SS ee Se) ee > China: The new financial superpower? Sameer Siddiqui Contributor Rens some earth-shaking news came out from China: That they would start using gold-backed yuan as a means for the oil they would purchase. With the increasing debt of the US, I believe this could propel China as a global financial superpower and cripple the US economy. The global confidence in the US dollar is reducing day by day because of the state of the US economy. The US is at a critical juncture. Their debt levels are out of control, and China is lending to them. The US dollar has two primary functions; it is the official currency of the US, but also, more importantly, it TERFs are the worst is a global reserve currency and used to settle international transactions. Everyone wants dollars not out of some desire for artifact collections; rather without dollars no country can purchase crude oil and settle international transactions. I think this is the only reason the US economy is still stable, but it might not be for much longer. According to globalresearch. ca, many countries are increasing their gold holdings. China’s currency, the yuan, is artificially devalued by China so that their exports remain cheap. However, the real value of the yuan is much higher. Since China is the worlds largest crude oil importer, it can say to its suppliers like Saudi Arabia, Iran, and Russia that it would pay for the oil > Vancouver women’s shelters don’t help all women Jillian McMullen Staff Writer Te legacy of second wave feminism endangers the bodies of all women. Second-wave feminism was characterized by a broadening of issues addressed past feminism’s initial preoccupation with suffrage. According to Gabriele Griffin's definition in A Dictionary of Gender Studies, published by Oxford University Press, this largely included demands for equal pay for equal work, access to abortions and “the acknowledgment and prosecution of sexual harassment, rape in marriage, and domestic violence.” This final demand spurred the establishment of women’s safe spaces like shelters and crisis centres. While I can’t argue the altruistic motives of these shelters, I can argue whether they truly help all women. One of the main issues afflicting feminism today is the in-fighting among feminists on the issue of trans rights. Many radical second-wave feminists— colloquially called TERFs, for trans- exclusionary radical feminists—claimed that because trans women “aren’t born women,” they cannot understand the kind of subjection “real” women experience. This thought process is echoed in many of Vancouver’s shelters’ refusal to provide resources to trans women. Vancouver Rape Relief and Crisis Center spoke before the Senate this past May to provide their input on Bill % not in US dollars but in Chinese yuan, thereby increasing the global demand for the yuan. This is the last thing the US wants as it could set off a chain reaction and further increase the value of the yuan over the US dollar. I believe another reason the US economy is still stable is because they have large trade deficits. They have these trade deficits because every country requires US dollars for purchasing things it wants in the world market. The easiest way it can get dollars is if it exports goods to the US and gets dollars payments in return. Now, if the US wants a trade surplus it would mean that other countries would pay for US exports in dollars reducing their own dollar reserves. This is the major drawback C-16, which will add gender identity and gender expression to the list of illegal forms of discrimination. According to one of its members, as quoted in a CBC report, they “are worried that this well- intentioned legislation will be used to undermine the rights of women and the crucial work of women’s groups.” I would argue the exact opposite. Qualifying to what degree trans women belong to their gender identity is incredibly irresponsible, especially if the goal of your organization is to help women escape violence. Trans people are at a proportionately higher risk for violence than any other LGBTQ+ demographic. According to a report on violence against lesbian, bisexual, and trans women completed by Egale 1a of functioning as a global reserve currency: You can only sustain it with trade deficits; but for how long? I believe that the man who sits in the oval office is highly unpredictable, and China knows this well. China has accumulated vast US government bonds and could cause a financial earthquake in the US if they starts selling them. I think the greatest appeal of the current US president is his patriotism towards his country. He would not sit idle while other countries take away American jobs. He could start imposing tariffs on Chinese imports or force China to allow American exports into their domestic markets. I believe as of now, he has the upper hand in deciding if China will become the next global financial superpower. Canada Human Rights Trust, about 20 per cent of Ontario's trans community has experienced violent physical or sexual assault for being trans. Considering this violence, I think that claiming that these women have “chosen” their identities—as many TERFs do—is frankly ridiculous. Who consciously chooses a life that society constantly assaults, both literally and figuratively? To publicly state that fellow citizens should not be protected from discrimination under the law is not only disgusting, but it is what is truly working to undermine the important work of women’s groups, and feminism as a whole. Leave second-wave ideology where it’s meant to be—in the past.