https://www.aier.org/article/de-dollariz...has-begun/

Might be time to look into other tangible assets as investments.

(04-05-2023 12:07 PM)BlueDragon Wrote:  https://www.aier.org/article/de-dollariz...has-begun/

Might be time to look into other tangible assets as investments.

Again, the idea that that the Chinese monetary policy, loans, and gifts will have no foreign policy strings attached is pretty laughable. The Chinese One Belt One Road Intiative---a global infrastructure development strategy designed to buy friends and influence has only been around since 2013 and already has many participants regretting the decision to jump into bed with the Chinese. Sure, some will dive into these new dollar alternatives---especially those nations who have little choice due to sanctions. But as soon as something goes wrong (like a demographic collapse causing a financial collapse in Chinese real estate values---yeah---thats pretty much unavoidable), the dollar is going to bounce right back as the worlds preferred currency (assuming it ever loses that status---which I dont think will happen).