We exploit Africa. China has begun to take up Western marketshare in Africa because they’re less exploitative and offer a better deal.
/u/outwrangle before everything went to shit in 2020, /u/emma_lazarus for a while after that, now I’m all queermunist!
We exploit Africa. China has begun to take up Western marketshare in Africa because they’re less exploitative and offer a better deal.
It’s worse. For example, this war has been the deadliest for journalists in modern history, and by proportion of people killed maybe even the deadliest ever. They don’t just target them in their homes, they target the families of journalists too. This is something new.
🙄
Gospel is an AI that Israel uses to select targets.
Israel’s “Gospel” has shown us where this leads.
(it leads to civilian casualties and war crimes)
That’s all we’re worth, huh?
I must be out of my depth! Yuan is traded for dollars every day and there’s a current scheme where it’s traded/invested in the CFETS basket of 24 national currencies they do business with, so I can’t make heads-or-tails of what you’re talking about.
China doesn’t even let you take Yuan out of the country in most cases, even if someone wanted to take it in payment.
Just two weeks ago China and Saudi Arabia signed a ¥50 billion currency swap agreement lol
The US doesn’t want China replacing the US in other countries, though, because that still means less business for the US.
I don’t think this is going to play out the same way it did with the Soviets. The Sino-Soviet split happened specifically because China could see what the United States was doing and how it was going to win the Cold War, so they played the long game and made themselves an essential part of the global economy. I guess it all comes down to whether or not China is ready for this - and it looks like they are.
🙄 All the US is doing is bifurcating the global economy. China will just do business elsewhere.
… I somehow glossed over that lol
Not bad!
Neat.
How heavy are they?
wtf I love Tesla now
A comforting lie.
The IMF loots countries that take loans and in contrast China forgives loans. The reason Africa is aligning more with China is because they’re getting a better deal. If they really were just the same as the West then China wouldn’t be winning the continent.