) are starting to look as if they have a real future in the toilet paper industry.China also closed a deal with Brazil to trade in local currencies. The shuts the dollar out of their interactions. This is a big deal.
) are starting to look as if they have a real future in the toilet paper industry.If y’all want to trust the Chinese government, go for it.
I think a few millions tons of cow shciff from India is worth more.
US dollar still rules the World
and the Euro is a strong second
the yuan is way in the back somewhere, yelling “look at me”
The problem will be trying to spend yuan. The Chinese won’t want it back as they print plenty of their own.
VERY BIG...
The end of the petro dollar is near. It will create more turmoil in the dollar than going off the gold standard in 1973.
Ah, that’s swell. Guess we can recall those fleet assets from the Straits of Hormuz, the Malacca Straits, etc.
Our protection, our currency.
Your currency, your protection.