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0 sats \ 75 replies \ @Cje95 19 Feb \ parent \ on: Milei's promotion of shitcoins is turning into a real scandal Politics_And_Law
Lmao its called picking your battles. We have other much more urgent issues and idk going after people who actually break the law. No laws were broken so why flip out?
The rest of the world is melting down that for once we are finally taking a stand with things and we are getting things done. Europe has had plenty of time in the last 70 years to build up and protect itself and it is wild that they have failed to do so. Their governments collapse like its the new cool thing on the block to do so excuse me if I could not care less about what one population or foreign government says when they cannot even govern within their borders.
Its called priorities and for to long Europe has put their citizens on the back burner.
You are laughing about the blatant debasement, decline and corruption of your own democracy and the global rules based international order that the USA once led.
The joke is on you.
Trump is doing deals with war criminal Putin and abandoning Europe and all liberal democracies upon which US authority was once built.
Putin is only able to attack Ukraine because he has the support of China and it is buying his gas exports and enabling Russian trade payments via the Chinese shadow banking system outside of SWIFT.
There is and will be a price to pay- this opens up the opportunity for China to advance from its victory in trade to leadership in governance.
Chinas alternative trade payments network now supports N.Korea, Iran and Russia and more are joining BRICS and the Chinese alternative trade payments network which US institutions do not control or have any power over.
Without USD hegemony via SWIFT USA looses USD seigniorage and interest income- USA is then swiftly insolvent.
China can then take Taiwan with little or no resistance.
Europe will fall to China because China has the economic strength while USA will become isolated and even more despotic- keep laughing as you taste the bitter fruits of the corruption of the principles your wealth and power were once built upon.
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Chinas economy is 10X larger than Russia and Russia is now dependent and effectively a tribute state to China.
Since India is dependent upon Russia for military technology so to some extent is India.
China has won the trade war and now is developing the institutional and protocols frame work of empire= the tertiary layers of Belt and Road.
USA under conman Trump and sidekick Putin is ceding to Chinas new empire.
Russia imports and exports are now settled by Chinas new trade payments settlement protocol based in Hong Kong.
The USA and its exceptionalists are in denial - its all but game over for the rotten and corrupt Empire USA and its rentseeking clingons.
Get used to subjugation and subservience just like you once dished out to others so you could live beyond your means at their expense.
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Also since you don’t like reading into things here is a video to help you with economy of scale ideas :)
OMG I CANNOT BELIEVE YOU YOU SILLY LIL CLOWN YOU CITED A CRS REPORT THAT DOES THE OPPOSITE OF WHAT YOU SAY!
Damn I thought American education had gone downhill but you sir are honest to God changing my mind and promoting American exceptionalism with these terrible terrible takes that do not stand up to the facts lmfao
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Hmm you mean the same belt and road that Panama tore up? Not to mention countries in Africa and Latin America are taking a second look. Many have moved away and China has no recourse. What are they going to do send troops to the America's or to Africa? They dont have bases to supply them.
Sure they could try and send more Russian's to Africa but considering how bad they have been getting smoked and that they lost Syria which was a necessity to maintain supplies its all falling apart fam.
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You are dreaming.
Deal with the real world.
https://en.wikipedia.org/wiki/China_Development_Bank
China today finances and builds the majority of new global infrastructure because it has the trade surpluses to fund it and because it has the productive economy to support it.
USA is a spent force left clinging to the vestiges of empire and led by a crooked and convicted criminal property developer.
China is led by a poliburo composed of 80% trained engineers.
They are building the global infrastructure of a new empire- one that enriches the long neglected and subjugated 3rd world nations who are now embracing Chinese development projects.
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Oh Jesus Christ you did not just use Wiki as a source omg I am dying right now
Lets also once again remind you I use multiple facts and multifaceted approach. You with all the time it took not only failed to counter it as your sources are 9 months ago in the case of the pipeline already has an issue with Mongolia not clearing it but again please dont let facts stop you.
Facts tend to hurt feelings like they seem to with you. For what its worth the US import/export bank, the IMF, and the WB kinda dismantle your whole stick.
Feel free to try again but simple google search comes up with CRS reports throw cold water on the threat of this second pipeline.
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Guys what are you arguing about? It sounds like you can both just agree that all the overlords suck. It doesn't matter what geography elected them, what culture they champion, what their agenda is or how far their sloppy nutsacks hang out of their hotpants.
They do not represent you and will just leech off your productivity and then you die. Unless you filter that noise, do w/e/t/f you wanna do. Then at least you got to do that and then you die. Imma zap you both now plz kiss make up and share 🍿
Also see #882879
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On my end I work in Congress so I do my best tackling sources from across the spectrum to try to best prep Members and do my work on legislation esp. in the Energy area. While our system is far from perfect in the US we take way to much for granted because are an isolated island at the end of the day (no offense Mexico and Canada).
Having a job that requires me to sift through allllll the BS from Fox News to MSNBC to Zero Hedge to X and CNN I have to say I think I have gotten quiet good at what I say and why I present them as such. At the end of the day it is my job after all. I forgot who it was but there was someone earlier who said I was a failed Republican leech because I wasnt MAGA enough and I wish that person would see this lol
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The BS is insane, I agree with that. Much BS comes from official sources too - governments have had millennia to perfect the only real institutional foundation: gaslighting. But it's all we got - so I don't envy your job. Gotta be hard to sift through all the bad takes.
