US dollar hegemony causes economic woes

[8888888888888]

Russia the biggest Gas Supply in the world no longer want to use USD so a matter a time.

 

[Han Patriot]

Moving away from dollar then to what?

to Yuan manipulated by Ccp?
to rubbe manipulated by Putin?
Or Lira manipulated by Erdogan?

Man, don’t insult the people intelligence.

Every currency is manipulated.

You should not consume too much own propaganda. Not good.

Well at least RMB is manipulated by China and backed by goods produced. US is only backing their currency with guns and some overpriced legacy tech.

Nonsense. Worse than anything US did recently with its monetary and fiscal policies is the disastrous covid measures and adamant obstinacy of CCP in refusing to import and provide working vaccines to Chinese people.

50k people died in the US. Since the end of lockdown in China.

 

[beijingwalker]

We'll see, I believe more countries will try to diversify their foreign exchange after this crisis, in 10 years time, noticeable changes will be in place.

 

[Viet]

Well at least RMB is manipulated by China and backed by goods produced. US is only backing their currency with guns and some overpriced legacy tech.


50k people died in the US. Since the end of lockdown in China.

Don’t chinese buy Boeing from the US? Is aircraft classified as no product?
You don’t understand. US is a hightech country. It’s strength lies in technology and services. Not manufacturing, not making shoes. Legacy tech?

Man, does Apple use legacy tech? What you think what happens if Apple fails to introduce new model every year? Apple would not be worth trillion of dollars.

there are great efforts by Biden to lure foreign manufacturers coming to the US.

 

[Han Patriot]

Don’t chinese buy Boeing from the US? Is aircraft classified as no product?
You don’t understand. US is a hightech country. It’s strength lies in technology and services. Not manufacturing, not making shoes. Legacy tech?

Man, does Apple use legacy tech? What you think what happens if Apple fails to introduce new model every year? Apple would not be worth trillion of dollars.

there are great efforts by Biden to lure foreign manufacturers coming to the US.

Do you know how long they had been using the same model of 747s?or the aircraft engine? That's called tech monopoly and legacy tech. Planes and the engine had been essentially the same for the past 30 years with minimal advancement.

Please don't equate Apple with tech ok. Hahahahaha. They are just good at specififlying and marketing. Manufacturing isn't even done by them for gods sake. If Huawei phones is allowed in US and not banned, Apple would have been dead mate.


Services, whatever services amazon, YouTube Google, does, there is a Chinese competitor, yet US does not allow Tik Tok to compete freely. US has a services monopoly, they completely blank out competition and let the tech titans monopolise the sector, no difference from windows. When the userbase is too big, you can't dislodge them anymore. You think their technology is really that advanced?

Whatever the US can provide, China provides the same with no strings attached. The only weakness is advanced aircraft engine and semicon equipment.
Making an aircraft body is not hard. The key are the engines. That's why I say US is only surviving on legacy tech and institutions. The system was desigbed by them and they tweak the rules as they like. WE CHALLENGE THEM NOW. Imagine all the air worthiness certification process is defined by them not us, the body is controlled by them. Why do you think C919 is taking so long and using so much foreign components, its the certification. They make the monopoly rules. That's fair?

When we get ahead of them in AI, batteries and 5G,theu go crazy and van everything in the name of national security. That's called fair? The biggest threat to America is America itself, not China, you think we wanna invade them? We are the last country on earth able to maintain an independence, NOT EVEN RUSSIA can challenge US now. The last man standing is China, once we are gone, you will see what absolute power does to small fries like Vietnam.

 

[jhungary]

Sure, don't blame the irresponsible fiscal policy country enacted lead to their downfall, let's blame the money.

It's your (I am talking to my $100 bill) fault we need you to buy stuff........

 

[Leishangthem]

Nonsense. Worse than anything US did recently with its monetary and fiscal policies is the disastrous covid measures and adamant obstinacy of CCP in refusing to import and provide working vaccines to Chinese people.

Indians don't have access to pfizer ,Indian infrastructure and economy is too poor for sophisticated pfizer, so why are you often talking like you're pfizer American ? using some of their talking points ?.

 

[Viet]

Do you know how long they had been using the same model of 747s?or the aircraft engine? That's called tech monopoly and legacy tech. Planes and the engine had been essentially the same for the past 30 years with minimal advancement.

