Miscellaneous News

S

sndef888

Captain
Registered Member
getready said:
It's a petty move from the ATP and WTA from the beginning. Wimbledon banned Russians even though the eventual ladies champion is from Russia but represent Kazakhstan now. The Russians and Belarusian players didn't have their national flag to represent them still in Aus open, just a white flag beside their name. Didnt stop them doing well though. 2 Russians reach the quarters in men's. 3 of 4 semi finalists in ladies were Russian or Belarusians. The 2 finalists in girls division are Russian.
Click to expand...
Tennis is pretty much a western sport dominated by American influence, and these political moves show that very clearly
 
Chevalier

Chevalier

Major
Registered Member
https://twitter.com/i/web/status/1619042773746982912

The US game plan appears to be to force countries like Pakistan and Sri Lanka who are undergoing debt crises, to get loans from the IMF-denominated in US Dollars. This will increase demand for US dollars and hence allow the US to still keep interest rates high.
Why are they doing this?
The very role of the US dollar as the reserve currency is at stake.

China on the other hand is more than happy to offload some of its US dollars...in return for hard assets like infrastructure deals as part of BRI and commodities. This is where someone like Pompeo betrays his complete ignorance by trying to make sure that IMF loans wouldnt be able to be used to pay Chinese debt- like why the hell would China accept USD when it can get hard assets like the port of Hambantota or uranium mines as payment?
 
H

henrik

Captain
Registered Member
Chevalier said:
https://twitter.com/i/web/status/1619042773746982912

The US game plan appears to be to force countries like Pakistan and Sri Lanka who are undergoing debt crises, to get loans from the IMF-denominated in US Dollars. This will increase demand for US dollars and hence allow the US to still keep interest rates high.
Why are they doing this?
The very role of the US dollar as the reserve currency is at stake.

China on the other hand is more than happy to offload some of its US dollars...in return for hard assets like infrastructure deals as part of BRI and commodities. This is where someone like Pompeo betrays his complete ignorance by trying to make sure that IMF loans wouldnt be able to be used to pay Chinese debt- like why the hell would China accept USD when it can get hard assets like the port of Hambantota or uranium mines as payment?
Click to expand...

It is potentially dangerous if China gets a port or mine instead, since these hard assets are located in other countries and hard to protect.
 
F

Feima

Junior Member
Registered Member
Chevalier said:
The US game plan appears to be to force countries like Pakistan and Sri Lanka who are undergoing debt crises, to get loans from the IMF-denominated in US Dollars. This will increase demand for US dollars and hence allow the US to still keep interest rates high.
Why are they doing this?
Click to expand...

It's not just to increase demand for USD. Such loans come with conditions: the borrowing government is required to dismantle protectionist measures for private industries and privatize state-owned businesses. "Global capital", which is to say, predatory Western capital, will then swoop in and buy these on the cheap. It's the modern way of colonial plundering.

The US even does this to its, ahem, allies. The UK's NHS is a big fat target for the US-UK FTA.
 
M

Minm

Junior Member
Registered Member
FairAndUnbiased said:
2011 China was not a 'poor country', even in GDP per capita nominal which was higher than most ASEAN members except Singapore and Malaysia. At worst, it was moderate. In terms of actual outcomes like literacy, lifespan, patents, fortune 500 companies, etc China already had indicators that at minimum were comparable or better than countries with even double the nominal GDP per capita at the time like Mexico and Turkey (which have since been overtaken) and at maximum were world leading.

Thailand with similar GDP per capita in 2011 did not have SMIC, Huawei, Tencent, Alibaba or any cultural influence outside Thailand.
Click to expand...
China was able to remove foreign spies because they could hack various American databases. But why aren't new spies replacing the old ones? Today China is much less corrupt than Iran and importantly, more ideologically secure. In Iran a large minority of the population fundamentally disagrees with the political system and it's easy to recruit traitors from these people. In China only a tiny minority wants another revolution.
 
You must log in or register to reply here.
Top