Source: https://www.wsj.com/world/how-america-inadvertently-created-an-axis-of-evasion-led-by-china-0a9bc477
Article is paywalled by the way, but you get the jist from the first paragraphs anyway, “oh no, we can’t subdue the US’s enemies, ahem, i mean “authoritarian enemies of democracy” through unilateral coercive measures, sorry, “sanctions” anymore, blah, blah, blah…”.
“shadow economy”
I like how they think that an economy in which the US isn’t dominant is a “shadow” one.
With all of the sanctions it is imposing, the western bloc is actually the one quickly making itself into the shadow economy of the world. The rest of the world will go on trading with each other and rising up while the West chooses to isolate itself further and further in its stagnant bubble of “freedom and democracy and rules based order”.
Objectively this is a good thing but as someone stuck inside that bubble with no way out i have to say it’s a bit of a bummer.
The US is doing it’s best to emancipate the world from the US dollar. It’s great witnessing what no dialectics does to mfers.
