In the outro from March 10's ""Soon Europeans will need Mir-UnionPay to travel outside their impoverished bubble."" I mentioned in passing:
....although with the actions of Visa and Mastercard a lot of merchants in Africa are looking for a replacement or at minimum a backup.
But forgot to include a link. So here is a fine one, from Sunderland Global Media (Connecting Wearside and the World):
BREAKING: The Ghana Union of Traders (GUTA) has called for the fast-tracking of moves to ensure that Ghanaian traders are able to trade more in the Chinese Yuan when doing business with China, moving away from USD.
— Sunderland Global Media (@Sunderland_GM) March 5, 2022
Despite all the UnionPay and Mir news I still think there is a place for the most popular links we've ever had: "UPDATED--'The Karl Marx Credit Card – When You’re Short of Kapital'":
Is it a tragedy? Is it a farce? In the land once called East Germany, in a town once called Karl-Marx-Stadt, a bank called Sparkasse Chemnitz ran an online poll letting customers vote for images to place on their credit cards. And the hands-down winner was Karl Marx, an ironic pick given that … well, you don’t need me to explain why.And
In response to this selection, Planet Money has encouraged readers to post a tagline for the card on Twitter, using the hashtag #marxcard. Here are a few of our favorites so far:
- There are Some Things Money Can’t Buy. Especially If You Abolish All Private Property.
- From each according to their ability, to each according to his need. For everything else, there’s
#Marxcard.- The Marx Card – Because Credit is the Opiate of the Masses.
- The Karl Marx MasterCard – When You’re Short of Kapital
Okay, The Second Time Is Farce: Some Additional Taglines for the Karl Marx Credit Card
It's Everywhere You Want To Be But Can't Go Due To Internal Travel Restrictions #marxcard
A spectre is haunting Europe - the spectre of cash back and low, low interest rates. #marxcard...MORE
