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Just like US companies are beholden to national security letters that can compel them to spy on non-US persons who may be users of their product?
by solaarphunk 2y ago
Just like US companies are beholden to national security letters that can compel them to spy on non-US persons who may be users of their product?
- Dylan16807 2y agoIf other countries ban US websites for specifically that reason, I applaud them. Especially if they do it without being hypocritical.
- est 2y agoChina will not only ban American companies or services next, Xi will probably ban the US dollar.
- seanmcdirmid 2y agoThat won’t happen. China would be more angry if the USA all of a sudden didn’t let them participate in treasury auctions.
- est 2y agoYou know there's a rumor saying Trump/Xi would trade Taiwan with US treasury bonds.
- wordofx 2y agoThe funny thing is. China can talk about removing the U.S. dollar and trade when Yen. But they need a stable currency to convert between and so conversion is still done with the U.S. dollar. The U.S. dollar won’t be removed from trade in our life time.
- seanmcdirmid 2y agoChina doesn’t let the RMB float freely, so trade still happens in dollars. Also, the American government buys a lot of treasuries, so it’s easy to save a few billion quickly when you need to, which isn’t really supported by any other currency…saving money by lending it to the USG conversely prevents it from re-entering your own economy and stoking inflation (China isn’t the only country to use the USA like that, Japan buys more treasuries than China usually).
- arcticbull 2y agoNo, not like that.
- sschueller 2y agoYes, it's exactly like that.
- OWMYT 2y agoAre you suggesting that only a "perfect" government gets to counter the Chinese government's attacks?