Our own weaknesses are the hardest to see though, but I'm sure that when the Trump mania (=rating) cools down a bit, like it does every presidential cycle no matter what color, congress will be much more confident to reflect and fight a bit. That will be a much more interesting, but perhaps feeling as if less exciting, time.
solomonsatoshi isn't really worth arguing with....
I disagree though thank you for the kind words and sats.
Yes I agree governments often do harm but citizens also invite/allow them to.
People more or less get the government they deserve ~ collectively speaking.
And people need government- without it and rule of law there is no security or chance of prosperity.
The CCP knows it can only hold power as long as it delivers ongoing economic results to the majority of Chinese citizens- they operate on a version of the Heavens Mandate.
In contrast the wests liberal 'democracies' are now a sad and corrupted shadow of democracy- they are owned by the Jewish bankers and the corporate sponsors who support their absurd electoral antics. Trump is taking cronyism to a new level and the majority of US citizens will not benefit.
Finally the delusion that a Libertarian ideology can deliver us from the hypocrisy and conflict that is inevitable with government is never going to be a solution.
Governments flawed and corrupt as they often are, and as citizens allow them to be are nevertheless fundamental to the wealth (or poverty) of nations.
Without strong and principled government no strong economy has ever emerged.
Governments are fundamental to the wealth of nations.
The US government is a corrupt one and is not serving its citizens because it faces no real consequences if it doesn't...unlike the CCP which would risk a bloody fate if it failed to deliver decent results.
Quid pro quo zaps btw.
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I think both China and the US have been in decline for a while now - at least in terms of social coherence but likely economically too - numbers get pimped to buy confidence and look tough but they're not always real. Both can get over it but it'll be done by the willpower of the people, not the supreme leaders - no matter how authoritarian they make their "rule". The leaders can make it easier, or harder. If they make it too hard it will not end well, if they make it too easy it will not end well either.
It doesn't matter where you live though, you'll always be subject to the extortion of the state. I've lived in multiple democracies and under multiple authoritarian regimes and the one thing that always has been true for me personally is that the less of your energy you have to spend on compliance, the more productive you can be. That's why I think the governments are mostly noise.
Since we are supposed to make up I wont prod further but surely you have witnessed or read about the Chinese protests over housing, the extreme level of unemployment in the youth or how the Chinese government ordered the Little Red Book app (the TikTok clone) to separate the Chinese mainland users from the international because of western ideas.
Even Chinese military might is starting to struggle due to the rampant corruption that mirrors the Russian military. The Chinese Navy is often cited as a huge threat to the US but there is a huge difference is putting a machine gun on a fishing boat and calling it a navy vessel and having an actual warship. Not to mention China, last time I checked, was still trying to get the nuclear sub it launched and immediately sunk off the river bed.....
Is the US government perfect oh hell no but what you are saying is wild. You need to look into US history if you want to truly find cronyism... I am not sure Trump is in the top 10 Presidents for it.
Blaming Jews is a straight up sick and disgusting thing. I mean I have tried to figure out how to address that because I mean seriously your at the step before telling me the Holocaust did not happen. If you are going to blame money where is the very deep pockets of the Arab oil money? Or the old US money that is definitely not Jewish? Look at the richest people in the world and those corporations you mean to tell me they are all controlled by Jewish people?
I dont know @optimism how do you rationalize these thoughts and comments about a group of people who have been slaughtered throughout their existence?
So honest to God question what do you think happened during the Cold War? Do you think the Soviets used our banking system? Not at all and so when the US and Europe started sanctioning guess what they did they went right back to the old system that already was in place with India and China.
Now mind you China has not only started to distance and refuse payment in the ruble but has also begun limiting oil imports. Do you know where the oil actually goes? It goes to India that is the largest importer of cheap Russian crude. You arent even going after the correct country as India has continued to buy Russian arms as well so really honestly ya gotta have the updated data.
BRICS for one simple reason wont work when it comes to creating a single currency and it is the reason that the US dollar has maintained its dominance. A single country has to be in charge and if you think India and China who get into border fights are going to let the other countrol or Iran and the other Gulf Countries you are out of your mind.
Dollar dominace has actually only gained steam with crypto adoption because of USDC and USDT. Doesnt matter who or what country they still trade in that sweet sweet USD.
China wants Taiwan for the ASML chip machines. Once it came out that those things have dead man switches on them China has dramatically backed off because Taiwan will destroy everything that China needs. China cannot develop the 4 nm chips they are not even close to it yet they are two generations behind with tech they have developed internally.
China's economy is in deep deep trouble they havent bounced back at all like anyone thought and the city and province government are drowning in debt. China keeps doing purges of their leadership to stop the graft and even if they do the damage is already done. Only once country in the world is home to "modern" ghost cities and it isnt anywhere else but China. Throw in how they are facing a population cliff just like Russia and hell wait them out another 10-20 years their birthrate will take care of the issue.
Everything you are saying is what everyone, myself included, thought at the beginning of the conflict. Now we are seeing how wrong we all were.
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