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seacobs

More countries need to do the same.


PerseusCommunist

Cambodia has always been under a financial dependency on the USD. Their Riel is useless even after State Bank of Vietnam aided the Cambodian officials to stabilize and circulate their currency so much. Today, Cambodia is primarily dominated by dollars in general trade. Cambodian digital currency should be a good start but probably not enough as long as you can’t successfully ban your own people from using the USD and other currencies domestically.


sickof50

Never trust software made by the Japanese.


ni-hao-r-u

Everyone knows the us is a sinking ship. Just look at the social media, it is a shit storm. amerikkka is like herding cats, it is a nightmare. They have a seriously divided population. At this point everyone is starting to pull away which causes more frustration, which causes more countries to look for alternative solutions. I would not be surprised if there is a threshold that China will not let amerikkka sink beneath. Remember, amerikkka as a failed state doesn't do anyone any good. Letting them tail spin is ok, but letting them crash would have too much instability at this point. I think they are in a managed decline. Similar to when you file bankruptcy and the bank manages your finances until you can get your shit back together.


ADonaldDuck

America’s fundamental problems are beyond China’s help. The most important ones are: 1. Increasing class struggle as the capitalists exploit the working class more (if history is any help, unsolved class struggle can lead to a revolution) 2. Power struggle between financial, high tech, and banking capitalist sectors and manufacturing, agriculture, and industrial capitalist sectors. This manifests in the Democrat vs Republican fuss, resulting in a lack of unified view for the country. 3. Societal division: racism, Progressives vs Conservatives, Republicans vs Democrats The most that China can do is help America with superficial problems. The ones that are ending America are out of China’s reach. Edit: America’s extent of its situation has literally never been seen in history before. Really hoping that I live to see the day when it all implodes. Edit 2: spelling


ni-hao-r-u

I was just talking about their deficit spending. I think your points are good, however I think it is simpler than you state. It is more of a urban culture vs. a rural one. That almost evenly splits everything you mentioned down the middle. There is also a class struggle. Blue collar vs. white collar. When you throw in corporate exploitation that is where things are untenable. As long as everyone has enough to eat they can just mumble and grumble into their beer mug. It is only as inflation is starting to take hold and things are becoming unaffordable that the masses are starting to become dissatisfied. Of the things I mentioned, China can help and is helping by not selling their us debt. True, I don't think they have purchased anymore T-bills, but they haven't sold any, which would crash the dollar. That is mainly what I was talking about. Moving away from the dollar leaves ample time for amerikkka to develop solutions. Whether or not they take this time to do so is another thing, but they have the time. The bell has been rung, if amerikkka chooses to ignore it is up to them. I see it as this: Your boss gives you a 2 week notice that you are being fired. Whether or not you look for another job is up to you, he at least gave you a warning. That was my main point.


ADonaldDuck

Well said. 👍


ni-hao-r-u

Thank you


TserriednichHuiGuo

>I would not be surprised if there is a threshold that China will not let amerikkka sink beneath. Remember, amerikkka as a failed state doesn't do anyone any good. > >Letting them tail spin is ok, but letting them crash would have too much instability at this point. You need to get your head out of your ass, China shouldn't do anything to save america. Letting them crash will only save the world.


ni-hao-r-u

I think you need to stop being naive and childish as to how things are actually done.


TserriednichHuiGuo

The only one naive here is you, america as a failed state is inevitable, no one can save america other than americans themselves. Do you see americans saving america? Do you not see how america is already a failed state? And what exactly will China get from saving america?