Not really. They even mention in the article that they did this twice last year. It’s literally what they do year in and year out. It would almost be stranger if they didn’t do it. However, this is all testing waters. Every year they do it to see how the international community responds. It lets them know how much power they have in negotiations.

Now what you just pointed out. The lack of any real response this time may very well encourage them to do more. But as of right now, it’s business as usual. I mean unless you think shooting rockets this time instead of ballistics is an escalation.

You are right in a sense. For example, Russia literally forced that situation. However, there simply isn’t enough RMB globally for it to work. China would have to take on a lot more debt for that amount to be possible. China can choose not to as they’ve consistently shown. However, if globally the world decides in unison to ignore this, they’ll deflate the Chinese yuan considerably forcing China to take on the debt. In many ways that’s already happening to China’s chagrin. However, I believe since China really doesn’t want this they’ll figure out a way to enforce currency swaps. I could be wrong obviously, but that’s clearly the direction China wants to go.

That’s what I’m saying, yes.

And there you see what I’m saying. Let’s ask this a different way, are any of those analysts living in a nation where currency swaps are common? It’s like people with horse drawn carriages saying cars will never take off because the roads are made for horses. That happened, it seems insane now but many people at the time believed horses would be forever.

*Edit. This is also how the Russian economy didn’t collapse and we couldn’t understand why. We just kept putting more sanctions on to increasing uselessness.

Because what you are saying ignores everything BRICS is doing. All BRICS nations are copying China’s currency swaps. None of them are using the RMB as a reserve currency, except for Russia. If 120 nations can do it in unison, why can’t Europe fall in line as well?

Sure, because that’s the western answer to everything. The west created this system, therefore we can’t possibly see any other way of things working. China, developed their own way. Instead of trying to understand it, the Westerners default into the RMB must become the reserve currency, because the west is too ignorant to understand what China has created.

*Edit. Thus China is winning. The west doesn’t even try to understand how they are winning, instead they use their systems to try to understand China. So all they see is what China wants them to see. Like China wants you to think their economy is weak and the west falls for it. It’s stunningly ignorant.

They don’t hate each other. It’s far more complicated than that and is the reason this detente might work. Koreans hate the Japanese because of WW2. The Japanese view the Koreans as slaves, worse because of the refugees from the war, they’re treated like slaves in Japan. You want to talk about human rights abuses, Japan has that on lock. So the Koreans continue to hate Japan.

Japan and Korea fear China. And rightfully so. China protects N. Korea. Which is an US enemy, so if S.Korea wants USA protection, they too have to hate N.Korea. But this means they have to fear China. Japan fears China because they did the same thing to China in WW2, and fear a Chinese reprisal, though they don’t enslave the Chinese in Japan.

So, for the detente to work. China needs to convince S.Korea that under their protection, N.Korea won’t attack. And Japan just has to fall in line and understand Korea is on equal footing with Japan. I’m not saying it’s easy, but if USA really does remove itself, then these pieces have to fall in line.

I’d bet a trillion dollars that the trade won’t shift to the RMB. The main reason is simple, that’s not what China wants. I’m so tired of western analysts not understanding a god damn thing about what China is doing. They see the US wanting the dollar to be the main trading currency so they assume because USA wants it, China HAS TO WANT IT BECAUSE CHINA HAS TO OPERATE EXACTLY THE SAME WAY. It’s so ignorant it makes me puke. It’s the same thing with them droning on and on about war with Taiwan.

How about we take a I dunno a god damn minute to see how China is changing trade? Currency swaps. I’m not going to delve deep into how it works, research it if you’re curious. But basically the countries exchange like a trillion dollars and every time a transaction occurs, money is pulled out of that pool. The reason China loves this is because essentially no monetary transaction has occurred. If you were ever wondering how China keeps growing as their trades on swift go down, this is how. The best part is nothing is transparent about any of this. China can show or hide what ever the fuck they want. Which leads directly to articles about China lying about their economy. Which they are, as the IMF discovered China is hiding trillions and trillions of currency from these exchanges. This isn’t me saying this, this is the god damn western IMF saying this.

