this post was submitted on 15 Jul 2024
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[–] [email protected] 24 points 1 month ago (2 children)

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

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

Wow, this is from 2014 no less.

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

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

[–] [email protected] 11 points 1 month ago

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

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

don't see western media making fun of BRICS lately

[–] [email protected] 19 points 1 month 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 1 month 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 1 month ago* (last edited 1 month ago)

It almost works on me 😅

[–] [email protected] 14 points 1 month ago (2 children)

Bitcoin...which is valued in dollars?

[–] [email protected] 10 points 1 month 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 1 month ago

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

[–] [email protected] 12 points 1 month ago (2 children)
[–] [email protected] 19 points 1 month ago* (last edited 1 month ago)

Another mouthpiece of the empire but related to the economy.

[–] [email protected] 18 points 1 month 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 1 month ago* (last edited 1 month 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 1 month ago (1 children)

Yellen when sanctions backfire

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

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

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

This deserves to be an emoji.

[–] [email protected] 6 points 1 month ago