☆ Yσɠƚԋσʂ ☆ to GenZedong · 1 year agoRussia is so cut off from the international financial system that the Kremlin thinks Western sanctions have 'insured' the country against the banking crisiswww.businessinsider.comexternal-linkmessage-square19fedilinkarrow-up155arrow-down10cross-posted to: worldnews@lemmy.ml
arrow-up155arrow-down1external-linkRussia is so cut off from the international financial system that the Kremlin thinks Western sanctions have 'insured' the country against the banking crisiswww.businessinsider.com☆ Yσɠƚԋσʂ ☆ to GenZedong · 1 year agomessage-square19fedilinkcross-posted to: worldnews@lemmy.ml
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up22·1 year agoIndeed, and hopefully China will come out on top in this crisis as well. If that happens the entire western system will become discredited overnight.
minus-squareNavarynlinkfedilinkarrow-up13arrow-down1·1 year agobit worried about china actually, ofc it’s not going to be as bad as it is going to be for the west but china’s economy is more intertwined with the west’s
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up7·1 year agoI think China has a proven ability to do long term planning. I imagine they will be fine in the grand scheme of things.
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Indeed, and hopefully China will come out on top in this crisis as well. If that happens the entire western system will become discredited overnight.
bit worried about china actually, ofc it’s not going to be as bad as it is going to be for the west but china’s economy is more intertwined with the west’s
I think China has a proven ability to do long term planning. I imagine they will be fine in the grand scheme of things.