Comments by "HomerOJSimpson" (@Homer-OJ-Simpson) on "Can the Chinese YUAN win the WAR against the DOLLAR? [And one more alternative]" video.

@chukim8012 not a big difference if you’re here on behalf of the CCP. But other than that, yes, huge difference. Besides working for the Chinese government, why do you think it’s not a big difference?
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@shreyanshverma2295 Hey, it's the anti west guy again! Federal Reserve doesn't have to be 100% transparent to be much better and much more transparent than one run by China. Why do your types always use Nirvana Fallacy?
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The US share of global trade dropped from 40%+ to about 25% today so some drop is likely. Euro has certainly take some of that though that has now flattened.
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@tobiwan001 The Economics Explained video I just watched mentioned 25% but maybe it was % of GDP and not global trade. The importance is the trend -- the share of global trade and share of global GDP for the US is dropping so it's expected to be used less just based on that. But Yuan is only increasingly marginally so it certainly has no chance of competition with the US dollar.
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yet India is using yuan for some of it's INCREASE purchase of Russian imports since 2022 started. It will be limited of course.
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