Chinese Yuan new global currency?
- Thread starter cmlyon
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doctorj
Hatchet Moderator
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I really don't see the yuan becoming a reserve currency unless it's coupled with a material increase in the level of transparancy in the Chinese economy and government.
Wysiwyg
Everyone wants money
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When Willie`s sentences and wording are broken down, I see a writer trying to catch an audience. Not saying there isn`t an element of truth in what I read, it`s just a matter of finding where the truth is.
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I'm not sure what to think....
What doesn't suprise me is the Chinese ability to work out our economic woes.
The good thing about all this is:
not only are they able to achieve their goal of debilitating the USA in a game of chess, they also realise they can't ignore their greatest consumer.
Don't dismiss war if the Chinese back the US into a corner....
Lot's of water to pass under the bridge yet me thinks.
What doesn't suprise me is the Chinese ability to work out our economic woes.
The good thing about all this is:
not only are they able to achieve their goal of debilitating the USA in a game of chess, they also realise they can't ignore their greatest consumer.
Don't dismiss war if the Chinese back the US into a corner....
Lot's of water to pass under the bridge yet me thinks.
