07-04-2022, 04:25 PM
07-04-2022, 04:25 PM
07-04-2022, 04:30 PM
If Assmerica does it, it will be the end of US$.
Everyone will dump US$ and ALL investment in Assmerica!
Everyone will dump US$ and ALL investment in Assmerica!
07-04-2022, 04:50 PM
(07-04-2022, 04:25 PM)maikyah Wrote: [ -> ]https://www.scmp.com/economy/china-economy/article/3173273/us-sanctions-threat-if-china-aids-russia-stirs-fear-beijing?module=perpetual_scroll_0&pgtype=article&campaign=3173273
If it is really as simple and straight forward as SCMP implies, Trump would have done it 4 years ago. Even an economic midget like Russia has fought back in many exotic ways and though taking damage along the way, is still holding out to date.
Try this stunt on China and the US economy and dollar would likely collapse at the same rate, if not faster, than China's. I can understand the need for the Chinese government to raise this possibility and do contingency planning, but the cavalier way SCMP puts this "strategy" across makes it sound like a walk in the breeze which is an insult to its readers' intelligence.
07-04-2022, 06:40 PM
Absolutely correct.
Stupid SCMP correspondents and the former Chinese officials.
US dollar will kaput if the US sanctions include assets in US bonds and treasuries.
Stupid SCMP correspondents and the former Chinese officials.
US dollar will kaput if the US sanctions include assets in US bonds and treasuries.