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China becomes the broker while Joe Biden is still the joker

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
128,162
87,523
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Biden is a joke...........

https://nypost.com/2023/03/11/china-the-broker-and-joe-biden-the-joker/

Friday’s biggest headline-grabbing news was the bust of Silicon Valley Bank following a run on its deposits.

The collapse was the second-largest bank failure in the nation’s history and fears of a domino effect rattled stock markets.

Seen from the long run, however, that was probably not the most important event of the day.

The honor goes to the announcement that Saudi Arabia and Iran restored diplomatic relations.

Given their long proxy war in Yemen and fierce sectarian hatred, the sudden agreement (right) was stunning.

Even more so because China brokered it.

As The Wall Street Journal said in a headline that captures the implications: “Accord marks diplomatic victory for Beijing in a region where US has long dominated geopolitics.”

Even The New York Times, usually a mouthpiece for the Biden administration, echoed the grim assessment, saying China’s role displayed President Xi Jinping’s “ambition of offering an alternative to a US-led world order.”
 
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