The implications of reserve currency change have nothing to do with valuation. Valuation against Pegged reserve currency only helps an exporter keep their products sometimes artificially cheaper than it's competitors.
That is not the case when reserve status changes.
The world is full of U.S...
You'd think that the gravity of situation would give Pakistanis time to pause and reflect... it didn't!
Pakistan stands as the only soft state that is also a nuclear power.
It was by all intents and purposes just nuked!!!
No one knew if that missile was armed or unarmed... neither should one...
It may come as a shock to many...
"Pakistan is a soft state by design"!!!...
Let that sink in... It makes for easier manipulation... circus keeps going and diversion/distraction becomes easy. Faces are changed or replaced as needed. People form new memories, new loyalties... the representation...
While Europe combines it's market and currency in one Eurozone... other struggling or up-and-coming do not... for any number of reasons. However, if they could or had done so... would have saved their people from a lot of grief. Instead they allow themselves to be coerced and cajoled into doing...
I'm afraid that Indian response or lack of it has made it worse...
A maneuvering bogey that was not neutered along the path by it's stewards until it fizzled out... without better understanding or explanation only creates more doubts, more questions.
India and Pakistan have not invested in...
One word... Escalation!
Russians are hedging.
They are expecting this to escalate.
The assumption is a false flag or something hatched in one of the bordering NATO states, which triggers article 5.
If it doesn't happen, it doesn't matter!
Keep your eyes taped open...
This is the stuff planners and analysts love. A test gone awry could be an explanation but with no NOTAM and civilian aviation in air makes no sense...
in fact makes it reckless in the least and rogue at worst.
That being said, for Pakistan it should be important, retrospectively...
to...
What an analogy. Afghanistan was, guess what, Always Afghanistan!
Now people want to emulate it?
Guess what Ukraine... your cities may end up looking like Iraq or Afghanistan but Russia may not leave.
Afghans had one big thing working for them... the foreigners from far away lands will return...
Imagine a country even willing to contemplate cooperation when they were subject of regime change? When their leaders are, were or will be on hit list... when their sitting Generals are assassinated, with no remorse, overtly and without even a pretense of surreptitiousness.
How then?
That...
Did you seriously equate Putin's Russia and Joker's Ukraine as peer competitors? No wonder your grasp over reality is so weak.
The position of two is enshrined in the kind of conventions both are a part off... Ukraine is and was never an equal.
It is perhaps people like you who the joker...
Wait are you justifying Russian action or denying it? What is your locus standi? If Putin didn't offer Crimea, does it mean the joker had a bargaining chip(in NATO)? If asking for NATO membership was the right thing then the resultant war and it's destruction must squarely be on the joker! No...
The resistance is futile! Damned if you do damned if you don't!!!
Someone sane in Ukraine must come to the senses. Their president played a game of chicken with Russia, egged on by the west... no where to be seen except needling Russia to the last Ukrainian.
Hollowness stares us back...
Three...
I don't know why the deflection of that other person is still playing out till now on this thread.
He had other objectives anyway ...
Just check one word "Mamluk"
It's meaning and impact!
Slaves ruled Muslims!
Mahmud Ghaznavi, the son of slave... his grandfather The King...!
Do find out...
Stop with the fantasies already, willya?
Enough of pretense and projection... What is modern humanist movement as opposed to it's preceding, former or contemporary humanist? This is Russia-Ukraine war thread... and you're peddling another ruse, smoke and mirrors, another utopia...
You didn't get it... a true zealot never will.
Anyways, I said it is a European(Western in general) Civil War ... and it is not over! Not by a long shot!
Eventhough, perhaps for the first time ever the numbers are waning. But so is the primacy... the war to end all wars brought many more...
Thus far, the world is an unwilling participant and reluctant but obliged spectator in what is essentially a European Civil War!
These wars and their games of one upmanship, murder and pillage brought about the conquests for nothing more than just resources and control to bring about the...
I fear that lines are getting blurred... while Russia is using it's coercive power on Ukraine for a certain end... the combined west is using similar coercive power on Russia.
At what point does that cross the line for Russia and the game changes from it having anything to do about the...
A few observations...
* Russia has shown it's hand and taken a clean break...
* It is now firmly in a Chinese led camp...
* This War was coming since the overthrow of Poroshenko...
* Ukrainian bluster especially from the current joker made it worse...
* Russian campaign is very restrained, at...
You have identified the problems correctly however, this is how geopolitics works. Ukraine was not able to protect itself... the fact that Russia has been able to obliterate Ukrainian defenses with such disdain shows one thing... It(Russia) was in fact sanctioning or permitting Ukrainian...