Skip Navigation

A BRIC, impenetrable to sanctions

A BRIC, impenetrable to sanctions

On the impossibility of isolating a large country in the 21st century.

cross-posted from: https://collapse.cat/post/19794

cross-posted from: https://collapse.cat/post/19793

Pep: Del periodista conservador Wolfgang Münchau: els seus comentaris sobre els riscs econòmics per occident:

https://www.eurointelligence.com/column/a-bric-impenetrable-to-sanctions

Joan: "With this one sanction, we have done all of the following: undermined trust in the US dollar as the world’s main reserve currency; forestalled any challenge the euro might ever make; reduced the creditworthiness of our central banks; encouraged China and Russia to bypass the western financial infrastructure; and turned bitcoin into a respectable alternative transaction currency. At least the blockchain is not going to default on you."

Comments

0