market for drugs, and to loot the imperial riches. In the future, I suspect they will instead aim for total genocide. After all, they are always guilty of that which they accuse others. The fact that they thought up the idea to lie that China is genociding Uighurs is likely born from the fact that they themselves wish they could genocide China into extinction.
 
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FriedButter

Brigadier
Registered Member
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Rubio introduces bill to counter adversarial financial systems​

JUL 30, 2024 |
China, Russia, and Iran use alternate financial systems to evade U.S. sanctions. Our nation must bolster its economic defense against this circumvention.
U.S. Senator Marco Rubio (R-FL) introduced the Sanctions Evasion Prevention and Mitigation Act to ensure our adversaries face economic consequences for their anti-democratic actions, ranging from committing human rights abuses to promoting terrorism.
  • “Sanction enforcement is vital to enforcing our laws. When our adversaries evade U.S. sanctions, we must do everything in our power to ensure they are held accountable and safeguard our financial system. This bill prioritizes countering regimes that are attempting to circumvent U.S. sanctions, including those in Tehran, Beijing, and Moscow.” – Senator Rubio
Specifically, the legislation would:
  • Direct the President to impose sanctions on any financial institution from a country of concern (China, Russia, Iran, North Korea, Cuba, and Venezuela, as well as Russian-occupied territory) that uses China’s Cross-Border Interbank Payment System (CIPS), Russia’s System for Transfer of Financial Messages (SPFS), or Iran’s System for Electronic Payment Messaging (SEPAM) to verify or conduct a transaction;
  • Terminate or prohibit any correspondent accounts or payable-through accounts of offending financial institutions in the U.S., or block all transactions in property and visas of such institutions or institution leadership in the United States or in the possession of a U.S. person; and
  • Require a report from U.S. Department of Treasury outlining the scope and usage of CIPS, SPFS, and SEPAM around the world, the risks of widespread adoption of these systems to U.S. national security, and recommendations to preserve and strengthen U.S. influence in the global financial system.
  • Direct the President to impose sanctions on any financial institution from a country of concern (…) that uses China’s Cross-Border Interbank Payment System (CIPS), Russia’s System for Transfer of Financial Messages (SPFS), or Iran’s System for Electronic Payment Messaging (SEPAM) to verify or conduct a transaction;
China, Russia, and Iran are evading U.S. sanctions by using alternate financial systems. Introduced a bill which would ensure these regimes are held accountable as they attempt to bypass our laws.


Imperial Edict.
 

CMP

Captain
Registered Member
Doesn’t that just build a wall around the US financial system?
They're trying to deter 3rd parties from engaging in financial transactions with China, Russia, or Iran using local currencies and systems. If you can't transact financially, you can't do business or trade. They're essentially trying to do the financial version of a classic naval blockade/trade embargo. The world will not be safe until the dollar has been completely and totally abandoned by every individual, company, and institution outside America.
 

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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