this post was submitted on 15 Jul 2024
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[–] [email protected] 24 points 4 months ago (2 children)

Critical support for destroying the USA empire to... checks notes the USA?

[–] [email protected] 30 points 4 months ago (1 children)
[–] [email protected] 16 points 4 months ago (1 children)

Wow, this is from 2014 no less.

[–] [email protected] 8 points 4 months ago (1 children)
[–] [email protected] 8 points 4 months ago

Too good to be true! But the real article is also good.

[–] [email protected] 11 points 4 months ago

Xi's sitting back and doing nothing plan coming together.

[–] [email protected] 20 points 4 months ago (1 children)
[–] [email protected] 21 points 4 months ago

don't see western media making fun of BRICS lately

[–] [email protected] 19 points 4 months ago

This article feels like someone giving the market a little nudge to hopefully trigger some tiny movements their trading supercomputer can take advantage of to make them a quick few hundred million. Source: I know less than nothing about the subject.

[–] [email protected] 18 points 4 months ago (1 children)

Owner of Forbes quietly admits to being annoyed at being saddled with loads of bitcoin, staff promise to fix that for them.

[–] [email protected] 10 points 4 months ago* (last edited 4 months ago)

It almost works on me 😅

[–] [email protected] 14 points 4 months ago (2 children)

Bitcoin...which is valued in dollars?

[–] [email protected] 10 points 4 months ago

I think the key there is that US doesn't control trade of bitcoin the way they do swift. Any country can send bitcoin to any other country as a form of settlement, and there's nothing US can do about it.

[–] [email protected] 8 points 4 months ago

Crucially, it's valued in other currencies too, and not just printed by the USA

[–] [email protected] 12 points 4 months ago (2 children)
[–] [email protected] 19 points 4 months ago* (last edited 4 months ago)

Another mouthpiece of the empire but related to the economy.

[–] [email protected] 18 points 4 months ago (1 children)

She's a neoliberal economist (ie someone who lays down academic cover for the empire). She was the Federal Reserve chair under Obama and has been the Treasury Secretary under Biden.

Her earlier career included time at the Fed, during which she wrote a paper clearly stating the purpose of raising interest rates: to further oppress the working class.

[–] [email protected] 11 points 4 months ago* (last edited 4 months ago)

And then proceeded to hike interest rates at astronomical speeds during her tenure

https://www.visualcapitalist.com/interest-rate-hikes-1988-2023/

[–] [email protected] 9 points 4 months ago (1 children)

Yellen when sanctions backfire

[–] [email protected] 7 points 4 months ago (1 children)

I absolutely love they picked that particular pic for the story.

[–] [email protected] 6 points 4 months ago (1 children)

This deserves to be an emoji.

[–] [email protected] 6 points 4 months ago