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Globally the amount of debts that is denominated in US$ and needs to be paid in US$ is at record highs.
Countries with trade surplus need to put their money somewhere and the favorite place is in US treasuries, US stocks or US assets ...so they eventually convert to US$.
In order to really dedollaruse China has to take a few major steps which it hasn't
1. It has to stop capital controls.
2. It has to fully open it's markets fo investors like US which is a favorite destinations for investments.
3. It has to persuade countries to borrow Yuan ...
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: 16-05-2023, 08:43 PM by
sgbuffett.)
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You can conclude based on changes in one day???
Look at these mah :
![[Image: Screenshot-20230516-205348-com-android-c...611902.jpg]](https://i.ibb.co/4j3qVD5/Screenshot-20230516-205348-com-android-chrome-edit-154097842611902.jpg)
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China is doing batch by batch.
There are 80 trillions of USD outside of America.
China knows eventually USD will crash and they hold 1 trillions USD.
This dedollarisation will takes a decades or so to realized.
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Pump & dump lah before June 1st
KTV妹妹说,香港人无义,台湾人无情,新加坂人无智
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not easy for the average jo to understand
without Dola supports meaning tradings with everyone under the hot sun and u insist u r no.1
this hapan
ps if u r caught without Dola and u bring USTs to the discount window with the IOU nothings Uncle will charge u more
it becomes obvious to u why by now just look at his balance sheet. All sai and u bring more sai to him?
(This post was last modified: 17-05-2023, 12:10 AM by
singlon.)
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dedollarised in physical trade is ongoing,
but dedollarised in investment/bonds has not really begin,
infact money always goes to place which provide the higher interest rate.
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reverse indicator had spoken.
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I think the discussion about de-dollarisation is not about USD no longer being the reserve or use for trading but the loss of its dominance and an alternative currency.
This is a good thing, as we all know monopoly in any form is corrupted and hinders progress.
KTV妹妹说,香港人无义,台湾人无情,新加坂人无智
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Dollar will never be weak if they are main currency reserved
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(16-05-2023, 08:43 PM)sgbuffett Wrote: Globally the amount of debts that is denominated in US$ and needs to be paid in US$ is at record highs.
Countries with trade surplus need to put their money somewhere and the favorite place is in US treasuries, US stocks or US assets ...so they eventually convert to US$.
In order to really dedollaruse China has to take a few major steps which it hasn't
1. It has to stop capital controls.
2. It has to fully open it's markets fo investors like US which is a favorite destinations for investments.
3. It has to persuade countries to borrow Yuan ...
No matter how impressive you try to make your essay sound, the moment you cannot write proper English, it turns peepur off.
Its.
Not it's
How many times must I teach you this?
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(16-05-2023, 08:43 PM)sgbuffett Wrote: ...so they eventually convert to US$.
Do you know how many us high tech companies and how much of s&p500 earnings are from their offshore operations? And how much losses when converting their earnings back to usd? A strong dollar is not always a gd thing for them
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Many are confused and getting it wrong. Not sure which is which.
It is not replacing dollar as international currency and CNY will not achieve that due to China own economy structure.
What they want to do is to bypass the dollar system sanction in order for other country to progress. Under uni-currency system, no other country can progress and replace the hegemony. It is a long term planning.
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Dun believe Commies AT
(This post was last modified: 17-05-2023, 01:27 PM by
limpeh394.)
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