The state of things

Mwalimu-G

Mwalimu-G

Elder Lister
In a mere 20 years China has obliterated the US as the leading trading partner for most of the world. Gone with the status is the US' nonviolent influence, leaving it with only brute force as the only way to exert itself in the world the prefers non-belligerence more.

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The Chinese currency is the de-facto world reserve currency since more people trade with China than any other country. It's only that China holds too many US assets that would be affected if the dollar were to collapse suddenly. They just need time to get rid of the assets before they launch a serious assault on the dollar.
 
upepo said:
They just need time to get rid of the assets before they launch a serious assault on the dollar.
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Warning shots were sent, na Trump seemed to show his cards when he quickly backtracked and said the bond market is what gave him pause. Sasa kila mtu who owns U.S treasuries anajua where to apply pressure.
 
shocks said:
Warning shots were sent, na Trump seemed to show his cards when he quickly backtracked and said the bond market is what gave him pause. Sasa kila mtu who owns U.S treasuries anajua where to apply pressure.
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Actually they are du,ping them in small unnoticeable lots.
 
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