China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary

The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.

:xicko:

Now the Belt and Road Initiative, please

  • StalinForTime [comrade/them]
    ·
    2 years ago

    At what point do psychopaths enter into shambles?

    In my experience it's when they realise they caught

    • BeamBrain [he/him]
      ·
      2 years ago

      When their delusions crash headlong into reality in a way that they cannot possibly ignore because it causes them catastrophic material consequences.