The Great Game Changer: Belt and Road Intiative (BRI; OBOR)

[LEGENDARY WARRIOR]

Hehehehe.... Thats GREAT!

 

[StandForInsaf]

IMHO , no one should be using any other country's paper currency as reserve or exchange standard, use gold as reserve and standard, and do trade in own currencies.

 

[manojb]

Op started thread few days back on similar subject here . Whats matter?
http://www.defence.pk/forums/u-s-fo...y-agreement-further-threatens-u-s-dollar.html

 

[gpit]

Whether you choose Yuan or not, it's upto your decision. Just share an article with you:

...

“Today’s sharp appreciation shows the central bank sent a strong signal that the yuan’s appreciation trend won’t change,” said Liu Dongliang, a senior analyst in Shenzhen at China Merchants Bank Co., the nation’s sixth-biggest lender. “The PBOC knows that currency depreciation would weaken investors, traders and even average people’s confidence in the economy.”


...

China’s Yuan Strengthens Most in Two Months on Signs Credit Curbs Easing

At least I have some yuan to hedge against euro and USD.

 

[harpoon]

Should i convert my $ to euro now?

Gold and other precious metals.

 

[Hussein]

Gold and other precious metals.

Kryptonite

 

[araz]

Should i convert my $ to euro now?

I would go for Gold or silver.
Araz

 

[VelocuR]

Why US can't threaten Russia and China any possible.....just they attacked Iraq and Libya for changing currency on oil to euro.

 

[FairAndUnbiased]

Gold and other precious metals.

gold is at its correct value so it will hold value, but why merely hold, when you can make money?

silver is underpriced from its historical 15:1 ratio with gold, and an appreciation is INEVITABLE; 8000 years of history since the days of Sumeria says so. silver is also a valuable industrial metal, so if things really collapse, you could wire up some solar panels with it.

 

[lem34]

Op started thread few days back on similar subject here . Whats matter?
http://www.defence.pk/forums/u-s-fo...y-agreement-further-threatens-u-s-dollar.html

The demise of the dollar is an on going issue that will have everlasting consequences and needs to be be constantly updated and discussed as it signfies the change of baton from a unipolar world to a multipolar one

---------- Post added at 08:48 PM ---------- Previous post was at 08:46 PM ----------

Why US can't threaten Russia and China any possible.....just they attacked Iraq and Libya for changing currency on oil to euro.

Russia have nukes and ICBM which can reach America. Libya and Iraq couldnt even reach israel with conventional weapons

 

[VelocuR]

The demise of the dollar is an on going issue that will have everlasting consequences and needs to be be constantly updated and discussed as it signfies the change of baton from a unipolar world to a multipolar one

---------- Post added at 08:48 PM ---------- Previous post was at 08:46 PM ----------



Russia have nukes and ICBM which can reach America. Libya and Iraq couldnt even reach israel with conventional weapons

yaar I know, is there any way US can threaten Russia in any cost?

just like South China Sea control by US and its seven or ten allies......

 

[ChineseTiger1986]

Russia have nukes and ICBM which can reach America. Libya and Iraq couldnt even reach israel with conventional weapons

Not only the capability to hit the US soil with the nuclear ICBM, but also the ability to completely destroy US in a second strike attack.

Russia and China are both the primary nuclear opponent of US, so we both need to have the capability to annihilate US in a second nuclear strike.

Since Pakistan is not US's primary nuclear opponent, to develop this capability is too expensive for Pakistan right now, so Pakistan should develop the minimum nuclear deterrence against US.

Because US won't focus all its attention on a secondary nuclear opponent.

 

[beijing consensus]

iran has also decided to trade its oil using non-dollars.

 

[lem34]

iran has also decided to trade its oil using non-dollars.

Thats the real reason for wanting war with iran. Also Sadam had said no to US dollar and gadaffi was suggesting a new african currency demoninated or backed by gold

 

[Bukhari.syed]

No one will use dollars except the bound countries........... As the markets of both euro and dollar are going down too steeply so asian markets are going to rise higher...........