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    feld (feld@friedcheese.us)'s status on Tuesday, 18-Feb-2025 17:09:51 JSTfeldfeld
    in reply to
    • pretentious7
    • Jon Sterling
    @jonmsterling @pretentious7 Nobody in western media seems to pay attention to how China is courting all these poor countries that have been historically aligned with the West and giving them infrastructure upgrades and sweet trade deals, but getting them to trade in RMB instead of their own sovereign but very fragile currency. Putting in Chinese banks too. Within 20 years we will probably see e.g., countries in Africa and South America switch to China's RMB for stability instead. Completely reshapes the world trade.
    In conversationabout 4 months ago from friedcheese.uspermalink
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