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re: Chinese Yuan overtakes dollar as most-used currency in China's cross-border transactions
Posted on 4/26/23 at 9:46 pm to TigerFanatic99
Posted on 4/26/23 at 9:46 pm to TigerFanatic99
quote:
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
India will never be a superpower regardless of their population and IT prowess. Much like China, whose success has been built on the back of the U.S. Navy for 4 decades, they are too dependent upon the resources of other nations to ever be a superpower.
This post was edited on 4/26/23 at 10:54 pm
0
Posted on 4/26/23 at 9:59 pm to FlexDawg
How would Trump prevent this?
Posted on 4/26/23 at 10:56 pm to deltaland
quote:
Like the dollar?
The Yuan is FAR worse off than the dollar. We do quantitative easing on occasion, which is definitely inflationary, but it's nothing compared to what the Chinese do.
Posted on 4/26/23 at 11:01 pm to FlexDawg
I'm sure that data is extremely accurate
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