[miguelazo]

I think most people who follow these issues would not expect a ban like this to be effective. To think otherwise is extremely naive, not unlike the Biden administration folks who thought they could break the Russian economy with their sanctions and ended up doing quite the opposite, not to mention laying the groundwork for the US dollar to lose international reserve currency status.

[Log_out_]

and what is the new reserve currency taking its place? euro? threatened in reliability by ...russian psyops.

chinas yuan? not reliable.the rubble? the dollar will never dissappear as much as vatniks want that..

brics cant even stop fighting among its members

[miguelazo]

Hilarious. Do you think that there was an obvious replacement when previous international reserve currencies fell out of favor?

>the dollar will never disappear

Wow, you think highly indebted empires just go on forever, eh? You must have paid a lot of attention in history class!

[MaxPock]

"The Earth is littered with the ruins of empires that believed they were eternal." (Camille Paglia)

[hulitu]

> yuan? not reliable.

Some say that the USD was "reliable" because it was the only used curency.

[miguelazo]

Exactly. Have you seen US debt to GDP ratio lately?