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Started By
Message
Chinese Yuan overtakes dollar as most-used currency in China's cross-border transactions
Posted on 4/26/23 at 5:31 pm
Posted on 4/26/23 at 5:31 pm
10
Posted on 4/26/23 at 5:32 pm to FlexDawg
George Soros the currency manipulator and trader did that
Posted on 4/26/23 at 5:34 pm to FlexDawg
I’ve been told by several very informed and intelligent people on the PT forum the USD is the world’s reserve currency for the foreseeable future……we’re good.
Posted on 4/26/23 at 5:37 pm to FlexDawg
Thanks Joe!
Posted on 4/26/23 at 5:38 pm to Bass Tiger
quote:
we’re good.
Action needs to be take NOW if we want to be good in the decades to come.
Almost at the point of no return.
Posted on 4/26/23 at 5:40 pm to FlexDawg
WHAT ABOUT RON???????
Posted on 4/26/23 at 6:33 pm to FlexDawg
so what?
Posted on 4/26/23 at 6:41 pm to FlexDawg
quote:
Chinese Yuan
Artificially inflated house of cards
Posted on 4/26/23 at 6:42 pm to Bass Tiger
quote:
I’ve been told by several very informed and intelligent people on the PT forum the USD is the world’s reserve currency for the foreseeable future……we’re good.
It is. China's economy and demography are fricked beyond repair.
Posted on 4/26/23 at 6:56 pm to OchoDedos
quote:
Chinese Yuan
Artificially inflated house of cards
Money/currency is a confidence game….the question is…..is the confidence in the USD being undermined by the reckless policies of the illegitimate regime and the Federal Reserve?
Stay tuned.
Posted on 4/26/23 at 6:59 pm to Bass Tiger
quote:
is the confidence in the USD being undermined by the reckless policies of the illegitimate regime and the Federal Reserve?
CCP Central Committee says "hold my beer".
Posted on 4/26/23 at 7:15 pm to FlexDawg
Um, uh wouldnt it make sense for Taiwan and North Korea to use the yuan, Im asking for a friend.
You know kinda sorta like when we trade with Mejico, we don wan no stinkin pesos?????
You know kinda sorta like when we trade with Mejico, we don wan no stinkin pesos?????
Posted on 4/26/23 at 7:59 pm to FlexDawg
Are the Democrats being paid by China in dollars or Yuan?
Posted on 4/26/23 at 8:01 pm to OchoDedos
quote:
Chinese Yuan
Artificially inflated house of cards
Like the dollar?
Posted on 4/26/23 at 8:06 pm to Tantal
Demographics!!!!
Just fricking stop with that crap. The whole first world has major growth issues. Is India going to become a superpower because they keep breeding like rabbits?
The whole demographics rationalization is tiresome, weak and shortsighted
Just fricking stop with that crap. The whole first world has major growth issues. Is India going to become a superpower because they keep breeding like rabbits?
The whole demographics rationalization is tiresome, weak and shortsighted
Posted on 4/26/23 at 8:49 pm to LSUBadger
quote:
Is India going to become a superpower because they keep breeding like rabbits?
No. While they do have a large population with a better demographic structure than China, they are severely lacking in natural resources. Unskilled and lower-skilled labor is pretty much all they have. They'll end up being fairly insular in terms of manufacturing and trade (primarily producing for their own market), but they have the opportunity to become the major power between Turkey and China.
Posted on 4/26/23 at 8:51 pm to idlewatcher
Joe gets paid in yuan by the Chinese, so he approves.
Posted on 4/26/23 at 8:55 pm to Tantal
quote:
Unskilled and lower-skilled labor is pretty much all they have.
This couldn't be farther from the truth.
Posted on 4/26/23 at 9:08 pm to TigerFanatic99
quote:
This couldn't be farther from the truth.
They have one of the lowest literacy rates outside of Africa.
Posted on 4/26/23 at 9:21 pm to Tantal
quote:
They have one of the lowest literacy rates outside of Africa.
Well they have like 50 billion people. They can afford to have 30 billion idiots and still be the IT consulting capital of the world.
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