• 133arc585
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      71 year ago

      Who do you think would have better data about Chinese trade than China?

      • @[email protected]
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        -11 year ago

        Who do you think would have a good reason to misrepresent the truth? China and Russia getting away with trade without US involvement is good for China and Russia, so it benefits them to state that even if that’s not exactly what’s going on.

        In this case it makes a ton of sense given the sanctions against Russia, but I do try to look for independent verification of any large story when the only source has interests in misrepresenting the truth.

        • ☆ Yσɠƚԋσʂ ☆OP
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          61 year ago

          Pretty obvious that western media has a lot of great reasons to misrepresent the truth to keep people such as yourself thinking that disastrous policies western governments are pursuing are actually working.

          • @[email protected]
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            01 year ago

            Sure, which is why I try to get multiple sources.

            The problem with countries like China (and probably Russia) is that their governments can directly interfere with news reporting. That’s possible to an extent in western countries, but it’s a lot less likely to happen without journalists making a big fuss because of our cultural and legal freedoms of the press.

            I’m hesitant to believe anything when I have a single source, and I’m more hesitant if multiple sources are from the friendly countries where the governments have direct control over the media.

            • @[email protected]
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              31 year ago

              Doesn’t the US have a track record of literally assassinating journalists who dig into things they aren’t supposed to?

              Doesn’t the US also have a track record of hunting down whistleblowers around the world? Of extrajudicial surveillance and illegal international surveillance and mass surveillance?

              Not sure the Western world has a great role model there.

              • @[email protected]
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                01 year ago

                Yes, the US is far from perfect, which it why is a good idea to get news from a variety of sources. I try to read about the Ukraine war from other perspectives, for example.

                But those instances are:

                • illegal and therefore quite rare
                • generally limited to instances of revealing state secrets (as in the case of Assange, Snowdon, etc)
                • very unpopular

                So in general, journalists have much more freedom to criticize their government here in the US vs Russia or China, and to me that has value. It’s not perfect and you can certainly get a lot of misinformation through strong biases here (i.e. many people assume their country is in the right), but it’s way better in pretty much any western country than a country with a much more authoritarian government.

                • @[email protected]
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                  21 year ago

                  You can argue pretty much the exact same three points about government intervention in journalism everywhere.

                  Not really selling your point.

            • @[email protected]
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              1 year ago

              I agree with your thoughts on reading multiple sources, but in regards to your trust for Western over other countries see the Propaganda Model, specifically on sourcing, ownership, and anti-communism/fear

              • @[email protected]
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                11 year ago

                I’ll have to check it out. I’m a fan of Noam Chomksy (esp. in linguistics), I just don’t agree with a lot of his political conclusions.

                • @[email protected]
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                  21 year ago

                  Manufacturing Consent is a seminal work and consists of actual “case studies” where they contrast the coverage of similar news events occurring in communists countries at the time vs countries/groups allied with the US. It’s pretty eye opening.

                  It’s still applicable today, maybe even moreso with the increasing rate of media consolidation.

    • @MercuryUprising
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      61 year ago

      Also worth mentioning that if you look past the article into the actual context, you’d end up with a headline that reads: “Two struggling economies under the threat of collapse due to mismanagement and poor resource allocation begin trading their depreciating currencies in a desperate attempt to stay afloat.”

      • @ghariksforge
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        21 year ago

        Since when is China a struggling economy? They are kicking western ass year over year.

    • @[email protected]
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      51 year ago

      Just like many western outlets are mouthpieces for us in the West. If there are other sources that present different data please post them to dispute this.

      • @[email protected]
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        21 year ago

        I didn’t dispute the data, I’m saying that the source isn’t neutral.

        The data may very well be accurate or not, I don’t know enough to comment either way. I suspect it’s not entirely accurate because both Russia and China have a history of massaging numbers and having inaccurate reporting.

        But putting that aside - Russia and China both want to get rid of the US dollar as the dominant currency for their own interests. It’s not surprising that Russia-China trades are now conducted mostly without the use of US dollars. The fact that this comes from a known government mouthpiece means it’s just nationalist self-promotion.

        Questioning the motive of the source is always good practice. If you see an article saying “Survey shows Hyundai emerges as the best car brand in 2023”, it would make a difference if this news was taken from the Hyundai website or BBC.

        It’s not a matter of being pro-US or pro-Russia/China. There are skewed news sources in ever country, the US included.

      • @Raphael
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        01 year ago

        Its the communist party

      • @[email protected]
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        01 year ago

        The folks with their dick in the asshole of the guy you are sucking off. Kind of difficult to see from your vantage point but everyone else can see it.

  • @ghariksforge
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    01 year ago

    You could see this coming years in advance. People started dropping the dollar when American politicians weaponized the dollar to push their agenda on the rest of the world.

  • @Raphael
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    -11 year ago

    Keep weaponizing the dollar and there will be nobody left using it

    • partial_accumen
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      51 year ago

      They’re not avoiding USD because they want to. They are avoiding because they don’t have a choice.

      The value of using USD is its consistency (compared to nearly all other world currencies). China regularly manipulates its currency and sovereign economic indicators. If Russia is holding lots of Yuan China has a huge amount of control over the fragile Russian economy. If China is holding lots of Rubles China has even MORE control.

      Russia would far more prefer to settle in EUR, USD, or GBP, except they don’t have those as choices.