Saturday, April 30, 2022

A New Russia and China-led Monetary System Seeks to Replace U.S. Dollar-Danny Haiphong interviews Pepe Escobar (video, no transcript 9.25)

 


Danny Haiphong interviews Pepe Escobar: A New Russia and China-led Monetary System Seeks to Replace U.S. Dollar
https://youtu.be/72uSyoiQRzc

1 comment:

NeilW said...

Truth by repeated assertion.

The trouble with being export led is that you have to come up with a way of taking the scrip of your customer, because you're not buying anything real from them that they produce.

However you try and hide it, holding foreign savings is nothing more than holding a promise of future output from that area. A promise that will rightly be cancelled if you take military action against an ally of that area.