HotAtForty [he/him]
Yeah but they can lie?
Or if manufacturer of X doesn’t want to take that risk, then middleman Y would be happy to take the risk in exchange for a markup.
All the US has is a paper trail and if china doesn’t share that with the US then the US has nothing.
It seems banks are a particular weak point because of the paper trail that is inherent to banking, which is why it seems odd that this weak point hasn’t been addressed. If there is a specific bank that does business with Russia and only Russia, then the middlemen can use that. The other banks stay clean and the manufacturers have plausible deniability.
Like, Kyrgyzstan is importing an unusual amount of German machine tools right now for example.
Yeah but like a bank that exists for the special purpose of trade between Russia and China.
Let them sanction it.
Like how after 2008 there were those “bad loans” banks. Make a bank to hold the sanctions but it’s invincible because it doesn’t do anything except Sino-Russia settlements.
It’s surprising to me that the Chinese government doesn’t somehow make an institutional settlements bank that would anonymize transactions within BRICS.
Or, failing that, why can’t Russia or China establish a special purpose settlements bank just for trade between those nations?
This seems like it should be an easy enough problem to solve given the two countries share a land border and don’t have to share any information with the US.
If you remove the English Army tomorrow and hoist the green flag over Dublin Castle, unless you set about the organization of the Socialist Republic your efforts will be in vain. England will still rule you. She would rule you through her capitalists, through her landlords, through her financiers, through the whole array of commercial and individualist institutions she has planted in this country and watered with the tears of our mothers and the blood of our martyrs
James Connolly, Socialism and Nationalism 1897
Can I donate to the legal fund?
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