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17-03-2022, 08:10 AM
Morgan Stanley analysts believe that the share of the Chinese yuan in global FX reserves could reach 5-10% by 2030 at the expense of other reserve currencies.
https://oilprice.com/Geopolitics/Interna...ollar.html
(This post was last modified: 17-03-2022, 08:11 AM by
theold.)
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We would see the rise of multi-currencies. I buy using my own currency, you sell using yours, and balance it out with a 3rd party reserve currency.
From the sanctions, people have seen how easy their billions of DOLLAR reserves can become ZERO literally overnight. All central bankers around the world are now thinking of a back up plan - WHAT IF.
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Assmerica and Europe digging own grave!
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got morons here believe? just google the exchange, so S$ also fall?
US is hiking rate now, RMB pokai still need to cut rate & print more, why?
why moronic comie dogs here dontsellalltheir asset & buy their master RMB instead? ruble 20% interest, alibaba plunges 70% also no balls to buy RMB asset? china property dive straight down, in nice kunming, S$30k can buy a nice apartment for retirement, so cheap, 1 coe can buy 3 units, why no dogs here buy? all these junk china property after few yrs, worse than our 50 yrs HDB.
latest news, Russia &china going to share same currency? super nice if can realise, these 2 evils must tie everything together is the best. LOLLOL.
then how much will RMB worth? worthless like ruble now?
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(17-03-2022, 09:37 AM)kokee Wrote: got morons here believe? just google the exchange, so S$ also fall?
US is hiking rate now, RMB pokai still need to cut rate & print more, why?
why moronic comie dogs here dontsellalltheir asset & buy their master RMB instead? ruble 20% interest, alibaba plunges 70% also no balls to buy RMB asset? china property dive straight down, in nice kunming, S$30k can buy a nice apartment for retirement, so cheap, 1 coe can buy 3 units, why no dogs here buy? all these junk china property after few yrs, worse than our 50 yrs HDB.
latest news, Russia &china going to share same currency? super nice if can realise, these 2 evils must tie everything together is the best. LOLLOL.
then how much will RMB worth? worthless like ruble now?
dont angry la
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(17-03-2022, 09:57 AM)Niubee Wrote: dont angry la
too bad, I only make comie dog like you panic & desperate 7/24 to chase after my posts, LOL LOL.
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