China targeting third world with digital currency

Euro exists too. It's not like the only options are USA or China

>The world still wants DOLLARS
Not for long. De-dollarization is inevitable at this point. Not a matter of if but when. The end of U.S. hegemony is coming, and it looks like, more and more, each week, there will be a decoupling even if American/western firms don't want this to happen. This is of course all the U.S.' fault for using sanctions willy nilly and being entirely unwilling to grant reasonable concessions to any major parties ideologically opposed to western liberalism. China has grown incredibly aggressive re Taiwan and word on street is American natsec folks consider situation more risky than ever. This will be major flashpoint and I can't say I'm sure whether China would be flying too close to the sun by moving in. But US encouraging its firms to move supply chains off mainland to Taiwan only accelerates the process

The USD can collapse. America is not looking good from the outside. Another currency could replace it if it seems likely to collapse. Why would countries bet on a failing currency scenario?

There currently are not other decent options. But Russia, India, and China are buying up gold and it's quite obvious what they're preparing for. More countries are trading in their own currencies. If RBI and China's investments in developing world pay off they have billions of people that could be doing business in renminbi

>All the US' fault.....America's unwillingness to grant reasonable concessions to other parties

>But US encouraging its firms to move supply chains off mainland to Taiwan only accelerates the process

Accelerates the process of what? The process of not allowing other parties (like Taiwan) reasonable concessions? Your argument is as bad as your food Chang. Too much onions and salt.

Attached: chang.jpg (512x599, 40.42K)

>Accelerates the process of what
An illegal and unjust Chinese invasion of Taiwan. Have fun losing all your money though when US inevitably regresses to shadow of its former self. US abused its hegemon status for too long and will pay for it. I don't like it but PRC has political and economic model much better suited for current moment.

world reserve can change.

if it does, right now it will be the euro. The Yuan will never be a reserve currency because it is not scalable or extensible enough to handle the world's demand. Plus, no one in the western world will allow it to happen.

hahahahzhzhahzhzhahHHzhHzhahahahaha

Not if there are two separate worlds with two separate reserve currencies.

Do you ever shop at Amazon? Do you ever check the company name and where it is made? I dont mean "made in China", I mean a Chinese company. You know that sinking feeling you get when it is a Chinese company but the price is low? You ask yourself if you are feeling lucky or should you go with the more expensive one that "you can trust." Now scale out.

Top kek.

I'm sure you miss the British empire very very much but you need to let it go Nigel (Akhmet).

Right. I'm sure the nation led by octogenarians who can't even pass a stimulus bill during a crisis will continue on as a global hegemon.

You guys don't want to see the reality. It's reasonable to deny it when it means that your country goes to shit

The chains are there for your safety Kunta, aren't they?

Attached: kunta.jpg (330x550, 26.32K)

Have you seen the leaders of the CCP? Kek.

They're running a much more efficient government. If you were in China you'd be going to bars and music festivals right now with practically zero risk of getting infected with covid. Of course that comes at cost of having very little individual rights.

This

They also dont have any problems with shit like antifa because the government just murders the dissidents but tomato potato right? What's your point?

>US sanctions Chinese goods and forces it's allies in Australia, new zealand, japan, India and europe to do the same

>U.S removes the PEG that has artificially propped up the Yuan, HK Dollar and Taiwan Dollar

>U.S forms Pacific version of NATO

>U.S behind the scenes normalizes relationship with Russia

The new silk road will only stretch to shitty post soviet Turkmenistan and Iran. the future will not be china as the globalists have decided that their usefulness is over. China is surrounded by enemies.

Attached: e9e7750b3ffe0d5e8ff04b8d5419befb.gif (3542x2297, 1.26M)

I'm not making normative judgment. Just saying it loos like CCP is only country actually prepared for 21st century.

It's not tho. Everything given to china can be swiftly taken away. And it will be. Their totalitarian model was exploited by global finance to produce cheap shit and now their no longer competitive.

Attached: 1599083692672.jpg (960x704, 48.3K)

And other sources tell me that China is the intellectual powerhouse of the 21st century making immense progress in physical fields such as nuclear fusion, only getting started, while Western children aspire to be youtube stars and onlyfan thots.

We still have a choice. Not everything is a fucking coke or pepsi challenge.

Attached: photo_2020-08-01_12-09-06.jpg (1245x1280, 211.96K)

They have 1 billion people at home to serve plus a host of countries willing to join them. They're moving rapidly toward economic independence.

Via intellectual property theft from the west and forced technology transfers.

Attached: 1601424898507.jpg (590x421, 36.35K)

Your sources should probably be aware that the first and only nuclear fusion reactor in the world is currently being built in France. My intellectual sources say that's really far from Beijing.

>They have 1 billion people at home to serve

They have trouble feeding their population

>plus a host of countries willing to join them

Like?

>They're moving rapidly toward economic independence.

those phony GDP figures that consider those ghost cities they've built ad productive?

Attached: 1600215596581.jpg (842x792, 81.4K)

They also dont have enough decent farmland to feed all those people, which makes them a liability. It's an awfully long boat ride.