Religion and Ethics Forum

General Category => Politics & Current Affairs => Topic started by: Nearly Sane on August 18, 2020, 01:09:16 PM

Title: China and Russia ditch dollar in move toward 'financial alliance'
Post by: Nearly Sane on August 18, 2020, 01:09:16 PM: Interesting stuff

https://asia.nikkei.com/Politics/International-relations/China-and-Russia-ditch-dollar-in-move-toward-financial-alliance
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: jeremyp on August 18, 2020, 03:32:39 PM: Quote from: Nearly Sane on August 18, 2020, 01:09:16 PM
Interesting stuff

https://asia.nikkei.com/Politics/International-relations/China-and-Russia-ditch-dollar-in-move-toward-financial-alliance

It sends a political message, but it's not really that important. Russia's GDP is smaller than ours.
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: Owlswing on August 18, 2020, 03:36:16 PM: Quote from: Nearly Sane on August 18, 2020, 01:09:16 PM

Interesting stuff

https://asia.nikkei.com/Politics/International-relations/China-and-Russia-ditch-dollar-in-move-toward-financial-alliance

Does this really surprise anyone?
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: Nearly Sane on August 18, 2020, 04:13:01 PM: Quote from: jeremyp on August 18, 2020, 03:32:39 PM
It sends a political message, but it's not really that important. Russia's GDP is smaller than ours.
It's also about prepping for the possible removal of the dollar as the default currency by the US if the trade war between it and China escalates. If Trump wins this move will be accelerated.
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: jeremyp on August 19, 2020, 10:09:19 AM: Quote from: Nearly Sane on August 18, 2020, 04:13:01 PM
It's also about prepping for the possible removal of the dollar as the default currency by the US if the trade war between it and China escalates. If Trump wins this move will be accelerated.

Given the state of the USA and its trajectory if Trump wins again, is that a bad thing?
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: Nearly Sane on August 19, 2020, 10:19:26 AM: Quote from: jeremyp on August 19, 2020, 10:09:19 AM
Given the state of the USA and its trajectory if Trump wins again, is that a bad thing?
It's the sort of thing that makes me want to be part of a larger trading block, possibly one with its own currency.
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: Aruntraveller on August 19, 2020, 10:26:26 AM: Quote from: Nearly Sane on August 19, 2020, 10:19:26 AM
It's the sort of thing that makes me want to be part of a larger trading block, possibly one with its own currency.

FFS man get a grip. Where's your bulldog spirit?

What's wrong with sitting in a damp bunker with a candle for the next 30 years.

You've got no fucking backbone.

Wishy washy, liberal pinko who wants to be friends with Johnny foreigner. I despise you and your ilk. It's your sort that has turned this country into the hovel it is. Bomb the froggies and krauts and lets take over Europe like the great Imperial power we are.
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: jeremyp on August 19, 2020, 01:32:56 PM: Quote from: Nearly Sane on August 19, 2020, 10:19:26 AM
It's the sort of thing that makes me want to be part of a larger trading block, possibly one with its own currency.
Do you know of any nearby ones we could join?
Title: Re: China and Russia ditch dollar in move toward 'financial alliance'
Post by: Nearly Sane on August 19, 2020, 01:36:48 PM: Quote from: jeremyp on August 19, 2020, 01:32:56 PM
Do you know of any nearby ones we could join?
I've heard tell of some UE thing or something but not sure it's for the likes of us