Posts: 22,572
Threads: 6,423
Likes Received: 4,143 in 3,249 posts
Likes Given: 498
When you want to de-dollqrise you have to make sure that nobody wants USD and its value plunge.
Fact is this the Yuan is falling g and falling against USD ever since China keep talking about de- dolllarisation.
Those who don't keep USD and kept Yuan instead will see losses in exchange rate...
![[Image: zWIy0SF.jpg]](https://i.imgur.com/zWIy0SF.jpg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(This post was last modified: 30-05-2023, 03:15 PM by
sgbuffett.)
Posts: 18,028
Threads: 2,079
Likes Received: 4,822 in 4,086 posts
Likes Given: 722
US M2 money supply dropping, causing USD to strengthen lah.
Lesser USD in the market, USD strengthens.
Deflation is on the card. USD bonds become junk bonds, investors are not buying.
It is now getting more and more expensive to borrow $$$.
I am expecting banking sector will be the next one to be in trouble.
银行最怕钱借不出去，也怕钱收不回来。
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 30-05-2023, 05:06 PM by
RiseofAsia.)
Posts: 18,028
Threads: 2,079
Likes Received: 4,822 in 4,086 posts
Likes Given: 722
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
Posts: 15,419
Threads: 1
Likes Received: 3,161 in 2,968 posts
Likes Given: 83
in this saga the strong Dola means NO SUPPORT
FRB raises rate to punish u for presenting ur iouNothings for her notes
beri cham BoLui. Treasury also same.
like dat lo tauKeng ...pianLan
(This post was last modified: 30-05-2023, 04:21 PM by
singlon.)
Posts: 7,055
Threads: 9
Likes Received: 2,493 in 1,952 posts
Likes Given: 948
De-dollarisation is ongoing by 120+ countries in various forms. Nothing much to do with the daily fluctuation of the rmb.
Posts: 12,307
Threads: 513
Likes Received: 2,591 in 2,298 posts
Likes Given: 822
Sgbutt is here to stir China... and nothing about de dollar...
Posts: 18,028
Threads: 2,079
Likes Received: 4,822 in 4,086 posts
Likes Given: 722
(30-05-2023, 04:47 PM)Niubee Wrote: Sgbutt is here to stir China... and nothing about de dollar...
He likes to 断章取义。
古人有教我们。此一时，彼一时lah.
![[Image: IMG-7957.jpg]](https://i.ibb.co/9r4W0KH/IMG-7957.jpg)
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 30-05-2023, 05:05 PM by
RiseofAsia.)
Posts: 18,594
Threads: 2,494
Likes Received: 3,179 in 2,699 posts
Likes Given: 2,151
.
Since BRICS member numbers are still growing and are using own currency or eventually, a single currency, then, who cares about the movement of USD.
Eventually, producers of commodities and Oil from Saudi and UAE be priced @ BRICS currency
Their trades in USD will be much reduced.
(This post was last modified: 31-05-2023, 08:30 AM by
Scythian.)
Posts: 18,594
Threads: 2,494
Likes Received: 3,179 in 2,699 posts
Likes Given: 2,151
(30-05-2023, 04:47 PM)Niubee Wrote: Sgbutt is here to stir China... and nothing about de dollar...
Sgtalk forum needs many of such contributors
Posts: 711
Threads: 3
Likes Received: 42 in 39 posts
Likes Given: 2
Third world china currency is like banana notes. Worth lesser and lesser everyday.
Ah tiongs are also getting poorer and poorer because their money has less value LOL!
That's why many ah tiongs are trying to escape third world china and change their useless yuan into USD and other currency before they go bankrupt.
Users browsing this thread: 1 Guest(s)
![](https://i.imgur.com/CLvY2jA.png")
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
