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... but only if current events actually keep escalating to the scale of a world war. If Russia/Putin loses steam and the precedent takes the winds out of China'
by mindslight 3y ago
... but only if current events actually keep escalating to the scale of a world war. If Russia/Putin loses steam and the precedent takes the winds out of China's foreign policy sails, or if China's domestic economy implodes and neuters the economic support for Putin's war, the current events will likely just fizzle out. Ten years ago I generally thought the end of the US/USD empire was inevitable. Now that the chief competitors are playing their hands in some very foolish ways (and cryptocurrency has been basically harmlessly absorbed by the incumbent financial system), I'm not so sure.