The Global South is decoupling and derisking from the
US$, which is the bane of all global problems. This is the real elephant
in the room that was never seriously looked into or realised until now.
The USA had weaponised the US$ hegemony to bring harm to many countries
using sanctions and seizure of reserves that caused misery and hunger
for the people of those countries they targeted.
The USA had
misused the massive privilege of the US$ hegemony to print unlimited
amounts of money to support military bases and supporting logistics,
wars, subterfuge, instigation of unrest by funding opposition groups,
terrorism and NGOs to destablise countries. The whole world now starting
to realise how dangerous it is for them, after watching the seizure of
the Russian Central Bank Assets over the Ukraine War. They are asking -
Who is next?
What threat does China pose to the rest of the world
as a 'Factory of the World' that it needed to be decoupled or derisked?
In fact China is providing the world at large with cheaper products
that the USA and the West cannot possibly compete with. China is also
providing a lucrative market for businesses to sell and set up bases to
manufacture cheaper products leveraging on its skilled workers, supply
chains and infrastructure. The USA is not able to compete against China
is those areas. That is the real reason why the decoupling and derisking
hubris is invented to fool the blind. And the irony is that the
Europeans, supposed to be the smartest and best educated, are the
easiest to fool. How could the Global South not be fooled is a good
question?
The narrative that China cannot be allowed to progress
too fast is also another piece of fabricated crap. The real reason is
that China is not allowed to overtake the USA in every field. But China
is doing exactly what the USA and the EU feared. China's is now
bypassing the USA in terms of research papers, patents and being self
sufficient in many areas. Chips is the only sector that China needs to
catch up and it is doing exactly that as a top priority.
In the
recent past, depriving China of access to important developments in
technology and engineering was the modus operandi, all designed to
prevent China from rising. Not to mention that the Anglo Saxon Whites
have already employed various underhand moves like using religion,
drugging, attempting to tear up China into pieces, resorting to trade
wars and even biological weapons, on top of the devious scheme being
fabricated to nuke China on many occasions. Now trying decoupling and
derisking to contain China and using the Chip sanctions to add more
ammunition. China will overcome them. It is just a matter of time.
The
USA and the West have seen the capabilities of China - in space
technology and exploration, jet engine development, super computers,
high speed trains, electric vehicles, communication equipment, AI and
infrastructure developments. That China could now compete with the best
after being left out in the cold for decades is testimony to the
capabilities of the Chinese people.
Anonymous
4 comments:
USD losing position to RMB:
Indian refiners have started using Chinese yuan instead of US dollars to pay for some oil imports from Russia, Reuters reported on Monday, citing people with direct knowledge of the matter.
According to the sources, India’s biggest buyer of Russian crude, Indian Oil Corp, became the first state refiner to pay for some Russian purchases in yuan last month. At least two of India’s three private refiners are also paying for some Russian imports in yuan, two other sources claimed.
“Some refiners are paying in other currencies like yuan if banks are not willing to settle trade in dollars,” an unnamed Indian government source was quoted as saying.
Link to article:
https://www.rt.com/india/579137-india-russian-oil-chinese-yuan/
The Anglo Saxon British & later American empire thrives due to looting, plunder & theft of the Global South. Nations were threatened, subjugated, conquered.
Divide & conquer the locals. Brainwashing the allied natives to "work" for them & destroy those against them. The Brits were especially good at it. See how the Dutch, French, Belgians screw it up by going ultimate brutal with the locals.
Today, the American empire thrives on war to do the looting, plunder & theft. As they dont intend to stay long, the locals are disregarded, not even thought as humans. No amount of Hollywood propaganda can whitewash the atrocities they commit.
Thanks to cellphones & internet, the entire world can see the Anglo Saxons for who they are. Western M$M propaganda only works on those that believes in western hegemony. The world is no longer stupid & brainwashed by M$M propaganda.
https://youtu.be/fBuXhm9QALA
India's Embassy in San Francisco burned.
What's a beastful sight!
Legends of the white snake showed that the white snake chosed a green snake as buddies. They avoided closing a black snake at all cost. The white USA would paid dearly to chose a black cobra as buddies. God bless USA.
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