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Saudi Arabia Ditching America for China

S

SargeMaximus

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stringpuller said:
They will just take the excess dollar's out of circulation. US will just do business elsewhere.
This might be a good thing to bring some competition on the fee market
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Lol. Where we gonna buy the other oil from?
 
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BackInTheGame78

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Not a single country is looking to get their hands on Chinese Yuan instead of American Dollars.

Not. A. Single. One. Not even China.
 
Plinco

Plinco

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BackInTheGame78 said:
Not a single country is looking to get their hands on Chinese Yuan instead of American Dollars.

Not. A. Single. One. Not even China.
Click to expand...
There is something to be said about some countries looking for alternative monetary systems in order to get around American power, however the Chinese Yuan is the most monetary inflated currency if we are talking about major currencies. The Chinese economy is the most over leveraged and debt driven (in relative terms in their GDP) in history.
 
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