The Chinese economy is even more BS than the Russian. They’re just kicking the can down the road until all that debt from the ghost cities finally blows up. They’re already walking the tight rope. A supermajority of the Chinese population have their life savings tied up in houses they never sell, without plumbing, without electricity, falling apart bit by bit or when someone bumps into a wall and crashes through it.
There will be no “China and Russia” challenging the Reserve Status on the long term. Maybe they’ll try some stop gap measures in the short term, but these are fake economies, built on fake crap, and corrupt to the core.
Our economy is all gimmicky as well, but nowhere near their level.
This “Russia and China are just going to supplant the dollar with the shity Yuan, or with Bitcoin, or with the Ruble, or some kind of new currency!” is a pipedream.
Yup, all of that check.
China produces the worlds goods. They have a lock on rare earth metals. Their manufacturing is incredible. They produce more PhD’s each year than we have total in the united states. When they take back Taiwan, they’ll control 90% of the world’s chips. You want chips or rare earth metals or any of the Chinese crap you buy at Walmart, they’re going to be paid in China’s new digital currency. That’s their plan. The US doesn’t have a plan except to print money and expand CRT and AGW hysteria.