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Dreamy Cheshire
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Comments by "Dreamy Cheshire" (@DreamyCheshire-up9rf) on "Can the Chinese YUAN win the WAR against the DOLLAR? [And one more alternative]" video.
USA already started their printers and printed whatever denominations of USD, years ago. Ironically, its USA and its NATO/EU allies that had unlawfully confiscated Russian personal assets, frozen Russian accounts and foreign reserves, and of course various sanctions. USA already robbed Afghanistan foreign reserves after fleeing from the country. In the case of Russo-Ukraine war, the collective West is the thug that the rest of the world are very concerned. Thus, the collapse of the Credit "Swiss" bank.
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Because USA had "weaponized" USD which lead them to distrust the currency.
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Euro was an experiment but now with the unlawful confiscation of personnel assets, frozen accounts and foreign exchange done by NATO/EU to another country, the rest of the world are serious in financial independence from USD. Just in case, they become the targets in future...
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There's no BRICS currency yet.
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Not so. India is alone in not using RMB ( yuan ) extensively in BRICS.
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USA broke financial/commercial laws in 2021 and 2022 by its unlawful confiscation of personnel assets, frozen accounts and foreign reserves of Russia and robbing from Afghanistan. So I doubt USA have the moral rights to accuse other countries, of not following the rule of financial/commercial laws.
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You meant Ruble ? Sure, its backed by gold but I'll choose another currency.
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Britain don't even accept Euro, let alone RMB.
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China economy already monstrous but Yuan would be just another currency like Euro.
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