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People have been predicting that the US dollar will stop being the dominant global currency for a VERY long time. What are your thoughts on China's treatment o

People have been predicting that the US dollar will stop being the dominant global currency for a VERY long time. What are your thoughts on China's treatment of the Uighurs?

Barrin92 4y ago
Morally I think the treatment of the Uighurs is pretty awful, geopolitically it's irrelevant. Made obvious by the indifference to it even in the Islamic world. And if you think American behavior is determined by the plight of the Uighurs rather than anxiety over losing its hegeomnic position, I have a bridge to sell you. And yes people have prematurely talked about the end of the dollar mostly for ideological reasons, but now the situation is very different. If you had told me a few years ago that over the course of weeks France will settle gas trades in the UAE in Yuan while Iran and Saudi Arabia restore relations brokered by China with Washington sidelined I would have looked at you funny. This time the world has changed. It's not gonna happen tomorrow or next year, but if the US continues to weaponize its economy to enforce its own politics on other countries, it's a matter of when and not if.
- HyperSane 4y ago
  Are you aware of just how strong the US dollar is right now?
  - herbst 4y ago
    It depends on how you look at it. But I am getting less and less CHF for the dollars I am earning and this is going on since Trump. From my POV dollar is losing value nearly the same rate as the euro.
    - HyperSane 4y ago
      What can realistically replace the dollar as the global reserve currency?
  - inconceivable 4y ago
    LOL. the strength of the dollar is exactly why people want to move away from it. financing domestic purchases with a foreign currency is expensive.
- rnk 4y ago
  The Muslim world is famous for their own huge human rights abuses, both to different sects of Muslims, but also don't forget the recent treatment of guest workers who were building the world cup facilities. Some Americans are worried about their strength in the world, some are concerned about the Uighurs.
RedCondor 4y ago
"Uyghur Genocide" is as fake as Saddam's WMDs and Gaddafi's "viagra gangs." https://redsails.org/the-xinjiang-atrocity-propaganda-blitz/ https://redsails.org/the-xinjiang-atrocity-propaganda-blitz/
DiogenesKynikos 4y ago
That people constantly raise, "What about the Uyghurs?" in conversations about the US and China constantly amazes me. After 20 years of constant war in the Middle East, including the illegal invasion of Iraq (consequence: several hundred thousand deaths), the overthrow of the Libyan government (consequence: a decade of civil war and a complete collapse of living standards), and the two-decade-long occupation of Afghanistan (right across the border from Xinjiang), you'd think Americans would be a bit more self-critical and aware.
- botanical 4y ago
  That invasion was "war"; which I am and was against. The Chinese government is repressing their own citizens. So why downplay the subjugation and genocide of the Uyghurs? (And I'm not American)
  - DiogenesKynikos 4y ago
    The "Uyghur genocide" has a death toll of zero, even according to the people calling it a "genocide." Words like "genocide" shouldn't be thrown around in bad faith. I don't know what's more incredible: that anyone actually bought the "genocide" allegations, or how quickly the media has forgotten about it and moved on to the next hot-button China issue, Taiwan.
    - HyperSane 4y ago
      Modern definition of genocide include intentional destruction of culture, which is exactly what the Chinese are doing.
      - DiogenesKynikos 4y ago
        If you take a word that originally meant the mass murder of an entire ethnic group, and then use it to refer to destruction of culture, you're just trying to confuse people. The whole point of calling it the "Uyghur genocide" is to fool people into thinking that China is carrying out mass murder - which is isn't. The retreat to, "I'm talking about cultural genocide" is a bait-and-switch, used once the original accusation of "genocide" is challenged. Even the accusations of "destruction of culture" are incredibly fuzzy. I think most people who believe in the "genocide" accusation would be very surprised to learn that the Uyghur language is still extensively taught in schools in Xinjiang, and is, in fact, still the primary language of education for most Uyghur children. They might also be surprised to learn that some of China's most popular celebrities are Uyghurs, and that Uyghur culture is actually pretty popular in China. The "genocide" accusation is simply made in bad faith. One could actually talk about real political repression in Xinjiang, but that would be much less shocking and sensationalist than making up false accusations of "genocide."

