The only thing they've broken is their own economic growth. Alarms are going off in China particularly. Hard to make a recovery plan when government also controls the industry. Their last round of stimulus did absolutely nothing.
Not to mention, the other half is that they wouldnât even be discussing this if Russia wasnât being slowly economically strangled due to sanctions. And Russia wouldnât be getting sanctioned if the hadnât fucking invaded Ukraine proper in 2022.
Feel free to give me any of the dollars or dollar-backed currencies in your possession since you don't support them. I'll be happy to take them off your hands. I won't even ask for a chicken or goat in trade.
Well you're not going to replace it with a less trusted method. Ask any company that ran into China in the 90s whether they would do it again. I guarantee their version of this will be more restrictive and offer 0 protections for the businesses that use it. They all know the Chinese government just seizes whatever they want whenever they want it.
They already blocked you to keep their echo chamber pure.
Cause if you can't see people that disagree with you they don't exist and you can be surprised and angry when things just don't go your way.