Comments by "Seanchaidhe" (@firmaith) on "Can the Chinese Yuan Replace the US Dollar?" video.

Consider this, the yuan has still not exceeded 2.5 %. This channel is not enlightened , it’s just a different flavor of kool aid.
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@CyrusJanssen and the significance of that shift is measured how ?
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@CyrusJanssen because percentage comparison seems a very straightforward way of assessing that.
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@CyrusJanssen The extent of the adjustment China must make in order to rebalance the sources of demand in its economy is substantial, and every one of the historical precedents suggests that the adjustment will involve a transformation of economic (and perhaps political) institutions. Morgan Stanley noted there are several risks to their prediction that the yuan will grow in international prominence. These include slower-than-expected opening of the Chinese financial markets to foreign investment, global market volatility, China's economic risks and significant escalation in U.S.- China tensions. Another area where you could be wrong is in the trend of the internationalisation of CNY (Chinese yuan) and the willingness of reserve managers to add CNY bonds to their portfolios," Also, the bulk of the increase in China's share in reserve assets has so far come from Russia and it is not yet clear to what extent others will follow suit, particularly if the broader opening up of the economy does not take place in time.
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@CyrusJanssen it’s also fairly obvious that your assertions are part of a larger Sinophile perspective, the rhetoric of which a typical FoxNews or CNN viewer is not likely to pick up on.
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@CyrusJanssen at first i thought you were naive or swayed by your affection for another culture. But after seeing your weak, nonsense response, I realize that you’re not anti-imperialism. You’re pro Chinese imperialism over American imperialism. You’re the epitome of a fifth columnist . Almost all of China’s foreign currency is held by Russia, but you try to paint it as a global trend. You’re a fool.
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The percentage of dollars in foreign reserves didn’t fall largely because of the Yuan, but because of the Euro, just be aware that this person ,
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