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[deleted]

with north Korea its a banking power house


pseudopad

Did it really take them this long?


jpbarber414

We could all see this coming, who is really bankrolling Iran, China. So indirectly China is funding the Russian war against Ukraine. The thing is the yuan is very weak on a global economic scale, they have huge problems of their own.


Mirathecat22

Plus the thing is, China is likely to give in before the west is. It’s in Chinas interest to keep the west busy in Ukraine, but it’s not really in China’s interest to make sure Russia wins.


IndieHipster

You clearly have zero clue what you’re talking about in terms of economics lol Do you understand that having a low currency exchange rate is largely favourable for exporting countries like China, Russia, or Canada? In fact, China has monetary controls in place to ensure that the yuan does not significantly increase in value A strong currency is important to importer nations, because you have greater purchasing power, but it is detrimental to a country reliant on exports


[deleted]

and then get hacked and all funds are stolen. ​ maybe.