:azan:

Though he did clarify they don't have a worse police state than the US. He just both-sides it.

Edit - It's a law of hexbear that every discussion must turn into a struggle session. Especially if the discussion involves China.

  • invalidusernamelol [he/him]M
    ·
    4 years ago

    This threatens the dollar over the long term," in an article that described the digital yuan as "a re-imagination of money that could shake a pillar of American power."

    It's absolutely at least one of the reasons. I think since the 20th century, there's actually been a kinda devolution of capitalism into its more primitive commercial form. Or at least a resurgence of commercial capital as a more powerful force with international banking and dominance of the petro dollar as global reserve currency.