he is saying there is budget deficit that will likely point to devaluation.
regardless what he says. Middleast will play important role in world financial and trading system.
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- Thread starter bd popeye
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regardless what he says. Middleast will play important role in world financial and trading system.
I know right, just because Gorbachev is an idiot and a blind USA fanboy that blinded him to the obvious doesn’t mean that he is going to be blindly emulated in China, a nation that has up until now not be following the west to this extent and also not stupid enough to lay themselves bare just because some idiot Emma mother worshipping moron says so with finger cross like a brain damaged Ja hid on high dosage of cow piss. Their is a reason that almost no one gives a shit about his passing unlike the Queen who I might add has a vast amount of Those that absolutely dispise her, particular from any nation the UK has colonized, which there has been many. The US media should give it a rest with the amount of copium they are smoking, their becoming more Hindu with the sheer levels of madness they are exhibiting, has the amount of winning that China has engaged th USA in got so bad that they have mistook pot for cow shit in white power form because I am starting to think that this is the case
holy shit.
the only hope for Russia is if CPRF comes to power, cleans house, and engages in reforms just as radical as when CPC hired Soviet advisors in the 50's. the rot goes deep.
What's all this crazy talk?
If even China's epidemic prevention measures are considered "incompetent", then the West is a negative number.
As soon as you read the article that China's response to the COVID-19 crisis was "bad", then you can throw the article away.
So it's not worth our surprise at all, an exile always exaggerates his experience and mixes his opinions with a lot of personal grudges.
"hubris and paranoia" is better to describe the new British Prime Minister.
Before she was elected, a Chinese netizen had an extremely unpleasant meeting with her: rude, arrogant, irritable, impolite, forcibly intervene in the conversation and interrogate others like an interrogation.
Many of the views in the article are contrary to the attitude of the Chinese public, and are entirely catering to the American argument. The people are extremely dissatisfied with Shanghai's "loose policy" of catering to the west, and expect to punish the relevant responsible persons.
The efficient management methods in other regions are completely ineffective in Shanghai. People think that the reason is the erosion of grassroots management by selfish elitism.
This incident has made people realize that those who advocate an open policy are potential traitors and vested interests.
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It seems that the current victory has given Ukrainians enough confidence.
An unconfirmed rumor suggests that this Ukrainian official proposed that the final condition for negotiations was Russia's "demilitarization".
My translation to that Meeting:
"You may not believe what I said: a few months ago, I was in The Rag eating my meal, at that time I met Liz Truss, who took three bodyguard and secretary by her, she heard my conversation with another chad. Suddenly, she turned to our table to join our chat rudely and without inquiry. She did not introduce herself, presented like "Oh of course you know who I am".
She came up with a mean question “What's the attitude of your Chinese people in Ukraine war". I repeated our official perspective with my tone, and tell her "Chinese people don't care fighting in Europe and not every country should obey your order to support a camp". Aunt Liz then shown a Spanking face sounds like "Really? I don't think so...". Maybe that's the reason why 3 bodyguards were here.
Finally, Aunt Liz did not match here words, narrated her experience and relationship to China before she suddenly left the restaurant, leaving me and the chad a faces of muddled. Later, I shared the experience with my friends who also met with Aunt Liz, and found we all had a similar impression to her -- rude, confused, ignorant, self-centered but with confidence. Who would have thought that this lunatic women would be the Prime Minister of Britain today?"
Li Zhanshu visited Russia.
中方愿继续同俄方一道，在涉及彼此核心利益和重大关切问题上相互坚定支持。
China is willing to continue to work with the Russian side to provide firm support to each other on issues related to each other's core interests and major concerns.
普京请栗战书转达对习近平主席的美好祝福。他说，俄中新时代全面战略协作伙伴关系具有特殊性和重要性，俄方对两国关系和各领域合作成果感到满意。
Putin asked Li Zhanshu to convey his best wishes to President Xi Jinping. He said that Russia-China comprehensive strategic partnership of cooperation in the new era is of special character and importance, and the Russian side is satisfied with the results of relations between the two countries and cooperation in various fields.
The Chinese are coming.
Russia saving their Rubles not as "reserves" but as account surpluses would make sense if their level of self-sufficiency were enough to make autarky economically viable. The reason this would be done is to delay inflation by deferring spending until such balance sheet surpluses are actually spent. By printing Rubles, inflation is not deferred but rather incurred everytime such printed Rubles are spent. In other words, Rubles aren't printed when those Rubles are earned from economic activity, and we all know overall inflation is the inflation of money supply.
What is puzzling is why Maxim Oreshkin is opposed to holding Yuan reserves? Russia-China trade is going absolutely bonkers and it is projected to at least double or possibly triple in the near future. Holding Yuan reserves is probably not even going to be an option but rather a necessity for this reason alone. There's also secondary considerations like creating financial conduits to avoid Western sanctions, also as a valuable tool to control the Ruble exchange rate, as well as an alternate payment currency with 3rd countries. Afterall, not all countries want Rubles, but an increasing number want Yuan. If Russia and other large trading nations agreed, they could even organize cartels along the lines of a Petro-Yuan but extend this into other essential items like Gas, Copper, Potash, Uranium...hell maybe even semiconductors someday.
Russian leadership would be well served to be highly skeptical of this kind of advice. This looks like a clear case of Western chauvinism in the same vein as Alexander Dugin who was once an anti-China zealot calling for China's disintegration at the same time as being anti-Western. It took a long time for Alexander Dugin to see the light and become pro-China. Let's hope Oreshkin sees the light someday.
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