So then, if this is working for China, someone needs to explain why the fuck China would even want to be the main trading currency.

He’s been doing it for decades now. Hell here’s an article from 2023.

https://www.newsweek.com/xi-jinping-dinner-us-ceo-elon-musk-apec-1844614

I knew he was a Chinese agent. America has already lost. I just wonder what China will do with the keys to the world now that America has literally just gave it to them without a fight.

I won’t say that won’t happen. But interestingly, China isn’t trying to make their currency a hegemonic currency. Instead, they’ve been promoting currency swaps that use both local currencies. And it’s picking up speed. All the BRICS nations are making currency swap agreements amongst each other. As I said in another post, I have no idea if this can go global. But it’s something I hope we can all work towards. Any currency hegemon is bad for the world. The strangest thing is it appears China agrees, regardless of what western propaganda says about China.

Not sure it will change. The global south and more importantly BRICS has created a system where local currencies are used. It’s basically a currency swap. If this can be extended to all nations there won’t be a currency hegemon at all. Of course while it’s been working well for the countries that are doing it, it’s hard to say what the effects would be on a global scale. Still, we should work towards it. Note I am not talking about the BRICS currency, which is not real. Not even sure why it gets brought up at all.

*Edit. This is an article about the expansion of China’s currency swap deals.

https://watcher.guru/news/brics-push-currency-swap-with-29-countries-worth-550-billion

Note that while this is about China, all BRICS nations are making currency swap deals with each other. It’s just easier to find articles about China doing this because China is so massive.

I mean depends on how you look at it. In many ways, the world NEEDS to get off it’s dollar addiction. Having a hegemonic currency isn’t great for humanity as a whole. And Trump is doing the very best I’ve ever seen at helping the world cure itself of this problem. Not great for USA, but an important step for how geopolitics will work moving forward. Unless you meant doing everything wrong for Americans, then yes, Trump is awful.

Not quite? China already has 1, the type 003. Which while gas powered is able to carry a similar compliment as the Nimitz class and more than the French Charles de Gaulle.

Your also ignoring that China has 2 types of Amphibious Assault ships as well, the type 075 and 076. In terms of pure numbers, if you removed all of the US carriers, China will have a similar number of aircraft in their navy. The quality and abilities of these aircraft would be wildly in USA’s favor, but that’s not what you said.

You are right, USA being bad does not make China good. All this shows is USA was always bad. It’s just mask off now. Every nation should be looking to independently secure their networks now. No one can be trusted. But if we are honest, it was always this way, the world just got complacent.

I didn’t know how to respond at the time to your statement. Because while I agree, the world doesn’t seem to work that way. But now, it’s fucking over. We’re cutting the planet into slaves and 3 empires.

https://youtu.be/Iv4N2uCZGhk

God I hope my people make it out of this in one piece.

Fuck, fuck, fuck, fuck, fuck. Your prediction is coming true.

https://youtu.be/Iv4N2uCZGhk

Fuck Trump, fuck America, fuck everything that is happening right now. Fuck

Sure. So we go by votes? What about Hawaii, Barcelona, Ireland, I could go on. Those are all nations that have been swallowed to history where western nations are OK with the oppression of people. What makes the difference, what is the deciding factor? I dunno, but any way you judge it, every nation is doing this today.

Why do you think Trump is asking for Greenland? They’re been trying to be independent for some time now the the Dutch won’t let them. Obviously they don’t want to be swallowed by USA, but they’re so small they might not have a choice. So no maps here, what are we basing it on? How does it work?

I’m just talking about very bad and less very bad. But yes, regardless now the outcome is negative.

It’s far more than historical reasons, Taiwan is complicated at best. I’m not going to claim I know who’s right or wrong or literally anything on the topic. All I can say is my personal opinion and on that I hope Taiwan will find a way to keep it’s independence regardless of their official standing in the world.

On the chip act. Yes, I agree, very much so…

Yeah, but we have to hope as a species that’s what China decides. Looking at their history, that’s actually likely. But we’re basically gambling on a sane decision from the CCP. That’s not a place I want to be. Though in fairness, I think most people here would agree with me.