4 ms·

"monetary sovereign" It still requires them to get many other rich countries to generally buy into their story.

• vkou 8y ago
  As long as you keep buying cheap (And a few expensive) things made in China, you're buying into the story. Where do you think your iPhone is built?
  • microdrum 8y ago
    Not rich countries' consumers; rich countries' governments, economists, and academics.
    • vkou 8y ago
      What does their belief or disbelief have to do with whether or not China is a monetary sovereign? I mean, I suppose they can all imagine that spherical cows exist, but wishing won't make it so.