Trump made an error in judgment by publicly opposing and threatening the creation of the BRICS common currency. A clever strategy would be to encourage the formation of this chimera and watch it fail. If that's twisted then ignoring these political whims entirely would be a pragmatic course of action. It would've been a dead-on-arrival anyway. Nothing strengthens the USD more than the collapse of a competing currency regime.
Instead, our easily triggered champion of US nationalism took the bait and provided credibility to the idea. Why would Trump fiercely oppose it had it not been a serious threat, a BRICS sympathizer would reason. Furthermore, this act indirectly supports incumbent politicians whose currency plans have vaporized. They could now rally local support in case the power grip will loosen. Nothing unites people more behind the ruling elites than external threats.
Escalatory nationalism begets more nationalism elsewhere. I hope these lessons were learned in the 20th century.
Trump made an error in judgment by publicly opposing and threatening the creation of the BRICS common currency. A clever strategy would be to encourage the formation of this chimera and watch it fail. If that's twisted then ignoring these political whims entirely would be a pragmatic course of action. It would've been a dead-on-arrival anyway. Nothing strengthens the USD more than the collapse of a competing currency regime.
Instead, our easily triggered champion of US nationalism took the bait and provided credibility to the idea. Why would Trump fiercely oppose it had it not been a serious threat, a BRICS sympathizer would reason. Furthermore, this act indirectly supports incumbent politicians whose currency plans have vaporized. They could now rally local support in case the power grip will loosen. Nothing unites people more behind the ruling elites than external threats.
Escalatory nationalism begets more nationalism elsewhere. I hope these lessons were learned in the 20th century.
#AmericanImperialism
BY Random Thoughts
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Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. Official government accounts have also spread fake fact checks. An official Twitter account for the Russia diplomatic mission in Geneva shared a fake debunking video claiming without evidence that "Western and Ukrainian media are creating thousands of fake news on Russia every day." The video, which has amassed almost 30,000 views, offered a "how-to" spot misinformation. Telegram has become more interventionist over time, and has steadily increased its efforts to shut down these accounts. But this has also meant that the company has also engaged with lawmakers more generally, although it maintains that it doesn’t do so willingly. For instance, in September 2021, Telegram reportedly blocked a chat bot in support of (Putin critic) Alexei Navalny during Russia’s most recent parliamentary elections. Pavel Durov was quoted at the time saying that the company was obliged to follow a “legitimate” law of the land. He added that as Apple and Google both follow the law, to violate it would give both platforms a reason to boot the messenger from its stores. For tech stocks, “the main thing is yields,” Essaye said. "Like the bombing of the maternity ward in Mariupol," he said, "Even before it hits the news, you see the videos on the Telegram channels."
from hk
