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mevile | 6 years ago
In fact further US economic decline plays to his advantage because he can clearly blame China and blaming foreigners is something that works with his base.
mevile | 6 years ago
In fact further US economic decline plays to his advantage because he can clearly blame China and blaming foreigners is something that works with his base.
emilsedgh|6 years ago
Even if US wanted to go nuclear and push for China being cut from SWIFT:
1. It will be suicide. Cutting China from SWIFT will have very very big impact in the US.
2. US corporations have too much interest to lose in here. No way corporate America allows that to happen.
3. The rest of the world is already pissed at US for pulling out from Iran deal. They are not following US regarding Iran. How do you propose they would follow US' lead to put such sanctions on China and suffocate themselves?
Again, the chances of China being cut from SWIFT are close to zero.
adventured|6 years ago
The US has crushed the Iranian economy. What are you talking about? Have you seen the collapse of their economy since the US left the nuclear deal and began pursuing sanctions? Have you seen the extreme inflation rate, the plunge in their currency, the plunge in their oil exports, and their increasingly wild behavior?
If entirely crushing their economy equates to barely, what would be a successful version of sanctioning Iran?
Apr 2019 "Iran inflation could reach 40 percent this year as economy shrinks further"
https://www.reuters.com/article/us-iran-economy-imf/iran-inf...
Apr 2019 "Trump's maximum pressure campaign hammers Iranian economy"
"The World Bank predicted in an April report that the Iranian economy would "contract sharply," and it expects GDP to shrink by 3.8% in 2019 on the back of U.S. sanctions."
"Iran's currency, the rial, lost more than 60% of its value compared to the U.S. dollar last year, and inflation surged fourfold to an estimated rate of more than 40% by the end of 2018. (In 2019, the Central Bank of Iran has stopped publishing inflation data, leading some analysts to believe that the rate has kept rising beyond 40%.)"
https://www.axios.com/iran-economy-trump-sanctions-irgcc-0a8...
Apr 2019 "Iran's Latest Inflation Figure Tops 50 Percent - Food Prices Jump 85 Percent"
https://en.radiofarda.com/a/iran-s-latest-monthly-inflation-...