Please don't equate Apple with tech ok. Hahahahaha. They are just good at specififlying and marketing. Manufacturing isn't even done by them for gods sake. If Huawei phones is allowed in US and not banned, Apple would have been dead mate.


Services, whatever services amazon, YouTube Google, does, there is a Chinese competitor, yet US does not allow Tik Tok to compete freely. US has a services monopoly, they completely blank out competition and let the tech titans monopolise the sector, no difference from windows. When the userbase is too big, you can't dislodge them anymore. You think their technology is really that advanced?

Whatever the US can provide, China provides the same with no strings attached. The only weakness is advanced aircraft engine and semicon equipment.
Making an aircraft body is not hard. The key are the engines. That's why I say US is only surviving on legacy tech and institutions. The system was desigbed by them and they tweak the rules as they like. WE CHALLENGE THEM NOW. Imagine all the air worthiness certification process is defined by them not us, the body is controlled by them. Why do you think C919 is taking so long and using so much foreign components, its the certification. They make the monopoly rules. That's fair?

When we get ahead of them in AI, batteries and 5G,theu go crazy and van everything in the name of national security. That's called fair? The biggest threat to America is America itself, not China, you think we wanna invade them? We are the last country on earth able to maintain an independence, NOT EVEN RUSSIA can challenge US now. The last man standing is China, once we are gone, you will see what absolute power does to small fries like Vietnam.

Apple not tech but Huawei is tech or what? You are rediculous beyond stupidity.

 

[nahtanbob]

LoL, China should learn from some country which burns their dead in open streets or dump them into every river.

maybe you should follow safety practices in your labs to avoid virus outbreaks

 

[etylo]

Nonsense. Worse than anything US did recently with its monetary and fiscal policies is the disastrous covid measures and adamant obstinacy of CCP in refusing to import and provide working vaccines to Chinese people.

Whats your problem ? China is not india, a colony of the west. Chinese dont want to use western vaccines by choice, we have our own effdctive vaccines. Its just chinese approach to combat the pandemic is totally different from your sick land where 6 millions are dead.

 

[Han Patriot]

Apple not tech but Huawei is tech or what? You are rediculous beyond stupidity.

If you don't understand this, then i have no use explaining to you. Read more on ITU and 5G and also the number of patents created by Huawei. Apple is a brand, they don't create new technology, their vendor does. They just say I want this, and shit is done.

 

[Menthol]

What the article says is 100% true.

Indonesia is doing well, but what the USA does makes us poorer, like for example the rise in oil prices and other goods.

And if the USA does well, we gain nothing.

I think the world needs another currency benchmark that is fairer and doesn't make other people suffer.

The USA is a country that loves to talk about how they care much about human rights, but what they do is the opposite.

 

[Menthol]

It's time to move away from toxic dollars, for many countries , years of hard won wealth can be easily robbed away by US overnight with simple manipulation of their currency.

Agree!

To rise wealth from USD 10,000 to USD 15,000 it's not easy.

We need to work hard every day with blood and tear, just to earn it.

But then suddenly in just one night, our hard-collected money USD 15,000 dropped its value and was equal to USD 10,000 before.


Can you imagine if you want to buy a car at USD 15,000, you save money from USD 10,000 to USD 15,000, once you have the money, suddenly the car price rise to USD 20,000.

The only reason why people don't feel it, it's because many of them buy a car using credit.

But for people who want to do it right, and don't want to depend on debt, it's a punishment.

 

[beijingwalker]

maybe you should follow safety practices in your labs to avoid virus outbreaks

No, it's from your lab.

 

[Chat SAMOSA]

Whats your problem ? China is not india, a colony of the west. Chinese dont want to use western vaccines by choice, we have our own effdctive vaccines. Its just chinese approach to combat the pandemic is totally different from your sick land where 6 millions are dead.

Oh they put new batteries in you ? Guess you're not soda cans yet.

Indians don't have access to pfizer ,Indian infrastructure and economy is too poor for sophisticated pfizer, so why are you often talking like you're pfizer American ? using some of their talking points ?.

Stop being childish. You should be triggered by XI's adamant refusal to provide you working vaccines instead of the Chinese made crap. India mfd the AZ ones that worked great and also exported a huge amount globally.