[RiseofAsia]

History shows it is extremely unwise to associate closely with countries like Argentina, Venezuela etc that has no fiscal discipline and economies have collapsed.

China has put itself in a weakened position tying it's fate to these sinking ships and collection of economic losers.

Some like Saudi keeps tons of USD and plows the dollars back to US as investments . They will not do the same for Yuan as the investments are far less attractive.

SGD is very strong and should never associate with these weak economies because it can only weaken us.

History also tells us a huge military force is the key factor causing the fall of an empire.
Limited players are buying US bond. Dont be surprised the short term yield spikes to 10%.
There is no way US can bring down high inflation.