I'm just enjoying the fact that the reasons why I said these currency swap agreements with India and Brazil and others, that people, especially in the bitcoin community saw as the death-knell for the dollar, would fail, are coming true in hilarious rake-to-the-face ways.
Currency swap agreements are cool and all. But closed capital accounts kind of abrogate the possibility of deep liquidity and deep markets.
But people are who emotionally-invested in the collapse of the dollar don't want to hear this. They want to hear doom narratives that make them feel like they have an exclusive lens on the future.