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Comments by "DailyBeatings" (@DailyBeatings) on "" video.
With the US money printer going... Brrr... it won't be long before the yuan is worth more than the dollar...🤣😂🤣😂
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@@TH-dr1kg It that the reason why US reserves held by foreign countries went from 71% in 2000 to 58% in 2023? It's because they can't get enough, right? Why do you even post this stuff when your claims can easily be refuted? It's so embarrassing, don't you have any modesty? 🤣😂🤣😂
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 @jaihindersingh Sorry, but Google translate doesn't seem to work on this strange language. Is it like pig latin or ebonics?🤣😂🤣😂
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@@TH-dr1kg Demand for USD has more to do with the petrodollar than anything else. The fact remains USD foreign reserves have been steadily decreasing while more and more countries start to trade in their own currencies. Also kicking Russia out of SWIFT and stealing their foreign reserves is only going to accelerate by-passing of the USD. In any case China does not need to be the world's reserve currency since it's impossible to have a negative current account balance when you're an exporting county with a massive positive trade surplus. Simple economics versus the tired old talking points you keep spewing over and over again...🤣😂🤣😂
2
@@TH-dr1kg Why would China be envious or jealous? Reserve currency comes with a lot of baggage and expense when your're trying to enforce the status quo through economic coercion and/or military force. For retaining that privilege the US has racked up 34 trillion and counting in debt. The interest payments alone are over 1.1 trillion per year. You know it's unsustainable, that's why you ignore it...🤣😂🤣😂
2
The tech war initiated by the US is by far the dumbest thing you could have started. It causes duplication of effort wasting time and resources that would be much better served in a cooperative arrangement, which would benefit all of mankind. If you look at history all empires eventually end and the US is no exception. The only issue is will the US bow out gracefully or set the world on fire in a futile attempt to retain power?
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 @lolcatjunior TH-dr1kg is too stupid to realize the trend. His talking pointing are about 5-10 years out of date. What do you expect from low cost troll farms based out of Mumbai? 🤣😂🤣😂
1