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zephyreks@lemmy.mlM to World News@lemmy.ml · 1 year ago

EU unlikely to confiscate Russian central bank assets - officials

www.reuters.com

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EU unlikely to confiscate Russian central bank assets - officials

www.reuters.com

zephyreks@lemmy.mlM to World News@lemmy.ml · 1 year ago
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  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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    1 year ago

    Wait, wait, wait, you seriously think that China is less politically stable than the US? 😂😂😂😂

    • deft@lemmy.wtf
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      1 year ago

      Actually that was the one I didn’t because Xi has it pretty tied up.

      Ironically that’s why people wouldn’t also trust China. He will do what you’re all pointing at the US/EU doing to Russia far more because he has already, often.

      So again how is anyone better than the dollar?

      • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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        1 year ago

        That’s the most delusional thing I’ve ever read. Go look up world perception of China outside the western bubble, especially relative to perception of US. The dollar will be used by US and the states US managed to vassalize, everybody else will move on. It’s already happening, but people living in the belly of the beast still can’t see it.

        • deft@lemmy.wtf
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          1 year ago

          And I’m asking you who will they use?

          Because it won’t be the countries I named. China isn’t financially stable, India isn’t politically stable, Russia is lol.

          So who will they choose?

          • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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            1 year ago

            The fact that you think China isn’t financially stable simply illustrates your ignorance of the subject you’re attempting to debate here.

            However, the reality is that you don’t need to have a global reserve currency. Anybody who has any historical literacy would know this. Trade can be done in local currencies the way it is already being done increasingly.

            All that said, the reality is that yuan is being increasingly used for trade and even western media openly acknowledges this.

            • https://asia.nikkei.com/Business/Markets/Currencies/China-s-yuan-rises-to-4th-most-used-currency-in-global-settlements
            • https://finance.yahoo.com/news/chinese-yuan-gives-us-dollar-093000096.html
            • https://www.bloomberg.com/opinion/articles/2023-12-07/yuan-shows-some-muscle-increases-share-of-global-trade

            Maybe spend more time educating yourself instead of trolling here?

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