Thanks to Obozo, Biden and Soros, its coming; the big push to destroy the Dollar and replace it with the Yuan as the Worlds Reserve Currency. China needs it to survive economically.
Unlikely considering the current Chinese banking system and the “run” on banking.
It won’t be the Yuan, for a number of reasons. More like a commodity based currency used in currency swaps trading with other nations industrial production. Russia’s oil & gas for Chinese manufactured goods. But the fiat dollar is now on its last legs. Other coountries are sick of having to suffer inflation because of the West’s financial irresponsibility, and are looking for an off ramp.
Anyone who would trust the CCP currency is not someone I would want managing my funds or managing anything.
Seeing people attempting to give the Yuan “reserve currency” status will be interesting all things considered.
china —> ongoing bank runs
China is on the edge of economic collapse.
Ban all non-western immigration to the United States - preserve our western identity and note that East and West should never mix.