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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"We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." But Telegram says people want to keep their chat history when they get a new phone, and they like having a data backup that will sync their chats across multiple devices. And that is why they let people choose whether they want their messages to be encrypted or not. When not turned on, though, chats are stored on Telegram's services, which are scattered throughout the world. But it has "disclosed 0 bytes of user data to third parties, including governments," Telegram states on its website. He adds: "Telegram has become my primary news source." In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed. "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted.
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