From Newsgroup: soc.culture.bulgaria
What would a socialist Wall Street look like? Xi Jinping just told us
Arnaud Bertrand
Feb 03, 2026
What would a socialist Wall Street look like? Well, no need to wonder
anymore: Xi Jinping released a speech in which he explains exactly this.
Made in January 2024 but published just 3 days ago (together with an accompanying commentary piece and a more detailed editorial), XirCOs speech has been widely quoted in Western media these past few days because he explicitly calls for the Yuan to rCLpossess global reserve currency statusrCY (oa?tEaoe?onc*|oo+U).
But, as is often the case, the media are actually missing the forest for
the trees by reducing the speech to a simplistic call about challenging
the dollar. What Xi described is actually much more interesting than
this: it's a sweeping vision for building a global financial power
organized around socialist principles, without the greed and without a financialization of the economy (what Xi calls *a#o<RoEa*OU, rCLdrifting from the
real economy into the virtualrCY).
In essence, Wall Street but with the opposite philosophy.
https://substack.com/@arnaudbertrand/p-186605840
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https://glasove.com/na-fokus/si-dzinpin-obyavi-voyna-na-finansoviya-nihilizam-moral-i-realna-ikonomika-sreshtu-zapadnata-alchnost-i-virtualni-baloni
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