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5 sats \ 5 replies \ @Solomonsatoshi 21h \ on: China 'ready for war' w/ America and Sec Hegseth Comments Evaluated Politics_And_Law
China has won the trade war.
Trumps reactionary tariffs admit this.
The war is almost certain to be primarily an economic one even if Iran and Russia are already Chinese proxies waging military campaigns against the US and its wider interests.
The war is for control of the global financial system.
China is building its alternative to SWIFT/USD trade payments.
mBridge has been built to enable digital trade payments between BRICS and other nations where they have already implemented or are about to implement domestic CBDC protocols.
China, India, Brazil and Thailand already have functioning domestic digital payments protocols operated via their central banks.
Saudi Arabia, UAE, Russia, Iran and others are near implementation of domestic CBDC payments capability.
Chinas mBridge proposes the trade payments protocol for the 21st century and if implemented it displaces USD/SWIFT.
At that point any speculation over the relative potency of US military force becomes more or less academic as the US empire is today utterly dependent upon its USD/SWIFT based financial monetary system hegemony to fund its military.
Today USA spends more paying rent on its debt than it does on its military.
Again Trumps tariffs war sought to address this by boosting government revenue and decreasing US consumption of imports. But Trumps desperate strategy failed and USTs faced imminent collapse.
China has won the trade war and its assumption of dominance over trade payments and ultimately over time global financial systems is in progress.
The USA must first address its imminent debt UST threat of insolvency and consequent loss of USD/SWIFT hegemony before anything else...because loss of USD hegemony triggers loss of all subsequent military and strategic abilities.
I was wondering when you would show up and tell me the US was falling apart. BRICS is cool and all but what is the one common currency they are going to use? China devalues the Yen in front of people and if you think Iran and Saudi will agree to use each others your crazy. That is why the USD is sticking around there isnt a replacement. Sure throw it up on a blockchain is cool but it doesnt matter when the countries wont accept the others and do not want to use someone elses.
Also I think Iraq, Iran, Syria, Russia, etc. would beg to differ on US military arms. Its all fun and games till a hellfire or ATACMS lands on your head.
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Russia is now dependent upon China to arrange and settle its oil and gas trade- China now buys most of Russias oil and gas output. In return China fascilitates trade payments for Russia and supplies manufactured goods which sustain the Russian economy.
Likewise Iran.
China has demonstrated the ability to provision such essential trade payments even where the respondent nation has been sanctioned by the US.
China as a member of the IMF reserve currency board is both inside the USD/SWIFT system and essential to its viability, and building its own new digital alternative.
mBridge.
The Yuan is more stable in value than the USD.
USD denominated trade only makes sense as long as USD/SWIFT has a stranglehold on trade payments- and that stranglehold is facing an imminent challenge namely- mBridge.
India and Russia remain closely aligned militarily and economically.
They both trade with China.
Tensions between nations willnot always prevent them from maximising their trade position advantage and the strength of the Chinese economy is now such that all nations must trade with them or suffer significant economic disadvantage.
The mBridge protocol while led by China enables bilateral trade payments- so on it India and Russia could make payments denominated in their respective currencies, or if they chose Yuan...if it is more stable in value, which it is.
So energy exports from Russia and Iran to China are already denominated in Yuan-simply because both Russia and Iran need the Chinese manufactured goods those Yuan access..and becasue China can and does enable the trade payments.
Saudi Arabia joining both BRICS and mBridge signals they also have an interest in having access to an alternative to the USD/SWIFT, sanctions prone hegemony.
The US/USD/SWIFT hegemony is facing imminent collapse.
Such a collapse would make most assumed military response options become swiftly redundant.
Trumps actions acknowledge this reality even if some of his public facing his underlings and supporters are not ready to confront it...the US public however deserves to know the truth as and when it is ready to.
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Russia is now dependent upon China to arrange and settle its oil and gas trade- China now buys most of Russias oil and gas output. In return China fascilitates trade payments for Russia and supplies manufactured goods which sustain the Russian economy.
India would like a word.
The Yuan is more stable in value than the USD.
Kids this is a textbook example of why we stay away from crack.... this makes zero since as China literally has two Yuan currencies
So energy exports from Russia and Iran to China are already denominated in Yuan-simply because both Russia and Iran need the Chinese manufactured goods those Yuan access.
Ah yes this is why both Russia and Iran are just thriving right?!?! Drowning in goods? I mean butter is only $12 a stick in Russia but thats 110% a thriving economy
imminent collapse.
When I die and it still hasnt collapsed I will def think back to this
I am not sure what you are smoking.... but damn it must be some wild shit.
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You are not making a lot of sense and none of the strawmen you construct are actually credible let alone capable of refuting the points I have made.
India is a small economy in terms of goods exported and imported...ranked about 25th.
It contributes about 1.5% to the total world trade in manufactured goods and commodities.
Russia is not much larger at about 2%.
See this graph to see how China is now significantly dominates global trade.
China is at over 15% of global trade (twice the size of US and Germany who are numbers 2 and three) and by far the largest single trading nation- as such China can now provision most of the manufactured goods required by any nation and can buy their commodities such as oil.
The managed value of the Yuan gives it stability and utility for trade payments.
It is managed just as the USD was once managed to give a stable price until the USD went full fiat, fully detached from gold, and began its steady and rapid debasement and decline.
India and Russia have long had close economic ties and the fact that Russia is now dependent upon China for trade payments and sale of its oil and gas exports has not harmed India and Russia mutual trade.
Russia is now providing China with nuclear submarine technology and other technologies improving Chinas military capabilities.
Russia and Iran economies may not be thriving but they are still functioning and Putin is not cowed by Trumps (empty) threats of further sanctions if he does not cease the war in Ukraine.
Putin knows Trump is desperate to get Russia back under the USD/SWIFT trade payments hegemony because the ongoing demonstration that a client state of China can now not just survive, but continue to wage war against Ukraine and its western backers despite US/SWIFT sanctions is a demonstration that signals to other nations that dependency upon USA is no longer the only option open to them.
China now provisions a comprehensive full service alternative for trade, trade payments enabling significant economic and military capabilities.
Russia and Irans attacks on US associates in the middle east and Europe are funded by Chinas purchase of their energy exports.
This costs US significantly while profiting China economically, strategically and symbolically.
China is reverse engineering the Opium Wars, this time against the west.
If mBridge becomes fully and openly operational and the Saudis join, then the petrodollar and US hegemony is all over.
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You must be a comedian cause honestly it is soooooo funny what you say and how you bend and twist a source or two into your favor. It’s so disconnected from reality I mean honestly wtf do you smoke cause that is some WILD shit.
China innovates what exactly? TikTok? And even that was Music.ly a US company Bytedance bought 😂 China itself has not innovated and manufacturing is leaving. 18-35 year olds have a 25% unemployment rate. Why do people never see homeless in China? Oh because they arrest them and send them off to rural areas and drop them off.
You understand you are on a bitcoin and an individual rights place right? So you want a managed system but you also scream free market? Those don’t work bud.
China latest nuclear sub is currently at the bottom of the Yangtze River… Russia ln Nulcear subs… welp RIP the Kursk… so not exactly safe subs and they haven’t been pumping out nuclear subs recently… wonder why that might be?
Russia and Iran economies functioning is wild considering Russia is 100% on war footing and their mil bloggers have said they can’t end the war without a complete economic collapse. Iran is struggling with basic needs of its citizens so that’s just a moronic take.
Final though Trump isn’t trying to get Russia back onto SWIFT where the hell are you reading that 😂 get off of your Russian propaganda sites!
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