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GZDRefugee

Junior Member
Registered Member
Personally, I hoped China would go all-in on supporting Russia from the very start. Between Motor Sich, Azov battalion in the HK2019 riots, Zelenskyy himself telling the world to support Taiwan independence, China already had plenty of reasons to feed Ukraine to Russia. Now this while China is the only credible major power that can negotiate a ceasefire? Absurdity.
 

august1

New Member
Personally, I hoped China would go all-in on supporting Russia from the very start. Between Motor Sich, Azov battalion in the HK2019 riots, Zelenskyy himself telling the world to support Taiwan independence, China already had plenty of reasons to feed Ukraine to Russia. Now this while China is the only credible major power that can negotiate a ceasefire? Absurdity.
That's naive thinking. If China did that, it would become a pariah state to the EU, making it political suicide for any European leader to even suggest reproachment with China as a hedge against erratic US leadership. Let's also not forget Russia's double-crossing with India, including its insulting "intelligence leaks" about the Galwan clashes that clearly aimed to paint India as the winner.
 

FriedButter

Colonel
Registered Member
Steve Miran's "century bonds" proposal isn't principally intended to generate monetary returns for extremely patient purchasers of US sovereign debt. Instead, buyers will primarily be "rewarded" with American security guarantees, which Miran frames as "global public goods."

In more blunt terms than what Steve Miran is sugar coating his essay proposal with.

The US is defaulting on their debt. If they cannot pay now then what makes anyone think they can pay in 100 years.

One of the ideas includes forcing other countries to give their gold for century bonds, which cannot be sold and require a regular subscription fee.
Instead, one idea floating around is that other nations will be “encouraged” to swap holdings of dollars, short-term Treasuries or even gold for long-term or perpetual dollar bonds suitable for repurchase deals at the Federal Reserve.

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Randomuser

Senior Member
Registered Member
That's naive thinking. If China did that, it would become a pariah state to the EU, making it political suicide for any European leader to even suggest reproachment with China as a hedge against erratic US leadership. Let's also not forget Russia's double-crossing with India, including its insulting "intelligence leaks" about the Galwan clashes that clearly aimed to paint India as the winner.
What are you referring to on Galwan?

Anyway, I think of it from a less complex point of view. Russia is very prideful and still wants to prove its still got it. This is a mentality shared not just by ethnic Russians but its minority races which is why they are all fighting so hard to prove they still got it. Its all about pride. China understands this and so will give face to let Russia handle this issue by itself. They must have assessed that Russia would eventually win even if the journey is rough.
 
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