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EU unlikely to confiscate Russian central bank assets - officials
(www.reuters.com)
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this post was submitted on 23 Jan 2024
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That's the most delusional thing I've ever read. Go look up world perception of China outside the western bubble, especially relative to perception of US. The dollar will be used by US and the states US managed to vassalize, everybody else will move on. It's already happening, but people living in the belly of the beast still can't see it.
And I'm asking you who will they use?
Because it won't be the countries I named. China isn't financially stable, India isn't politically stable, Russia is lol.
So who will they choose?
The fact that you think China isn't financially stable simply illustrates your ignorance of the subject you're attempting to debate here.
However, the reality is that you don't need to have a global reserve currency. Anybody who has any historical literacy would know this. Trade can be done in local currencies the way it is already being done increasingly.
All that said, the reality is that yuan is being increasingly used for trade and even western media openly acknowledges this.
Maybe spend more time educating yourself instead of trolling here?
Trolling? Fuck off dude you're literally the most obvious simp.
For the last thirty years your ilk has said this and it never happens when the US stumbles China crashes. They are so reliant on imports and their exports typically go to America forcing them to tie themselves by the throat to the USD.
No. The Yuan ain't gonna do shit. China is struggling so hard financially and the US is doing pretty well with Biden. On top of that the first thing you said to me was shooting yourself in the foot. China's political stability relies on it's oligarchy squeezing people by the balls and consuming their own. Nobody wants to succumb to that so they stay clear from that currency.
Every country moving to the Yuan is also highly extremely politically unstable furthering instability.
The USD is fine and will always sit comfy right on top of the Yuan. China has no chance especially once their export hungry economy begins to lose to others, which it already has. Now lie me how China is dependent on coal but actually isn't and the US relies on fossil fuels more.
No response? Ok prove my points kiddo nothing.
from your own article:
congratulations they beat Japan and post Brexit England lmfao
lol. See you in a decade when you're still edging about the West falling
I've already addressed all the "points" you were attempting to make there. Meanwhile, the part you evidently missed in those articles is the trajectory there. What will this look like a year from now, two, or three. Enjoy being smug while you can, and best of luck to you kiddo. You'll need it.
No you didn't.
You posted two articles. One behind a paywall and the other hammering in exactly what I'm saying.
Meaningless.
Whatever helps you cope there muffin.
he says with completely wrong information lol
Thanks for letting us know you don't understand the concept of trends.
Yup, you don't understand the concept of change over time. At one point, not so long ago, sterling pound was the global reserve currency and US dollar was not used at all. In a few years following WW2, sterling pound fell out of use as a reserve currency and was replaced by the dollar. What the articles I linked clearly explain is that the yuan is rapidly growing in use:
Reread what you just wrote
Follow your own advice and keep reading it till you understand what I wrote. Might take you a while based on what we've seen here.
"we"
shut the fuck up lol i know your shit i see you all over this site buddy. you say the quiet part out loud lmfao
like I said, cya in a decade when you're still edging hoping the dollar falls unaware that when it does the Yuan will have long fallen first because of how the cards are stacked ya fuckin goofball
Aww muffin, you sound upset maybe go outside touch some grass. Also, maybe work on your math a bit while you're at it. Here's how doubling works: 4.61*2 => 9.22 * 2 => 18.44 * 2 => 36.88 * 2 => 73.76. At the current rate of growth it would only take 4 years for the yuan to eclipse the dollar. Of course, these aren't independent events and as the use of yuan grows, the use of dollar will shrink. In reality we could see yuan become bigger than a dollar in even shorter time frame. It must be hard to go through life not being able to do basic math.
What an amazing counterpoint you've mustered. 👏
Go read up on the concept of rate of change over time instead of making a clown of yourself here, it's frankly embarrassing.
You're literally delusional. You live in a stupid little Chinese bubble that convinces you a currency people have to be pressured to use will double infinitely for no reason. Keep replying to me