indian dropee is a dreadful currency, its collapsing, no one wants to hold that. how much of indian trade is done in rupees? how much trade does india even do?
tiny fractions.
indian economy barely registers in the global economy, its a small shrimp compared to china.
because the entire US...
your points have nothing to do with economics, its all politics. your economic knowledge is limited so you delve into politics to cover up your lack of knowledge on economics.
china dont need to open mainland financial markets at the moment, there is an offshore RMB center in hong kong that...
the yuan is being used as reserves even when its not fully convertible. shows the incredible potential of the yuan. its an appreciating currency. has alot more upside potential due to the current account surplus.
this is very attractive for foreigners. this is one of the reasons yuan is being...
the yuan will not displace the dollar as THE reserve currency, but it will erode the amount of dollars the world holds as the dollar will have more competition from more reserve currencies.
this will make the world absorb less and less dollars and the US wont be able to print dollars and have...
:lol: says a dude from greece.
learn economics son and more importantly.....learn the chinese economy.
you are brainwashed with western propaganda about china.
western consumer markets consume less than 40% of our total exports(20% europe and 18% US). and you know where you get the money to...
You do realize that US 'aid' is money borrowed from us and given to others right?
It's like a person borrows money from a bank and goes around 'loaning' that money to his friends.
The US has no money, it's all borrowed from the rest of the world.
The US is dead broke, it's about another 5%...
Sri Lanka is seeking a counterweight to the aggressive Indian regime and are seeking allies.
I believe we should build a military base in Sri Lanka and fully arm the Sri lankan military.
We should fully arm Sri Lanka, Pakistan and Bangladesh and completely surround the Indians from all sides...
If you attack Sri Lanka, the Indian regime will get a little visit from the PLA. We have big interest in Sri Lanka, and an attack on Sri Lanka by the Indian regime will be the redline the Indians cross. We have global interests now, unlike in decades past. If it is in our national interest to...
we don't need jack from the Americans, they only buy 18% of our total exports.
We let the yuan rise, more domestic consumption increase due to higher purchasing power. We consume our own products.
We don't lend you that $1+ trillion, the American interest rates skyrocket. Then the fed prints...