ThanksObama5223

joined 4 years ago
[–] [email protected] 20 points 1 year ago (3 children)

The de-dollarization is happening because of the war. America signaled to the globe that holding usd reserves is unsafe as they can seize those funds on a whim, as they did with Afghanistan and now Russia. Furthermore, Russia's resilience to economic sanctions is an important signal to the rest of the world that it can be done, and you have a network of countries unwilling to join the western sanctions regime. That network is growing. Were trending to a multipolar world, and not one led by russia, but chiefly by china

The global south benefits from multipolarity. Not just as a counterweight to us military hegemony, but economic sanctions regimes as well. It's undeniable that the global south benefited when the ussr was still around, that would certainly be the case in a world where a Chinese led bloc is the other pole

[–] [email protected] 9 points 1 year ago (3 children)

it me kitty-cri

but for real im trying to ditch the laziness and do more locally

[–] [email protected] 25 points 1 year ago

On the topic of uranium / enrichment, its interesting to note that uranium & SWU trade between the US & USSR never really faltered, even during the height of the cold war. The global market for raw uranium is small, and its even smaller for SWU. I think its just once of those industries that doesn't always feel the same disruptions from international relations

[–] [email protected] 3 points 1 year ago

Can I see ur hog?

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