Re: it is a catch 22 situation
Replying to: it is a catch 22 situation -- swoosh Post ReplyForum


Khan

06/13/2023, 22:55:51




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The unloading has to be done over some time.

{and if China use the dollars to purchase stuffs from around the world, like oil etc, that will perpetuate the dollar dominance. }

Use the dollar to buy oil and gas from murrika, while reduce China's own oil production-- i.e. saving China's own oil underground. Also, use the dollar to buy iron ore from Australia-- don't think they will accept RMB anyway. Etc. etc.






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