[GOPJ]

OBSERVATION - I’ve been monitoring Chinese maneuverings like this. In addition to trying to undermine the dollar as the global currency, these moves are working to permit China to function in the event of actions against Taiwan and the resulting sanctions. Some do not see the Renminbi being strong enough yet to fully replace the dollar, but in the case of smaller countries will make it more difficult for the US to exercise controls.

China's making serious incursions into South America... Undermining our reserve currency status is a part of that threat.

[Godzilla]

Not just SA, but africa and pacific/asia as well.