supercat
Colonel
Unfortunately, a lot of those shilling for war in the US work for America's arms industry. It's just another example of "War Is a Racket".I personally felt Trump had a some fair argument about trade imbalances with China, but jeez, things have really gone to hell since then. I place most of the blame on the US as it has been the aggressor.
In the historic March cross-boarder transactions, a whopping CNY 3.7 trillion (equivalent to $549.9 billion) was used in a single month!View attachment 111627
Boom, for China's cross border deals RMB have officially now overtaken the dollar at 48% to 47%.
Note: in 2010, RMB usage for cross border deal was 0%.
Ya Ya on the way home: