For the record, this has more to do with Argentine financial mismanagement and China’s “expansive” fiscal policy than with the dedollarization that the headline is trying to imply.
The reality is that US raising rates creates problems for countries like Argentina which makes repaying their foreign debt more expensive. In the end it, the drive for dedollarization is that it provides countries with a way out of the exploitative credit system US created via IMF and the dollar hegemony.
We (I’m from Argentina) have not enough dollars to pay the IMF loan and had a bunch of yuans in reserve China lend us to trade with them, a ‘swap’ as I heard they call it.
What’s worrying is that yuans have a secret loan interest, probably quite a high rate. Don’t ask were the IMF loan money went, for sure it wasn’t spent on me.
Mismanagement? Fuckk, you yanks fuck us up through the IMF. We are debt trapped in another of the US economic games. It IS related to dedolarisation because the dolar as the internstional currency causes this type of issues in explouted nations. There is a reason why us and my Brasilian brothers are doing it, us being the two biggest economies in Southamerica.
Consider the content of articles you post here rather than just posting here because it references a town in the Austin MSA. This is just an ad for a new housing development an hour outside town.
I appreciate the effort to create content for this sub, but many of the news articles you’ve posted today are really low quality and uninteresting
Do you even know what a State is? The existence of a State is already an authoritative thing because it implies the repression of one class to the other through the State’s organs, namely the police for example. All State is “authoritarian” because that is the very essence of a State, Anarchists know as much.
What you consider a “not totalitarian” goverment is simply one that is governed by the bourgeoisie. Or what did you think it happened, that after the middle ages class based society ceased to exist or that the class that oppresses turned good? They are the ones in government.
That’s the beauty of science, everyone gets the same results. Scientists can work together no matter where they came from, because they share the language of science: The scientific method.
Or you could just start using Bitcoin for international trade. No having to trust a specific country to responsibly manage your currency. Send money anywhere instantly with 99.9% uptime, much lower fees than banks/swift/etc, 365 days a year, etc.
Sure. The wild fluctuations in value and the lack of liquidity are just minor issues that anyone running a billion-dollar industrial operation should be able to overcome easily.
Nice read, thanks for sharing! The NES will always be the epicenter of my lifelong love for gaming. I will always remember receiving Megaman 2 for my bday. We had other games, but as the youngest of three boys, it was the first game that was truly mine. And I will never forget the weird ass cover art it had lol.
NES Mega Man 2 is one of the few NES games that was actually made easier for the American release, in that you could play the game recklessly and still win. The original (more difficult) difficulty was made into an optional “hard” mode, which forced players to play more defensively.
Final Fantasy 1 was so fun! I didn’t have it as a kid, but I bought it on the Wii virtual shop back when that was a thing.
It was rough to get through because I didn’t know what I was doing (had a bad party comp, I think), but I somehow managed to beat it. Still one of my favorite gaming experiences.
Dad wouldn’t buy me an NES when I was a kid. My next door neighbor had one and we played Top Gun and legacy of the wizard. Got an NES 20 years ago and still have it though my game collection is pretty small. Also have an old crt to play it on. Still bust out SMB3 every once in awhile for the nostalgia.
It’s easier to create incredibly difficult games than it is to create games that are only moderately difficult. That’s something that technology and the honing of the craft have brought to modern gaming.
I had never even considered that China might actually succeed in reversing the brain drain phenomenon. I had already intuitively understood that it had stopped it, but to start attracting scientists from Japan of all places, that is a serious feat.
Material conditions are what matters in the end. As the west and its puppets continue to decline economically, people who have options will increasingly look for greener pastures.
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