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To: MichaelRDanger
For China to challenge the dollar’s dominance it would have to demonstrate it has a stable economy which it does not have.

Beyond that, people would have to trust China. Does anyone trust China? Even the Chinese do not trust China.
15 posted on 08/07/2025 9:17:55 AM PDT by Antoninus (Republicans are all honorable men.)
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To: Antoninus

I was really pessimistic about the state of the US $dollar up until a couple years ago.

Then I read an article, almost certainly here, that pointed out that the other major currencies, the Euro and the Yuan, are even MORE screwed up!

And yes, no one trusts the Chinese for sure, and *especially* the Chinese don’t trust the Chinese government.


38 posted on 08/07/2025 1:19:29 PM PDT by FreedomPoster (Islam delenda est)
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