Quote (Prox1m1ty @ Apr 13 2024 05:44pm)
So appease Putin and predict/prevent October 7th?
Why am I not surprised.
What ramifications on the dollar? Inflation?
Not stick our thumb in Putin's eye in the first place. Biden micromanaged a coup d'etat in Russia's back yard to
overthrow a democracy aligned with Russia and put a puppet regime in place. When Russia tried to negotiate slicing and dicing spheres of influence in Ukraine, we rejected their overtures and wouldn't budge an inch. But when Russia was willing to invest the force needed to conquer their slice of Ukraine, Biden wasn't willing to invest the force necessary to defend our claim. And at every opportunity to broker a peace we rejected it. And now Russia will wind up with a bigger slice than we could have let them have at the bargaining table.
Its a simple axiom, don't take it if you can't hold it.
The weaponization of the dollar directly undermines our geopolitical hegemony. Our allies won't join our economic warfare, and the unaligned world and our enemies are divesting from the dollar as both a reserve currency and exclusive petroleum exchange currency. At this rate in a few decades every international trade will be done in RMB