People have been predicting that the US dollar will stop being the dominant global currency for a VERY long time. What are your thoughts on China's treatment of the Uighurs?

Barrin92 4y ago

Morally I think the treatment of the Uighurs is pretty awful, geopolitically it's irrelevant. Made obvious by the indifference to it even in the Islamic world. And if you think American behavior is determined by the plight of the Uighurs rather than anxiety over losing its hegeomnic position, I have a bridge to sell you. And yes people have prematurely talked about the end of the dollar mostly for ideological reasons, but now the situation is very different. If you had told me a few years ago that over the course of weeks France will settle gas trades in the UAE in Yuan while Iran and Saudi Arabia restore relations brokered by China with Washington sidelined I would have looked at you funny. This time the world has changed. It's not gonna happen tomorrow or next year, but if the US continues to weaponize its economy to enforce its own politics on other countries, it's a matter of when and not if.

HyperSane 4y ago
Are you aware of just how strong the US dollar is right now?
- herbst 4y ago
  It depends on how you look at it. But I am getting less and less CHF for the dollars I am earning and this is going on since Trump. From my POV dollar is losing value nearly the same rate as the euro.
  - HyperSane 4y ago
    What can realistically replace the dollar as the global reserve currency?
- inconceivable 4y ago
  LOL. the strength of the dollar is exactly why people want to move away from it. financing domestic purchases with a foreign currency is expensive.
rnk 4y ago
The Muslim world is famous for their own huge human rights abuses, both to different sects of Muslims, but also don't forget the recent treatment of guest workers who were building the world cup facilities. Some Americans are worried about their strength in the world, some are concerned about the Uighurs.

RedCondor 4y ago

"Uyghur Genocide" is as fake as Saddam's WMDs and Gaddafi's "viagra gangs." https://redsails.org/the-xinjiang-atrocity-propaganda-blitz/ https://redsails.org/the-xinjiang-atrocity-propaganda-blitz/

DiogenesKynikos 4y ago

That people constantly raise, "What about the Uyghurs?" in conversations about the US and China constantly amazes me. After 20 years of constant war in the Middle East, including the illegal invasion of Iraq (consequence: several hundred thousand deaths), the overthrow of the Libyan government (consequence: a decade of civil war and a complete collapse of living standards), and the two-decade-long occupation of Afghanistan (right across the border from Xinjiang), you'd think Americans would be a bit more self-critical and aware.

botanical 4y ago
That invasion was "war"; which I am and was against. The Chinese government is repressing their own citizens. So why downplay the subjugation and genocide of the Uyghurs? (And I'm not American)
- DiogenesKynikos 4y ago
  The "Uyghur genocide" has a death toll of zero, even according to the people calling it a "genocide." Words like "genocide" shouldn't be thrown around in bad faith. I don't know what's more incredible: that anyone actually bought the "genocide" allegations, or how quickly the media has forgotten about it and moved on to the next hot-button China issue, Taiwan.
  - HyperSane 4y ago
    Modern definition of genocide include intentional destruction of culture, which is exactly what the Chinese are doing.
    - DiogenesKynikos 4y ago
      If you take a word that originally meant the mass murder of an entire ethnic group, and then use it to refer to destruction of culture, you're just trying to confuse people. The whole point of calling it the "Uyghur genocide" is to fool people into thinking that China is carrying out mass murder - which is isn't. The retreat to, "I'm talking about cultural genocide" is a bait-and-switch, used once the original accusation of "genocide" is challenged. Even the accusations of "destruction of culture" are incredibly fuzzy. I think most people who believe in the "genocide" accusation would be very surprised to learn that the Uyghur language is still extensively taught in schools in Xinjiang, and is, in fact, still the primary language of education for most Uyghur children. They might also be surprised to learn that some of China's most popular celebrities are Uyghurs, and that Uyghur culture is actually pretty popular in China. The "genocide" accusation is simply made in bad faith. One could actually talk about real political repression in Xinjiang, but that would be much less shocking and sensationalist than making up false accusations of "genocide."