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A Decentralising World Needs Decentralised Currency

Globalisation may have ended the minute the first Russian soldier crossed into Ukraine, and with it, the idea of a centralised global currency.
The post A Decentralising World Needs Decentralised Currency appeared first on LUXUO.

Image: Quantitatives/Unsplash

As Russian tanks rolled into Ukraine for the ?denazification? of the country, the veneer of global condemnation was pockmarked by its lack of a genuine, unified response.

As Western nations rallied around Ukraine and condemned Russia, others took a far more restrained approach, from South Africa whose President Cyril Ramaphosa sought a ?balanced? position to the war, to China?s deafening silence on the matter.

Brazil?s President Jair Bolsonaro declared, ?We will not take sides. We will continue being neutral and help with whatever is possible.?
Image: Nikolay Vorobyev/Unsplash

READ MORE: Opinion: Russia ? A Disaster, Live

While Mexico?s President Andrés Manuel López Obrador declined to join his country with Western sanctions being levelled against Russia, declaring, ?We are not going to take any sort of economic reprisal because we want to have good relations with all the governments in the world.?

For anyone who consumes primarily Western media, it may appear as if the world is united in condemnation of the Russian invasion of Ukraine, but dig a little deeper, read between the lines, and it becomes alarmingly clear that there is no such global coalition.

And this could have important implicati...
Source: luxuo
URL: http://www.luxuo.com/

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