6 ms·

For some people it's important to establish facts, rather than just shaping an understanding of the world using vibes.

• miguelazo 2y ago
  I think most people who follow these issues would not expect a ban like this to be effective. To think otherwise is extremely naive, not unlike the Biden administration folks who thought they could break the Russian economy with their sanctions and ended up doing quite the opposite, not to mention laying the groundwork for the US dollar to lose international reserve currency status.
  • Log_out_ 2y ago
    and what is the new reserve currency taking its place? euro? threatened in reliability by ...russian psyops. chinas yuan? not reliable.the rubble? the dollar will never dissappear as much as vatniks want that.. brics cant even stop fighting among its members
    • hulitu 2y ago
      > yuan? not reliable. Some say that the USD was "reliable" because it was the only used curency.
      • miguelazo 2y ago
        Exactly. Have you seen US debt to GDP ratio lately?
    • miguelazo 2y ago
      Hilarious. Do you think that there was an obvious replacement when previous international reserve currencies fell out of favor? >the dollar will never disappear Wow, you think highly indebted empires just go on forever, eh? You must have paid a lot of attention in history class!
      • MaxPock 2y ago
        "The Earth is littered with the ruins of empires that believed they were eternal." (Camille Paglia)