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China plays the Iran card and
calls Washington's bluff

Original Article

Posted By: Hazymac, 4/2/2021 3:09:12 PM

China last week signed a $400 billion, 30-year investment deal with Iran. American sanctions against Iran are effectively nullified. China’s state press declared, ““As it stands, this deal will totally upend the prevailing geopolitical landscape in the West Asian region that has for so long been subject to US hegemony.” As former Indian diplomat MK Bhadrakumar reports in Asia Times, Chinese state media declare that China will trade with Iran and other Central Asian currencies in its own currency, bypassing the dollar-based world banking system. US leverage against Iran is gone. It was obvious for the past year that China might play the Iran card.

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Reply 1 - Posted by: MrDeplorable 4/2/2021 3:41:59 PM (No. 742930)
The game is on! I call on all conservatives to play the NBC (Never Buy Chinese) Card. Let's see who cries "Dayi" first. ("Dayi" is "uncle" in Farsi)
4 people like this.

Reply 2 - Posted by: nhveritas 4/2/2021 5:59:27 PM (No. 743049)
Blinkin' Tony Blinkin and the woke squad are on it. Maybe they will send in Lurch Kerry to lecture them on the existential crisis that is weather. Never mind, that is only for consumption in the U.S. and socialist European nations.
1 person likes this.

Reply 3 - Posted by: Strike3 4/2/2021 6:32:48 PM (No. 743077)
As Stinky Soetoro once whispered to not-a-president Biden, "This is a big effing deal." It's only a matter of time before the Mad Mullahs get the bomb now.
0 people like this.

Reply 4 - Posted by: Italiano 4/2/2021 8:30:01 PM (No. 743139)
Be honest, wouldn't you?
0 people like this.

Reply 5 - Posted by: RuckusTom 4/2/2021 11:25:23 PM (No. 743201)
"... Chinese state media declare that China will trade with Iran and other Central Asian currencies in its own currency, bypassing the dollar-based world banking system." Get ready to see inflation out the wazoo. Those dollars previously used as an exchange currency are coming home. And with those excess dollars we'll have increased inflation. To avoid that we'll have increased interest rates to get those dollars out of the economy. There's a huge difference between 0% interest on $30T in debt and 20% or 30% interest on $30T in debt. We'll either see major cuts in the military, SS, Medicare and Medicaid or huge tax increases to pay for them and the interest on our debt.
1 person likes this.

Reply 6 - Posted by: tootall 4/3/2021 8:54:50 AM (No. 743430)
If the US dollar is replaced by the Chinese currency, or any other method of transaction, the game is over. We have so much debt.....increasing at a much faster clip.....google Weirmar Republic. Or look at what happened to Great Britain after the pound sterling was replaced by the dollar. We were their ally, and thus helped rebuild GB and Western Europe after WWII. If the Chinese are in charge, do you think they'll be helpful to us? #5 comment is all over it!
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