Beehaw
  • Communities
  • Create Post
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml )  to World News@lemmy.mlEnglish · 5 months ago

Russia and China Now Settle 95% of Trade Without Dollars as De-Dollarization Completes

blocknow.com

external-link
message-square
45
link
fedilink
106
external-link

Russia and China Now Settle 95% of Trade Without Dollars as De-Dollarization Completes

blocknow.com

☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml )  to World News@lemmy.mlEnglish · 5 months ago
message-square
45
link
fedilink
Russia’s Deputy PM said 95% of Russia-China trade now settles in rubles and yuan, while the dollar’s share has fallen to just 5%.
  • backalleycoyote ( backalleycoyote@lemmy.today ) 
    link
    fedilink
    arrow-up
    1
    ·
    5 months ago

    “Sure.” is a cop-out. It’s either a “yes”, a “no”, or at least discussion of what is succeeding versus where progress that has potential to occur is being over-cautiously avoided or ignored.

    • Cowbee [he/they] ( Cowbee@lemmy.ml ) 
      link
      fedilink
      arrow-up
      13
      ·
      5 months ago

      “Sure” means “yes,” but casually.

      • backalleycoyote ( backalleycoyote@lemmy.today ) 
        link
        fedilink
        arrow-up
        1
        ·
        5 months ago

        Eh, fair enough. Play with your food long enough and it’ll go bad or get stolen out from under you though. You’ve got an opportunity to undermine American imperialism and reshape the nature of the global economy. But if your attitude is a casual “we’ll get there whenever, someday, whatever”, you’re just creating space for America to course correct and rebound or for someone with resolve to provide the new direction.

        • Cowbee [he/they] ( Cowbee@lemmy.ml ) 
          link
          fedilink
          arrow-up
          9
          ·
          5 months ago

          That’s not my attitude, though, that’s your perception of my attitude.

          • backalleycoyote ( backalleycoyote@lemmy.today ) 
            link
            fedilink
            arrow-up
            1
            ·
            5 months ago

            Indeed it is. Since you don’t provide any specifics then all I can do is probe the limits of what you mean by “casual” and see if I can come to a clearer conclusion based off your responses. Or you could just explain what “casual” means to you.

            • Cowbee [he/they] ( Cowbee@lemmy.ml ) 
              link
              fedilink
              arrow-up
              13
              ·
              5 months ago

              I mean I was responding to you in particular casually, not that China is taking a casual approach.

World News@lemmy.ml

worldnews@lemmy.ml

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !worldnews@lemmy.ml

News from around the world!

Rules:

  • Please only post links to actual news sources, no tabloid sites, etc

  • No NSFW content

  • No hate speech, bigotry, propaganda, etc

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 1 user / day
  • 327 users / week
  • 1.2K users / month
  • 3.23K users / 6 months
  • 1.07K local subscribers
  • 41.8K subscribers
  • 17.4K Posts
  • 54K Comments
  • Modlog
  • mods:
  • Rumblestiltskin ( Rumblestiltskin@lemmy.ml ) 
    cake
  • AgreeableLandscape ( AgreeableLandscape@lemmy.ml ) 
  • Jack. ( jackmarxist@lemmy.ml ) 
  • zephyreks ( zephyreks@lemmy.ml ) 
  • OurToothbrush ( OurToothbrush@lemmy.ml ) 
  • BE: 0.19.15
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code