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AQuietNight
Sean Foo
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Comments by "AQuietNight" (@AQuietNight) on "China Meets Saudi Arabia - The Asian Era Has Begun!" video.
China can't be friends with everyone. Eventually this house of cards China is building will crumble. Keep in mind Russia was seen as a military tiger just a few years ago. Look at Russia now. China will be facing economic competition from Africa. I have heard more than a few times Africa should not be sending China raw materials, China should be buying finished materials from Africa. I still think the dollar not being the reserve currency will prove to be a long term plus for the United States even though there maybe short term pain. A lower value dollar will improve U.S. exports while making foreign made products more expensive. Industry will flow back to the United States while countries like China will have a more difficult time selling to the United States. The same will apply to Europe with it's weakening Euro. I also think if Saudi Arabia gets to chummy with the Yuan, other countries may demand Saudi Arabia offer other countries direct payment. Maybe the U.S. Dollar will be the last true world reserve currency?
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