Monday, February 28, 2022

The unintended consequence hits....China makes its move to challenge the current financial system

 Thanks to Cogitans Iuvenis for the link!

via The Times

China has ruled out joining the international financial blockade of Russia and there are growing fears that it could offer President Putin a lifeline with access to Beijing’s international banking system.

Ronny Tong, a top adviser to Hong Kong’s Beijing-backed leadership, said it was “time to set up and perfect a new payment system based on renminbi”.

Here 

Didn't expect this so soon but when you overuse sanctions you have to expect a pushback.

The Chinese are an awesome enemy.  We're gonna have to be on point to beat them which means we need a better class of leaders in our govt/military and something to unite us all.

I don't expect that happen.

Time to recalculate.  How long before we're shouting we're #2!


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