Milei’s dilemma: Trading with China while pleasing Trump
Milei previously vowed not do business with China – now he insists that trade ties do not complicate Argentina's alignment with the United States.
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Beijing break-up: Trump wants China out of Argentina. Could Milei afford it?
- Thread starter Uncle Wong
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www.batimes.com.ar
GlasgowJohn
Well-known member
Wind supplies between 50 and 70% of Scotlands electricity needs depending on the year , and on the wind....
Wow! Had no idea it was that high. I guess Trump would give a thumbs up there on it then.
The latest theory on de-dollarization:
“China is moving toward a digital currency that is likely backed by gold,” Otavio Costa, the chief executive of Azuria Capital, posted to X. “This is a hugely important—and still underappreciated—development.”
Costa said he’s “not suggesting this marks the end of the U.S. dollar or anything extreme but the direction is clear: The world is gradually moving back toward some form of a gold standard.”
“China is moving toward a digital currency that is likely backed by gold,” Otavio Costa, the chief executive of Azuria Capital, posted to X. “This is a hugely important—and still underappreciated—development.”
Costa said he’s “not suggesting this marks the end of the U.S. dollar or anything extreme but the direction is clear: The world is gradually moving back toward some form of a gold standard.”
Cellular Shill
Member
It is hard to trust any of these entities. But a currency that is backed by a gold standard would have a shot. I wish we went back to that but there are doubts if we have any gold at Fort Knox.
Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison
Lai, who had pleaded not guilty to all charges, was among the first prominent figures arrested under Beijing's security law in August 2020.
Trust is something China just doesn't understand, it's one step forward two steps back.
Marleny
Active member
It is why Argentina can't get ahead. No one can trust anyone. Imagine if they put in jail all the businessmen or politicians that got caught stealing. There would be no room to house anyone.Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison
Lai, who had pleaded not guilty to all charges, was among the first prominent figures arrested under Beijing's security law in August 2020.www.cnbc.com
Trust is something China just doesn't understand, it's one step forward two steps back.
Milei even said last week that tax evasion isn't a crime. Argentina is such a low trust society. I believe companies are smart to stay out of Argentina. No rule of law.
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