Random Thoughts

Random Thoughts

Дня не проходит чтоб магическое слово дедолларизация (de-dollarization) не всплыло в ленте новостей. Довольно популярная нынче тема. Даже статья на вики имеется. Да что там, этой теме уже более 50ти лет. Она периодически поднимается из недр очередной волной…

Trump made an error in judgment by publicly opposing and threatening the creation of the BRICS common currency. A clever strategy would be to encourage the formation of this chimera and watch it fail. If that's twisted then ignoring these political whims entirely would be a pragmatic course of action. It would've been a dead-on-arrival anyway. Nothing strengthens the USD more than the collapse of a competing currency regime.

Instead, our easily triggered champion of US nationalism took the bait and provided credibility to the idea. Why would Trump fiercely oppose it had it not been a serious threat, a BRICS sympathizer would reason. Furthermore, this act indirectly supports incumbent politicians whose currency plans have vaporized. They could now rally local support in case the power grip will loosen. Nothing unites people more behind the ruling elites than external threats.

Escalatory nationalism begets more nationalism elsewhere. I hope these lessons were learned in the 20th century.

#AmericanImperialism

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104 viewsFeb 9 at 01:21

Trump made an error in judgment by publicly opposing and threatening the creation of the BRICS common currency. A clever strategy would be to encourage the formation of this chimera and watch it fail. If that's twisted then ignoring these political whims entirely would be a pragmatic course of action. It would've been a dead-on-arrival anyway. Nothing strengthens the USD more than the collapse of a competing currency regime.

Instead, our easily triggered champion of US nationalism took the bait and provided credibility to the idea. Why would Trump fiercely oppose it had it not been a serious threat, a BRICS sympathizer would reason. Furthermore, this act indirectly supports incumbent politicians whose currency plans have vaporized. They could now rally local support in case the power grip will loosen. Nothing unites people more behind the ruling elites than external threats.

Escalatory nationalism begets more nationalism elsewhere. I hope these lessons were learned in the 20th century.

#AmericanImperialism

BY Random Thoughts