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Cake day: June 20th, 2023

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  • That’s about as nuclear of an option as they can threaten in terms of geoeconomics and how they’ll directly impact the US, tbh.

    For those in the back: they’re threatening to jump on the bandwagon that’s shifting away from the petrodollar, which would have absolutely catastrophic consequences for the US economy, as well as in general. Think “fall of the USSR” type shit. This is not an exaggeration. And yeah, it can absolutely be argued that the petrodollar was a stupid fucking idea for a lot of reasons. But it did let the US more or less not care about debt at all for over a half century. Pulling that rug is going to have a lot of consequences in a lot of places all over the world - not just the US - and will ultimately yield a lot of chaos.










    • I’m not encouraging the EU or any country in it to vassalize itself to the US. Depending on the US is better than Russia in the interim time that it will take to build infrastructure and industry to be able to depend less - or not at all - on the US. If you’re arguing that Russia is an overall less exploitative and threatening partner than Russia in the past and short term future: you’re deluding yourself.
    • The two choices in the recent Hungarian elections were Orban or Magyar. That’s it. You are making light of incremental, but real, improvements. Magyar is not the desired endpoint for Hungary. He is a necessary waypoint on the way to Hungary reclaiming its societal and geopolitical sanity.