31-03-2023, 07:03 AM
Current state and reality of dedollarisation in report below.
There are many issues and lack of a credible 3rd currency alternative.
China still practices currency controls and speculators often encircle the off shore Yuan due to the debt fuel economic growth in China.
The path to dedollarise is for Americans to foul up and debase the USD bad enough for people to switch out.
https://www.trustnodes.com/2023/03/30/is...-happening
There are many issues and lack of a credible 3rd currency alternative.
China still practices currency controls and speculators often encircle the off shore Yuan due to the debt fuel economic growth in China.
The path to dedollarise is for Americans to foul up and debase the USD bad enough for people to switch out.
https://www.trustnodes.com/2023/03/30/is...-happening
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.